Siliconindia Magazine

Cover Story

Indicus : A Commitment To Quality, Functionality, & Sustainability

The market size for Paints and Coatings in India has been consistently growing for the last decade, except during the COVID-19 years, when it was 1-1.5 times the GDP growth rate. With increasing disposable incomes, urbanization, and a surge in home ownership and rentals, the demand for paint and coating products in India is on the rise. These factors have reduced repainting cycles in urban centers from 7-8 years to 4-5 years, with similar trends expected in semi-urban and rural areas. As the market grows, customer preferences diversify, creating demand for tailored products and services. However, customers often face challenges such as selecting products that offer durability, color vibrancy, and resistance to environmental factors. Additionally, they seek solutions for specific needs...