Top 10 Paint Companies in India 2021- Based on their market capitalization.

Paint Companies in india

In this list you will find the top 10 paint companies in India which are leading in the Indian market and providing a variety of paints, we have selected the top 10 paint companies in India for you which are help you to enhance your house.

The paint companies in India companies have shown tremendous growth over the past few years. As a result of The Indian paint, companies have become Asia’s fastest-growing paint market.

Paints companies in India Also play a key role in the world of infrastructure, painting enhances the visual appeal of the environment and home.

Globally, the Paint market was worth $154 billion US dollars in 2020 and is expected to grow by 5.36% by 2024It is projected to reach $203 Billion by 2025, at a CAGR of 5% during the forecast period.

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Top 10 Paint Brands in India 2021- Based on their market capitalization.

Top 10 Paint Companies in India 2021- Based on their market capitalization.
Top 10 Paint Companies in India 2021- Based on their market capitalization.

Top 10 Paint Companies In India


Asian Paints

Top 10 Paint Companies in India 2021- Based on their market capitalization.
TypePublic
Founded1, February 1942; 79 years ago
FoundersChampaklal ChokseyChimanlal ChoksiSuryakant DaniArvind Vakil
HeadquartersMumbai, Maharashtra, India
Key peopleAshwin Dani (Chairman)Manish Choksi(Vice-Chairman)Amit Single(CEO)  
Revenue ₹20,515 crore (US$2.9 billion) (2020)
Number of employees7,600+ (2020)
WebsiteWww.asianpaints.com

The Asian Paints Ltd company was founded in Mumbai, Maharashtra in 1951. The company produces, distributes, and sells paints, coatings, and home decor products, as well as bath accessories. Asian Paints has been ranked in the first position out of the top 10 paint companies in India as well as Asia’s third-largest paints company, Asian Paints has operations in India, Bangladesh, and Srilanka. The Asian Paints holding company is owned by Berger International. As of January 31, 2019, the company has generated 17,194.1 crores in revenues and 2654 crore in profits. A large percentage of the company’s manufacturing operations are located in South Asia and the Middle East, with a significant presence in India.

Through its subsidiaries, the company has 26 manufacturing facilities spread across 15 countries serving customers in over 60 countries.


Berger Paints

Top 10 Paint Companies in India 2021- Based on their market capitalization.
TypePublic
FoundedDecember 17, 1923; 97 years ago
FounderLewis Berger
HeadquartersKolkata, West Bengal, India
Key peopleKuldip Singh Dhingra (Chairman)Abhijit Roy (MD & CEO)
Revenue₹6,365.82 crores (US$890 million) (2020)
Number of employees3,600 (2020)
Websitewww

The Berger Paints Limited was founded in Kolkata, India in 1957, by an Indian businessman. There are 16 manufacturing facilities in India, two in Nepal, one each in Poland and Russia. Howrah and Rishra, Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, Jejuri, Jammu,[ Puducherry and Udyognagar are its manufacturing bases. Berger Paints has been ranked in the second position out of the top 10 paint companies in India. there are five countries that the company operates in India, Russia, Poland, Nepal, and Bangladesh. Over 3,600 employees work at the company, which has a network of 25,000+ dealers countrywide.

Berger Paints India also operates a facility in Nepal, apart from its operations in Russia and its facilities at the Krasnodar manufacturing plant. Likewise, they made an acquisition of Bolix SA of Poland, which provides exterior insulation finishing systems (EIFS) in Eastern Europe.


Kansai Nerolac Paints

Top 10 Paint Companies in India 2021- Based on their market capitalization.
TypePublic
Founded1920
HeadquartersMumbai, Maharashtra,  India
Key people H.M.Bharuka (MD)
Revenue ₹5,305 crores (US$740 million) (2020)
Number of employees 2,992 (2020)
ParentKansai Paint
WebsiteNerolac

Kansai Nerolac Paints Limited is an Indian company with its headquarters in Mumbai (formerly called Goodlass Nerolac Paints Ltd.) It is India’s third-largest industrial paint and also the third-largest decorative paint company. The company is owned by Kansai Paint of Japan. Its business areas include industrial, automotive, and powder coating. Nerolac Paints has been ranked in the third position out of the top 10 paint companies in India. This company develops, manufactures, and distributes paint systems for electrical components, cycles, material handling equipment, bus bodies, shipping containers, and furniture.

