Asian Paints leads industry with steep 12% price hike as West Asia conflict lifts crude-linked costs
India's largest paint-maker raised prices ~12%, the sector's steepest move, to offset raw-material inflation tied to crude. Rivals lagged with smaller hikes: Berger 1-2%, Nerolac 2-3%, and JSW Dulux 10%, signaling divergent margin and pricing strategies across the category.
Asian Paints, India's largest paint-maker, raised prices ~12% — the industry's steepest — to offset crude-linked raw material inflation from West Asia conflict. Rivals Berger, Nerolac and JSW Dulux made smaller hikes.