The Indian Paint Industry has seen a gradual shift in people’s preferences from traditional whitewash to high quality paints like emulsions and enamel paints, which is providing the basic stability for the industry’s growth. Furthermore, it is creating a highly competitive market in which players are employing various strategies to capitalise on the growing market demand for a larger share.
Source: https://www.bharatbook.com/report/1354034/india-paint-industry-outlook
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