Month: August 2021

Paint inventories may soon feel the heat with rising raw material costs and increased competition

Paint businesses experienced a strong recovery in the first quarter of fiscal 2021 (FY21). Listed companies like Asian Paints, Kansai Nerolac and Berger posted volume growth in excess of 90 percent, along with similar value growth. Suppressed demand, a strong recovery in demand and a weak base contributed to the strong sales growth. The recovery […]

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