"The paints industry growth is 7 per cent. Our growth is 8.2 per cent in the current fiscal so far. This is down from 18 per cent CAGR in sales in the last five years," Berger MD & CEO Abhijit Roy said today.
He said for the full financial year (FY2015-16), the growth for the company could be around 10 per cent.
In order to create greater brand loyalty, the company has undertaken the consumer service, he said.
Despite this, there would be no additional cost burden to consumers, Roy claimed but added the company will not have any direct control on cost of painting.
Roy said the company has 18 training centres to have a pool of about 10,000 painters by March 2016.
The service, which is already available in West Bengal and Kerala since March 2015, has shown an expansion of 18 per cent in monthly sales compared to national average growth of just 8.2 per cent.
Berger will roll out the service across India by November.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
