Berger Paints India is planning to diversify into new home decor business beside its core product paints. The company will be seeking shareholders nod to pave the way to venture into new businesses.
The company is considering the business opportunities available in various areas relating to home decor, construction industry and adhesive and will leverage its manufacturing and marketing strength.
Berger Paints India is the second largest paint company in India with a gross turnover of more that Rs 5,000 crore. It is present in all segments of paint including decorative, automotive, industrial, protective and powder coatings.