{"id":399,"date":"2024-11-03T03:05:13","date_gmt":"2024-11-03T03:05:13","guid":{"rendered":"https:\/\/www.reflectionnewsbd.com\/?p=399"},"modified":"2024-11-03T13:55:03","modified_gmt":"2024-11-03T13:55:03","slug":"leading-with-innovation-and-sustainability-md-ata-i-muneer-discusses-berger-paints-market-leadership-future-growth-and-social-impact-in-bangladesh","status":"publish","type":"post","link":"https:\/\/www.reflectionnewsbd.com\/?p=399","title":{"rendered":"Leading with Innovation and Sustainability Md. Ata-I-Muneer Discusses Berger Paints’ Market Leadership, Future Growth, and Social Impact in Bangladesh"},"content":{"rendered":"

Mr. Ata- I-Muneer\u00a0 is currently carrying out a responsibilities as Divisional\u00a0 Sales Manager of Berger Paints. As a very dedicated, hard working and well experienced personality of paint industries. Mr. Muneer is trying his best to play role effectively in sales of this UK-based Multinational Company Berger Paints. Very recently, on behalf of Reflection News, we took and Exclusive Interview on various issues such as his companies products, it\u2019s market scenario, present status of the country, price spiral of daily commodities and future plan as well. Some excerpts of the interview is given below (Interviewed by MahmudulHaque Khan Dulal, Editor, Reflection News:<\/em><\/p>\n

Reflection News:<\/strong> Would you give us an overview of this sector? Please say something about the present scenario of this sector?<\/em><\/p>\n

Md. Ata-I- Muneer:<\/strong> The paint industry in Bangladesh has experienced significant growth over the past decade, driven by rapid urbanization, rising income levels, infrastructure development, and increasing per capita consumption. The industry has evolved from being dominated by a few large multinational players to a more competitive market with local companies also gaining traction. This sector includes a range of products like decorative paints, wood coatings, industrial coatings, automotive paints, and marine coatings.<\/p>\n

As the market leader, Berger Paints holds a dominant position in the country’s paint industry. With a wide range of products, the company caters to both the decorative and industrial paint segments. It has invested heavily in research and development, providing technologically advanced, environment-friendly, and high-performance coatings. Per capita paint consumption in Bangladesh is on an upward trend due to increasing urbanization, a boom in the construction sector,and higher demand for aesthetically pleasing interiors. Currently, per capita consumption is around 1.1 kg per person, which, while low compared to developed countries, indicates significant room for growth. The growing real estate market and government infrastructure projects, including roads, bridges, and residential complexes, are major drivers for the paint industry. This has increased the demand for industrial coatings and decorative paints alike.<\/p>\n

As awareness of environmental sustainability grows, there is a notable shift towards low-VOC
\n(Volatile Organic Compound) and eco-friendly paints. Berger Paints has introduced products that meet
\nthese demands. The premium segment is also expanding, driven by consumers looking for high-quality
\nfinishes and long-lasting products.
\nThe country&#39;s expanding industrial base, particularly in sectors like shipbuilding, textiles, and
\nautomotive, has created demand for industrial and marine coatings. This presents an opportunity for both
\ninternational and local companies to expand their offerings in specialized coatings. The rapid growth of
\nthe middle class in Bangladesh has resulted in more households investing in home renovations, which in
\nturn fuels demand for decorative paints. As disposable incomes rise, consumers are becoming more brand
\nconscious and are willing to pay for quality products.
\nDespite its growth potential, the industry faces challenges such as fluctuating raw material prices
\n(especially petroleum derivatives), the need for technological advancements, and increasing competition
\nfrom both international and local players. Moreover, the market is still highly price-sensitive, which could
\naffect the growth of premium products.
\nThe paint industry in Bangladesh has strong growth prospects due to rising urbanization, increased
\nconstruction activity, and growing consumer demand. Both multinational giants and local manufacturers
\nare well-positioned to take advantage of this expanding market. With a focus on product innovation,
\nenvironmental sustainability, and quality, the industry is expected to see significant expansion in the
\ncoming years. As per capita consumption continues to grow, the paint industry is likely to play an
\nessential role in Bangladesh&#39;s broader economic development.
\nReflection News:<\/strong> What is your expectation from the present interim government led by Professor Dr.Md.Younus?<\/em>
\nMd. Ata-I-Muneer:<\/strong> An interim government led by Dr. Muhammad Yunus would likely focus on<\/p>\n

fostering economic sustainability through inclusive growth. His approach would prioritize poverty
\nalleviation, social entrepreneurship, and empowering small businesses. Emphasis would be placed on
\nbuilding a business environment that encourages innovation, social enterprises, and investments in rural
\nareas to reduce inequality.
\nIn terms of economic growth, the Yunus-led government would likely focus on creating employment
\nopportunities, especially for marginalized groups, by promoting microcredit and empowering women and<\/p>\n

