All Great Things
Start Smalls
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. Asian Paints manufactures a wide range of paints for decorative and industrial use and also offers Wall Coverings, water proofing, adhesives and services under its portfolio. The company is also present in the Home Improvement and Decor segment and offers bath and kitchen products. The company also introduced lightings, furnishings and furniture in its portfolio.
Recently the company entered into a definite agreement with Weatherseal Fenestration for acquiring 51% stake. Weatherseal incorporated in Mar 2022 would be engaged in the business of interior decoration/furnishing, including manufacturing uPVC windows and door systems. Asian Paints also entered into a definite agreement for acquiring 49% stake in Obgenix Software, commonly known as White Teak, which is engaged in the business of decorative lighting products and fans.
Vision
Clear Goals for Clear Future
“To be the fore runner of inspiring décor and to actively empower customers to create their dream homes”
- Corporate Information
- Corporate Citizenship
- Group Subsidiaries
Corporate Information
New Categories/Offerings
Asian Paints has also recently launched range of Furniture, Furnishings and Lighting Products under three brands - Nilaya, Royale and Ador, thus offering wide spectrum of offerings in the ‘Home Décor’ category.
It has also launched ‘Beautiful Homes Service’ - an exclusive end-to-end solution that provides consumers a personalized interior design service with professional execution to create their dream homes.
Recently the company entered into a definite agreement with Weatherseal Fenestration for acquiring 51% stake. Weatherseal incorporated in Mar 2022 would be engaged in the business of interior decoration/furnishing, including manufacturing uPVC windows and door systems. Asian Paints also entered into a definite agreement for acquiring 49% stake in Obgenix Software, commonly known as White Teak. White Teak is engaged in the business of decorative lighting products and fans.
In October 2022, Asian Paints announced that it has entered into a into nanotechnology partnership with Harind to acquire 51% stake in Harind Chemicals and Pharmaceuticals Private Limited (“Harind”) from Aapex Power and Industries Private Limited, Dr. Swapan Ghosh & others. It is also agreed to acquire further 39% stake in Harind from the existing shareholders, in a staggered manner, over the next 5 years, subject to fulfilment of certain conditions precedent and achievement of financial targets.
Asian Paints in Oct 2022, signed a binding term sheet with Riddhi Siddhi Crusher & Land Transport (Riddhi Siddhi), Fujairah, United Arab Emirates and Associated Soap Stone Distributing Company Private Limited (ASD), inter alia, to form a joint venture to carry out the business of manufacturing and exporting white cement & white cement clinkers by setting up a manufacturing plant in Fujairah, UAE, subject to due diligence and necessary regulatory and other approvals. The joint venture would be a 60:40 partnership between the Asian Paints and Riddhi Siddhi & ASD. The initial capacity of the said manufacturing facility, to be set up in Fujairah, UAE, would be 2,65,000 tons per annum. In addition, clinker grinding units would be set up in India as well. The overall investment would be approximately Rs. 550 crores, to be invested over the next 2 (two) years.
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, Asian Paints Causeway and Kadisco Asian Paints.
Asian Paints in India, Bangladesh, Nepal and Indonesia (Asia)
Asian Paints Causeway in Sri Lanka (Asia)
SCIB Paints in Egypt (Africa)
Asian Paints Berger in UAE, Bahrain , Oman and Qatar (Middle East);
Apco Coatings in Fiji, Solomon Islands and Vanuatu (South Pacific)
Kadisco Asian Paints in Ethiopia (Africa)
Taubmans in Fiji and Samoa (South Pacific)
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.
Asian Paints along with its subsidiaries have operations in 15 countries across the world with 27 paint manufacturing facilities, servicing consumers in over 60 countries.
Corporate Citizenship
We are inclusive of our communities through a range of social interventions, enhancing skills and building social infrastructure to improve their quality of life.
The CSR Committee has identified the following thrust areas around which the Company shall be focusing its CSR initiatives and channelizing the resources on a sustained basis:
Health & Hygiene:
Under Health & Hygiene, we aspire to deliver primary health care support through diagnosis and treatments to our communities. Interventions will include promoting preventive healthcare, building awareness about hygiene, sanitation, maternal & child health care, setting up medical infrastructure, instrumenting clean drinking water habits, etc
Disaster Management:
We contribute towards relief, rehabilitation, and reconstruction activities as a part of our disaster management intervention. As a responsible Company, we focus towards mitigating the effects of the crisis created by natural disasters, pandemic or likewise. We have partnered with the Government on various instances to provide support and aid. We have also worked with different partners for distribution of essentials among communities during the time of crisis.
