Tag: AkzoNobel

  • Top Paint Companies in India 2025: Leading Paint Brands, New Entrants & Complete List

    Are you curious about the paint industry’s top players in India? Look no further!

    The paint industry in India has witnessed tremendous growth and transformation, contributing significantly to the nation’s infrastructure development, interior design trends, and overall aesthetic appeal. And there’s no doubt that the country’s top paint brands have played a significant role in this success. With the domestic paint industry valued at Rs. 60,000 crores, decorative paints alone constitute 75% of the market.

    As the demand for quality paints continues to soar, it’s essential to recognize the top players who have shaped and defined the industry’s landscape.

    From long-standing giants to emerging challengers, these companies have managed to establish themselves as key players in the Indian paint market. In this blog, we delve into the realm of the Indian paint market, unveiling the top paint companies that have emerged as industry leaders.

    Top Paint Companies In India

    Below table contains the list of all paint companies in India in 2025:

    S.no Paint Brand Revenue (2024) Net Profit (2024) Brands / Key Lines Avg. Price Range
    1 Asian Paints INR 35,494.73 Cr INR 5,424.69 Cr Royale, Apex, SmartCare INR 250–600/litre
    2 Berger Paints INR 10,002.93 Cr INR 1,128.80 Cr Silk Breathe Easy, Easy Clean, Bison INR 200–550/litre
    3 Kansai Nerolac Paints INR 7,486.41 Cr INR 1,561.21 Cr Excel Mica Marble, Beauty Gold, Virus Guard INR 180–500/litre
    4 Akzo Nobel India INR 3,997.40 Cr INR 573.10 Cr Dulux Velvet Touch, SuperClean, Promise INR 220–600/litre
    5 Indigo Paints INR 1,268.29 Cr INR 198.36 Cr Enigma Exterior, Floor Coat, Primer INR 150–450/litre
    6 Nippon Paints INR 84,115 Cr VirusGuard, Momento, SolaReflect INR 180–550/litre
    7 Shalimar Paints INR 543.08 Cr –INR 73.85 Cr Superlac, Shaktiman, Signature INR 120–300/litre
    8 Jotun Paints INR 17,168 Cr Jotashield, Fenomastic, Hardtop XP INR 250–700/litre
    9 Jenson & Nicholson Paints INR 13.78 Cr (2017) JN Classic Interior, Exterior, Primer INR 100–250/litre
    10 Sheenlac Paints INR 432 Cr Brolac Enamel, Xperia Insulator, Spray Paint INR 150–400/litre
    11 British Paints INR 726 Cr Shingar, Glo Advanced, Emulsion INR 120–350/litre
    12 Agsar Paints INR 309 Cr Emulsion, Enamel, Primer INR 100–300/litre
    13 Sirca Paints INR 311.72 Cr INR 142.89 Cr PU Luxury Interior, NC Sealer, Wood Stain INR 300–800/litre
    14 Snowcem Paints INR 0.07 Cr –INR 0.29 Cr Snowcem Plus, Primer, Cement Paint INR 80–200/litre
    15 JSW Paints INR 2,000 Cr INR 67 Cr Halo Aquaglo, Aurus, Wall Putty INR 180–500/litre
    16 EsDee Paints Limited INR 36 Cr Synthetic Enamel, Red Oxide, Wood Finish INR 90–250/litre
    17 JK Maxx Paints ≈ INR 0.1-10 Cr (FY 2023, filings)
    Target: INR 250–300 Cr sales in FY 25
    No confirmed FY 24 data Interior/Exterior Emulsions, Distemper, Enamel, Primers, Wall Putty Mid-premium

    Asian Paints

    Website www.asianpaints.com
    Founded In 1942
    Founders Champaklal Choksey; Chimanlal Choksi; Suryakant Dani; Arvind Vakil
    CEO Amit Syngle
    Head Office Mumbai
    Asian Paints - Top Paint Companies in India
    Asian Paints – Top Paint Companies in India

    In the realm of India’s paint industry, one name stands tall as the largest paint company in the country and the third-largest in Asia. Asian Paints, established in 1942 by four visionary friends – Chimanlal Choksi, Champaklal Choksi, Suryakant Dani, and Arvind Vakil – embarked on a journey to become the world’s biggest paint company at that time. Today, it proudly holds its headquarters in Mumbai, India.

    Asian Paints, an industry titan with revenue of INR 34,488 crores, solidifies its position as the number one paint company in India. Asian Paints specializes in manufacturing a wide range of paints, catering to both decorative and industrial purposes. Notably, it serves as the holding company for Berger International, expanding its global reach. Currently, Asian Paints is the best paint company in India.

