Sporadic lockdowns can spoil the continuity of business, says Asian Paints
MUMBAI: Asian Paints, the country's largest paints company, said June sales expanded by double-digit helped by faster growth in smaller towns but sporadic lockdowns can spoil the continuity of business.
The company saw sales halting since end of March while April was a complete washout. While there was a lot of this pent-up demand, June sales indicated new demand from homes across the country.