Discover the top 10 paint companies in India, including Asian Paints, Berger Paints, and Kansai Nerolac. Explore their market presence, product range, innovations, and growth strategies in this detailed overview. India’s paint industry has seen significant growth over the years, driven by increasing urbanization, rising disposable incomes, and a growing preference for aesthetic interiors and exteriors. Here, we delve into the top 10 paint companies in India, examining their market presence, product range, innovations, and growth strategies.
Table of Contents
1. Asian Paints
| Attribute | Details |
|---|---|
| Market Share | Over 50% in the decorative segment |
| Product Range | Interior and exterior wall paints, wood finishes, metal finishes, waterproofing solutions |
| Innovation | Advanced technology and R&D, products like Royale Health Shield with anti-bacterial properties |
| Founded | 1942 |
| Headquarters | Mumbai, Maharashtra |
| Distribution | Extensive network across India with over 70,000 dealers |
| Key Products | Royale, Apcolite, Tractor Emulsion |
| Revenue | ₹21,712 crores (FY 2022-23) |
| Employee Strength | Over 7,500 employees |
| Market Presence | Operations in 16 countries, with 27 paint manufacturing facilities worldwide |
| Sustainability | Focus on sustainable practices, reducing carbon footprint, water management initiatives |
| CSR Initiatives | Programs in education, healthcare, water management, and community development |
| Brand Recognition | Consistently ranked among India’s top brands in various consumer surveys |
Asian Paints is the largest paint company in India and ranks among the top decorative coatings companies in the world. Founded in 1942, it has consistently led the market with innovative products and strong brand equity.
Key Points:
- Market Share: Holds a dominant position with over 50% market share in the decorative segment.
- Product Range: Offers a wide range of products, including interior and exterior wall paints, wood finishes, metal finishes, and waterproofing solutions.
- Innovation: Known for its advanced technology and R&D, introducing products like Royale Health Shield with anti-bacterial properties.
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2. Berger Paints
| Attribute | Details |
|---|---|
| Market Share | Second largest in India |
| Product Range | Decorative paints, industrial coatings, protective coatings |
| Innovation | Focus on eco-friendly products, Weathercoat Anti Dust |
| Founded | 1923 |
| Headquarters | Kolkata, West Bengal |
| Distribution | Over 25,000 dealers |
| Key Products | Silk, Easy Clean, Weathercoat |
| Revenue | ₹10,754 crores (FY 2022-23) |
| Employee Strength | Approximately 3,500 employees |
| Market Presence | Operations in several countries, with manufacturing units in India, Nepal, Poland, and Russia |
| Sustainability | Emphasis on green buildings, water conservation, and waste management |
| CSR Initiatives | Education, healthcare, vocational training, and rural development programs |
| Brand Recognition | Known for high-quality and innovative products |
Berger Paints, established in 1923, is the second-largest paint company in India. It has a strong presence in both decorative and industrial segments.
Key Points:
- Market Presence: Extensive distribution network with over 25,000 dealers.
- Product Range: Provides decorative paints, industrial coatings, and protective coatings.
- Sustainability: Focuses on eco-friendly products and sustainable practices, offering products like Weathercoat Anti Dust, which reduces dust accumulation.
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3. Kansai Nerolac Paints
| Attribute | Details |
|---|---|
| Market Share | Leading in industrial coatings |
| Product Range | Decorative paints, automotive coatings, powder coatings, performance coatings |
| Innovation | Low VOC and lead-free paints |
| Founded | 1920 (as Gahagan Paints) |
| Headquarters | Mumbai, Maharashtra |
| Distribution | Strong presence in industrial and automotive sectors |
| Key Products | Impressions, Excel, Nerolac Beauty |
| Revenue | ₹5,522 crores (FY 2022-23) |
| Employee Strength | Around 2,000 employees |
| Market Presence | Operations in various countries including Nepal, Bangladesh, and Sri Lanka |
| Sustainability | Initiatives for energy conservation, water harvesting, and use of renewable energy |
| CSR Initiatives | Focus on education, healthcare, and skill development |
| Brand Recognition | Strong brand recall in both industrial and decorative segments |
A subsidiary of Japan’s Kansai Paint, Kansai Nerolac is a significant player in the Indian paint industry, especially in the industrial coatings segment.
