PAINTINDIA ranks as the leading event for the coatings industry in India and one of the premier coatings show in Southeast Asia. The exhibition started in 1993 and the last event attracted 183 exhibitors, 9,700 visitors and more than 600 conference participants.
“Based on our experience, the paint and coatings sector in India is growing almost twice as strongly as the real gross national product. Both national and international suppliers therefore expect sales of their products to grow by 15 to 20 percent a year in the coming years,” said Raghavan explaining the good prospects for PAINTINDIA.
Driven by the traditionally strong decorative coatings segment, the industry is poised for an unprecedented growth, which will also see a balanced growth in the industrial coatings segment, particularly in the automotive and infrastructure segments. A shift in trend towards more environment friendly, water-based paints is expected in the decorative segment.