Open to price hike if inflation increases, says Asian Paints CEO

Asain Paints CEO Amit Syngle has said that the company will be open to hiking prices should inflation rise further. "We are anticipating inflation of 1.5% in the upcoming quarter," he said. Syngle stated Asian Paints' prices are based on their own margins and not the prices of competitors, adding that their prices are at a premium due to elasticity.