Explain how decorative paint industry is growing day by day in india?

Question

Accepted Answer

The decorative paint industry in India is growing due to increasing urbanization, rising disposable income, and a growing focus on aesthetics.

Rising urbanization in India has led to an increase in demand for decorative paints for residential and commercial buildings.
Growing disposable income has allowed consumers to spend more on home decor, including decorative paints.
The focus on aesthetics and interior design trends has also contributed to the growth of the decorative paint industry in India.
Introduction of innovative products such as eco-friendly paints, textured finishes, and metallic paints have also boosted the industry.
Increased marketing efforts by paint companies to educate consumers about the benefits of decorative paints have further fueled the growth.

Popular interview questions of Research Executive