Key Points:
- Industrial Leadership: Leading supplier of automotive coatings and high-performance coatings.
- Product Range: Includes decorative paints, automotive coatings, powder coatings, and performance coatings.
- Innovations: Emphasizes low VOC and lead-free paints, catering to environmentally conscious consumers.
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4. Akzo Nobel India (Dulux)
| Attribute | Details |
|---|---|
| Market Share | Significant in the premium segment |
| Product Range | Decorative paints, performance coatings, specialty chemicals |
| Innovation | Dulux Weathershield with SunReflect technology |
| Founded | 1993 (in India) |
| Headquarters | Gurugram, Haryana |
| Distribution | Nationwide network of dealers and retailers |
| Key Products | Dulux Velvet Touch, Dulux SuperClean |
| Revenue | ₹2,820 crores (FY 2022-23) |
| Employee Strength | Over 1,500 employees |
| Market Presence | Presence in over 150 countries globally |
| Sustainability | Focus on sustainable products and practices, including the “People. Planet. Paint.” initiative |
| CSR Initiatives | Education, community development, and disaster relief efforts |
| Brand Recognition | Known for premium quality and innovative solutions |
Akzo Nobel, known for its Dulux brand, is a major global player with a strong presence in the Indian market. The company is known for its premium quality and innovative solutions.
Key Points:
- Premium Positioning: Focuses on the premium segment with products like Dulux Velvet Touch and Dulux SuperClean.
- Product Range: Offers decorative paints, performance coatings, and specialty chemicals.
- Technological Advancements: Invests in R&D for innovative products like Dulux Weathershield with SunReflect technology.
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5. Nippon Paint (India)
| Attribute | Details |
|---|---|
| Market Share | Rapidly expanding |
| Product Range | Decorative paints, industrial coatings, automotive coatings |
| Innovation | Nippon Atom Fibra with advanced scratch-resistant technology |
| Founded | 1881 (global), 2006 (India) |
| Headquarters | Chennai, Tamil Nadu |
| Distribution | Growing network across major cities |
| Key Products | Nippon Breeze, Nippon Satin Glo |
| Revenue | Part of Nippon Paint Holdings’ global revenue of $5.2 billion (FY 2022-23) |
| Employee Strength | Over 1,000 employees in India |
| Market Presence | Operations in over 16 countries |
| Sustainability | Focus on eco-friendly products, reducing carbon emissions, and energy-efficient manufacturing |
| CSR Initiatives | Education, environmental conservation, and community health programs |
| Brand Recognition | Recognized for high-quality, durable, and innovative paint solutions |
Nippon Paint, a Japanese company, has been expanding rapidly in India, leveraging its global expertise and advanced technologies.
Key Points:
- Global Expertise: Benefits from the technology and experience of its parent company, Nippon Paint Holdings.
- Product Range: Includes decorative paints, industrial coatings, and automotive coatings.
- Innovations: Introduced products like Nippon Atom Fibra with advanced scratch-resistant technology.
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6. Shalimar Paints
| Attribute | Details |
|---|---|
| Market Share | Established player with historical significance |
| Product Range | Decorative paints, industrial coatings |
| Innovation | Revamping brand and expanding distribution network |
| Founded | 1902 |
| Headquarters | Gurugram, Haryana |
| Distribution | Strong presence in North and East India |
| Key Products | Shalimar Superlac, Shaktiman Synthetic Enamel |
| Revenue | ₹480 crores (FY 2022-23) |
| Employee Strength | Around 1,000 employees |
| Market Presence | Strong regional presence, expanding nationally |
| Sustainability | Emphasis on eco-friendly products and sustainable manufacturing practices |
| CSR Initiatives | Community development, education, and healthcare initiatives |
| Brand Recognition | Known for durable and high-quality paint products |
One of the oldest paint companies in India, Shalimar Paints has a rich history and strong brand recall in the market.
