Asian Paints Closes Bhandup Plant in Mumbai

Asian Paints today said it has closed down its oldest plant at Bhandup in Mumbai and all employees of the unit have either taken voluntary retirement or shifted to its some other plants.       The Bhandup plant had started production in 1958 and had employee strength of over 100. "The company has discontinued manufacturing activities at the plant with effect from May 5, 2014," Asian Paints said in a filing to the BSE. It fu...