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Asian Paints to focus on emerging global markets

Our Bureau

NEW DELHI, Dec. 15

ASIAN Paints has announced that the company will focus on the emerging markets for growth and that Berger International will be the main growth driver for its international operations.

The company is transforming itself to become a major world player in the decorative paints business, with particular focus on emerging markets following its acquisition of controlling stake in Berger International Ltd, Singapore and SCIB Chemical SAE of Egypt.

The total investment made by the company in both these acquisitions amounted to around $16.80 million.

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