Never miss a story

Get subscribed to our newsletter


×



Moscow: Indian paint manufacturing company Berger Paints has chosen to set up a plant in the Russian town of Nevinnomysk in the Stavropol region.

The decision to locate its paint and varnish manufacturing centre there, was taken after a group of Indian investors visited the town’s industrial park.

Indian investors visited a Russian regional industrial park, Nevinnomysk, along with regional officials, Vasily Shestak, first Deputy Head of the Nevinnomysk administration, and Dmitry Tolmachev, Deputy Minister of Energy, Industry and Communication of the Stavropol region. After examining some of the other functioning enterprises and exploring the options, the Indians decided to set up a paint manufacturing factory there.

Vladimir Vladimirov, Governor of the region, and Kuldip Singh Dhingra, owner of Berger Paints, one of India’s biggest paints and varnish manufacturing companies, had in February 2015 signed in New Delhi an agreement on cooperation, to establish an industrial and domestic paint and varnish manufacturing unit.

Berger officials are finalising a site for the factory at Nevinnomysk, for which four to six hectares of land is required. The company plans to invest at least $5 million in the project and create at least 50 jobs. According to local residents, it makes sense that Nevinnomysk was selected as the location for the new plant, because it has a highly developed transportation and logistics infrastructure for industry.

During their visit to Nevinnomysk, representatives from Berger Paints along with Shestak, Tolmachev and other local authorities and local and regional journalists visited some functional enterprises. These included PK Stroymontaj Yug (aggregate industry), USK (producing construction materials), MK-Nevprom (manufacturing multilayered paper bags), Lissant-Yug (poly-urethane sandwich-panels installment), Nevinnomyssky profil (manufacturing roll-shaped zinked metal profiles using cold shaping method), Terminal (logistical complex) and metallurgical factory Stavstal.

The regional industrial park began functioning in 2010 as a pilot project for the region. In 2012, it received a certificate from the association of the industrial parks of Russia with an “active” status, which was confirmed in 2014.

The value of investment in projects at the park is 16.74 billion rubles ($294.5 million). Investors have already paid 7.5 billion rubles. Of the 1,255 jobs envisaged, 624 jobs have been created, around 80 percent of all jobs created in the town.

Active enterprises have produced almost two billion rubles, and actively contributed to the town’s economy, thus improving conditions in the town and the region. (IANS)


Popular

Wikipedia

Even free VPNs can do as much, as long as you go with a trustworthy provider such as those linked at the start.

By- Tejas Maheta

Free VPNs tend to get a bad rap (and often for good reasons, which we'll discuss in a second). Still, there are some safe and free VPN services recommended by expats - just click the link for some solid options. Next, scroll on to see how you can put them to good use while you're abroad.

Keep Reading Show less
Photo by Sirisvisual on Unsplash

This update provides important security updates and is recommended for all users.

The Cupertino-based tech giant Apple has started rolling out iOS 12.5.5 to older models of the iPhone and iPad. "This update provides important security updates and is recommended for all users," Apple said in the release notes for iOS 12.5.5.

The update is available for the iPad Air, the iPad mini 2, and iPad mini 3, as well as the 6th gen iPod touch, iPhone 5s, iPhone 6, and iPhone 6 Plus. All of these devices were dropped from support with iOS 13. The iOS 12.5.5 update addresses issues related to maliciously crafted PDFs, web content, and apps.

ALSO READ: The September Event Of Apple Inc.

Apple had previously rolled out iOS 12.5.4 in June with security fixes for WebKit vulnerabilities and other issues. Apple has also started seeded the first betas of iOS 15.1 as well as iPadOS 15.1. After removing SharePlay in iOS 15 beta 2, Apple has re-enabled the feature in the iOS 15.1, iPadOS 15.1, and tvOS 15.1 betas. Apple decided to pull SharePlay from the iOS 15 launch because it was not properly functioning and was still riddled with issues.

It adds features to the Health app like support for storing health-related data for Covid-19 immunisations and test results. With the latest iOS 15.1 Beta, one can now add vaccination cards to the Apple Wallet application. (IANS/ MBI)

Keep Reading Show less
Flickr

The National Basketball Association (NBA) and Lakme Fashion Week, announced a collaboration to celebrate "NBA 75"

The National Basketball Association (NBA) and Lakme Fashion Week, announced a collaboration to celebrate "NBA 75" the leagues landmark 75th Anniversary Season in 2021-22. As part of the collaboration, the NBA and Lakme Fashion Week will offer fashion designers from across India the opportunity to submit designs for an "NBA 75" collection. Select designs will be evaluated by a panel comprised of fashion designers, industry experts and local influencers, with the winning designer announced at the upcoming October edition of Lakme Fashion Week.

The winner will then be mentored by a leading fashion expert and will work alongside the NBA on a capsule collection to commemorate NBA 75. The NBA 75 range, which will include jerseys, t-shirts, headwear, sweatpants, hoodies, jackets and other apparel, will be unveiled at Lakme Fashion Week in March 2022.

"We are excited to collaborate with Lakme Fashion Week and offer Indian designers the chance to express their vision in celebration of NBA 75," said NBA Asia Executive Vice President & Managing Director Scott Levy. "The NBA and its players are synonymous with fashion and culture, and this friendly competition will showcase the talent and passion that Indian designers have for basketball and the NBA during our landmark 75th Anniversary Season." The collection will be available for purchase after the event on the NBAStore.in and at select retail destinations. (IANS/ MBI)


Keep reading... Show less