About Asian Paints - Residential & Commercial Painting Services

Overview

75 Years of Innovation in Paint

 

Since its foundation in 1942, Asian Paints has come a long way to become India’s leading and Asia’s third largest paint company, with a turnover of Rs 193.50 billion. We operate in 15 countries and have 26 paint manufacturing facilities in the world, servicing consumers in over 60 countries.

History

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All Great Things Start Small

 

The company has come a long way since its small beginnings in 1942. It was set up as a partnership firm by four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967. Today, it is double the size of any other paint company in India. Asian Paints manufactures a wide range of paints for decorative and industrial use.

Vision

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Clear Goals for a Clear Future

 

“To be the fore runner of inspiring décor and to actively empower customers to create their dream homes”

 

Board of Directors

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Mr. Ashwin Dani

Non-Executive Chairman

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Mr. Manish Choksi

Non-Executive Vice Chairman

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Mr. Abhay Vakil

Non-Executive Director

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Mr. K B S Anand

Managing Director & CEO

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Mr. Malav Dani

Non-Executive Director

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Ms. Amrita Vakil

Non-Executive Director

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Mr. Jigish Choksi

Additional/Non – Executive Director

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Mr. Deepak Satwalekar

Independent Director

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Dr. S Sivaram

Independent Director

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Mr. M K Sharma

Independent Director

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Ms. Vibha Paul Rishi

Independent Director

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Mr. R Seshasayee

Independent Director

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Ms. Pallavi Shroff

Independent Director

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Mr. Suresh Narayanan

Independent Director

Shri Ashwin Chimanlal Choksi (01.06.1943 – 19.09.2018)

With Profound grief and sorrow, we inform that Shri Ashwin Chimanlal Choksi, Chairman, Asian Paints Limited, left for heavenly abode on 19th September, 2018 after a brief illness.

Shri Ashwin Choksi was associated with the Company since 1965. He became the Managing Director of the Company in 1984. As an Executive Chairman for more than a decade, he pioneered to imbibe the best governance standards with entrepreneurship in the Company. He stepped down as  Executive Chairman of the Company in 2009 and continued to hold the position of Non-Executive Chairman since then.

He was a humble and down to earth individual who led the Company without being in the limelight.

Shri Ashwin Choksi was instrumental in strengthening the symbiotic relationship between entrepreneurs and professionals in the Company and promoted a culture which valued equity and fairness, thus enhancing stakeholder value. He was extremely passionate about social causes and undertook many philanthropic activities especially in the areas of education and health.

His sad demise is an irreparable loss to the Company. The Board of Directors, employees and all Asian Paints’ associates express deep condolences and pay tribute to a great visionary. We pray for the departed soul to rest in eternal peace. 

Click here to view the Appointment Letter issued to Independent Directors.

 

Click here to view the Composition of Committees of Board of Directors.

 

Corporate Citizenship

Corporate Social Responsibility

We are inclusive of our communities through a range of social interventions, enhancing skills and building social infrastructure to improve their quality of life.

While our CSR approach focuses on the development of communities around the vicinity of our plants, we have also developed innovative programs that leverage our capabilities as a paint manufacturer and home improvement service provider to enhance livelihoods of underserved communities through vocational training and skills development

CSR Focus Areas and Initiatives

Our CSR Policy focuses on four thrust areas

  • Education
  • Skills Development
  • Healthcare/Hygiene and
  • Water Management

 

Education

Asian Paints recognizes the importance of education as a powerful means to reduce poverty and social inequality and hence this is a key impact area in our growing CSR practice. We are committed to promoting access to quality education particularly for disadvantaged communities that are located around our facilities.

Our interventions include:

  • Adoption and Infrastructure Development of Schools 
    • Upgradation of school building
    • Providing Chairs, Benches  and other classroom aids
    • Setting up libraries and science laboratories
  • Enrolling students and community leaders on the importance of education
  • Provision of Educational Resources to Students in the form of 
    • Training on computer usage
    • Coaching assistance for Competitive Examinations
    • Training girls in Self-Defense Techniques
    • Workshops to enhance Soft Skills
  • Scholarships for Higher Education

Our educational programs are implemented through our project partners and are aimed at supporting every stage of a child’s educational cycle and preparing him to move from childhood to livelihood.

Skills Development - Vocational Training

In keeping with national developmental goals on skills development, Asian Paints is committed to providing vocational training to improve skills in the unorganized sector. We aspire to provide vocational and skill based training to painters, applicators, carpenters and workers, to enhance their employability and improve their livelihoods.

The Asian Paints Colour Academy - Transforming the trade & lives - everyday.

