Although packaged consumer goods companies have experienced a slowdown in consumption for a few quarters, the trend has not hurt demand in the paints industry, according to Hemant Jalan, Chairman and Managing Director of Indigo Paints.

“The consumers have taken it in their stride, at least as far as paint consumption is concerned,” Jalan said in an episode of Life After Listing, a Moneycontrol series that focuses on the key changes for a company’s management and founders after their company goes public.

Jalan warned that if prices of raw materials continue to climb, it could start impacting demand for paints.

“If inflation continues to be at a high level in the next one year or something, at some point in time, it will start affecting demand. We are hoping it won’t happen,” he said.

Jalan said government and Reserve Bank of India (RBI) intervention should keep inflation in check