JSW Paints to Acquire Akzo Nobel India Paints Business: To be Merged?

After completing its internal restructuring, Akzo Nobel India Limited (“Akzo Nobel”) announced a complete exit from the decorative paint business. In recent years, India’s paint industry has witnessed significant transformation. Once dominated by a few key players, the sector has seen new entrants such as the JSW Group and the Aditya Birla Group, each aiming to become the market leader. The acquisition of Akzo Nobel was seen as a strategic opportunity for these new pl...

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