Look no further for information on the leading players in the Indian paint industry! The sector has experienced remarkable growth, playing a pivotal role in the country's infrastructure development, interior design trends, and overall aesthetic enhancement. Undoubtedly, the top paint brands in India have significantly contributed to this success, with the domestic paint industry boasting a valuation of Rs. 50,000 crores, with decorative paints capturing a substantial 75% market share.
Given the escalating demand for high-quality paints, it becomes crucial to acknowledge the key players who have influenced and defined the industry's trajectory.
From established industry giants to emerging contenders, these companies have successfully positioned themselves as pivotal figures in the Indian paint market. This blog delves into the dynamics of the Indian paint market, unveiling the top paint companies that have risen to prominence as industry leaders.
Top 10 Paint Brands In India
- Asian Paints
- Berger Paints
- Kansai Nerolac Paints
- Akzo Nobel India
- Indigo Paints
- Nippon Paints
- Shalimar Paints
- Jotun Paints
- Jenson & Nicholson Paints
- Sheenlac Paints
Asian Paints
In the domain of India's paint industry, a prominent figure emerges as the largest paint company in the nation and the third-largest in Asia. Founded in 1942 by four visionary friends - Chimanlal Choksi, Champaklal Choksi, Suryakant Dani, and Arvind Vakil - this company embarked on a journey to secure its position as the world's largest paint company at that time. Presently, its headquarters proudly reside in Mumbai, India.
The industry titan in question is none other than Asian Paints, boasting a staggering turnover of 193.50 billion and solidifying its status as the leading paint company in India. Asian Paints specializes in manufacturing a diverse range of paints, serving both decorative and industrial purposes. Notably, it acts as the holding company for Berger International, expanding its global footprint.
Operating in 19 countries, Asian Paints has made significant advancements in reshaping the paint industry. In its pursuit of excellence, the company has established the Asian Paint Colour Academy, providing comprehensive training programs for paint applicators to ensure their expertise aligns with the company's high standards.
Asian Paints stands out due to its unwavering commitment to innovation and customer-centric solutions. Introducing captivating concepts like Colour Worlds, Home Solutions, ColourNext, and Kid's World, Asian Paints aims to revolutionize homes and spaces nationwide, offering unique and immersive experiences to its customers.
Also Read: Top 20 Wall Decor Ideas For Your Home Decor
Berger Paints
As a leading player in the Indian paint industry, Berger Paints India has left a significant imprint on the sector. Headquartered in Kolkata, the company features an extensive network of 16 strategically positioned manufacturing plants (including subsidiaries) spread across India. Additionally, it operates two plants in Nepal, one in Poland, and another in Russia.
Berger Paints India Limited consistently ranks among the fastest-growing companies each quarter. The company offers a diverse range of products, including Exterior Wall Coatings, Interior Wall Coatings, Berger Metal & Wood Paints, Undercoats, Express Painting, and Construction Chemicals.
Ranked as the second-largest paint company in India, Berger Paints India Limited has a track record of rapid expansion. Boasting over 3450 employees (excluding subsidiaries) and a nationwide distribution network comprising over 25,000 dealers, the company holds the 2nd position among India's top 10 paint companies based on turnover.
Kansai Nerolac Paints
Established in 1920, Kansai Nerolac Paint Ltd commenced its operations. The company's headquarters are situated in Mumbai, Maharashtra. Kansai Nerolac Paint Ltd offers a diverse range of products, including decorative paints, coatings, industrial (re)finishing products, basic and industrial chemicals, among others.
The company is involved in the creation and distribution of paint systems for finishing lines in various sectors such as cycles, material handling, bus bodies, electrical components, containers, and furniture.
Nerolac appointed Shah Rukh Khan as its brand ambassador. In 1986, GNPL (Goodlass Nerolac Paints Limited) entered into a Technical Assistance Agreement (TAA) with Kansai Paints Co. Ltd. of Japan, based in Osaka. The agreement aimed at producing Cathodic Electrodeposition Primer and other advanced coatings for automotive products. GNPL achieved the distinction of being the first company in India to implement this cutting-edge technology.
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Akzo Nobel India
Having been present in India for nearly six decades, AkzoNobel, a well-known paint and coatings company, has solidified its status as one of the leading paint firms in the country. The corporation has strategically established a substantial presence across India, with offices and depots strategically positioned in five different locations.
Through a scheme of arrangement facilitated by section 425 of the UK Companies Act 1985, AkzoNobel NV acquired Imperial Chemical Industries Ltd., the holding company of ICI India Limited. Subsequently, the company underwent a name change to AkzoNobel India Limited.
