Crude costs and competition for paintmakers
Crude inflation is squeezing paintmakers’ margins as Birla Opus and JSW Dulux intensify the market-share battle. Paintmakers expect festive-season growth, supported by improved weather and early demand, but crude prices cloud the outlook.

Timeline
Monday, 28 September
- Paintmakers expect a brighter Diwali, but crude prices cloud the outlook
Paintmakers expect festive-season growth, helped by improved weather and early demand
- Paint makers face a crude shock as competition stays fierce
Crude inflation is squeezing paint makers’ margins as Birla Opus and JSW Dulux intensify the market-share battle
