Trend Speciality Pvt. Ltd. to expand its stocks and product ranges to attract larger market share in the next quarter and year.
Trend Speciality Pvt. Ltd., a rising name in the paint and coating industry as a raw material supplier. The company is planning to expand the market share in the upcoming quarter with focus on AI and other stuff.
However, the company shared its understanding on inventory management, and the diversification of product offerings. The demand for Paints & Coatings arising across India, Trend Speciality is actively searching for good networks and new clients.
The businessperson shared one of its reasons to attend summits other than gaining knowledge. “We look for the new clients from the paint industry, The more industries develop, the more material we will be able to supply.”
The use of AI tools and technologies, other challenges are explained by the company. “We are using AI. The most challenging figure is price war and competition.” Furthermore, they added-“There is competition because every company has raw material. The difference comes from the price, someone’s price is ₹1 more, someone’s price is ₹2 more, for us it is a competition to match”.
Consequently, Trend Speciality, just like its name is focusing on new or upcoming market trends. Their plans to increase their market share are -“The more we keep in stock, the more our sales will increase. Now we are bringing more new product ranges in the market so that a complete bucket can be made for the paint industry.”