March 23, 2026 05:59 pm (IST)
Follow us:
Berger Paints signs MOU with Russian Government
Kolkata, Feb 18 (IBNS): Berger Paints India Limited and the Government of the Stavropol Region, Russian Federation on Wednesday entered into a Memorandum of Understanding for conducting a feasibility study and establishment of an industrial coatings plant in the Stavrapol region of Russia by Berger.
The Government of Stavrapol was represented by Vladimir Vladimirovich Vladimirov, the Governor of the Stavropol Region and Berger Paints was represented by Kuldip Singh Dhingra, Chairman.
Stavrapol is the administrative centre of Stavrapol Krai, at the centre of the northern Caucasus region, in the South West corner of Russia.
Stavrapol is an industrially developed area, with an automobile manufacturing facility and several other industries. It aims to further grow its industrial sector and is inviting global investors, including entrepreneurs from India, for the purpose.
Pursuant to the MOU, Berger will conduct a feasibility study, to be completed by 2015, for setting up a modern industrial coatings plant in the Stavrapol region. Berger will set up the plant to cater to the demands of the industries in the region and elsewhere in Russia, based on the results of the feasibility study.
Speaking on this occasion, Kuldip Sigh Dhingra, Chairman said, “We welcome this opportunity to be able to enter in this memorandum of understanding with the Government of the Stavropol Region, Russian Federation. By joining hands, we can collectively use our resources better to conduct feasibility study for setting up a modern industrial coatings in the Stavropol region. This is a step towards development of bilateral cooperation and we look forward to a successful collaboration.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
No longer a safe haven asset? Gold, silver crash despite war as $2 trillion vanishes in hours
Mon, Mar 23 2026
India hits 1 billion tonne coal milestone—Again!
Sat, Mar 21 2026
Charge_iN by Mahindra signs strategic agreement with HPCL to develop EV charging infrastructure at HPCL retail outlets
Fri, Mar 20 2026
Bank of Baroda becomes the first bank to launch credit line on UPI - OD facility for women SHG members
Fri, Mar 20 2026
₹10 lakh cover, free services & more: TVS Motor Company rolls out big benefits with King Ka Vaada 3.0
Fri, Mar 20 2026
Rupee hits record low, breaches 93 against US dollar for first time
Fri, Mar 20 2026