Indian Paintmakers Expect Demand Recovery Amid Intense Competition and Pricing Pressure

Leading Indian paint manufacturers, including Asian Paints, Berger Paints, Kansai Nerolac, and AkzoNobel India, report intense competition and pricing pressure in the market. Despite challenges from a shorter festive season and prolonged monsoon affecting sales in the December quarter, companies anticipate demand and volume growth recovery in the March quarter (Q4). Asian Paints emphasizes structural cost reduction and expects stable demand across retail, B2B, and industrial segments amid cautious optimism about cyclical recovery and infrastructure-driven growth.