    Pros of Asian Paints

    • India’s largest and Asia’s 3rd largest paint company
    • Over 80 years of industry experience
    • Wide range of decorative and industrial paints
    • Global presence in 19 countries
    • Owns Berger International
    • Innovative services like ColourNext, Home Solutions
    • Runs training programs for painters (Colour Academy)
    • Strong customer focus and brand trust

    Cons of Asian Paints

    • Higher prices compared to smaller brands
    • Some services are limited to urban areas
    • Faces tough competition in global markets

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    Berger Paints

    Website www.bergerpaints.com
    Founded In 1923
    Founders Lewis Berger
    CEO Abhijit Roy
    Head Office Kolkata
    Berger Paints - Top Paint Companies in India
    Berger Paints – Top Paint Companies in India

    As one of the top paint companies in India, Berger Paints India, recognized among the leading paint brands in India, has made a significant mark in the industry. Headquartered in Kolkata, the company boasts an extensive network of 16 strategically located manufacturing plants (including subsidiaries) across India, as well as two in Nepal, one in Poland, and another in Russia.

    Every quarter, it is one of the fastest-growing companies. Exterior Wall Coatings, Interior Wall Coatings, Berger Metal & Wood Paints, Undercoats, Express Painting, and Construction Chemicals are among the company’s offerings. It is one of the top 5 paint companies in India.

    Berger Paints India Limited is the country’s second-largest paint firm, with a track record of being one of the country’s fastest expanding and providing the best paints in India. With over 3450 employees (excluding subsidiaries) and a nationwide distribution network of over 25,000 dealers. The company is ranked 2nd in India’s top 10 paint companies by turnover.

    Pros of Berger Paints

    • India’s 2nd largest paint company
    • Fast-growing quarter after quarter
    • Wide product range
    • Global presence: Plants in Nepal, Poland, and Russia
    • Large dealer network: Over 25,000 dealers across India
    • Strong workforce: 3,450+ employees
    • Known for Express Painting and innovative solutions
    • Trusted pan-India brand with high visibility

    Cons of Berger Paints

    • Faces stiff competition from Asian Paints and global brands
    • Premium products may be expensive for price-sensitive customers
    • Less global presence compared to bigger multinational companies

    Berger Paints Success Story: The 2nd Largest Indian Paint Co.
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    Kansai Nerolac Paints

    Website www.nerolac.com
    Founded In 1920
    Founders Katsujiro Iwai
    CEO Anuj Jain
    Head Office Mumbai
    Berger Paints - Top Paint Companies in India
    Berger Paints – Top Paint Companies in India

    Kansai Nerolac Paint Ltd began operations in 1920. Mumbai, Maharashtra, is the company’s headquarters. Decorative paints, coatings, industrial (re)finishing products, basic and industrial chemicals, and other items are among the company’s offerings. It creates and distributes paint systems for the cycle, material handling, bus bodies, electrical components, containers, and finishing lines of the furniture sector. It was one of the top 10 paint companies in India 2024.

    Shah Rukh Khan was named Nerolac’s brand ambassador. In 1986, GNPL inked a TAA in Osaka with Kansai Paints Co., Ltd. of Japan for the production of Cathodic Electrodeposition Primer and other advanced coatings for automotive products. GNPL was the first company in India to implement this technology.

    Pros of Kansai Nerolac Paints

    • Established legacy: Operating since 1920 with a strong industry presence
    • Diverse product portfolio: Decorative, industrial, automotive, and furniture coatings
    • Technological edge: First in India to use Cathodic Electrodeposition Primer
    • Global collaboration: Ties with Kansai Paints Japan ensure innovation and R&D
    • Strong brand ambassador: Shah Rukh Khan boosts brand visibility
    • Focus on the automotive industry: Trusted by many OEMs in India

    Cons of Kansai Nerolac Paints

    • Lower brand recall in the decorative segment compared to Asian Paints or Berger
    • Heavily reliant on the industrial and automotive sectors, which may be cyclical
    • Limited rural reach compared to larger paint brands with deeper networks

    Akzo Nobel India

    Website Akzonobel.co.in
    Founded In 1994
    Founders Mr Rajiv Rajgopal
    Managing Director Rajiv Rajgopal
    Head Office Gurugram (Haryana)
    AkzoNobel - Top Paint Companies in India
    AkzoNobel – Top Paint Companies in India

    AkzoNobel, a renowned paint and coatings firm, has been operating in India for almost 60 years. As one of the top paint companies in the country, the corporation has established a significant presence across India, with offices and depots strategically located in five different locations.

    Through a scheme of arrangement under section 425 of the UK Companies Act 1985, AkzoNobel NV acquired Imperial Chemical Industries Ltd., the holding company of ICI India Limited, now recognized for producing the best paints in India. The company’s name was transformed to AkzoNobel India Limited, solidifying its position as a leading provider of high-quality coatings in the country.

    In 2012, three additional AkzoNobel Group firms operating in India were united under the AkzoNobel India Limited umbrella, making it India’s sole integrated Paints and Coatings company with a modest Chemicals portfolio.

