Berger Paints India Ltd., controlled by the billionaire Dhingra family, is fortifying its business as India’s second-largest paintmaker seeks to fend off a challenge from deep-pocketed tycoons in the $8.2 billion sector.
The Kolkata-based company, with a nearly 20% revenue share among publicly listed peers, has identified two areas for what its Chief Executive Officer Abhijit Roy called an “insurgent act.”