Some of the best paint manufacturers in the world are based in India, where demand is growing quickly as a result of rising disposable income and urbanization. These businesses provide a wide range of products to meet the demands of different customers, including industrial coatings for commercial purposes and decorative paints for homes.
Major paint companies in India include Asian Paints, Berger Paints, Kansai Nerolac, AkzoNobel, and Dulux. These companies gained the upper hand in the market by introducing innovative products, establishing widespread distribution channels, and building a powerful brand image.
These companies invest significant resources in research and development to address the growing consumer demand for environmentally friendly and ecological paints. In the Indian industry, the leading paint companies are successfully growing by offering superior products and outstanding customer service, although facing tough competition.
Deciding on the perfect paint company is essential to accomplishing the desired results of your project, be it a home renovation, a commercial space transformation, or a project in the workplace. When faced with an extensive variety of choices, it can be difficult to make an accurate decision.
This blog provides valuable insights into top paint companies in India, highlighting the top players, their distinct offerings, and key factors to keep in mind when choosing a paint company.
Join us as we navigate through top paint companies in India, helping you make the best choice for your next painting project.
Brief overview of the paint industry in India
In India, the paint industry has a market value of around ₹500 billion, with decorative paints being the most significant category. According to industry analysis, the market size of the Indian paints and coatings industry is expected to reach approximately USD 9.56 billion by 2024. According to a report, the projected growth rate is 9.38% with an estimated value of USD 15.00 billion by 2029.
Importance of choosing the right paint company
When it comes to selecting a paint company in India, making the right choice is essential to attaining excellent outcomes and lasting fulfillment. When selecting a company, it is important to conduct thorough research into its reputation, experience, and expertise.
A reliable paint company will have an established record of providing excellent painting services, applying premium supplies, and employing highly skilled professionals. Additionally, they will provide an array of colors, finishes, and products to cater to numerous needs and preferences.
When customers opt for a trustworthy paint company, they can expect superb fabrication, projects completed on schedule, and exceptional customer service from start to finish.
Factors to Consider When Choosing a Paint Company
- Reputation: Conduct an extensive study on the company’s reputation within the industry and carefully analyze customer reviews to evaluate their level of reliability and the quality of their work.
- Expertise: Seek out paint companies with a strong track record and extensive experience in the Indian market.
- Product Range: It is important to ensure that the company provides a wide range of paints that are suitable for various surfaces and weather conditions commonly found in India.
- Quality Certifications: Look for ISO certifications and other quality standards to ensure the company meets industry benchmarks.
- Environmentally Conscious Choices: Take into account companies that provide eco-friendly paint options, as this is a growing concern in India.
- Color Consultation: Seek out paint companies that offer color consultation services to assist you in making informed choices.
- Warranty: Carefully review the warranty terms provided by various paint companies to safeguard your investment.
- Assess the company’s customer support and after-sales service to effectively handle any post-painting issues.
- Price: It’s important to carefully consider prices from various paint companies in India while keeping in mind that quality should never be sacrificed for cost.
- Consider Local Presence: Opt for a company that has established itself well in your area, as this can provide you with convenient access to their products and services.
List Top 10 Paint Companies in India
1. Asian Paints
Asian Paints is the leading paint company in India and the Asian region. With a dominant market share of 42% in the decorative portion and a respectable 15% in the industrial segment, this company has established itself as an impressive competitor in the market. The company was founded in 1942.
Its headquarters is located in the bustling city of Mumbai. The company specializes in the manufacturing, selling, and distribution of paints, coatings, home décor products, bath fittings, and related services.
Moreover, they have recently released their official app on both the Play Store and the Apple App Store. This app offers a range of useful features, including a paint budget calculator and a color visualizer.
The company offers an impressive roster of 12 institutional owners and shareholders who have chosen to invest through the Securities Exchange Commission (SEC). The major stakeholders consist of Bridge Builder International Equity Fund and Touchstone Sands Capital Emerging Markets Growth Fund.
Products:
- Interior paints
- Exterior paints
- Waterproofing
- Wood paints
- New
- Wood paint product finder
- Metal paints
- Brushes & Ancillaries
- Adhesives
Company Details:
- Founder: Champaklal Choksey, Chimanlal Choksi ,Suryakant Dani & Arvind Vakil
- Founded In: 1942
- Website: www.asianpaints.com
- Headquarters: Mumbai, Maharashtra
2. Berger Paints
Berger Paints India Ltd is a famous worldwide paint company with its headquarters in Kolkata. The company offers a significant number of manufacturing units, with 16 located in India, 2 in Nepal, and 1 each in Poland and Russia. The company has manufacturing units located in various cities including Howrah, Rishra, Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, Jejuri, Jammu, Puducherry, and Anand.
The company operates in five different countries, including India, Russia, Poland, Nepal, and Bangladesh. With a workforce of over 3,600 and a broad network of over 25,000 dealers across the country, the company has built a strong presence in the market.
