Industrial Segment: Asiatic Paints has a comparatively low market portion in this section. It faces stiff competition from Berger and ICI pigments. It needs to organize confederations and tie ups with the foreign participants to beef up its place in this section. A good presence in the automotive section, capturing the clients like Hyundai, Ford, etc will be good.
Service Segment: The pigment industry is chiefly merchandise orientated industry but a immense potency exists in the service section besides. Introduction of color-world, supplying service in picture and interior ornament etc. are stairss taken to get the whole concatenation and going full service supplier. Asiatic Paints need to guarantee value-adding services are possible and can be integrated to supply an umbrella service.
ICI Paints: ICI lays a batch of accent on R & A ; D and invention. The company plans to do farther incursions in the industrial and cosmetic pigment section. It plans to capture the rural market by supplying high quality and aggressive pricing scheme owing to its technological growth.ICI pigments besides plans to increase its channel spouses to supply improved service to its clients. ICI is therefore looking to increase capacities to beef up presence in fast turning architectural sections.
Nerolac Paints: It is a big and good established trade name across the length and the comprehensiveness of the state. It is the market leader in industrial and automotive section commanding 32 % portion of the full segment.Nerolac pigments plans to utilize mediators like sellers, contractors, interior decorators for originating farther demands. Its focal point remains at the industrial pigment market and slowdowns in the cosmetic pigment section. Nerolac therefore plans to supply pigment store direction services to sell solutions instead than merchandise in the close hereafter.
Asiatic Paints is India ‘s largest pigment company and one of the top 10 cosmetic coatng companies in the universe. It operates in 17 states and has 23 pigment fabrication installations in the universe serving consumers in over 65 states. It carries a really good repute and their trade name value is really high. There are a figure of well-known famous persons associated with Asiatic Paints which gives it a really high value of credibleness and acknowledgment.
The scope of merchandises offered by Asiatic Paints caters to all the income groups and therefore the company has merchandises positioned in each of the winning value proposition cell. The different trade names include: Utsav, Tractor Emulsion, Ace Emulsion, Apex Ultima, Royale, Royale Play, Royale Shyne, Apex Duracast.
Asiatic Paints offers advanced merchandises to court the clients. Besides, they are looking to tap the services section of the pigment industry with the debut of coloring material universes which in itself is a revolution as the other participants have non been able to come up with something of this sort of merchandise semen service scheme.