In 2012, AkzoNobel India Limited brought together three additional AkzoNobel Group firms operating in India, becoming the sole integrated Paints and Coatings company in India with a modest Chemicals portfolio.
Beyond the realm of paints and coatings, AkzoNobel actively engages in various industries, including automotive, aerospace, marine, and industrial coatings. Their state-of-the-art technologies and expertise have positioned them as a reliable partner for businesses seeking superior protection, performance, and aesthetics.
Indigo Paints
Founded in the year 2000, Indigo Paints embarked on a modest journey. Initially, it focused on the production of low-cost cement paints and gradually diversified its product range to encompass various water-based paints, including Exterior Emulsions, Interior Emulsions, Distempers, Primers, and more.
Commencing its operations in March 2000, Indigo Paints has swiftly risen to become one of India's top ten paint companies. The company's headquarters are located in Pune, and it offers a range of products, including interior emulsions, exterior emulsions, enamels, putties, primers, and other paint-related items.
Presently, Indigo Paints is recognized as a formidable competitor in the Indian paint market, earning a reputation as an innovative paint manufacturer that consistently introduces novel products previously unavailable in the country.
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Nippon Paints
Nippon Paint India Pvt Ltd, a prominent paint and product manufacturer in India, holds the distinction of being the world's seventh-largest paint maker and a leading company in the industry. Founded by Jujiro Moteki and Komyosha in 1881, the company expanded its operations to India in 2006, swiftly establishing itself as a key player known for its commitment to delivering superior paint products across diverse segments.
Specializing in high-quality paints and coatings, Nippon Paint caters to the automotive, industrial, and decorative industries. The company offers environmentally friendly products, including marine coatings, automotive coatings, industrial coatings, and fine chemicals.
A notable aspect of Nippon Paint's approach is its dedicated focus on sustainability. The company actively pursues eco-friendly solutions, integrating sustainable practices into its manufacturing processes and product offerings. Nippon Paint takes pride in the development of environmentally responsible paints that not only minimize environmental impact but also deliver exceptional performance.
Shalimar Paints
Drawing upon a legacy of over a century in the paint industry, Shalimar Paints Ltd has solidified its position as one of the premier paint companies in India. Established in 1902 by AC Turner and AC Wright, the company's headquarters are situated in Gurgaon, Haryana. Specializing in the manufacturing and distribution of a diverse range of industrial coatings and decorative paints, Shalimar Paints caters to a broad spectrum of customers across India.
Through its unwavering commitment to innovation and quality, the company has earned a reputation as a trusted name in the industry, providing customers with a blend of top-notch products and exceptional service.
Shalimar Paints Ltd has played a pivotal role in painting many of India's iconic structures, including Rashtrapathi Bhavan, Howrah Bridge, Vidyasagar Setu, Salt Lake Stadium, and more.
In its expansion journey, the company opened its second manufacturing site in Nashik, Maharashtra, in 1992, to cater to the growing Western region. Subsequently, in 2002, Shalimar Paints inaugurated its third manufacturing plant in Sikandrabad, Uttar Pradesh, further extending its influence across India.
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Jotun Paints
Jotun Paints India stands out as a significant participant in the Indian paint industry, renowned for its unwavering commitment to delivering high-quality coatings that enhance and protect various surfaces. With a global presence extending to more than 90 countries, Jotun Paints has built a reputation for its dedication to innovation, sustainability, and ensuring customer satisfaction.
Having established itself in India in 2008, Jotun Paints India has swiftly garnered recognition for its extensive range of decorative and protective coatings. The company boasts a diverse portfolio of products tailored for residential, commercial, industrial, and marine applications. Whether it's vibrant interior paints or durable exterior coatings, Jotun Paints ensures enduring performance and aesthetic appeal.
Jenson & Nicholson Paints
Founded in India in 1922, J&N Paints has a rich history dating back to its establishment in London in 1821 by John Jenson and Wilfred Nicholson. The company's headquarters are located in Gurgaon, Haryana, making it the second oldest paint firm in India. J&N Paints specializes in architectural, industrial, and protective materials and holds the distinction of being India's second oldest paint company. It has the unique distinction of being the first Indian firm to join the exclusive Nova Paint Club, ensuring access to cutting-edge technology and state-of-the-art manufacturing facilities.
In 1955, J&N Paints became the pioneer in India by introducing plastic emulsion paints, and later in 1986, it further demonstrated its innovation by adopting powder coating technology. The company offers a comprehensive range of products, including Exterior, Interior, Metal, Wood, Undercoats, Industrial, and Designer finishes.
