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.