    Beyond paints and coatings, AkzoNobel is actively involved in numerous industries, such as automotive, aerospace, marine, and industrial coatings. Their cutting-edge technologies and expertise have positioned them as a trusted partner for businesses seeking superior protection, performance, and aesthetics.

    Pros of AkzoNobel India Limited

    • Long-standing presence in India with nearly 60 years of experience
    • Strong brand legacy from Imperial Chemical Industries (ICI India)
    • Integrated portfolio combining paints, coatings, and chemicals
    • Diverse industry focus: automotive, aerospace, marine, and industrial coatings
    • Advanced technology and innovation in coatings and protection solutions
    • Strategic offices and depots across India for better market reach

    Cons of AkzoNobel India Limited

    • Smaller market share compared to top players like Asian Paints and Berger
    • Limited focus on decorative paints, which dominate the Indian retail market
    • Relatively modest scale of operations in India compared to global footprint
    • Higher pricing in some product segments due to premium technology

    Indigo Paints

    Website Indigopaints.com
    Founded In 2000
    Founders Hemant Jalan
    CEO Hemant Jalan
    Head Office Pune
    Indigo Paints - Top Paint Companies in India
    Indigo Paints – Top Paint Companies in India

    Indigo Paints had a humble beginning when it was founded in 2000. It began by producing low-cost cement paints and gradually expanded its product line to include most types of water-based paints, such as Exterior Emulsions, Interior Emulsions, Distempers, Primers, and so on.

    Indigo Paints first opened its doors in March 2000. It is one of India’s top ten paint companies. Pune is the company’s headquarters. Interior emulsions, exterior emulsions, enamels, putties, primers, and other products are available from the major paint firms.

    Today, the company is regarded as one of the most formidable competitors in the Indian paint market, with a reputation for being an inventive paint maker that continues to introduce novel products not previously available in the country.

    Pros of Indigo Paints

    • Started with low-cost cement paints, affordable for many customers
    • Wide range of water-based paints, including interior & exterior emulsions, distempers, primers
    • Headquartered in Pune, growing rapidly across India
    • Known as an innovative paint company, introducing unique products
    • Ranked among India’s top 10 paint companies
    • Strong focus on quality and affordability for diverse customer needs

    Cons of Indigo Paints

    • Smaller scale compared to giants like Asian Paints and Berger
    • Limited international presence, mainly focused on the Indian market
    • Still building brand awareness in rural and remote areas
    • Faces tough competition from established market leaders
    Market Share of Paint Companies in India
    Market Share of Paint Companies in India

    Nippon Paints

    Website www.nipponpaint.co.in
    Founded In 1881
    Founders Haruta and Jujiro Moteki
    President Mahesh Anand
    Head office Gurugram
    Nippon Paint - Top Paint Companies in India
    Nippon Paint – Top Paint Companies in India

    Nippon Paint India Pvt Ltd is a paint and product manufacturer based in India. It is the world’s seventh-largest paint maker and a top paint company. Jujiro Moteki and Komyosha formed the company in 1881. Established in India in 2006, Nippon Paint has rapidly grown to become a leading player known for its commitment to delivering superior paint products across a diverse range of segments.

    The firm makes high-quality paints and coatings for the automotive, industrial, and ornamental industries. Marine coatings, automotive coatings, industrial coatings, and fine chemicals are among the company’s environmentally friendly products.

    One notable aspect of Nippon Paint’s approach is its focus on sustainability. The company actively seeks eco-friendly solutions, incorporating sustainable practices in its manufacturing processes and product offerings. Nippon Paint takes pride in developing environmentally responsible paints that minimize environmental impact while delivering exceptional performance.

    Pros of Nippon Paint India

    • 7th largest paint maker in the world with strong global experience
    • Established in India since 2006, it has quickly grown in market share
    • Offers a wide range of paints for automotive, industrial, marine, and decorative uses
    • Strong focus on eco-friendly and sustainable products
    • Uses advanced technology for high-quality and durable paints
    • Committed to reducing environmental impact through green manufacturing

    Cons of Nippon Paint India

    • Newer player in the Indian market compared to older brands like Asian Paints
    • Still expanding its distribution network across rural and smaller cities
    • Competes with well-established, highly trusted local brands
    • Premium pricing on some eco-friendly products might limit affordability

    Shalimar Paints

    Website www.shalimarpaints.com
    Founded In 1902
    Founders AN Turner and AC Wright
    CEO Sandeep Sarda
    Head Office Gurugram
    Shalimar Paints - Top Paint Companies in India
    Shalimar Paints – Top Paint Companies in India

    With over a century of experience in the paint industry, Shalimar Paints Ltd has established itself as one of the top paint companies in India. Founded in 1902 by AC Turner and AC Wright, the company’s headquarters are located in Gurgaon, Haryana. Shalimar Paints specializes in manufacturing and distributing an exceptional range of industrial coatings and decorative paints, catering to a wide range of customers across India.

