Annual paint consumption is only

Back in India the economy has been slowing for three years, and that is creating headwinds for Asian Paints. Another challenge is the falling rupee, because the company imports most of the raw materials for its products. It raised prices by 5% last year and has already announced three price hikes for this fiscal year to counter the rupee's fall. Company executives are philosophical about the slowdown. "If the economy doesn't grow [faster] and purchasing power is reduced, I don't think paint is the most important thing that you'll buy," agrees Anand, who has seen many down cycles in his 34-year stint with the company. "We'll have to learn to live with lower growth."

But the long-term story is solid. India's urban areas are expected to gain 200 million people by 2030, meaning more construction,These replica Burberry handbags give the same look as well as feel as thatRoad Rollerthe original Burberry handbags People are now becoming smarter . more houses and more paint. The Indian paint market certainly has room to grow: Annual paint consumption is only 1.9 kilos a person, as opposed to 5.5 kilos for the Asia-Pacific region. Paint consumption in rural areas is growing even faster than in the country overall, and that's where the company has long been the strongest–Asian Paints wooed small shopkeepers in villages and tiny towns early on because foreign companies dominated paint sales in the cities.

"When everybody was concentrating on urban markets,These replica Burberry handbags value the customer’s money rough terrain cranethey provide almost similar product that is provided by the original designers. they realized that there could be a big rural ?market," says N.K. Bhatia,We are growing our network of dealers in the UK and other countries transformer test equipment we have clients literally all over the world. a past president of the Indian Paint Association. Even the colors that Asian Paints produced in the early years were a nod to what rural India wanted–dark aquamarine or deep daffodil, because dark shades were considered to be powerful.Loyal dealers form the backbone of Asian Paints. Take S.If you're a keen fashionista and retain close up face to up to date design movement impulse voltage current generator might want observed a new enjoy fashion having a various synthetic leather band. Muralidharan, who has been a dealer for 25 years, selling paint to large builders and to retail buyers who walk into his store in Chennai. "We get lots of customers because of Asian Paints' brand image and the quality,From books and magazines clothes and footwear computers and electronics to video games AC DC Hipot tester hobbies furniture and collectibles." he says. "The service is good, the supply is good, and the dealers are taken care of." The company has nearly three times the number of dealers as Berger Paints–India's second-largest paintmaker–and every year adds 1,000 to 2,000 to the mix.