Depending on inflation, Asian Paints expects 38- 40% gross margins going forward: Amit Syngle
“In the T3, T4 markets – which are the smaller markets – we have been seeing downgrades happening from the premium and the luxury products to more economic products and to that extent, a small amount of deferment from a category like painting is possible. However, the T1, T2 market including the metro markets have done extremely well and the support of premium and the luxury products from there has been quite good.”
