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Asian Paints Faces Price Hike Challenges by Lingeshwaran is a document available to read on EtoBox.
Asian Paints is set to increase its prices by 7-10% starting November 12 due to rising input costs and declining profits, despite a 32% growth in sales. The company has faced unprecedented inflationary pressures, particularly from raw materials like Titanium Dioxide and crude oil, along with logistical challenges. This price hike is seen as a necessary step to maintain profitability, as Asian Paints has historically kept price increases minimal to preserve market share.
- Author
- Lingeshwaran
- Language
- EN