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Paint firms need new oil script

Mint Kolkata

|

March 17, 2026

The sector relies heavily on crude-led derivatives as input materials, so rising oil prices mean higher operating costs, hurting margins.

- Harshajethmalani harshaj@livemint.com

If intense competition and muted demand were not challenging enough, the Indian paint industry now faces another headwind: cost inflation.

The sector relies heavily on crude-led derivatives as input materials, so rising oil prices mean higher operating costs, hurting margins. Around 30-35% of the sector's production cost is seen linked to crude prices.

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