    With its commitment to innovation and quality, the company has managed to remain a trusted name in the industry, earning the well-deserved reputation of being the best paint brand in India. This brand consistently offers customers the best of both worlds: top-notch products and exceptional service.

    Shalimar Paints Ltd is responsible for the painting of many of India’s landmark structures, like Rashtrapati Bhavan, Howrah Bridge, Vidyasagar Setu, Salt Lake Stadium, etc.

    In 1992, the company opened its second manufacturing site in Nashik, Maharashtra, to serve the Western region as it expanded its influence across India. In 2002, Shalimar Paints opened its third manufacturing plant in Sikandrabad, Uttar Pradesh.

    Pros of Shalimar Paints Ltd

    • Over 100 years of experience in the paint industry
    • Trusted and well-established brand in India
    • Specializes in industrial coatings and decorative paints
    • Responsible for painting famous Indian landmarks like Rashtrapati Bhavan and Howrah Bridge
    • Multiple manufacturing plants strategically located across India (Gurgaon, Nashik, Sikandrabad)
    • Known for innovation and quality products
    • Strong reputation for customer service

    Cons of Shalimar Paints Ltd

    • Faces tough competition from bigger brands like Asian Paints and Berger Paints
    • Some financial reports show losses or lower profitability in recent years
    • Limited presence outside of industrial and decorative paints compared to diversified competitors
    • Smaller distribution network compared to market leaders
    • Marketing and brand visibility may be lower than those of top-tier competitors

    Jotun Paints

    Website www.jotun.com
    Founded In 1926
    Founders Odd Gleditsch Sen.
    Managing Director Shashi Kumar
    Head Office Mumbai
    Jotun - Top Paint Companies in India
    Jotun – Top Paint Companies in India

    Jotun Paints India is a prominent player in the Indian paint industry, known for its dedication to providing high-quality coatings that enhance the beauty and protection of various surfaces. With a global presence spanning over 90 countries, Jotun Paints has earned a reputation for its commitment to innovation, sustainability, and customer satisfaction.

    Established in India in 2008, Jotun Paints India has rapidly gained recognition for its wide range of decorative and protective coatings. The company offers a diverse portfolio of products catering to residential, commercial, industrial, and marine applications. From vibrant interior paints to durable exterior coatings, Jotun Paints ensures long-lasting performance and aesthetic appeal.

    Pros of Jotun Paints India

    • Strong global presence in over 90 countries
    • Known for high-quality decorative and protective coatings
    • Wide product range for residential, commercial, industrial, and marine uses
    • Focus on innovation and sustainability
    • Established a good reputation quickly since entering India in 2008
    • Products offer long-lasting performance and good aesthetics

    Cons of Jotun Paints India

    • Relatively new player in India compared to older, more established companies
    • Smaller market share in India compared to top paint companies like Asian Paints or Berger
    • Limited local manufacturing footprint compared to Indian legacy brands
    • Less brand awareness among general consumers, and focused more on niche segments
    • Higher price point on some products may limit reach in cost-sensitive markets

    Jenson & Nicholson Paints

    Website www.jnpl.in
    Founded In 1922
    Founders Mr. John Jenson and Mr. Wilfred Nicholson
    President Anant Sinha
    Head Office Chennai
    J&N Paints - Top Paint Companies in India
    J&N Paints – Top Paint Companies in India

    J&N Paints was founded in India in 1922. It was founded in 1821 in London by John Jenson and Wilfred Nicholson. Its headquarters are in Gurgaon, Haryana, and it is India’s second-oldest paint firm. The firm specializes in architectural, industrial, and protective materials. JNIL is the first Indian firm to join the exclusive Nova Paint Club, ensuring that it has access to cutting-edge technology and cutting-edge manufacturing facilities.

    In 1955, the business was the first in India to introduce plastic emulsion paints and, in 1986, powder coating technology. Exterior, Interior, Metal, Wood, Undercoats, Industrial, and Designer finishes are all available from the company.

    Pros of Jenson & Nicholson Paints

    • One of India’s oldest paint companies (founded in 1922 in India)
    • Rich legacy and experience in paint manufacturing
    • Specializes in architectural, industrial, and protective coatings
    • First Indian company to join the Nova Paint Club for advanced technology access
    • Pioneered plastic emulsion paints (1955) and powder coating technology (1986) in India
    • Offers a wide variety of paints: exterior, interior, metal, wood, undercoats, industrial, and designer finishes

    Cons of Jenson & Nicholson Paints

    • Limited market presence and brand awareness compared to the bigger Indian players
    • Smaller scale of operations and production compared to the top competitors
    • Slower growth in recent years compared to newer, aggressive paint brands
    • Limited product innovation compared to some leading companies
    • Less visible marketing and distribution reach

    Sheenlac Paints

    Website Sheenlac.com
    Founded In 1962
    Founders John Peter
    Managing Director Sudhir Peter
    Head Office Chennai
    Sheenlac Paints - Top Paint Companies in India
    Sheenlac Paints – Top Paint Companies in India

    Mr John Peter invented Sheenlac Paints in 1962. Sheenlac Paints is based in the Indian city of Chennai. The company is one of India’s top paint manufacturers. For the first time, the company is credited with producing non-alcoholic wood polish and packaging thinners in recyclable PET (Polyethylene Terephthalate) bottles. Automotive paints, wood treatments, and decorative paints are all popular at Sheenlac Paints.

