Asian Paints Announces Roughly 12% Price Increase Citing Crude-Linked Input Costs
Asian Paints has implemented an around 12% across-the-board price increase, the company said, pointing to higher raw material costs tied to recent tensions in West Asia. The manufacturer warned that input prices may take time to normalize and characterized the rise as the steepest in India’s paint sector. Peer firms have also lifted prices this yea…