This company’s net profit has grown at a CAGR of 15.9%

18 Jan 2023 CW Team

Customer-centricity has always been this company’s strength. Berger Paints is a world-class paint manufacturer with a significant role in the future of the Indian paint market. The company’s protective coating division has dominated and established its leadership in the heavy-duty protective coating segment for decades. Sanjay Chowdhury, Vice President & Business Head, Protecton, Berger Paints India, shares more with CW.

How do you view the current opportunities for the Indian paint industry?
Infrastructure is booming with many government initiatives on the upswing, which is helping the paint industry grow in line with the cement and steel sectors. The market size and share remain the same between decorative architectural coatings and industrial protective coatings. This share is likely to get tilted towards protective coatings.Though the proportions are not going to reverse, there will be a sizable growth in the protective coating segment this decade.

How have innovation and ensuring a customer-centric approach helped you position the company among the fastest growing?
It is important to mention the ever-aggressive R&D team.They have always geared up to our expectations in finding alternatives to certain raw materials – for the past year this was the biggest challenge with frequent and steep increases that that affected the gross margins. We were able to keep pace with customer specifications and ensure project costs did not go out of proportion, which ensured continuing business even in difficult times.

Please introduce us to the company’s most recent innovative offerings for building and architectural needs.
Some select products from our architectural segment include the launch of an innovative exterior paint designed using PU andsilicon technology with elastomeric property; the paint has superior mechanical properties such as high elasticity and has superior water repellence.

To read the full interaction, CLICK HERE.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..