Key Points:
- Heritage Brand: Established in 1902, it has a longstanding presence in the Indian market.
- Product Range: Offers a wide range of decorative and industrial coatings.
- Revival Efforts: Recently focused on revamping its brand and expanding its distribution network.
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7. Jotun India
| Attribute | Details |
|---|---|
| Market Share | Niche player with international standards |
| Product Range | Decorative paints, marine coatings, protective coatings, powder coatings |
| Innovation | High-performance coatings like Jotashield Extreme |
| Founded | 1926 (global), 2005 (India) |
| Headquarters | Mumbai, Maharashtra |
| Distribution | Selective but expanding network |
| Key Products | Jotashield, Majestic, Fenomastic |
| Revenue | Part of Jotun Group’s global revenue of NOK 21.5 billion (FY 2022-23) |
| Employee Strength | Over 500 employees in India |
| Market Presence | Operations in over 100 countries |
| Sustainability | Focus on reducing VOC emissions, energy-efficient manufacturing, and sustainable product innovation |
| CSR Initiatives | Education, environmental conservation, and community health programs |
| Brand Recognition | Renowned for high-quality, durable, and innovative coatings |
Jotun, a Norwegian company, has been steadily increasing its footprint in the Indian paint industry, known for its high-quality products and innovative solutions.
Key Points:
- International Quality: Brings international standards and innovations to the Indian market.
- Product Range: Specializes in decorative paints, marine coatings, protective coatings, and powder coatings.
- Innovation: Focuses on high-performance coatings with products like Jotashield Extreme for exterior durability.
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8. Snowcem Paints
| Attribute | Details |
|---|---|
| Market Share | Specialized niche market |
| Product Range | Cement paints, textured finishes, protective coatings |
| Innovation | Focus on durability and weather resistance |
| Founded | 1959 |
| Headquarters | Mumbai, Maharashtra |
| Distribution | Strong in specific regions and expanding |
| Key Products | Snowcem Plus, Cem Coat |
| Revenue | ₹150 crores (FY 2022-23) |
| Employee Strength | Around 300 employees |
| Market Presence | Strong in western and southern India |
| Sustainability | Emphasis on eco-friendly and durable products |
| CSR Initiatives | Community development, education, and healthcare initiatives |
| Brand Recognition | Known for long-lasting and weather-resistant exterior paints |
Snowcem Paints is known for its exterior cement-based paints, catering to a niche market with a focus on durability and protection.
Key Points:
- Niche Focus: Specializes in exterior paints with high durability.
- Product Range: Includes cement paints, textured finishes, and protective coatings.
- Durability: Known for its long-lasting and weather-resistant products.
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9. Sheenlac Paints
| Attribute | Details |
|---|---|
| Market Share | Growing presence in South India |
| Product Range | Decorative paints, wood finishes, industrial coatings |
| Innovation | Water-based wood finishes |
| Founded | 1962 |
| Headquarters | Chennai, Tamil Nadu |
| Distribution | Strong regional presence, expanding nationally |
| Key Products | Sheenlac Wood Polish, Sheenlac Emulsions |
| Revenue | ₹650 crores (FY 2022-23) |
| Employee Strength | Around 1,200 employees |
| Market Presence | Strong in southern India with plans to expand across the country |
| Sustainability | Focus on eco-friendly products, waste reduction, and energy conservation |
| CSR Initiatives | Education, skill development, and community health programs |
| Brand Recognition | Known for quality wood finishes and innovative products |
Sheenlac Paints, based in South India, has made a name for itself with its wide range of products and innovative offerings.
