Asian paints has reportedly increased industrial paints' prices by 4%. The move came in to offset inflationary pressure on industrial products.
Recently, the company hiked industrial paints’ prices by 10%. Prior to that, the company had increased prices in its decorative paint segment by 1.2%.
Asian Paints is India’s largest paint company and Asia’s third largest paint company. The company along with its subsidiaries has operations in 20 countries across the world and 28 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints-Egypt, Asian Paints, Apco Coatings and Taubmans.
