Increasing Investments Accelerating the Industry

Rise in investment by national and foreign players along with other initiatives is driving the Indian Paints industry, says RNCOS in its latest research report.

The paint industry in India has witnessed development in recent years on account of the fast paced growth in the realty sector despite demonetization process. With the acceleration in the repainting cycles backed by rise in disposable incomes, the industry is witnessing investments by players including acquisitions, enhancing manufacturing capacity etc. Owing to such developments, the Indian paint industry is expected to grow at a CAGR of 12% during forecast period 2016-17 to 2021-22.

According to our report, “India Paint Industry Outlook 2022”, rising disposable income, government initiatives and joint ventures among players has been the factors behind the boom in the paint industry sector.

Further, the country is also witnessing various initiatives by government such as programs and conferences aiming at growth of the paint industry. Recently, a conference was held in Bengaluru, announced by Indian Paint Association (IPA), the apex body of the Indian paint industry. The theme ‘Varnam - Where Paint Meets Technology’, an inspiration from the IT Capital of India, was based on leveraging technology for the paints industry. Also, in order to bridge the talent gap resulting in absence of adequate skilled talent, IPA had been working with National Skill Development Corporation (NSDC). Recently, IPA signed a MoU with NSDC under which it will train three lakh painters over the next three years.

With the gaining momentum in phenomenon of investments via mergers and acquisitions, players operating in the industry are working aggressively on its expansion and innovation to cater to the need in the industry. Additionally, various promotional activities aiming at promotion and skill training development is expected to continue to drive the Indian paint industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM846.htm

Check Related REPORTS on: http://www.rncos.com/Other-Industry.htm


Contact Details

Company Name: RNCOS E-Services Pvt. Ltd.
Issued By: Shushmul Maheshwari
Phone: 1204224700
Address: G-199 Sector 63
City: Noida
State: Uttar Pradesh
Zip: 201301
Country: India
Website: Visit the website

Keywords : Indian paint industry analysis, Indian Paint Industry Outlook, Indian paint industry report, Indian paint industry market,

by Shushmul Maheshwari (16 days ago)

Latest Press Releases

Global Specialty Milk Formula Market - Growth, Future Prospects, Strategies, Analysis and For..

Market Research Report Store:China Cable Distribution Cabinets Market Research Report 2017

Video Transcription, Professional Voice Over Services in India

Sodium Thiocyanate Market - Growth, Share, Outlook, Strategies and Forecast 2015 - 2021: Cred..

Blepharoplasty Treatment Market Trends and Competitive Landscape Outlook to 2027

Global Video Surveillance Equipment and Services Market to Register Substantial Expansion by ..

Global Buckwheat Market Trends, Regulations And Competitive Landscape Outlook to 2027

Native Starches Market Trends and Segments 2017-2027

Global Postmenopausal Vaginal Atrophy Treatment Market by Manufacturers, Countries, Type and ..

Intel 530 Ssd Data Recovery - Recover Deleted Files from Intel 530 Series Solid State Drive

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.