Asian Paints sees scope to reinvent amid continuing global uncertainties

Chairman Deepak Satwalekar tells investors at AGM that the firm's network penetration and brand strength saw its decorative business deliver 31% growth by volume and 36% by value in FY22

Asian Paints expects uncertainties to continue with ever changing and dynamic macro-economic, geopolitical and environmental situations.

The company sees opportunities amid these uncertainties to “reinvent and reinvigorate” its passion to fulfil the aspirations of its customers, Deepak Satwalekar, chairman of Asian Paints told its shareholders in his speech at the company’s annual general meeting.

“I am certain that team Asian Paints would continue to harness these opportunities and will continue to deliver joy to all its stakeholders,” Satwalekar said.

He also said, “Today, the uncertainty in the environment has again increased, fueled by changing macroeconomic dynamics and geopolitical turbulence. However,