Here is the list of the top 5 paint companies in India. The Indian paint industry is over 100 years old. The paint industry in India has a market of ₹ 50,000 Crore.
It is estimated that the Indian Paint industry will reach ₹70,000 Crore by 2021-2022. Shalimar Paint is the oldest paint company in India.
Top 5 paint companies in India
1. Asian Paints Ltd.
Asian Paints Limited is in the business of manufacturing, selling, and distributing of paints, coatings, products related to home decor, bath fittings, and providing related services.
Asian Paints Ltd is the largest paint company in India and Asia’s third-largest paint company.
The company has its operations in 22 countries globally with 27 paint manufacturing facilities servicing consumers in 65 countries through Berger International SCIB Paints Apco Coatings and Taubmans.
Asian Paints manufactures a variety of paints for decorative and industrial uses.
The company has manufacturing units in Maharashtra, Gujarat, Andhra Pradesh Uttar Pradesh Tamil Nadu, and Haryana in India. Asian Paints was incorporated in the year 1945.
2. Berger Paints Ltd.
Berger Paints India Ltd is in the business of paint manufacturing and it the second largest paint company in India. They are providing their customers with a variety of innovative painting solutions.
Berger paints have headquartered in Calcutta and services the market through a distribution network consisting of about 110 stock points and more than 25000 dealers.
Berger paints has manufacturing plants in West Bengal Uttar Pradesh Pondicherry Goa and Jammu & Kashmir. The company also has an international presence in 4 countries in Nepal. Bangladesh, Poland, and Russia.
The company was incorporated in 1923 as Hadfield’s (India) Ltd in Kolkata.
3. Kansai Nerolac Paints Ltd.
Kansai Nerolac Paints is in the business manufacturing of Paints.
The company has five manufacturing units located all over India and a strong dealer network across India.
The company manufactures a wide range of products ranging from decorative paints coatings for homes, offices, hospitals, and hotels.
Kansai Nerolac paint has 5 manufacturing plants located at Jaipur (UP), Lote (Maharashtra), Bawal (Haryana), Hosur (Tamil Nadu) and Sayakha (Gujarat).
The company was established in 1920 as Gahagan Paints and Varnish Co. Ltd. at Lower Parel in Bombay.
4. Akzo Nobel India Ltd.
Akzo Nobel India is in the business of manufacturing, trading, and selling paints and paint-related products. The Company also provides research and development services to the holding company and its group holding companies.
The company sells paint under the well-known brand Dulux. it is one of the top 5 paint companies in India.
5. Shalimar Paints Ltd.
Shalimar Paints Limited is in the business of manufacturing paints, varnishes, enamels, or lacquers. Shalimar paint Ltd. product categories consist of interior walls, exterior walls, metal surfaces, wooden surfaces, and floors.
It has manufacturing plants in Howrah (West Bengal), Nasik (Maharashtra), and Sikandrabad Distt.Bulandshahr (Uttar Pradesh).
Shalimar paint Limited was incorporated in 1902.
Shalimar Paints Limited has a pan-India sales and distribution network. It has 30+ depots, the company services more than 5,000 dealers across the country.