Tag: IPL sponsor

  • Birla Opus eyes expansion as paint industry newcomer makes its mark

    Birla Opus eyes expansion as paint industry newcomer makes its mark

    MUMBAI: Birla Opus, the fast-growing paint brand from Aditya Birla Group, is focusing on expanding its dealer network and widening its product portfolio for fiscal year 2026, according to CEO Rakshit Hargave.

    The brand, which entered the decorative paints segment in February 2024, has achieved high single-digit growth in FY 2025 despite being operational for only about 10 months. Hargave expects similar momentum to continue in the coming year.

    “There is a long journey ahead of us. We do not expect any major change in our strategy,” Hargave told the Press Trust of India. “We will drive more throughput for dealers and increase the range available at dealers.”

    Birla Opus is rapidly establishing its market presence. The company recently commercialised its fifth manufacturing plant in Mahad, Maharashtra, bringing its total installed capacity to 1,096 million liters per annum. A sixth plant in Kharagpur is scheduled to begin trial production in the next quarter, which will add another 236 million liters of capacity.

    Aditya Birla Group has invested Rs 10,000 crore in the paint business and aims to capture a double-digit market share and generate gross revenue of Rs 10,000 crore within three years of full-scale operations.

    Birla Opus has employed a multi-pronged marketing approach to establish its brand presence in a competitive market dominated by industry veterans. The company’s advertising campaigns—Naye Zamane ka Naya Paint (New Paint for a New Era) and Make Life Beautiful—have reportedly reached over 70 crore Indians, garnering positive responses across markets.

    The paint manufacturer has strategically positioned itself as a major sponsor of the Indian Premier League (IPL), one of India’s most-watched sporting events. The cricket tournament, which airs on the JioStar network of sports channels and JioHotstar streaming platform from 22 March, gives Birla Opus significant visibility among its target audience

    To enhance customer experience, Birla Opus is opening 10 Paint Studios across major Indian cities, including New Delhi, Mumbai, Bangalore, and Hyderabad. The first such studio was recently launched in Gurugram.
    “The purpose of these studios is to provide a one-stop-shop experience for the end consumer,” explained Hargave.

    Currently, Birla Opus offers 145+ products and 1,200+ SKUs across water-based paints, enamel paints, wood finishes, waterproofing solutions, and wallpapers. The brand also provides direct painting services through its PaintCraft initiative.

    As a newcomer in an industry dominated by established players like Asian Paints, Berger, and Kansai Nerolac, Birla Opus is focused on getting “many of the basics right, but at the same time, creating differentiation for the consumer in paints,” Hargave added.

    With the Indian economy expected to reach $10 trillion by 2034 and the paints sector projected to surpass Rs 3,00,000 crore by that time, Birla Opus appears well-positioned to capitalise on the country’s growing infrastructure development and housing initiatives.

  • IPL 2022: Cars24 becomes principal sponsor of Sunrisers Hyderabad

    IPL 2022: Cars24 becomes principal sponsor of Sunrisers Hyderabad

    Mumbai: E-commerce platform for pre-owned vehicles Cars24 has partnered with Sunrisers Hyderabad to become the franchise’s new principal sponsor for IPL 2022. With this association, Cars24 also becomes the first pre-owned car player to enter into partnership with IPL.

    Under the newly-inked strategic partnership, the Sunrisers Hyderabad team jersey will sport the blue and orange Cars24 logo on the front, with the aim to cement the brand’s space in the minds of fans this season of the IPL.

    “As a brand that shares its love for cricket like the rest of the nation, we are immensely excited about this partnership,” said Cars24 chief marketing officer (India) Sudhir Shukla. “Cars24 and Sunrisers Hyderabad have a lot of similarities – for starters, we are both orange army signifying our determination to be the best and the joy we bring to our viewers and customers alike. With 10 teams to compete for the coveted title, we are sure this edition is definitely going to grab the attention of all cricket fans across the world.”

    The Sun Group-owned franchise debuted in 2013 and made its mark as the 2016 IPL Champions. Captained by New Zealand national team captain Kane Williamson, the team also has young stars like Umran Malik and Abdul Samad who are also the retained risers. Bringing their wealth of cricket knowledge to the team are coaches Brian Lara, Muttiah Muralitharan, Dale Steyn, Simon Katich, Hemang Badani and Tom Moody as the head coach.

    Commenting on the partnership, Sunrisers Hyderabad CEO K Shanmugam said, “The combination of Cars24’s international appeal and market leadership on the back of strong technology, and Sunrisers Hyderabad’s talented team and global fan following, demonstrates the shared spirit of innovation and speed in conjunction with a brand ideology that appeals to the youth.”