Not sure if ‘Oversupply ’ is a problem though. Indian Paint Industry is the fastest-growing major paint economy the world over, with a consistent double-digit growth over the last 2 decades. Don’t see why this trend would discontinue. So the demand is going to be healthy. In fact, after the supply chain issues and increase in raw material prices, there is more demand and less supply. The other points you mentioned are debatable but would like to understand more as to why the sector as a whole is shaky?
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