Berger Paints will market automotive refinish paints manufactured by Japanese Rock Paint Co in India.
The two firms have entered into an agreement to tap Rs the 2,000-crore Indian automotive refinish market and may even set up a joint venture, Berger Paints said in a statement.
"The companies may discuss establishment of a joint venture in India at a later date," the company said.
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The products will be launched next month.
Berger Paints, which is already present in the automotive paints segment, would offer high-quality, easy-to-use coatings suited to the diverse needs of auto re-finish market, the company said.
"The companies are optimistic that the superior automotive re-finish paints will have considerable demand in the Rs 2,000 crore automotive refinish market in India," it said.
Rock Paint is a leading manufacturer of automotive re- finish paints in Japan while Berger Paints is the second largest paint company in India with a gross turnover of more than Rs 5,000 crore.
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