India has diverse businesses and industries. The country’s corporate landscape is a mix of innovation and business, ranging from large enterprises to startups. The paint business is one of the essential industries that propel the city’s economy. The presence of these companies have a significant impact on the dynamics of the real estate market.
See also: 6 top glass manufacturers in India
Business landscape in India
The Indian government is actively fostering the expansion of business. The government is encouraging investors and startups to build enterprises in the nation through programmes like Make in India and Startup India. Opportunities abound in the Indian business environment for both indigenous and foreign investors. India is a market with enormous potential due to its young and expanding population, higher disposable incomes and growing urbanisation. The businesses are putting increasing emphasis on sustainability. As a result, there is an increase in demand for handling waste, electricity from renewable sources and other sustainable goods and services.
Top paint companies in India
Asian Paints
Industry: Paints and Coatings
Sub-industry: Decorative paints, automotive paints, and protective coatings
Company type: Publicly traded
Headquarters: 6A, Shantinagar, Santacruz (E), Mumbai – 400 055
Founding date: 1942
Asian Paints is one paint industry’s leading players. Over 20,000 people work for the corporation, which has production locations in over 20 nations. Asian Paints is renowned for its cutting-edge goods such as the Royale Aspire line of paints that are intended to purify the air and guard against viruses and bacteria.
Berger Paints
Industry: Paints and Coatings
Sub-industry: Decorative paints, automotive paints, industrial paints
Company type: Public limited
Headquarters: Beniapukur, Kolkata, West Bengal 700017
Founding date: 1923
One of the top paint manufacturers in India is Berger Paints. It produces and retails a variety of coats and paints for use in industrial, automotive and aesthetic applications. The business has more than 40 manufacturing facilities and a network of more than 25,000 dealers throughout India.
Kansai Nerolac Paints
Industry: Chemicals
Sub-industry: Paints and Coatings
Company type: Public limited
Headquarters: Lower Parel, Mumbai, Maharashtra 400013
Founding date: 1920
Kansai Nerolac Paints, headquartered in Mumbai, stands as the leading player in the industrial paint sector and holds the position of the third-largest company in the decorative paint industry in the country. It offers a comprehensive lineup of products and brands, including decorative paints for interior and exterior walls, wood and metal surfaces.
AkzoNobel India
Industry: Chemicals
Sub-industry: Paints and coatings
Company type: Public limited
Location: Navi Mumbai, Maharashtra 400710
Founding date: 1954
The business provides a vast selection of products for industrial, commercial and residential uses. Leading suppliers of speciality coatings such as marine coatings, automotive paint and powder coatings include AkzoNobel India. Sustainable development and innovation are essential to AkzoNobel India. To create new and better products, the corporation makes significant investments in research and development.
Indigo Paints
Industry: Building materials
Sub-industry: Paints
Company type: Publicly listed
Location: Pallod Farms II, Pune, Maharashtra 411045
Founding date: 2000
The reputation of Indigo Paints is built on its superior goods and creative ideas. With a network of more than 2,500 dealers and 10,000 retail locations, Indigo Paints has a significant presence in the Indian market. Additionally, the business exports its goods to more than 25 nations worldwide.
Nippon Paint
Industry: Paint
Sub-industry: Architectural coatings, automotive coatings, and industrial coating
Company type: Public listed
Location: Bandra West, Mumbai, Maharashtra 400051
Founding date: 1881
A worldwide Japanese paint and coatings firm is called Nippon Paint. It is the largest paint producer in Asia and ranks fourth in the world in terms of revenue. The business operates globally in more than 30 nations. Products from Nippon Paint are renowned for their superior quality and sturdiness.
Shalimar Paints
Industry: Paints and coatings
Sub-industry: Decorative paints
Company type: Public limited
Location: Andheri (E), Mumbai, Maharashtra 400072
Founding date: 1902
It produces a variety of coatings and colours for use in industrial, automotive and ornamental applications. The company exports its goods to more than 20 nations and has a significant presence in India. A reputable name in the Indian paint industry is Shalimar Paints. The business is renowned for its top-notch goods, cutting-edge technology and keen client support.