There are six paint manufacturing plants at Kansai Nerolac Paints and about six-seven contract manufacturers at this company. The Nerolac owned plants are at 

1. Jaipur, Kanpur Dehat (Uttar Pradesh)

 2. Bawal (Haryana) 

3. Lote, Chiplun (Maharashtra) 

4. Hosur (Tamil Nadu) 

5. Sayaka (Gujarat) 

6. Goindwal (Punjab) 

7. Visakhapatnam (Andhra Pradesh) (Upcoming )

A number of collaborations between Kansai Nerolac Paint Ltd. and other industry leaders have been made, including one with. Products of duplication.

India’s Third largest paint manufacturer leads the industrial paints segment with a market share of more than 14%. With a modest market share of 13%, the company ranks third in the decorative paints segment. The decorative segment of the paints industry in India accounts for nearly 75% of its revenues.


Dulux Paints Akzo Nobel

Top 10 Paint Companies in India 2021- Based on their market capitalization.
Introduced1931; 89 years ago (in the UK)
HeadquartersAmsterdam, Netherlands
Key peopleThierry Vanlancker (CEO)
Nils Smedegaard Andersen (Chairman of the supervisory board)
Revenue$8.53 billion (2020)
Number of employees32,200 (2020)
Websitewww.Dulux.com

Dulux is a paint brand available throughout the world. Since 1931, Imperial Chemical Industries (ICI) and DuPont have shared the same brand name as Dulux, which was the first alkyd-based paint. The product is manufactured by AkzoNobel (originally produced by ICI before 2008), although PPG Industries now serves the United States market. The AkzoNobel company, trading as Akzo Nobel, which manufactures Dulux Paint offers paint and performance coatings for both industry and consumers around the globe. With operations in more than 80 countries, the company employs more than 32,000 people and has its headquarters in Amsterdam.

The sales amount in 2020 was €8.5 billion. Dulux Paints has been ranked in the fourth position out of the top 10 paint companies in India 2021 as well as Dulux is the fourth largest paint company in India.

As of late 2019, DuluxGroup became a company under Nippon Paint Holdings, which includes the world’s fourth-largest paint company as well as the largest paint company in the Asia Pacific. This creates new growth opportunities for DuluxGroup.


Indigo Paints

Top 10 Paint Companies in India 2021- Based on their market capitalization.
TypePublic
Founded2000; 21 years ago
FounderHemant Jalan
(Managing Director & Chairman)
HeadquartersPune, Maharashtra, India
Key peopleChetan Humane
(Chief Financial Officer) Suresh Babu
(Chief Operating Officer)
Revenue ₹600 crores (US$84 million) (2019)
Number of employees650 (2021)
Websiteindigo paints

Indigo is An Indian paint company with its headquarters in Pune, Maharashtra, and manufacturing bases in Jodhpur, Kochi, and Pudukkottai, Indigo Paints Limited produces paint for the residential and commercial sectors. India’s Indigo Paints was founded in 2000 by Hemant Jalan to produce cement paint; by 2021, the company manufactured cement paint. This company sells, manufactures, and distributes decorative paints, emulsions, enamels, wood finishes, degradation agents, primers, and putties.

Indigo Paints has been ranked in the fifth position out of the top 10 paint companies in India in 2021.

By 2021, In India Indigo Paints ranked fifth in the decorative paint market in terms of revenue generation. The company announced in December 2019 that it had made its distribution network available in 27 states and seven union territories. The company appointed Mahendra Singh Dhoni as its brand ambassador in 2018.


