Fresh coating of paint
In an interview, H M Bharuka, with Chemical Today Magazine talks about the opportunities and challenges for the industry and the company amidst the Make in India policy, fluctuating crude oil prices and increased customer aspirations and awareness.
By Shivani Mody
Global trends and advancement in industrial coatings.
There are three broad trends in industrial coatings. First there has been an overall improvement in productivity within the sector. Secondly, the focus has shifted to the production of environmentally friendly products and finally, there is a constant demand to develop high durability products for better performance and longer life.
Global trends and development in decorative coatings.
The global trends in decorative coatings require development of more functional coatings along with greater emphasis on creative design such as wood finish or a designer finish.
Factors driving growth for industrial coatings.
Of the major drivers for growth in the sector are the national policy on “Make in India” and the emphasis on infrastructure development. These are supported and enhanced by the increase in disposable incomes. Additionally, in the coming future as well, customer aspirations will propel demand for industrial products in the automobile sector.
Read more: H M Bharuka, Vice Chairman and Managing Director, Kansai Nerolac Paints
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