The company provides an extensive market share and produces a significant annual revenue of around INR ₹10,500 crores (USD 1.4 billion), with a profit margin of approximately 12%.
Products:
- Interior Paints
- Exterior Paints
- Metal
- Wood
- Coating
Company Details:
- Founder: Kuldip Singh Dhingra (Chairman), Gurbachan Singh Dhingra (Vice Chairman), Abhijit Roy (MD & CEO)
- Founded In: 1923
- Website: www.bergerpaints.com
- Headquarters: Kolkata, West Benga
3. Kansai Nerolac Paints
Kansai Nerolac Paints Limited, previously known as Goodlass Nerolac Paints Ltd, is an established firm in the Indian paint industry. With its headquarters in Mumbai, the company holds an excellent position in both the industrial and artistic painting areas.
This company is a division of Kansai Paint, an acknowledged Japanese corporation. The company runs in the industrial, automotive, and powder coating fields.
Our company focuses on developing and supplying high-quality paint systems for a wide variety of industries, including electrical components, cycles, material handling equipment, bus bodies, containers, and furniture.
Kansai Nerolac Paints runs a total of 7 paint manufacturing plants, plus partnering with around 6-7 contract manufacturers.
The plants owned by Nerolac are located in Jaipur, Kanpur Dehat, Uttar Pradesh. 2. Bawal (Haryana) 3. Lote, Chiplun (Maharashtra) 4. Hosur, located in Tamil Nadu Sayakha, located in Gujarat 6. Goindwal in Punjab 7. Visakhapatnam is located in the state of Andhra Pradesh.
Products:
- Interior Wall Paints
- Exterior Wall Paints
- Wood Coatings
- Metal Enamel Paints
- Waterproofing
- Interior Textures
Company Details:
- Founder: Mr Anuj Jain(CEO)
- Founded In: 1920
- Website: www.nerolac.com
- Headquarters: Mumbai, Maharashtra
4. Nippon Paint
Nippon Paint Holdings Co., Ltd. is a famous Japanese company specializing in producing high-quality paint and paint products. Ranked among the top paint manufacturers globally, based on revenue in 2020.
Jujiro Motegi started Komyosha in 1881. The company became Nippon Paint Manufacturing in 1898 and Nippon Paint in 1927.
Since 2006, Japan-based Nippon Paint has been present in India. They also sponsor Chennai Super Kings and Royal Challengers Bangalore in IPL.
Products:
- Chemicals
- Decorative paints
- Industrial finishing products
- Coatings
- Fine chemicals
Company Details:
- Founder: Masaaki Tanaka(MD)
- Founded In: 1881
- Website: www.nipponpaint-holdings.com
- Headquarters: Mumbai, Maharashtra
5. Indigo Paints
Indigo Paints Limited, stylized as INDIGO, is an Indian paint company based in Pune, Maharashtra. It runs five manufacturing facilities in Jodhpur, Kochi, and Pudukkottai.
The company specializes in the manufacturing, selling, and distribution of a wide range of decorative paints and coatings. Their product offerings include emulsion, enamels, waterproofing and chemical constructions, wood coatings, distemper, primers, putties, and cement paints.
The company was formed in 2000 by Hemant Jalan to carve out an exceptional spot in the competitive paint industry. Indigo Paints boasts a broad dealer base including across India, with a remarkable 11,000 dealers and 36 depots.
In addition, its products are exported to Nepal and Bhutan. The company has three manufacturing plants in India.
Products:
- Exterior and Interior paints
- Enamel Paints
- Wood Coatings
- Putties
- Primers
Company Details:
- Founder: Hemant Jalan(MD)
- Founded In: 2000
- Website: www.indigopaints.com
- Headquarters: Pune, Maharashtra
6. Shalimar paints
The company focuses on the manufacturing and fostering of artistic paints and industrial coatings.
India’s famous buildings and structures, including the Howrah Bridge, Rashtrapati Bhawan, Salt Lake Stadium, All India Institute of Medical Sciences, and many more, have chosen Shalimar Paints to adorn their surfaces.
British businessmen AN Turner and AC Wright established Shalimar Paints Colour & Varnish Ltd. in 1902. In 1989, the influential O.P. Jindal Group and the Hong Kong-based S.S. Jhunjhnuwala Group obtained the company, modernizing it. Shalimar’s direction changed and this strategic relationship set the stage for rapid advances and collaborative success.
Around $49 million is earned by Shalimar Paint. Shalimar Paint makes emulsions, distemper, priming, putty, varnish, and more at three factories nationwide.
Products:
- Primar
- Putty
- Emulsion
- Coating
Company Details:
- Founder: AN Turner, AC Wright
- Founded In: 1902
- Website: www.shalimarpaints.com
- Headquarters: Gurugram, India
7. Sirca Paints India Ltd.
An idea originated as Sircolor Wood Coatings Private Limited on January 19, 2006, marking the important start of a new investment. The journey finally unfolds under the name of Sirca Paints India Limited.