    As Sheenlac Paints continues to make its mark in the Indian paint industry, its dedication to innovation, quality, and customer satisfaction remains unwavering. With Sheenlac Paints, surfaces come to life with a captivating sheen, offering not just aesthetic appeal but also long-lasting protection.

    Pros of Sheenlac Paints

    • First to produce non-alcoholic wood polish and thinners in recyclable PET bottles
    • Offers a good range of automotive paints, wood treatments, and decorative paints
    • Focuses on innovation, quality, and customer satisfaction
    • Products provide both aesthetic appeal and long-lasting protection

    Cons of Sheenlac Paints

    • Smaller market share compared to the top Indian paint companies
    • Limited presence in international markets
    • Less extensive product portfolio than major competitors
    • The marketing and distribution network is not as wide-reaching
    • Not as widely known as other established brands

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    British Paints

    Website britishpaints.in
    Founded In 1919
    Founders James Wilfred Adamson
    President Ranjit Singh
    Head Office Delhi
    British Paints - Top Paint Companies in India
    British Paints – Top Paint Companies in India

    Founded in London in 1919, British Paints initially focused on marine coatings before expanding into architecture. In 1947, it set sail for India, establishing a strong presence and diversifying its product range. Exiting European operations in 1983, it became an Indian market leader with 12,000+ partners. Today, headquartered in New Delhi, British Paints offers a wide range of coatings, holds a Royal Warrant, and prioritizes sustainability. Despite its name, the company is fully Indian-owned, emphasizing its commitment to quality and community development. British Paints aims to reinforce its position in India, focusing on eco-friendly products and exceptional customer experiences.

    Pros of British Paints

    • Strong experience, especially in marine coatings
    • Large network with over 12,000 partners in India
    • Offers a wide range of coatings for various needs
    • Holds a prestigious Royal Warrant
    • Focuses on sustainability and eco-friendly products
    • Committed to quality and community development
    • Strong focus on delivering exceptional customer experiences

    Cons of British Paints

    • Exited European operations, reducing global footprint
    • The brand name might confuse ownership (British vs Indian)
    • Faces stiff competition from bigger paint companies in India
    • May have limited presence in some niche segments compared to larger rivals

    Agsar Paints

    Website agsar.com
    Founded In 1964
    Founders Alagappan, Ganeshan, Shenbagam, Arumugasamy, and Rajamanickam
    Executive Director Shankar Nrk
    Head Office Thoothukudi, Tamil Nadu
    Agsar Paints - Top Paint Companies in India
    Agsar Paints – Top Paint Companies in India

    Established over 50 years ago in Tuticorin, Tamil Nadu, Agsar Paints has evolved from a small paint and oxide manufacturer in the 1960s to a prominent player in the South Indian paint market. Incorporating Agsar Paints Private Limited in 1974, the company has expanded its reach nationally, offering a diverse range of high-quality paints for residential, commercial, and industrial applications. Their commitment to innovation, durability, and competitive pricing has earned them accolades such as the “Best Paint Brand” from the Indian Paint Association and the “National Quality Award” from the Government of India.

    Agsar Paints stands out in the industry with its comprehensive product range, including emulsions, distempers, enamels, wood finishes, and specialty paints like blackboard and marine paint. Known for excellent customer service, Agsar Paints has garnered recognition not only for its product excellence but also as the “Emerging Brand of the Year”, according to the Federation of Indian Industries. Today, this Tuticorin-based company represents a true Indian success story, transforming from a modest beginning to a household name in the country’s paint market.

    Pros of Agsar Paints

    • Over 50 years of industry experience
    • Strong presence in South India, expanding nationally
    • Offers a wide product range: emulsions, enamels, wood finishes, marine paints, etc.
    • Recognized with multiple awards: Best Paint Brand, National Quality Award, Emerging Brand of the Year
    • Known for affordable pricing and durable products
    • Provides excellent customer service

    Cons of Agsar Paints

    • Still lesser-known in North and West India compared to bigger national brands
    • May lack the premium international collaborations that competitors offer
    • Smaller market share compared to giants like Asian Paints or Berger
    • Brand visibility and retail reach may be limited in some regions

    Sirca Paints

    Website sircapaints.com
    Founded In 2006
    Founders Sanjay Agarwal
    Managing Director Sanjay Agarwal
    Head Office Delhi
    Sirca Paints - Top Paint Companies in India
    Sirca Paints – Top Paint Companies in India

    Sirca Paints India Limited is an Indian company specializing in premium paints and coatings for wood and walls. Initially importing wood coatings from Italy and Korea, the company has become a leader in the northern Indian market, expanding its reach to southern and western regions. With high-quality wood coatings, including Polyurethane and Nitrocellulose options, and premium Italian wall paints and textures in collaboration with Oikos, Sirca Paints is renowned for its commitment to quality, research, and customer satisfaction. If you’re seeking premium paints and coatings, Sirca Paints is a compelling choice to create a beautiful, lasting living space.

