Asian Paints cautious on price hikes amid rising raw material costs
Asian Paints Ltd is cautious about raising prices aggressively as rising raw material costs squeeze margins. Managing Director Amit Syngle said passing full cost increases to consumers could lead households to delay painting or switch to cheaper products. Painting is a discretionary expense, making demand sensitive to price hikes. The company faces pressure from inflation linked to West Asia conflict and crude volatility.
Mint Companies··Mumbai




