Asian Paints Bangladesh Limited has entered into a strategic contract manufacturing agreement with Octagon Fibres and Chemicals Limited to boost local production in Bangladesh. This partnership marks a significant milestone in the collaboration between a global multinational and a leading Bangladeshi conglomerate.
The agreement reflects a shared commitment to innovation, operational excellence, and creating greater value for customers across the region. Both companies aim to leverage their strengths to enhance product availability and quality, while contributing to the advancement of Bangladesh’s industrial capabilities.
With a combined industry legacy spanning over 150 years, the partnership is poised to strengthen the local manufacturing landscape by delivering high-quality paint products with faster market turnaround. This alliance underscores growing confidence in Bangladesh as a reliable and competitive destination for international cooperation.