  • Focus on Skilling & vocational
  • Technical knowledge distribution
  • Productivity & Livelihood Enhancement
  • Provide Recognition, respect

The Asian Paints Colour Academy is equipped with modern facilities like fully equipped classroom with modern A/v facilities, clean and fully equipped modern workshops for hands on trainings, inspiration area & contractor resource centre in order to continually upskill existing painters into specialists.                                               

The Academy also provides vocational training to unskilled youth on basic and specialized painting techniques to enable them to earn a decent living. The Colour Academy operates in 3 formats:

  • Fixed Colour Academy at Mumbai, Delhi – West, Delhi – East, Bangalore, Chennai, Kolkata, Ahmedabad, Pune, Hyderabad, Cochin & Gorakhpur
  • Mobile Colour Academy at Kerala & South TN, Punjab & Chandigarh, Rest of Maharashtra, Uttar Pradesh, North East, Bihar & Jharkhand, Gujarat & West MP, East UP & East MP & Chhattisgarh, Rest of Karnataka, Coastal AP & Odisha.
  • Hypermobile (earlier known as ‘Royale Play trainer’)

Asian Paints has partnered with the National Skills Development Corporation (NSDC) to strengthen the delivery of this program to both unskilled and semi-skilled individuals. While Asian Paints provides technical know-how, prepare training content and deliver training modules, NSDC monitors, evaluates and certifies participants who complete the training program. On successful completion, participants are awarded an NSDC certification based on National Occupation Standards set by NSDC’s Construction Sector Skills Council. Painter training is structured professionally and includes a mix of theoretical, practical demonstration and hands-on learning with a regular schedule of assessment to track progress. All courses delivered are aligned to NSDC’s National Occupational Standards certification. All courses are certified by the Govt. of India. The contractors can undergo advanced trainings at a later stage in their city. Asian Paints has till now given NSDC certifications to 9000 painters/contractors.                                                  

Colour Academy is now transforming itself into a pure vocational training setup delivered through a collection of modules – which together enhance specific skills. This will equip individuals with self-employable skills or develop specialist skills to provide additional painting and allied services. Going forward we plan to further expand the scope of this project.

 

Healthcare and Hygiene

With a growing population, sanitation and healthcare have become central to India’s development agenda. By directing resources towards access to healthcare, better sanitation facilities and hygiene, we look to support interventions that include :

  • Primary Healthcare Support
  • Free Medical Camps for Rural Communities
  • Setting up of Rehabilitation Centres
  • Development of Hospital Labs
  • Provision of Mobile Medical Units and Ambulances
  • Implementing Sanitation Projects
  • Awareness programs for communities on Health and Hygiene
  • Ongoing program ‘Safar’ improves Health and Awareness among truck drivers
  • Providing access to Safe Drinking Water

Healthcare support through Localized Medical Camps

Rural communities residing around our plants lack access to basic healthcare facilities. We provide healthcare support through periodic medical check-ups and diagnosis camps that are facilitated by specialists and trained doctors. Patients who require further medical care and treatment are referred to local hospitals.

All expenses related to medical camps or treatment charges at the hospital are borne by Asian Paints and employees actively volunteer and participate in organizing the medical camps by campaigning for the program, coordinating with project partners and helping with logistics.

Providing and Improving Sanitation Facilities

For the underserved communities around our plants, we have partnered with local organizations to help build toilets and improve sanitary conditions. By identifying homes through the Panchayat head, and requests from under privileged families, we support the project and are directly involved in its structuring, location selection, customization, execution and awareness building sessions to educate beneficiaries on proper maintenance. The toilets are designed to promote hygiene as they require minimal maintenance and have leach pits to convert domestic waste into manure.

 

Water Conservation

Livelihoods, food security and local socio-economic development are linked to the availability of adequate amounts of clean water. In the Indian context, the problem of water scarcity is further complicated by population growth, urbanization and industrialization. We believe it is our responsibility to judiciously use and help conserve this precious resource. Our approach includes providing support and infrastructure at each stage of water conservation, water preservation, water re-charge and waste water treatment.

Water is a critical input in our manufacturing process. We are conscious of our dependence on water and have strived to optimize our water consumption by implementing a range of water conservation projects, waste water treatment, reusing process water and water recharging initiatives at all of our manufacturing facilities.

Our key interventions include:

  • Awareness on water conservation in schools and nearby villages
  • Installation of roof top rainwater harvesting and recharge systems in village communities and schools
  • Promoting integrated watershed development in areas around manufacturing locations
  • Water recharge through de-silting of lakes.

 

To view our CSR policy, click here.