Dulux Paints
Industry: Paint and coatings
Sub-industry: Architectural paints
Company type: Public Company
Location: Kalyan Puri, Delhi, 110091
Founding date: 1931
AkzoNobel owns the international architectural paint brand Dulux Paints. With a presence in more than 100 nations, it is among the top paint manufacturers in the globe. Emulsions, enamels, coatings and wood stains are just a few of the paints and coatings that Dulux Paints provides for both indoor and outdoor use.
Jenson & Nicholson Paints
Industry: Paints and coatings
Sub-industry: Decorative paints
Company type: Public traded
Location: Karam Pura, Delhi, 110015
Founding date: 2015
One of the top paint producers in India is Jenson & Nicholson Paints India. Emulsions, enamels, lacquers and wood finishes are just a few of the ornamental and industrial paints that the company produces. With a national production network and more than 1,000 retail locations, Jenson & Nicholson Paints has a significant presence in the Indian market.
Sheenlac Paints
Industry: Paint and coatings
Sub-industry: Decorative paints
Company type: Publicly traded
Headquarters: Ambattur Industrial Estate, Chennai – 600 098
Founding date: 2012
The company sells a wide variety of goods, such as wood finishes, emulsions and interior and outdoor paints. Sheenlac Paints is renowned for its premium goods and dedication to innovation. A strong R&D team at the company is constantly creating novel innovations and goods.
Commercial real estate demand in India
Office space: Office space is necessary for paint firms’ corporate offices, regional offices and divisions. Their scientific and technological teams, as well as their marketing and sales staff, require office space. Paint firms must increase the size of their manufacturing and distribution facilities due to the country’s growing need for paints and coatings. This has created significant demand for commercial properties.
Rental property: In the upcoming years, it is anticipated that paint firms will continue to increase their demand for commercial real estate. This is caused by several factors, including India’s rising demand for coated materials and paints, the requirement for paint businesses to expand their production and distribution operations and the country’s rapid urbanisation.
Impact: The commercial real estate sector in India benefits from the need for office space and leasing properties from paint firms. This demand contributes to an increase in costs, including rent. Additionally, it aids in economic growth and job creation.
Impact of paint companies on India
Paint businesses have a positive effect on India in various ways. For instance, by giving Indians high-quality coatings and colours that shield their homes and other facilities from the weather, they contribute to improving the quality of life for the population. In India, a number of humanitarian and environmental activities are also supported by the paint industry. Paint manufacturers make substantial tax payments to the government. The government uses this tax money to pay for its amenities and programmes.
FAQs
Which paint manufacturer is the best in India?
The most popular paint brand in India, Asian Paints offers a variety of plastic paint, distemper, oil paint and other paint types. The business produces a variety of colours for industrial and decorative uses and has a 193.50 billion dollar annual revenue.
Which paint works best in India for interior walls?
Although emulsion colours are more expensive than distempers, they are the ideal paint for homes since they are long-lasting and require little upkeep. The best paints for interior walls of homes in India are emulsion paints.
What is the top paint in Asia?
Nippon Paint, which has its headquarters in Osaka, is the top paint firm in Asia and is becoming more well-known abroad.
Which paint is ideal for use in a home?
The best painting material in India for rooms such as the kitchen and bathroom is enamel paint.
What paint is less expensive in India?
One of the least expensive options is insoluble in water distemper paints. They occasionally have a strong scent and are typically less resilient.
Which Indian paint firm is the oldest?
Shalimar Paints, established in 1902, is one of the oldest paint companies in India.
Which paint has the most sales in India?
Asian Paints, established in 1942, is the most extensive paint firm in India and Asia, with revenues of Rs 193.50 billion.
Which paints are eco-friendly?
Zero- to extremely low-VOC paints, acrylic or latex paints and regenerated water-based paint are your following best options. Avoid using paint from outdated cans that can contain lead or mercury, in addition to paint made from oil, due to their high VOC level.
What kind of paint can be washed?
Both satin and eggshell semi-gloss acrylic latex coatings may be cleaned.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
