Mysuru site for world’s largest paint plant

India's largest paint maker Asian Paints will invest Rs 2,300 crore to build the world's largest paint manufacturing plant near Mysuru. The proposed water-based paints plant will have a capacity of six lakh kilolitres per annum and an estimated annual turnover of Rs 10,250 crore, said a statement from CM Siddaramaiah's office Stock Market Trading Tips

The plant will employ about 900 people directly and 4,500 indirectly. It is proposed to come up at Thandya industrial area spread over 175 acres. 

Earlier this year, the company was reportedly planning to set foot outside Karnataka due to inordinate delay in getting land, despite the project being cleared by the state high-level clearance committee in November last Astrological Prediction For Indian Stock Markets