ONE TO ONE CONVERSATION WITH MR. NEERAV RAVESHIYA, N R COLOURS ABOUT FUTURE OF THE COATINGS INDUSTRY.
With more than 40 years of experience, NR Colors Ltd. is helping India thrive by bringing its knowledge, customs, technology, and family heritage to the table. “NR Colors Ltd. is setting the best example, dedicating itself to the goal of becoming one of India’s largest color companies.”
“NR Colors Ltd., “The Color Experts, made a striking impression at the Paint Vision Global Business Summit with its forward-thinking strategy in the colorants sector.”
One of the company’s top representatives said with pride, “We specialize in color.” They underlined that customers in the coatings sector now rely on professionals like us. “Professionals trust our expertise to deliver the perfect colors for their projects. Also, eliminating the need for in-house color production.”
“Backed by a solid family foundation, NR Colors Ltd. has skillfully served its clients for over 40 years, driving growth and success.”
It is fortunate for me that my wife, kids, and I all work for the company. All of us are dedicated to the goal of making NR Colors one of the biggest in India with a worldwide presence.
The leader also called him “an old-fashioned guy.” He also mentioned AI as the next generation’s role. “I learned how to use a cell phone from my kids. In terms of AI, they are far ahead.
“They leverage AI across all customer interactions, communications, and formulations.” He boasted, “The next generation is AI-compliant.”
The Potential of the Coating Industry
“The company offered insightful views on the coatings sector’s potential, highlighting new opportunities and trends.”
The industry is valued at Rs. 1 lakh crore and is expected to grow at a CAGR of 12–14%. Importantly, even though the year was a little slow, he stated that “in good times, it easily grows at 15% CAGR.”
Fresh Possibilities
Indeed, “Advertising, media, and marketing campaigns currently offer the greatest opportunities for young people.” Ads for both large and small paint companies are common if you visit rural India or watch TV during prime time. He said, “Ad agencies are finding a strong client base here.”
However, “With its solid foundations, extensive knowledge, and family involvement, NR Colors Ltd. is poised to spearhead the colorant revolution in India and abroad.”