Grasim approves Rs 5,000-crore capex for paints business

Asian Paints, Berger Paints and Kansai Nerolac are currently the top three players in the paints segment. Relative newcomer JSW Paints has announced plans to expand its footprint to the northern and eastern regions to become a pan-India player and has plans to make a public market debut by 2025. Competition from Grasim, according to analysts, is expected to disrupt the market share of the top three players.

from Markets-Economic Times https://ift.tt/2Y414e2