Essayer OR - Gratuit
Rupee new worry for paint cos
Mint New Delhi
|January 02, 2025
Losing sheen
The paint industry, long an oligopolistic stronghold with high entry barriers, is undergoing a shift. The entry of new players has intensified competition, leaving established players scrambling to defend their turf.
To retain or expand market share, both incumbents and new entrants are ramping up capacities, expanding dealer networks, and are set to boost advertising spends. But this aggressive push is straining profitability, especially with disruptive pricing from entrants like Birla Opus threatening earnings growth. Companies face a tough choice: prioritize market share or protect margins.
And the tumbling rupee presents an additional challenge. The Indian currency recently breached ₹85 to a US dollar to hit an all-time low.
"Indian paint companies import around one-third of their raw material needs, including crude oil derivatives like titanium dioxide and resins, making them vulnerable to higher raw material cost due to a weaker rupee and increasing crude prices," said Poonam Upadhyay, director, Crisil Ratings.
Cette histoire est tirée de l'édition January 02, 2025 de Mint New Delhi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint New Delhi
Mint New Delhi
IDFC First settles ₹645-cr fraud case
IDFC First Bank said it has settled fraud claims at its Chandigarh branch of ₹645 crore and found no further discrepancies.
1 min
March 11, 2026
Mint New Delhi
Cabinet clears final IBC amendments
The Union cabinet on Tuesday approved the final amendments to the Insolvency and Bankruptcy Code (IBC), for which legislation will be moved in the Parliament in the ongoing session, two persons familiar with the development said.
2 mins
March 11, 2026
Mint New Delhi
Has Street already priced in AU's universal banking leap?
AU's universal banking transition should help sustain growth and reduce costs.
1 mins
March 11, 2026
Mint New Delhi
Edible oil buyers seek secure supply
If successful, model can improve warnings, disaster preparedness, agricultural planning
1 min
March 11, 2026
Mint New Delhi
Royal Orchid bets on both asset-light, ownership models
SE-listed Royal Orchid Hotels is pursuing measured expansion as India’s hospitality boom gathers pace, blending asset-light growth with selective ownership bets.
1 mins
March 11, 2026
Mint New Delhi
Trump says war to end 'very soon,' floats ending sanctions
US president insists operation was ahead of schedule, looks to shore up investors concerned about energy prices
2 mins
March 11, 2026
Mint New Delhi
Lego to expand in US amid robust spending
Lego reported record sales and profits for 2025.
1 mins
March 11, 2026
Mint New Delhi
THE GAP BETWEEN MUTUAL FUND RETURNS AND WHAT INVESTORS ACTUALLY EARN
But the data also showed something useful: 14 of the 18 funds beat the benchmark over the full period.
3 mins
March 11, 2026
Mint New Delhi
Why Iranian regime change would transform global energy markets
If the fight leads to regime change in Iran—a prospect that remains far from certain—it could one day reshape global energy markets. Lifting crippling economic sanctions could boost output in a country that already produces roughly 4% of the world’s oil.
5 mins
March 11, 2026
Mint New Delhi
Govt eyes tax on data usage to boost telecom revenues
Centre issued a direction to DoT at a 7 January a review meeting chaired by Prime Minister
3 mins
March 11, 2026
Listen
Translate
Change font size
