India’s paints industry set to touch $16.5 billion by 2030

IANS | December 16, 2025 11:56 AM

New Delhi, Dec 16 (IANS) India’s paints and coatings industry is projected to grow at a compound annual growth rate (CAGR) of 9.4 per cent till 2030, reaching nearly $16.5 billion in the next five years, up from $9.6 billion in 2024, a report said on Tuesday.