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Asian Paints gets nod of Regulatory authorities at Jakarta

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Capital Market

For greenfield foray in Indonesia

Asian Paints announced that Badan Koordinasi Penanaman Modal (BKPM"), the Investment Coordinating Board of Republic of Indonesia, has approved and has issued a principal license for setting up manufacturing facility as part of a greenfield foray into Indonesia

Further steps to be taken for setting up the greenfield operations in Indonesia will be subject to necessary regulatory and other approvals.

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First Published: Oct 01 2014 | 6:52 PM IST

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