AkzoNobel aims at double-digit growth in India, focus on 'ambitious plans'

Paints company AkzoNobel is eyeing double-digit growth in India, said Oscar Wezenbeek, managing director of the company, adding that the firm has 'ambitious plans' for the country.

“We have ambitious plans for India and that will be focused on strong values that we bring to the market in terms of quality, innovation, in terms of ease of use and access to the market. So we clearly have strong plans for the future but it will be playing to our strength,” said Wezenbeek.

Rajiv Rajgopal, managing director of AkzoNobel India said the paint trend in India has been fairly buoyant and the focus remains on premium paints portfolio with a lot of innovation and renovation for the brand.

With regards to market share, Rajgopal said on an aggregate level the company has a 7-9 percent share and in some specific businesses, it is even as high as 15 percent.