Key Points:
- Regional Strength: Strong presence in South India with a growing national footprint.
- Product Range: Offers decorative paints, wood finishes, and industrial coatings.
- Innovations: Introduced water-based wood finishes, catering to eco-friendly trends.
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10. British Paints
| Attribute | Details |
|---|---|
| Market Share | Recognized brand with quality focus |
| Product Range | Decorative and industrial paints |
| Innovation | Product quality and customer satisfaction focused |
| Founded | 1919 |
| Headquarters | New Delhi, India |
| Distribution | Nationwide network |
| Key Products | British Paints Shingar, British Paints Glo |
| Revenue | ₹1,200 crores (FY 2022-23) |
| Employee Strength | Around 800 employees |
| Market Presence | Operations in India and expanding in neighboring countries |
| Sustainability | Focus on sustainable products and practices, including eco-friendly formulations |
| CSR Initiatives | Community development, education, and healthcare initiatives |
| Brand Recognition | Known for high-quality, durable paint products |
British Paints, part of Berger Paints, has a legacy of quality and innovation in the Indian market.
Key Points:
- Brand Legacy: Benefits from the heritage and expertise of Berger Paints.
- Product Range: Provides a comprehensive range of decorative and industrial paints.
- Focus Areas: Emphasizes product quality and customer satisfaction with solutions like British Paints Shingar and Glo.
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The Indian paint industry is dynamic and competitive, with these top companies leading the charge through innovation, quality, and extensive distribution networks. As consumer preferences evolve and demand for eco-friendly and high-performance products increases, these companies continue to innovate and expand their offerings to cater to a diverse market.
FAQs on : Top 10 Paint Companies in India
1. Which is the top 1 paint company in India?
Asian Paints is the top paint company in India, with over 50% market share in the decorative segment.
2. Which is the No. 2 paint company in India?
Berger Paints is the second-largest paint company in India.
3. Which brand is best for paint?
Asian Paints is often considered the best brand for paint in India due to its extensive product range, innovation, and high market share.
4. Who are the top 3 paint manufacturers?
The top 3 paint manufacturers in India are:
- Asian Paints
- Berger Paints
- Kansai Nerolac Paints
5. Which is the No 1 paint in Asia?
Asian Paints is the No. 1 paint company in Asia, known for its strong market presence and extensive product range.
6. Which is the oldest paint brand in India?
Shalimar Paints, founded in 1902, is the oldest paint brand in India.
7. What is the famous paint in India?
Asian Paints is the most famous paint brand in India due to its dominance in the market and strong brand recognition.
8. Which is the third largest paint company in India?
Kansai Nerolac Paints is the third-largest paint company in India.
9. What is the best name brand of paint?
Asian Paints is widely regarded as the best name brand of paint in India.
10. Which is the No 1 paint in the world?
Sherwin-Williams is considered the No. 1 paint company in the world based on revenue and market presence.
11. Which paint is better for a house?
For house painting, Asian Paints and Berger Paints are highly recommended due to their high-quality and durable products.
12. What is quality paint?
Quality paint is characterized by good coverage, durability, ease of application, and resistance to environmental factors. Brands like Asian Paints, Berger Paints, and Dulux are known for their quality paints.
13. How do I choose a paint brand?
When choosing a paint brand, consider factors such as:
- Quality and Durability: Look for reviews and recommendations.
- Product Range: Ensure the brand offers the type of paint you need.
- Environmental Impact: Eco-friendly options are preferable.
- Price: Compare prices within your budget.
- Customer Support: Good after-sales support and warranty.
14. Which paint is best for selling?
Asian Paints is highly recommended for selling due to its strong brand recognition, quality, and extensive dealer network.
15. Who owns Dulux?
Dulux is owned by Akzo Nobel, a Dutch multinational company specializing in paints and coatings.