    Pros of Sirca Paints India Limited

    • Specializes in premium wood and wall paints
    • Strong presence in northern India, expanding in the south and west
    • Offers high-quality wood coatings like Polyurethane and Nitrocellulose
    • Collaborates with Italian brand Oikos for premium wall paints and textures
    • Known for commitment to quality, research, and customer satisfaction
    • Great choice for lasting, beautiful finishes in homes and interiors

    Cons of Sirca Paints India Limited

    • Primarily focused on the premium segment, which might be costly for some customers
    • Limited presence compared to mass-market paint companies
    • Smaller product range focused mainly on wood and walls, with less variety in industrial paints
    • Possibly less accessible in rural or smaller markets due to premium positioning

    Snowcem Paints

    Website snowcempaints.com
    Founded In 1959
    Founders Nanji Kalidas Mehta
    CEO Murari Kundlas
    Head Office Mumbai
    Snowcem Paints - Top Paint Companies in India
    Snowcem Paints – Top Paint Companies in India

    Snowcem Paints is an Indian paint brand that emerged in the 1960s as a part of the Mehta Group. It is one of the oldest and most reliable paint companies in India. The brand is well-known for its innovative and weather-resistant paints, which are eco-friendly and affordable. Snowcem Paints offers a comprehensive range of products, including decorative paints, industrial paints, protective coatings, and essential primers. The company is committed to quality and sustainability, reflected in its state-of-the-art manufacturing facility, stringent quality control processes, and responsible manufacturing practices. Snowcem Paints is a reliable and customer-centric brand that aims to provide superior-quality paints at competitive prices to cater to diverse painting needs.

    Pros of Snowcem Paints

    • Known for innovative and weather-resistant paints
    • Products are eco-friendly and affordable
    • Offers a wide range, including decorative, industrial paints, protective coatings, and primers
    • Strong focus on quality and sustainability with advanced manufacturing and strict quality control
    • Customer-centric approach aiming to provide superior quality at competitive prices

    Cons of Snowcem Paints

    • Smaller market presence compared to bigger paint companies like Asian Paints and Berger
    • Limited international exposure
    • May have fewer distribution points compared to industry giants, affecting availability
    • Less aggressive marketing compared to the top competitors

    JSW Paints

    Website jswpaints.in
    Founded In 2019
    Founders Sajjan Jindal
    CEO A. S. Sundaresan
    Head Office Mumbai
    JSW Paints - Top Paint Companies in India
    JSW Paints – Top Paint Companies in India

    JSW Paints, part of the US$23 billion JSW Group, is a new player in India’s paint companies. Launched in May 2019, the company has two factories, one in Maharashtra for industrial coatings and another in Karnataka for decorative paints, with a combined capacity of 150,000 KL annually. JSW Paints produces 100 million liters of decorative paints and 50 million liters of industrial paints. The company leads India in coil coatings and continues expanding, adding 2,000 retailers each year and covering over 60% of Tier I, II, and III towns.

    Pros of JSW Paints

    • Backed by the strong financial and industrial reputation of the JSW Group (US$23 billion conglomerate)
    • Leader in coil coatings in India
    • Rapid retail expansion is adding 2,000 retailers every year
    • Covers over 60% of Tier I, II, and III towns, showing strong reach in urban and semi-urban markets

    Cons of JSW Paints

    • Relatively new player compared to well-established paint companies, so brand recognition is still building
    • Still expanding operations, so market share and profitability may take time to stabilize
    • Heavy dependence on expansion efforts, which can be capital-intensive
    • Faces strong competition from established giants like Asian Paints, Berger, and Nerolac

    EsDee Paints Limited

    Website esdeepaints.com
    Founded In 1963
    Founder Ganesh Lal Dawra
    CEO Mahaveer Davra
    Head Office Mumbai
    Esdee Paints - Top Paint Companies in India
    Esdee Paints – Top Paint Companies in India

    Esdee Paints Limited, founded in 1963, produces paints for cars, wood, and industries, including heat-resistant and chemical-resistant coatings. The company started with one factory and now has five advanced production units. To meet growing demand, new facilities were set up in Gujarat and Maharashtra between 1988 and 2010. Esdee Paints has a strong position in refinishing and industrial paints, with increasing revenue from decorative paints. It serves well-known clients like Eicher Motors, Tata Motors, and Voltas. The company expects more growth in its B2B segment as demand from auto manufacturers recovers and new clients are added.

