Aditya Birla Group set to disrupt Paint industry with 40% addition to Industry Capacity
Aditya Birla Group Chairman, Mr. Kumar Mangalam Birla, today announced the launch of products and services under its new decorative paints brand, “Birla Opus”, aiming for Rs.10,000 Cr gross revenue within 3 years of full-scale operations. This marks the Aditya Birla Group’s entry into the rapidly expanding Rs. 80,000 Cr Indian decorative paints market, with an unprecedented level of upfront investment of Rs.10,000 Cr.Birla Opus business is being set up by the group flagship company, Grasim Industries Ltd.
Mr. Kumar Mangalam Birla, Chairman, Aditya Birla
Group, said, “India today is teeming with dynamism, audacity, and a penchant for
disruption. This India finds a reflection in our paints venture, Birla Opus.
The Aditya Birla Group’s deep insight into the building materials ecosystem,
honed over the years, offers us a unique vantage point. Birla Opus, therefore,
is poised to transform the paint industry with a 40% addition to current capacity.
No paint company globally has ever launched
in one shot— factories, operations, products, and services, at the scale that
we are about to undertake.
He added, “Birla Opus should be
seen as a scale start-up incubated by the Aditya Birla Group. It uniquely
combines the agility, energy, and frugality of a start-up with the muscle,
reliability, and brand strength of a storied and dynamic conglomerate.”
Birla
Opus products will be available in Punjab, Haryana, and Tamil Nadu from
mid-March 2024 and across all 1 lakh population towns in India by July 2024.
The company aims to expeditiously expand its distribution to over 6,000 towns
by the fiscal year end. This will be
the fastest & widest pan-India launch by any paint brand.
The
Aditya Birla Group Chairman also unveiled the brand logo of ‘Birla Opus’. The name ‘Birla Opus’embodies the trust
that underpins the Aditya Birla brand, with ‘Opus’ signifying beauty
personified. The word ‘Opus’ is derived from the Latin phrase “magnum opus”, which represents a
great work of art.
“Birla Opus is all set to redefine standards on
creativity, scale, transparency, technology, and sustainability. We are
confident that the benefits of the competitive advantage built on the interplay
of futuristic technology and pioneering chemistry will be passed on to the
consumers through lower costs and consistency of superior quality.Birla Opus promises to simplify the consumer
journey making the experience of painting enjoyable and contemporary.’ stated Mr. Himanshu Kapania, Director, Aditya
Birla Group.
Birla
Opus will offer the widest range in the industry, with 145+ products and 1200+
SKUs across water-based paints, enamel paints, wood finishes, waterproofing and
wallpapers. The products offered will be across consumer segments – economy, premium,
luxury, designer finishes and institutional clients. In addition, Birla Opus will
present the largest range of 2,300+ tintable colour choices including 216
iconic Indian colours.
The
brand is also set to delight consumers through its direct painting services,
PaintCraft. This one-stop-shop for a comprehensive range of products and
services, at launch, is an industry-first.
Mr. Rakshit Hargave, CEO, Birla Opus, said, “On the back of strong in-house R&D, and
extensive field validations, Birla Opus is committing to a higher product
warranty than the leading players across most of water-based products. Birla
Opus is also setting a benchmark by offering first-time warranty on enamels and
wood finish products. As a customer-centric organisation, Birla Opus is poised
to introduce a unique and pathbreaking customer assurance program shortly. As
part of the inaugural offer, consumers will get an additional 10% volumeon
water-based products and contractors will get loyalty benefits across most of
our products.”
Birla
Opus has already enrolled over 300,000
painting contractors and is starting the largest-ever sampling program.
To
service the length & breadth of the country, Birla Opus is building the “second largest network” of dealers
within the first year, with an aim to create win-win partnerships with
dealers.Birla Opus is installing for free,new
age compact tinting machines with 40% reduced footprint enabling easier
colour adoption. Birla Opus is committed to meet industry standard of 4-hour
delivery of its 1200 + SKUs to dealers in Depot towns through the largest
network of 150+ depots integrated with the latest warehousing systems.
At
the launch event, Aditya Birla Group Chairman, Mr. Kumar Mangalam Birla “invited the entire spectrum of 100,000+
paint dealers pan India to participate in this industry revolution and
transform consumer experience”.
Birla
Opus has six strategically located, fully automated, integrated, and global
scale manufacturing plants with a total commercial capacity of 1,332 MLPA
(million litres per annum) - a quantum
leap of 40% addition to the current industry capacity. Panipat
(Haryana), Ludhiana (Punjab) and Cheyyar (Tamil Nadu) Birla Opus plants were
dedicated to the nation today. Chamarajanagar (Karnataka), Mahad (Maharashtra)
and Kharagpur (West Bengal) units will commence production over the course of
FY25. All 6 manufacturing plants are fully sustainable with zero liquid
discharge and equipped with4th generation manufacturing technology
to manage supply chain processes at lightning speed, zero defects and
end-to-end traceability.
The
Aditya Birla Group's entry into the paints market signals its confidence in the
sector's future bolstered by the government’s push for infrastructure
development and housing for all. India's economy is expected to reach 10
trillion USD by 2034, with the paints sector set to surpass the Rs 3,00,000
crore mark by that time. Birla Opus is uniquely positioned to capitalize on
this dynamic landscape.
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