Grasim’s Big Splash into Paints May See Others Lose Colour

India’s paints industry could turn into the proverbial red ocean for several incumbents as Aditya Birla Group flagship Gra- sim makes a big splash with the ‘Birla Opus’ brand, potentially alte- ring market share and profitability dynamics in a sector that has hit- herto expanded with far fewer gy- rations than one of its biggest reve- nue generators—real estate.

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