    Pros of Esdee Paints Limited

    • Produces a wide range of paints, including car, wood, industrial, heat-resistant, and chemical-resistant coatings
    • Expanded from one factory to five advanced production units
    • New facilities in Gujarat and Maharashtra to meet growing demand
    • Strong position in refinishing and industrial paints
    • Growing revenue from the decorative paints segment
    • Serves reputed clients like Eicher Motors, Tata Motors, and Voltas
    • Positive outlook with expected growth in the B2B segment, especially from auto manufacturers

    Cons of Esdee Paints Limited

    • Limited brand visibility compared to larger paint companies
    • Mainly focused on industrial and automotive segments; may have a smaller share in consumer decorative paints
    • Growth depends heavily on demand recovery in the auto manufacturing sector
    • Less presence in the retail market compared to major decorative paint brands

    JK Maxx Paints

    Website jkmaxxpaints.com
    Founded In 2023
    Founder Part of JK Cement Group
    CEO Yogi Jaiswal (Business Head – JK Maxx Paints)
    Head Office Gurugram, Haryana
    JK Maxx Paints - Top Paint Companies in India
    JK Maxx Paints – Top Paint Companies in India

    JK Maxx Paints, launched in 2023 by JK Cement Ltd., marks the group’s entry into the decorative paints business. Positioned in the mid-premium segment, the brand offers a wide range of interior and exterior emulsions, enamels, distempers, wall putty, and primers. With a strong distribution push and a target of crossing INR 250–300 Cr in sales by FY25, JK Maxx is competing with established players like Asian Paints, Berger, and Nerolac by leveraging JK Cement’s brand equity and pan-India dealer network. JK Maxx is a new paint company in India.

    Pros

    • Backed by JK Cement’s strong financials & credibility
    • Wide product portfolio for interiors & exteriors
    • Growing dealer/distribution network in tier-2 & tier-3 cities
    • Aggressive pricing in the mid-premium range

    Cons

    • New entrant; low brand recall vs Asian Paints & Berger
    • Limited FY24–25 financial performance data publicly available
    • Still scaling up supply chain and retail presence

    Conclusion

    The Indian paint market has experienced remarkable growth in recent years, fueled by numerous top paint companies vying for dominance. From long-established giants to emerging challengers, these companies have continuously raised the bar regarding quality, innovation, and customer satisfaction. With their diverse product portfolios, robust distribution networks, and unwavering commitment to excellence, the top paint companies in India have become synonymous with reliability and trust.

    Whether it’s for residential or commercial purposes, these industry-leading paint companies offer a wide array of paint solutions that cater to every need, making them the preferred choice for customers seeking superior quality and exceptional service. As the Indian paint market thrives, these top paint companies will undoubtedly play a pivotal role in shaping its future trajectory.

    FAQs

    Which is the best paint company in India?

    Asian Paints, the leading paint company in India, proudly holds the top position in the industry. Asian Paints offers an extensive range of paints, including plastic, distemper, oil, and more.

    Which are the top paint brands in India?

    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

    What types of paints do these top brands offer?

    The top paint brands in India offer a wide range of paints, including interior and exterior paints, enamels, wood finishes, primers, and speciality coatings. They cater to various sectors, such as residential, commercial, automotive, and industrial applications.

    Which is the oldest paint company in India?

    Shalimar Paints Ltd is India’s oldest paint company, established in 1902.

    Which paint company has the highest market share in India?

    The top paint companies that have the highest market share in India are:

    • Asian Paints
    • Berger Paints
    • Kansai Nerolac Paints
    • AkzoNobel India
    • Indigo Paints

    How can I choose the right paint brand for my project?

    Choosing the right paint brand depends on your specific requirements, the surface to be painted, desired finishes, and personal preferences. Consider factors like quality, durability, colour range, and customer reviews to make an informed decision.

    Where can I purchase paints from these top brands?

    Paints from these top brands are available through authorized dealers, paint stores, and online platforms.

    How many paint companies are there in India?

    India has over 3,000 paint companies, but the market is dominated by a few major players. These include Asian Paints, Berger Paints, Kansai Nerolac Paints, Akzo Nobel India, and more.

  • JSW Paints Strikes INR 8,986 Cr Deal to Acquire AkzoNobel India

    In an exchange filing on June 27, JSW Paints Limited stated that it has finalised agreements to buy up to 74.76% of Akzo Nobel India Limited (ANIL) from Akzo Nobel N.V. and its affiliates. The deal was cracket for a maximum consideration under the Share Purchase Agreement of up to INR 8,986 crores, subject to certain closing adjustments.

