The Indian paint and coating industry is growing steadily and the Indian paint producers have started to invest in advanced technology in last few years India’s young population represents a huge opportunity as more young Indians join the workforce and will have disposable income available. The usage of high quality raw materials on the rise in Indian paints and coatings industry, growing awareness among the end users and demand of high quality products too has been the major demand driver of the high valued added speciality products in the country. The trend toward nuclear family too augurs well for the paint industry. While the decorative paints segment is expected to witness higher growth going forward as the fiscal incentives given by the government to the housing sector have immensely benefited the housing sector; the Industrial paints too, is expected to increase going forward on account of increasing investments in infrastructure. Rising crude oil prices in the last few months have been a major cause of concern for Indian paint and coating producers as more than half of the raw materials used in the paint industry are petro-based.
Coatings too, will propel growth for Indian paint majors in the short and medium term as Coatings can help change properties of a material. Whether it is the colour, texture, durability, or acoustic performance, one can use coatings to change or even enhance material and project. Usage of environmentally friendly paints and coating products has been gaining market share in Indian market in recent years. However, a significant part of this demand is driven by environmental regulations. Let’s read in this special feature what few of the experts from the industry are saying.
Adapting to local conditions and meeting the local needs are the best and sure ways to survive and succeed and our paint
Increasing raw material cost is one of the major concerns faced by the paint makers in the country today. Though most of
Current size of Indian paint industry is around Rs 56,000 crore of which decorative paints account for around 75% of the overall
Budhaditya Mukherjee has been made Country Manager, Asian Paints Lanka Pvt Ltd, part of India’s largest paint company, Asian Paints Ltd. Budhaditya,
Berger Paints India will invest Rs 280 crore over the next two-three years for expanding capacities in its plants located at Uttar
Paint makers were hoping for GST rate cut but never expected the government to act so soon, which has surprised many in
Asian Paints will spend Rs 1200 crore capex on its various units. The company will spend Rs 800 crore capex on Mysore
There was a positive surprise for home improvement sector in last week’s GST Council meeting when it revised downwards GST for Paints,
According to some leading dealers, decorative paints segment has seen decent growth of 10-15% during the first quarter of the current fiscal.
Rs 56,000 crore (Rs 560 billion) Indian paint industry has been witnessing steady growth despite the fact that some of its user
SIRCA Paints India will be coming out with an initial public offering through which it is estimated to raise Rs 78 crore.
IPL is not just about cricket, it is also about running business, at least paint makers have realised it so of late.
In order to meet anticipated higher demand in Northern belt, Berger Paints, is setting up a plant near Lucknow, Uttar Pradesh at
The architect Asif Khan’s latest project, a 13,000 square feet and 33 feet tall structure, is really more of a warehouse and
Kansai Nerolac Paints Ltd, India’s one of the leading paint manufacturers, has adopted SAP Leonardo, a platform, to streamline operations by leveraging
Kamdhenu Limited, a paint and coating manufacturing company, has joined hands with Graphenstone, Spain’s leading global paint manufacturer, to introduce first-of-its-kind safe,
The students and teachers of Jamia Millia Islamia University will paint one of the walls at the Jamia Millia Islamia Metro Station
Marcel Wanders, product and interior designer The Shiqule Nuhai is hand painted by Marcel Wanders. Oversized vessels carry the weight of 17th century Chinese
I design a wide range of interiors from luxury residences to office spaces and clubhouses in and around Mumbai. At GA design, we