Shalimar Paints appoints Shankar Subramanian as VP
As VP for Shalimar Paints' decorative business, he will be responsible for growing the company's decorative business
BS B2B Bureau B2B Connect | Gurgaon
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Shalimar Paints' Shankar Subramanian
The Indian paint industry is valued at approximately Rs 30,000 crores with decorative paints constituting two-thirds of the market and the remaining, industrial. Buoyed by growing urbanisation and changing lifestyles, the decorative paints segment is registering faster growth. Shalimar Paints is undergoing a strategic transition to become a consumer-centric company through increased focus on the decorative paints business.
Sameer Nagpal, Managing Director and CEO, Shalimar Paints, said, “Shalimar has embarked on a journey of transformation to emerge as a strong player in the Indian paint industry. Growing our decorative business profitably is central to this strategy. Shankar joins us at this crucial juncture with the objective of driving growth, improving product mix, creating a distinctive value proposition for customers and strengthening channel relationship. With his extensive experience in multiple industries, Shankar will play a key role in Shalimar’s transformation journey.”
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A graduate in Physics from Pune University, Subramanian is passionate about technology. He holds a post graduate diploma in marketing from Institute for Social Sciences and Research, Vellore, and has completed a one-year executive program on strategic management from IIM Calcutta.
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First Published: Jul 15 2014 | 2:54 PM IST

