Paints, coatings industry to touch Rs 1 lakh-crore in five years: Akzo Nobel India
Leading paint manufacturing company Akzo Nobel India said the paints and coatings industry in the country is estimated be of the size of Rs one lakh-crore in the next five years.
In its latest annual report, the company said the present size of the paints and coatings industry is around Rs 62,000 crore.
The company said the paints and coatings industry encompasses a diverse range of products, with the architectural segment dominating the sector, accounting for 69 per cent on volume basis, and industrial sector the remaining 31 percent.