 

BR Reports

 

Contact CSR cell

Asian Paints Limited

6A, Shantinagar,

Vakola Pipeline Road

Santacruz (East),

Mumbai - 400 055, India

 

Tel : +91-22-62181000

Fax : +91-22-62181111

Email : csr@asianpaints.com

Quality Policy

  • We shall comply with all statutory and other applicable requirements.
  • We shall provide products and services that meet stated standards on time, every time.
  • We shall continually improve our processes to understand changing stakeholder needs and preferences including statutory changes and use the same as input for periodically reviewing and revising performance standards of our products and services.
  • We accept Zero Defect as a quality absolute, and shall design and operate our quality system accordingly.
  • We shall organize our work practices to do a job right the first time, every time.
  • We are committed to continual improvement in quality in all business processes and shall track such improvement through measurable indicators.

Managing Director & CEO 
25th January 2019

 

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Corporate Information

Corporate Profile

The company has come a long way since its small beginning in 1942. Four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time set it up as a partnership firm. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967.

 

Asian Paints is India’s leading paint company with a group turnover of Rs 193.50 billion. The group has an enviable reputation in the corporate world for professionalism, fast track growth, and building shareholder equity. Asian Paints operates in 15 countries and has 26 paint manufacturing facilities in the world servicing consumers in over 60 countries. Besides Asian Paints, the group operates around the world through its subsidiaries  Asian Paints Berger, Apco Coatings, SCIB Paints, Taubmans, Causeway Paints and Kadisco Asian Paints.

Asian Paints manufactures wide range of paints for Decorative and Industrial use.    

In Decorative paints, Asian Paints is present in all the four segments v.i.z Interior Wall Finishes, Exterior Wall Finishes, Enamels and Wood Finishes.  It also offers Water proofing,  wall coverings and adhesives in its product portfolio.

Asian Paints also operates through ‘PPG Asian Paints Pvt Ltd’ (50:50 JV between Asian Paints and PPG Inc, USA, one of the largest automotive coatings manufacturer in the world) to service the increasing requirements of the Indian automotive coatings market. The second 50:50 JV with PPG named ‘Asian Paints PPG Pvt Ltd’ services the protective, industrial powder, industrial containers and light industrial coatings markets in India.

Vertical integration has seen Asian Paints diversify into chemical products such as Phthalic Anhydride and Pentaerythritol, which are used in the paint manufacturing process.  The company has discontinued production of Phthalic Anhydride from end of July 2017.

In the Home Improvement and Décor category, the company is present in the Kitchen and Bath fittings space and offers various products under Sleek and Ess Ess brand respectively.

Global Presence

Today, the Asian Paints group operates in 15 countries across the world across four regions viz. Asia, Middle East, South Pacific and Africa through the eight corporate brands viz. Asian Paints, Asian Paints Berger, SCIB Paints, Apco Coatings, Taubmans, Causeway Paints and Kadisco. 

  • Asian Paints in India, Bangladesh, Nepal, Sri Lanka and Indonesia (Asia)
  • Causeway Paints in Sri Lanka (Asia)
  • SCIB Paints in Egypt (Africa) 
  • Asian Paints Berger in UAE, Bahrain and Oman (Middle East); 
  • Apco Coatings in Fiji, Tonga, Solomon Islands and Vanuatu (South Pacific)
  • Kadisco Asian Paints in Ethiopia (Africa)
  • Taubmans in Fiji and Samoa (South Pacific)

 

Home Improvement

Asian Paints with its intent to enter the Home Improvement and Décor space in India had acquired 51% stake in Sleek group, a kitchen solutions provider in August 2013.  Sleek is a major player in the organized modern kitchen space and is engaged in the business of manufacturing, selling and distribution of modular kitchens as well as kitchen components including wire baskets, cabinets, appliances, accessories etc.  Recently, the company has launched ‘Smart Kitchen’ range for easy installation and design under the Sleek brand. Sleek has also introduced wardrobes in its portfolio since FY17. In December 2017, Asian Paints acquired the balance 49% in sleek from its erstwhile promoters.  Sleek is now a wholly owned subsidiary of the company.

In June 2014, Asian Paints acquired the entire front and sales business including Brands, Network and Sales Infrastructure of Ess Ess Bathroom products Pvt Ltd.  Ess Ess is a prominent player in the bath segment in India and has high quality products in this segment.   Recently,  the company has  introduced ‘Royale’ – premium range of bath fittings as well as ‘Bathsense’ – sanitary ware range of products for the evolving consumer.

Both, the Kitchen and Bath business have been co-branded with Asian Paints.

 

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Group Subsidiaries

News and Events

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Awards and Recognitions

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