With consolidated sales of ₹ 345 billion, Asian Paints is India’s biggest paint and decor business and is listed among the top 10 decorative coatings firms worldwide. The company is ranked eighth globally and second in Asia among the best coatings companies.
Asian Paints Company Details
| Asian Paints Company Profile | Details |
| Company Name | Asian Paints Limited |
| Origin Country | India |
| Established Year | 1942 |
| Managing Director and CEO | Amit Syngle |
| Headquarters | Mumbai, Maharashtra, India |
| Products | Paints, Coatings, Home Decor |
| Number of Employees | Over 7,000 (as of 2022) |
| Official Website | www.asianpaints.com |
History
Since its modest start in 1942, Asian Paints has gone a long way. It was established as a partnership enterprise by four friends who were prepared to take on India’s world’s biggest, most well-known paint businesses. Asian Paints rose to prominence as India’s top paint producer and a corporate force throughout 25 years. The company has led the paints market since 1967, propelled by its inventive spirit and strong attention to consumer needs.
Operations
In the business sector, the Asian Paints group is highly regarded for its professionalism, rapid expansion, and commitment to increasing shareholder equity. With 27 paint manufacturing sites worldwide and operations in 15 countries, Asian Paints serves customers in more than 60 nations. Through its subsidiaries, Taubmans, Asian Paints Berger, SCIB Paints, Apco Coatings, Asian Paints Causeway, and Kadisco Asian Paints, the group operates globally in addition to Asian Paints.
Products
Asian Paints produces various paints for both industrial and decorative applications. Asian Paints provides Interior, Wood, Exterior, and Metal Paints in their decorative paint line. The company’s portfolio also includes adhesives, wall coverings, and waterproofing. Asian Paints is a part of two 50:50 joint ventures in the industrial coatings sector with PPG Inc., USA, one of the biggest automotive coatings manufacturers globally. The company operates in the Kitchen and Bath Fittings segment of the Home Improvement and Décor category, providing a range of items under the Sleek and Ess Ess brands, respectively.
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