The Coming Paint Wars

The Indian paint industry is headed for a fascinating battle. The undisputed market leader, Asian Paints, is finally getting worthy challengers, who will seek to grab a share of the market cap owned by it. We think it won’t be just any battle, it will be a war on the…

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Growth returned to the cement industry in Jul-Sep’20 quarter

Growth in the cement industry came back in Jul-Sep’20 quarter, as can be seen from the results of India’s top 2 cement companies. From the investor deck of India’s largest cement company Ultratech Cements: Cement demand rebound in Q2 FY21, with most regions reporting YoY growth. Volume growth was 8%…

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