Aditya Birla Group | Paint Business
Aditya Birla Group ventures into paint business in West Bengal
Kolkata/IBNS: Aditya Birla Group (ABG), a global conglomerate, has announced its venture into the paint business.
The Group had written to Chief Minister Mamata Banerjee earlier this month with their interest to set up a paint manufacturing unit in Bengal.
The Group led by Sunil Bajaj, Group Executive President and Ajith Kumar K., Chief Operating Officer (COO), New Projects and met the Chief Secretary on Thursday afternoon.
The Group has shown interest to set up a water based and solvent and have requested for allotment of land for decorative paint unit with backward integration on 80 acres of land in Vidyasagar Park.
They would also set up their ancillary units. The project involves investment of 1000 cr. from ABG.
The Paint Unit itself would provide employment for 600 people and indirect employment for over 1500 people would be created. The plant would be commissioned in 18-24 months.
The Group thanked Mamata Banerjee and the state government for their
prompt and proactive support.
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