    The Competition Commission of India must approve the proposed transaction, and ANIL’s public shareholders must complete a mandatory tender offer, or “open offer”.

    The news that JSW Paints would soon sign final or definite agreements to purchase the Indian division of the Dulux paint manufacturer was first reported by a renowned media outlet on June 26.

    JSW Paints Outpaced Others to Crack the Deal

    According to reports from a number of media outlets earlier on May 15, JSW Paints had taken the lead in a fiercely contested deal that also attracted interest from a group including Advent International, Indigo Paints, and Pidilite Industries, a manufacturer of Fevicol.

    Following May 15, the Indian business house and the MNC entered into an exclusive agreement.

    The US $23 billion JSW Group, India’s largest conglomerate with diversified holdings across a range of B2B and B2C industries, including steel, cement, energy infrastructure, automobiles, and paints, includes JSW Paints, the fastest-growing paint firm in India.

    One of the top manufacturers of industrial and decorative paints in India, ANIL is a division of AkzoNobel, a multinational leader in these products with its headquarters located in the Netherlands.

    Deal Expands Product Portfolio of JSW Paints

    JSW Paints is now one of the leading companies in the industry, which is predicted to develop rapidly in the years to come thanks to this game-changing purchase.

    Paints & Coatings is one of the industries in India with the quickest rate of growth, and JSW Paints is one of the fastest-growing paint firms, according to Parth Jindal, Managing Director.

    Some of the most well-known paint and coating brands in the world, including Dulux, International, and Sikkens, are produced by AkzoNobel India. “The firm is thrilled to have them join the JSW family at JSW Paints. JSW Paints hopes to create the paint business of the future in collaboration with the AkzoNobel India family, which includes its partners, customers, and workers,” Jindal added.

    With the help of Dulux’s magic and JSW Paints’ thoughtfulness, we hope to satisfy customers and create enduring value for all of our stakeholders.

    According to AkzoNobel CEO Greg Poux-Guillaume, this deal marks a critical turning point in the company’s strategic implementation.  

    He added further that AkzoNobel India is proud of the talent and brand that have contributed to its success, and it has continuously performed well. With JSW, AkzoNobel is certain that the company is in the capable hands of a long-term partner with extensive local knowledge and aspirations in the industry.

  • JSW Paints to Snap Up AkzoNobel India Stake in $1.1 Billion Deal

    Under the leadership of Sajjan Jindal, JSW Paints is on the verge of purchasing AkzoNobel India, with the Dutch parent company AkzoNobel NV’s 74.76% stake valued at approximately INR 9,000 crore ($1.1 billion).

    According to a media report, this places the Indian unit’s overall valuation between INR 12,000 and 12,200 crore, which represents a 25% discount to its current market price.

    If approved, the acquisition will greatly increase JSW Paints’ market share by making it the second-largest player in the industrial paints category and the fourth-largest player in the decorative paints market in India.

    AkzoNobel’s Performance at Stock Market and JSW’s Future Plans

    The market value of AkzoNobel India is INR 16,380 crore, and on May 23, the company’s shares closed at INR 3,582 on the BSE. Amidst mounting rumours of a share sale, the stock has increased 40% in the last year.

    In accordance with regulatory requirements and the average share price over the previous 60 days, the acquisition will result in an open offer for an extra 26% of AkzoNobel India. About INR 700 crore of the company’s cash is anticipated to be paid out as dividends to shareholders.

    With the help of lenders including Deutsche Bank, MUFG, and Axis Bank, JSW intends to finance the takeover with INR 3,000 crore in promoter equity and an additional INR 3,000 crore in bank financing.

     The deal is anticipated to be concluded within a 30-day exclusivity window by mid-June. The transaction comes after JSW successfully bid against a group of Advent International and Indigo Paints. If finished, it might also move JSW Paints closer to reaching an annual sales target of INR 10,000 crore, paving the way for a possible initial public offering.

     With a 7% market share, AkzoNobel India provides a wide range of goods, including industrial and marine coatings as well as decorative paints.

    AkzoNobel India Going Through a Tough Time

    With a 7% market share, AkzoNobel India is one of the most lucrative companies in the paint industry. It produces 250 million litres a year and specialises in upscale ornamental goods.

    It has, however, encountered sector-wide difficulties, such as weaker growth and declining profitability. According to industry sources quoted by a media outlet, the company surrendered its powder coatings division, which accounted for 12–14% of its income, to its parent company in February.

    This move “took the shine off the deal for several potential suitors”. Due to increased competition, the decorative paints category, which accounts for 75% of industry demand, is seeing a compression on margins.

    According to Care Ratings, operating margins fell from 20% in H1FY25 to 16% in H1FY25 and are predicted to dip to 14% by FY26. Due in part to a special dividend given the year before, AkzoNobel India’s Q3FY25 profit fell by 5%. The company’s automotive and industrial paint businesses also underperformed.