With the duty rejig from the Budget, the paint industry got a small boost. CNBC-TV18 caught up with Abhijit Roy, director and chief operating officer, Berger Paints for a chat on what the actually benefit is.
Roy says that the duty cut from 10% to 7.5% does not really help the paint companies since the cost of Titanium Dioxide, a main ingredient, has been on the rise over the past few months.
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