February 26, 2021 Abhijit Roy, MD and CEO, Berger Paints× Investing ₹120-150 crore to shore up capacities with greenfield and brownfield expansion The country’s second largest paint-maker, Berger Paints India Ltd, is eyeing “good growth” in the January to March quarter and subsequent ones, on the back of continued demand pick-up in upcountry markets and following demand revival for non-decorative paint categories. Contributions from “adjacencies business” — an 18-month-old vertical the company started investing in following an acquisition (of STP Ltd) and by bringing in a brand ambassador (Akshay Kumar) — have seen growth across key markets, adding to the top line and bottom line.