youth in business. His policies would aim to sustain long-term growth by reducing dependence on foreign
\naid and boosting local industries.
\nExpectations regarding safety and governance would center on creating a stable political
\nenvironment, with reforms aimed at strengthening transparency and reducing corruption. Dr. Yunus&#39;
\ncommitment to human rights and ethical governance may lead to initiatives that address political violence
\nand improve law enforcement.
\nIn terms of social reformation, Dr. Yunus&#39; tenure might emphasize equitable access to education,
\nhealthcare, and financial services, thus fostering social inclusion. His focus would likely be on sustainable
\ndevelopment and innovation, combining economic growth with social welfare initiatives to build a more
\nequitable and progressive society.
\nReflection News:<\/strong> Pls. say something all about the high prices of daily necessities.<\/em>
\nMd. Ata-I- Muneer: Bangladesh is currently facing a sharp rise in the prices of daily necessities,
\nstraining household budgets across the country. While the reasons are multifaceted, two key factors stand
\nout\u2014our dependency on imports and the role of market syndicates.
\nAs an import-reliant country, fluctuations in the global economy directly impact us. The rising dollar
\nrate has made it increasingly expensive to import essential goods such as food, fuel, and other necessities.
\nThis has led to a domino effect, with prices of basic commodities soaring across local markets.
\nAdding to this challenge is the unchecked power of syndicates that manipulate market supply and
\npricing. By hoarding goods and creating artificial scarcity, these groups significantly drive up prices,
\nfurther burdening the average consumer.
\nHowever, the issue of rising costs isn&#39;t solely an external problem. It is also rooted in the treatment of
\nour domestic producers. Farmers and local producers often don&#39;t receive the full benefit of their labor due
\nto inadequate pricing structures. Ensuring that producers, especially farmers, get fair compensation would
\nstrengthen our local supply chain and reduce the need for excessive imports.
\nAt the same time, it is crucial for the government to tighten the enforcement of tax and VAT
\ncollection from all relevant sectors. A streamlined tax system can act as a safety net for the government,
\nproviding the necessary funds to regulate and stabilize the market. Proper monitoring and regulation of
\ntax collection will prevent exploitation in the market and ensure that the economy remains resilient in the
\nface of external shocks.
\nReflection News: What are your recommendations for eradicating corruption from society? Is it
\npossible to bring it down to a tolerable level as it has engulfed the whole society?
\nMd. Ata-I-Muneer:Eradicating corruption in Bangladesh requires a multi-pronged approach. First,
\nstrengthening institutions like the Anti-Corruption Commission (DUDOK) with greater independence,
\naccountability, and resources is essential. Implementing strict transparency and accountability measures<\/p>\n

in public offices, including digital tracking of government transactions, can reduce opportunities for
\nbribery and embezzlement.
\nSecond, legal reforms must be introduced to ensure swift punishment for corrupt individuals, with
\nspecial courts to handle corruption cases quickly. Whistleblower protection laws should be enforced to
\nencourage reporting without fear of retaliation.
\nThird, fostering a culture of integrity through education and awareness campaigns, especially in
\nschools, can instill long-term values. Encouraging civil society, media, and citizens to participate in anti-
\ncorruption efforts is crucial.
\nWhile eliminating corruption may be difficult, it is possible to bring it to a tolerable level by reducing
\nsystemic opportunities, ensuring enforcement of laws, and promoting ethical behavior across all levels of
\nsociety.
\nReflection News:<\/strong> Would you tell us your future business plan and social works as well?<\/em>
\nMd. Ata-I-Muneer: For nearly three decades, we have maintained our position as the market leader in
\nBangladesh. Our vision for the next five years is to double our turnover, driven by our commitment to
\ndelivering exceptional customer service and satisfaction through product diversity, technological
\nadvancements, and innovation.
\nIn response to evolving market demands, we are dedicated to introducing new products and services
\nwhile expanding our distribution network. Beyond decorative paints, we are continuously enhancing our
\nofferings in industrial coatings, marine coatings, vehicle refinishing, wood lacquers, printing inks, textile
\nchemicals, adhesives, and more. We also have joint ventures with world-renowned companies, allowing
\nus to manufacture construction chemicals and coil coatings locally. Our sister company, Jenson and
\nNicholson BD Ltd, specializes in producing a variety of metal containers.
\nIn addition to our business growth, we are deeply committed to social responsibility. We operate the
\nPainter Training Institute (BTI) in collaboration with the National Skills Development Authority (NSDA),
\nwhere we train skilled workers, creating job opportunities both domestically and internationally. Notably, we are the first in the country to employ women painters through this initiative.
\nWe also support numerous autism schools and have been organizing art competitions for youngpainters for many years. Additionally, we hold architectural competitions, encouraging innovation among Bangladesh\u2019s architects. Berger Paints proudly provides scholarships to several universities, including
\nBUET and KUAD, fostering the next generation of talent.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mr. Ata- I-Muneer\u00a0 is currently carrying out a responsibilities as Divisional\u00a0 Sales Manager of Berger Paints. As a very dedicated, hard working and well experienced personality of paint industries. Mr. Muneer is trying his best to play role effectively in sales of this UK-based Multinational Company Berger Paints. Very recently, on behalf of Reflection News, […]<\/p>\n","protected":false},"author":2,"featured_media":400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3,1,7],"tags":[],"class_list":["post-399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-national","category-uncategorized","category-views-exclusive-interviews"],"_links":{"self":[{"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=\/wp\/v2\/posts\/399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=399"}],"version-history":[{"count":7,"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=\/wp\/v2\/posts\/399\/revisions"}],"predecessor-version":[{"id":417,"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=\/wp\/v2\/posts\/399\/revisions\/417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=\/wp\/v2\/media\/400"}],"wp:attachment":[{"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.reflectionnewsbd.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}