At Grasim Industries' 77th AGM, Chairman Kumar Mangalam Birla expressed strong confidence in the company's new paints venture, Birla Opus. Launched in February 2024, the business is targeting Rs 10,000 crore in revenue within three years.
Birla highlighted positive feedback from painters and contractors, reinforcing the company's approach to making painting easier. Grasim has already invested Rs 7,000 crore of its Rs 10,000 crore commitment and aims to become the second-largest player in India's decorative paints market. The company expects all six plants to be operational by FY25.