Paint Industry: On the Verge of a Technological Revolution

The fortunes of the paints sector are inextricably linked to the country’s strong economy, which has displayed outstanding strength despite a hard global climate. With India’s growth story unfolding gradually, the paints sector is primed for progress. Positive outlook supported by increased urbanization, increasing building industry demand, infrastructure growth, automotive sector recovery, PMAY government initiatives,…

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According to Crisil, demand for cement would increase 7-9% in the upcoming fiscal year.

With a 7-9% increase to roughly 425 million tonne (MT) in fiscal 2024, the country’s cement consumption is expected to expand for a third straight year, but the outlook for operating profits is still unclear.According to a report by Crisil Market Intelligence & Analytics, the operational margins, which were under pressure because of high pricing…

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