Sheenlac Paints
PAINT BRAND | TOTAL SALES |
---|---|
Asian Paints | INR 22,044 Cr |
Berger Paints | INR 6,869 Cr |
Kansai Nerolac Paints | INR 5,793 Cr |
AkzoNobel India | INR 2,842 Cr |
Indigo Paints | INR 723 Cr |
Nippon Paints | INR 500 Cr |
Shalimar Paints | INR 332 Cr |
Dulux Paints | - |
Jenson & Nicholson Paints | INR 350 Cr |
Sheenlac Paints | INR 100 Cr |
WEBSITE | WWW.ASIANPAINTS.COM |
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Founded In | 1942 |
Founders | Champaklal Choksey; Chimanlal Choksi; Suryakant Dani; Arvind Vakil |
Revenue | $3.7 billion (2022) |
Operating Income | $530 million (2022) |
WEBSITE | WWW.BERGERPAINTS.COM |
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Founded In | 1923 |
Founders | Lewis Berger |
Revenue | $1.1 billion (2022) |
Operating Income | $140 million (2022) |
Net Income | $100 million (2022) |
WEBSITE | WWW.NEROLAC.COM |
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Founded In | 1920 |
Founders | Katsujiro Iwai |
Revenue | $660 million (2020) |
Operating Income | $86 million (2020) |
Net Income | $64 million (2020) |
WEBSITE | AKZONOBEL.CO.IN |
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Founded In | 1994 |
Founders | Mr Rajiv Rajgopal |
Revenue | €10.846 billion (2022) |
Operating Income | €708 million (2022) |
Net Income | €378 million (2022) |
WEBSITE | INDIGOPAINTS.COM |
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Founded In | 2000 |
Founders | Hemant Jalan |
Revenue | US$75 million (2019) |
WEBSITE | WWW.NIPPONPAINT.CO.IN |
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Founded In | 1881 |
Founders | Haruta and Jujiro Moteki |
Revenue | Increase ¥1.30 trillion (2022) |
Operating Income | Increase ¥111.9 billion (2022) |
Net Income | Increase ¥79.4 billion (2022) |
WEBSITE | WWW.SHALIMARPAINTS.COM |
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Founded In | 1902 |
Founders | AN Turner and AC Wright |
Revenue | $48 Million (2022) |
WEBSITE | WWW.JOTUN.COM |
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Founded In | 1926 |
Founders | Odd Gleditsch Sen. |
Operating Revenue | NOK 27 858 million (2022) |
Operating Profit | NOK 3 737 million (2022) |
WEBSITE | WWW.JNPL.IN |
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Founded In | 1922 |
Founders | Mr. John Jenson and Mr. Wilfred Nicholson |
Revenue | $9.5 Million |
WEBSITE | SHEENLAC.COM |
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Founded In | 1962 |
Founders | John Peter |
Revenue | $100 Million |
Conclusion
In recent years, the Indian paint market has undergone significant growth, driven by the competition among numerous leading paint companies striving for dominance. Ranging from well-established giants to emerging contenders, these companies consistently set higher standards in terms of quality, innovation, and customer satisfaction. With their varied product portfolios, strong distribution networks, and unwavering commitment to excellence, the foremost paint companies in India have become synonymous with reliability and trust.
These industry leaders, whether catering to residential or commercial needs, provide an extensive range of paint solutions, making them the preferred choice for customers seeking superior quality and exceptional service. As the Indian paint market continues to flourish, these top companies are poised to play a pivotal role in shaping its future trajectory.
Also Read: Orange Two Colour Combination for Bedroom Walls | Aquireacres
Ans 1. Asian Paints, the leading paint company in India, proudly holds the top position in the industry. With a turnover of 193.50 billion, Asian Paints offers an extensive range of paints, including plastic paint, distemper, oil paint, and more.
Ans 2. The top 10 Paint Brands in India are: Asian Paints Berger Paints Kansai Nerloc Paints Akzo Nobel India Indigo Paints Nippon Paints Shalimar Paints Jotun Jenson & Nicholson Paints Sheenlac Paints
Ans 3. The top paint brands in India offer a wide range of paints, including interior and exterior paints, enamels, wood finishes, primers, and specialty coatings. They cater to various sectors, such as residential, commercial, automotive, and industrial applications.
Ans 4. Shalimar Paints Ltd is the oldest paint company in India which was established in 1902.
Ans 5. Top paint companies that have the highest market share in India are: Asian Paints Berger Paints Kansai Nerolac Paints AkzoNobel India Indigo Paints
Ans 6. Choosing the right paint brand depends on factors such as your specific requirements, the surface to be painted, desired finishes, and personal preferences. Consider factors like quality, durability, color range, and customer reviews to make an informed decision.
Ans 7. Paints from these top brands are available through authorized dealers, paint stores, and online platforms.