Top 10 Paint Companies in India
The infrastructure sector in India is growing at a very fast pace. Many new buildings are being constructed rapidly. All the infrastructures are incomplete without proper paint. The use of paint enhances the aesthetic appeal of the infrastructure while also providing a visual pleasure for the person.
The Indian paint industry values around 50,000 crore rupees. It is also said that India's paint industry is one of the fastest-growing industries in Asia. The paint industry offers a variety of products like distemper, oil paint, acrylic paint, plastic paint, latex paint, emulsions, etc. With the advancement in technology, paints have become more durable and capable of facing environmental changes. There are several paint brands available in India to choose from. Let us look at some of the top paint companies in India.
1. Asian paints
Asian paint stands at 1st position in the list. It is the largest paint manufacturing company in India. With over 2.7 billion dollars of revenue, the company has a presence in almost 19 countries around the globe.
It was established by 4 friends in 1992 with a dream to make Asian Paint the biggest paint company in the world. Its headquarters is situated in Mumbai. The company now manufacturers interior and exterior wall paints, tile guard waterproofing solutions, wood & metal paint, adhesives, and the tools used in paint. They also have launched their official app on the play store and the Apple App store, which has features like a paint budget calculator, color visualizer, etc. Asian paint is also present in home décor, bath and kitchen products, and lighting solutions.
2. Berger paints India ltd.
Berger paints India Ltd. stands at 2nd position in the list. It is a multinational paint company originating from Kolkata, India. The company operates in 5 countries and generates a revenue of around $890 million. Mr. Lewis Berger established Berger paint in the year 1923. Since then, it has been one of India's rapidly growing paint firms. Berger paints provide a one-stop solution to their customers for all painting-related issues. They mainly manufacture premium paints with smooth silk-like textures. However, the company also manufactures interior and exterior wall coatings, metal paints, wood paints, glass paints, waterproofing chemicals, etc.
3. Kansai Nerolac Paints
Kansai Nerolac Paints stands at the 3rd position in the list. We all have heard about Nerolac paints. The esteemed company was founded in the year 1920 in Mumbai. It is a subsidiary of Kansai paints Japan and has been India's biggest industrial paint manufacturer. The parent company of nerolac paints, i.e., Kansai paints, was founded in 1918 in Japan by Mr. Katsujiro Iwai. Nerolac paints has a revenue of around $700 million. They mainly manufacture powder coatings and paints applied to vehicles and electrical products. Apart from this, the company's product range includes interior, and exterior wall paints, wood coating, metal enamel, waterproofing chemicals, high-performance industrial coatings, auto refinish paints, etc. Nerolac paints have 6 manufacturing units in India.
4. Akzo Nobel paints India
Akzo Nobel paints India is at 4th position in the list. Akzo Nobel Paints is the world's biggest company in coating paints. It is present in various countries with different brand names. Formerly the name of Akzo Nobel was Empirical Chemical Industries (ECI) which changed in the year 2010 to Akzo Nobel. It has been in India for over a century. Akzo noble carries out their business activities in India under Dulux paints. Dulux paints have a revenue of around $380million. It also has a large range of domestic and industrial products like interior and exterior wall paints, wood and metal care paints, waterproofing chemicals, marine coating, powder coating, industrial coating, etc.
5. Indigo Paints
Indigo stands at 5th position in the list. Indigo paint was established in 2000 by Mr. Hemant Jalan in Pune. Indigo paints generate around $80 million of revenue and have a well-developed distribution network. Mahendra Singh Dhoni is the brand ambassador of Indigo paints. Indigo paints started business operations from manufacturing lower-end cement paints, but with gradual innovations, it started making water-based paint products. Various other products are also manufactured by Indigo paints, including stone and tile paints, leakproof emulsions, interior & exterior emulsion, enamels, putties, primers, etc.
6. Nippon paints
Nippon paints is positioned at the 6th number on the list. Nippon Paint is a Japanese company that has been in the paint industry for almost 140 years. Nippon Paint was established in the year 1881 by two brothers. Nippon produces all kinds of paints like marine, automobile, and industrial and decorative bands. Nippon advocates the principle of sustainable development. The company has been present in India for more than 10 years and has become a popular paint brand for domestic purposes. It generates revenue of around $66 million. Nippon India primarily deals in interior and exterior wall paints, wood and metal paints, primer, undercoat, and construction solution products.
7. Shalimar paints limited
Shalimar paints limited stands at 7th position in the list. It was established in 1902 by British businessmen A. N. Turner and A.C. Wright. The company's first manufacturing plant was set up in Howrah, West Bengal. Shalimar Paint was the first company to introduce various new paint technologies like Zink coating, radiation-resistant coating, polyurethane coating for railways, etc. Moreover, it was also the first company to paint India's fighter aircraft carrier. Shalimar paint generates revenue of around $49 million. The company has 3 manufacturing units across the country through which Shalimar paint manufactures several products like emulsions, distemper, primer, putty, varnish, etc.
8. Sirca paints limited
Sirca paints limited stands at 8th position in the list. It was established in 2006 in New Delhi with the name 'Sircolour wood coatings Pvt. Ltd.', later on, the name changed to Sirca paints limited. Initially, Sirca imported products from Italy and Korea and sold them in India. But now, they are a renowned name in the wood coating. Sirca emphasizes luxury paints, and the main products manufactured by them include interior and exterior wall paints, wood primers, textured finishes, wall putty, wood coating, metal coating. Sirca paints generate revenue of around $19 million and have over 247 branches.
9. Sheenlac paints
Sheenlac paints stands at 9th position in the list. It was established in the year 1962 by Mr. John Peter. The first manufacturing unit of sheenlac paints was established in 1971 at Ambattur. The company has always stayed ahead in innovation in the paint industry. It was the first company to launch sanding sealer and non-alcoholic wood Polish. Sheenlac paints have 4 manufacturing units in the country. Recently A.R. Rahman became the brand ambassador of sheenlac paints. Moreover, the company generates a revenue of around $58 million and deals in products like interior & exterior wood coatings, interior and exterior wall paints, floor coatings paints, automotive coatings, etc.
10. Snowcem paints limited
Snowcem paints limited stands at 10th position in the list. The company was established in 1959 by Mr. George Lillington in Mumbai. Snowcem Paints manufactures and deals in interior and exterior emulsions, primers, cement paints, wall putty, etc. It is one of the biggest cement paint producers in the country. Snowcem has 4 manufacturing units across the country and generates a revenue of around $6 million. Recently Snowcem paint was acquired by Saurashtra cement limited, a Mehta group company.