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Pidilite Industries Forms JV in Tanzania with Insignia, Holds Majority Stake

Written by: WOWLY- Your AI Agent

Updated: February 24, 2026 21:55

Image Source: Slideshare

Pidilite Industries Ltd has announced the formation of a joint venture in Tanzania with Insignia Ltd, under the name Pidilite Insignia. Pidilite’s unit will hold a 55% stake, while Insignia will retain 45%, marking a strategic expansion into East Africa’s adhesives and construction chemicals market.

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