A company that started with a straightforward business model of importing PU products from Italy and Korea, modifying them, and selling them through our dealer network has witnessed immense success since then.
Today, Sirca is recognized as the leading company in the wood coatings industry in northern India. In addition, the company is now expanding its network to southern and western India as well.
Sirca Paints India enjoys a broad dealer network that lasts across the entire nation, with over 3,000 dealers and 25 stock points. Further, its products have been shipped to Nepal, Sri Lanka, Bangladesh, and the Middle East.
Products:
- Primar
- Finisher
- Exterior
- Interior
- Wall Putty
- Coating
Company Details:
- Founder: Sanjay Agarwal(MD)
- Founded In: 2006
- Website: www.sircapaints.com
- Headquarters: New Delhi, India
8. Jotun India
Jotun India is an affiliate of the famous Jotun Group, an important player in the coatings and paints business worldwide. The Jotun Group, with its corporate office in Norway, has an international network in over 100 countries.
In India, Jotun provides a wide range of products and services, that includes decorative paints, protective coatings, marine coatings, and powder coatings.
With a reviewed income of approximately INR ₹1,000 crore i.e., USD 135 million and a profit margin of 9%, it holds a strong position in the market.
Products:
- Primar
- Finisher
- Exterior
- Interior
- Wall Putty
- Coating
Company Details:
- Founder: Morten Fon(CEO)
- Founded In: 2001
- Website: www.jotun.com/in-en
- Headquarters: Mumbai, Maharashtra
9. Retina Paints
Retina Paints Limited is a widely listed paint company in india that was founded on November 1, 2010. This company is classified as a public limited company and is located in Rangareddi, Telangana.
The authorized share capital equates to INR 20.00 cr, while the total paid-up capital stands at INR 13.94 cr. In 2022, Retina Paints transformed by becoming a Public Limited Company, paving the way for its expansion into new markets.
Retina Paints Limited’s operating revenues for the financial year ending on 31 March 2023 are expected to be between INR 1 crore and 100 crore.
Products:
- Emulsions
- Primar
- Putty
- Enamels
Company Details:
- Founder: Rakesh Dommati
- Founded In: 2001
- Website: www.retinapaints.com
- Headquarters: Hyderabad, Telangana
10. British Paints
British Paints is a well-known paint company in India that was founded in 1947. With our broad range of Industrial and Construction coatings, they quickly became a leading Paint Manufacturer in India. In 1983, we were renamed as Berger Paints.
In 2009, the initial brand name was reintroduced as a Strategic Business Unit (SBU) of Berger Paints India Limited. Based in Delhi, they have had success with a wide range of project verticals in both the industrial and retail sectors.
The company has a vast network of branch offices and channel partners across the country. They offer various kinds of decorative and industrial paints and coatings, all manufactured at their dedicated units in Uttar Pradesh, Jammu & Kashmir, Andhra Pradesh, and Assam.
Products:
- Decorative Paints
- Industrial Products
- Warranty Products
Company Details:
- Founder: James Wilfred Adamson
- Founded In: 1919
- Website: www.britishpaints.in
- Headquarters: Delhi/NCR, New Delhi
Conclusion
Ultimately, the paint industry in India is dominated by several long-standing companies that have a proven track record of delivering top-notch products over many years.
Asian Paints, Berger Paints, Kansai Nerolac, and Akzo Nobel (Dulux) are major brands in the market, known for their broad range of paints and coatings designed for various applications.
These companies built a solid reputation and garnered customer loyalty by consistently delivering high-quality products and utilizing extensive distribution networks.
Indigo Paints, Shalimar Paints, and Nippon Paint are among the notable paint companies in India that have made significant contributions to the industry. With the ongoing growth of the Indian construction and real estate sectors, these paint companies can expect to see even more opportunities for growth and invention.
The public in India has a wide range of options when it comes to choosing paint products, as each company provides distinct benefits and features.
For residential, commercial, or industrial purposes, the Indian paint market offers a wide range of high-quality, durable, and visually appealing paint solutions. Customers can find exactly what they need to meet their diverse requirements in this competitive market.
FAQs
1. What are some of India's best paint brands?
Indian paint companies like Asian Paints, Berger Paints, Nerolac Paints, and Dulux Paints are some of the best.
2. How do I get in touch with paint companies in India to ask about their products?
In India, you can get in touch with paint companies through their websites, customer service hotlines, or the shops that are closest to you.
3. Are Indian paint companies known for making good products?
Yes, Indian paint companies are known for making high-quality paints that last a long time and come in many colors and styles.
4. Do paint stores in India sell paint that is good for the environment?
Many paint companies in India sell paints that are safe for the environment, low in volatile organic compounds (VOCs), and don’t harm the paint itself.