Enhancing Vocational Skills:
In the area of Vocational training and skilling, we provide specialized and skill-based training to painters, carpenters, plumbers, etc., to enhance their skills, empower them, provide opportunities to secure better employment, and improve their livelihood.
Water:
Water is a valuable and scarce resource that we share with our surrounding communities, we have identified water conservation and management as a key area of intervention. Our focus will be an integrated approach across (a) to (d) below:
(a) reducing overall specific water consumption;
(b) reuse/recycle wastewater back within the factories and communities in the vicinity of our manufacturing locations and other areas of operations;
(c) rain Water harvesting in our factories and communities in the vicinity of our manufacturing locations and other areas of operations;
(d) watershed management and community outreach programs thus making more water available for the communities than what we consume every year.
The initiatives in this thrust area would, inter alia, include (i) creating capacities in conserving water through significant investments in partnership with relevant stakeholders, with the objective of water conservation, (ii) educating farmers in looking at various Government schemes with the objective of water management, (iii) undertaking water replenishment projects in the communities surrounding our factories. The approach would include providing support and infrastructure at each stage of water conservation, water preservation, water re-charge and waste-water treatment.
Vocational Skilling and Water conservation will continue to remain our key thrust areas of intervention.
To view our CSR policy, click here.
CSR Projects
BR Reports
Contact CSR cell
Asian Paints Limited
6A, Shantinagar,
Santacruz (East),
Mumbai - 400 055, India
Tel : +91-22-62181000
Fax : +91-22-62181111
Email : csr@asianpaints.com
Group Subsidiaries
Apco Coatings is a subsidiary of Asian Paints in the South Pacific islands. Asian Paints operates in Fiji, Solomon Islands and Vanuatu under the brand name of Apco Coatings.
Founded in 1979, SCIB Paints is today a reputed name and ranks amongst the top five paint companies in Egypt. SCIB Paints became a part of the Asian Paints group in August, 2002.
PPG Asian Paints, (earlier known as Asian PPG Industries Pvt Ltd.), established in March 1997, is a 50:50 joint venture between Asian Paints Limited and PPG Industries, Inc., USA. It was formed with the objective of providing solutions to the paint requirements of Indian automobile manufacturers. The joint venture brought together two leading companies with strengths in technology, manufacturing and customer insight.
Asian Paints PPG (AP PPG), the second 50:50 joint venture with PPG Industries, Inc., USA was formed in 2012. This joint venture caters to the market for protective coatings, floor coatings, road marking paints and powder coatings.
Taubmans Paints Fiji, the fourth largest paint company in Fiji, became a part of the Asian Paints family in September, 2003. Taubmans Paints is the dominant player in the project sales segment in the country and is a leader in the neighbouring Samoa Islands. It has two manufacturing facilities, one in Suva (Fiji) and the other in Samoa
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.
As part of our continued efforts to partner with people in creating beautiful homes, we present ESS Bath Fittings and Accessories by Asian Paints - a smart and intriguing world of ergonomic and innovative bath concepts. Expect nothing but the best because Ess Ess, the bath fittings and accessories expert, is now a part of the Asian Paints family. From delicately crafted faucets to luxurious showers and engineered-to-perfection accessories - every product in the range has been designed to impress.
In February 2015, Kadisco, one of the leading paint companies in Ethiopia became part of the Asian Paints group. Kadisco is engaged in the manufacture and sales of decorative paints, industrial paints, automotive paints, other coatings and adhesives in Ethiopia.
Since its foundation in 1942, Asian Paints has come a long way to become India’s leading and Asia’s third-largest paint company. We operate in 15 countries and have 26 paint manufacturing facilities in the world, servicing consumers in over 65 countries.
In the Middle East too Berger is a well-respected brand. It is the largest paint company in Bahrain. Using its state-of-the-art manufacturing facilities there, and in the United Arab Emirates, it exports to countries in the Commonwealth of Independent States, Gulf Cooperation Council, and Africa
Asian Paints Berger has a strong manufacturing base in the Middle East, with dedicated plants in Dubai, Sohar, and Bahrain. It is also present in Qatar.
