Top 10 Paint Companies In India 2023
One of the fastest-growing businesses in Asia is the paint industry in India. On the domestic paint market, there are reportedly 50,000 crores of rupees spent. Around 75% of the market is occupied by this group. The industrial paint category, on the other hand, holds a 25% market share.
The companies’ assortment of ornamental Indian paints includes wall paints for the outside and inside, enamels, and wood finishes. The Indian paint brands also sell primers, putties, and several other supplemental products.
A building looks prettier and is better shielded from the elements thanks to wall paint. The quality and appearance of the structure may deteriorate with repeated exposure to these conditions. The simplest and least expensive approach to improving the appearance of a property is to paint it. India is home to various brands that produce wall paint. You may select the ideal paint manufacturer based on your requirements.
1. Akzo Nobel India Ltd Dulux Paints
The company that makes Dulux paints has a headquarters in Kolkata, and it concentrates on mass-market paints and emerging markets to compete with Asian Paints Ltd. The corporation is also introducing new specialty paints in addition to extending the mass-market reach of its premium Dulux brand.
Dulux promises to provide quality and affordability at a reasonable price. However, the economy’s decreasing growth might limit its potential. By establishing a new laboratory in Thane, the company increased its production capabilities throughout the entire country. In order to create new colours and products, the company will also invest in research and development.
2. Asian Paints
It was founded in 1942 and is now the biggest paint manufacturer in India and the third-largest in all of Asia. It was established by Chimanlal Choksi, Champaklal Choksi, Suryakant Dani, and Arvind Vakil. Together, the four of them started the company as a partnership with the goal of making it the largest paint manufacturer in the world at the time. Mumbai, India, serves as the company’s corporate headquarters.
With a revenue of $193.50 billion, Asian Paints is the largest paint company in India. Asian Paints produces a variety of paints for both industrial and decorative purposes. Berger International’s controlling company is Aian Paint. The company operates in 19 different countries and started the Asian Paint Colour Academy, which provides a training course for paint applicators.
Asian paint has recently begun attempting to adopt new concepts such as Colour Worlds, Home Solutions, Colour Next, and Kid’s World across the country.
3. Berger Paints India Ltd
Berger Paints Ltd. is a multinational paint company with 16 manufacturing units located all across India, with its headquarters in Kolkata, West Bengal. Additionally, it has two manufacturing units in Russia, Poland, and Nepal. Enamel paint is the main product of Berger Paints India Ltd.
The company manufactures a variety of paints, including emulsions and special colours. The company sells its products all around the world, notably in Germany, China, Japan, and the US.
The leading producer of decorative and industrial paint goods is Berger Paints India. In India, it operates seven manufacturing units and more than fifty sales depots. In India and overseas, it has more than 15,000 dealers and over 4,000 employees.
4. Nerolac Paints
Kansai Nerolac Paint Limited (KNPL) is based in Mumbai. KNPL manufactures a wide collection of colours for both indoors and out. House paints, decorative paints, and masonry paints are among the company’s products.
The company was once known as Goodlass Nerolac Paints Ltd. when it was founded in 1969. A portion of the company’s international interests were purchased by Forbes Gokak in 1976. The company and a Japanese company, Nihon Tokushu Tokyo Co. Ltd., signed a technical collaboration agreement in 1986. The organisation changed its name to Kansai Nerolac Paints Ltd. in 1999 and expanded into new areas.
5. Indigo Paints
Indigo Paints was founded in 2000 and has since become one of India’s paint companies with the greatest rate of growth, ranking sixth in the decorative paint industry for revenue generation. Mahendra Singh Dhoni is a brand ambassador for Indigo Paints, which has decentralised its operations and built up an enormous distribution network throughout India.
Emulsions, wood coatings, primers, and floor emulsions are just a few of the ornamental paints and finishes that the business produces. With a youthful, energetic staff, a lean organisational structure, and a low attrition rate, Indigo Paints Ltd. excels in the workplace. Teams have a high level of autonomy, ownership, and accountability as a result.
The company promotes a supportive workplace, and profit-sharing is an idea. Indigo Paints has expanded significantly over the past five years despite multiple challenges, proving its dependability and durability. Investors are riding the surge and attempting to exit before the shares are accurate since its shares are now priced at more than 100 times earnings projections.
6. Shalimar Paints
Shalimar Paints Ltd. focuses on producing industrial coatings and decorative paints. It produces durable products that are utilised extensively across several sectors. Since its founding in 1978, Shalimar Paints has grown to become one of India’s largest companies by revenue.
The business struggled to get back to its previous glory in the early 1970s, but Indian promoters finally purchased it before it reached its conclusion. The O.P. Jindal Group, which has holdings in steel, real estate, and hospitality, bought the business, which had previously been headquartered in Kolkata. Asian Paints had already replaced it; therefore, the company was also suffering from market rivalry.
7. Nippon Paints
Nippon Paint India Pvt. Ltd. is a subsidiary of Nippon Paint, a Japanese multinational with more than 136 years of experience in the paint industry. The company also makes paint for houses, ships, and industrial items in addition to adhesives and chemicals for surface treatment.
Manufacturing activities for the corporation are dispersed across Asia, North America, and Europe. Its products are safe to use in both domestic and commercial settings and are ecologically friendly.
One of the most extensively used car paints in India is black Japan paint, which is also a popular colour for high-end interior design and for both the inside and outside of cars. Because Japanese black paint is offered in a variety of colours, the company’s goods are both extremely adaptable and durable. Any car, even historic cars and expensive sports cars, may have these coatings applied.
8. Jenson & Nicholson Paints
In India, J&N Paints was established in 1922. John Jenson and Wilfred Nicholson started it in 1821 in London. It is the oldest paint company in India and has its headquarters in Gurgaon, Haryana. The company specialised in industrial, protective, and architectural materials. JNIL is the first company from India to join the exclusive Nova Paint Club, giving it access to modern production equipment and technology.
Plastic emulsion paints were initially introduced by the company in India in 1955, and powder coating technology followed in 1986. The company offers treatments for exteriors, interiors, metal, wood, undercoats, industrial, and designer projects.
9. Sheenlac Paints
An Indian company called Sheenlac Paints Ltd. produces a variety of industrial, wood, automotive, and decorative paints. Since its founding in 1962, the company has expanded to become India’s largest paint manufacturer.
Thinners in pet bottles were introduced by Sheenlac in 1983, a first for the Indian market. Mr. Sudhir Peter was hired by Sheenlac as the company’s sales director in 1994, and he has since earned a number of qualifications. Since then, he has taken part in its marketing initiatives and is working to increase its market share for decorative paints. One of the most popular paint brands in India is Sheenlac.
The company’s wide range of products includes polyurethane finishes, melamine wood treatments, and paints for wood. Sheenlac manufactures wood polishes, stains, and thinners in addition to paints. The business, a pioneer in producing wood treatments, works with over a thousand merchants in India.
10. Agsar Paints
In 1974, Agsar Paints was established in Tuticorin, Tamil Nadu. The vibrant and environmentally friendly product quickly gained popularity, especially in the South Indian market. It has been producing paint and goods connected to paint for three decades. The brand’s three divisions—decorative, industrial, and ancillary—offer specialist goods and services in each of their respective segments.
The company manufactures a wide variety of goods for various surfaces. It’s simple to customise colours with this brand. Both internal and external walls can be covered with the emulsion. The paints resist heat, rain, dust, and other environmental hazards.
written by varsha
