Printer Friendly

Coatings World Welcomes India Correspondent.

Coatings World prides itself on being a truly global paint and coatings magazine. We have correspondents covering Europe, Latin America, Russia, China and Africa. We are pleased to announce we have added a correspondent who will be covering the India/Asia Pacific region.

Yogender Singh is a New Delhi, India-based freelance writer on the Indian and South Asian industry and economy. He has been writing about the Indian construction and construction material industries of the region for more than ten years. Singh has Engineering and Business Administration (MBA) degrees, and also works as an analyst on these industries with a New Delhi based organization.

Sing's inaugural column, "India Paint Industry--Gaining Steam," (p. 36) provides a broad overview of the India paint market.

According to Singh's research, after steady growth for a number of years, the Indian paint industry witnessed one of the worst years in 2016-17. The lackluster performance of the paint industry in the last fiscal can be largely attributed to demonetization exercises carried out by the Indian government in November 2016.

Some key findings in his article:

* Overall production of paints in India is be 4.25 million tons, registering a five percent growth over the previous year.

* Per capita consumption of paints in India at 3.23 kgs, much lower in comparison to some of the other developed economies around the world. However, current low per capita consumption is viewed by domestic paint producers as immense future growth opportunity for the paint industry.

* Repainting constitutes about 70 percent of the total paint demand in the country. The shortening of the repainting cycle from 6-8 years earlier to 3-4 years is driving the demand for decorative paints.

COPYRIGHT 2017 Rodman Publishing
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2017 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Editors Page
Author:Pianoforte, Kerry
Publication:Coatings World
Geographic Code:9INDI
Date:Nov 1, 2017
Previous Article:PPG Paints Brand Launches Frank Lloyd Wright Color Palette to Honor Wright's 150th Birthday.
Next Article:PPG Reports Third Quarter 2017 Financial Results.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters