menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Berger Pai...
source image

Bloomberg Quint

1d

read

161

img
dot

Image Credit: Bloomberg Quint

Berger Paints Eyes Recovery In New Year Despite Fresh Competition, Demand Slowdown

  • Berger Paints aims to maintain its market share and expects a growth turnaround next year, despite new competition and a demand slowdown.
  • Birla Opus has captured approximately 3 to 4% market share in the paint industry, but it has not significantly impacted Berger Paints.
  • Berger Paints has been affected by price reductions, economic slowdown, and competition, but the CEO is confident in a return to normal growth next year.
  • Although profitability and margins may be impacted in the short term, Berger Paints aims to retain its market share and protect against intensifying competition.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app