Shalimar Paints

Top 10 Paint Companies in India 2021- Based on their market capitalization.
TypePublic BSE: 509874
IndustryPaint
Founded1902
FounderAN Turner, AC Wright
HeadquartersGurgaon, India,  India
ProductsPaint
Revenue₹3,673 million (US$51 million)
WebsiteOfficial Webshttps://www.shalimarpaints.com/ite

The Indian paint manufacturer Shalimar Paints is headquartered in Mumbai. A British entrepreneur, AN Turner, jointly founded Shalimar Paints in 1902 as Shalimar Paints Colour & Varnish Ltd with his business partner, AC Wright.  The company manufactures and markets industrial coatings and decorative paints. In India, Shalimar Paints continue to paint buildings and structures such as Howrah Bridge, Rashtrapati Bhawan, Salt Lake Stadium, All India Institute of Medical Sciences, and more. Shalimar Paints Paints have been ranked in the Sixth position out of the top 10 paint companies in India in 2021.

A large manufacturing facility was set up in Howrah, West Bengal, the first manufacturing facility of its type in South-East Asia. AN Turner and AC Wright of Britain sold the company to Pinchin Johnson & Associates of UK in 1928. After Turner Morisson & Co became management in 1963, the company changed its name to Shalimar Paints Ltd.


British Paints

Top 10 Paint Companies in India 2021- Based on their market capitalization.
TypePublic 
FoundedMarch 14, 1881; 140 years ago
FounderJujiro Motegi
HeadquartersOyodo Kita, Kita-ku, Osaka 531-8511 , Japan
Key people(President)Masaaki Tanaka
Goh Hup Jin (Chairman)
Revenue JPY 535.74 billion (FY 2015) (US$ 4.46 billion) (FY 2015)
Number of employees16,498 (as of March 31, 2016)
WebsiteOfficial website

Britannia Paint came to India in 1947, but its history dates back to 1919 in Britain. Since 1983, we have been known as Berger Paints. Due to the wide range of industrial and architectural coatings we manufactured, we gained a lot of popularity in India. ABritishPaints has been ranked in the Seventh position out of the top 10 paint companies in India in 2021

Berger Paints India Limited acquired the brand name in 2009 and reinstated it as a separate business unit. The firm is based in Delhi and has been involved in a variety of industrial and retail projects. Please refer to www.bergerpaints.com for statutory details. The company has more than 50 branch offices spread throughout the country, and its 12,000 channel partners manufacture paints and coatings in Uttar Pradesh, Jammu & Kashmir, Andhra Pradesh, and Assam.


Jotun Paints

Top 10 Paint Companies in India 2021- Based on their market capitalization.
TypePrivate
Founded1926; 95 years ago
FounderOdd Gleditsch sr.
HeadquartersSandefjord, Norway
Key peopleMorten Fon (President and CEO), Odd Gleditsch Jr. (Chairman of the board)
ProductsPaint
OwnerOrkla Group (42.53%)
Number of employees10,000 (2019)
Websitewww.jotun.com

Jotun is a Norwegian multinational chemical supplier that produces mainly decorative paints and protective coatings (marine, protective, and powder coatings).

According to the company, there are over 10,000 employees and 64 subsidiaries in 45 countries as well as 37 production facilities in 21 countries as of the end of December 2019. Jotun Paints has been ranked in the Eight positions out of the top 10 paint companies in India 2021

Jotun was established in Sandefjord, Norway in the early 1920s as a paint and marine provisions merchant. A whaling ship was often berthed in Sandefjord for the summer for repair and maintenance since it used to get a lot of use from the whaling industry. The company’s founder, Odd Gleditsch, was an experienced whaler who felt there was a need for a whaling company in the whaling town. When the paint was first introduced, shops usually sold pigments, turpentine, and linseed oil separately, allowing buyers to blend and buy as they wished.


Nippon Paints

Top 10 Paint Companies in India 2021- Based on their market capitalization.

Founded in 1916, Nippon Paint Holdings Co., Ltd. manufactures paint and paint products. On a revenue basis, it is expected to be the Ninth largest paint manufacturer in India by 2021. Nippon Paints have been ranked in the Ninth position out of the top 10 paint companies in India in 2021.

Jujiro Motegi founded the company in 1881 under the name Komyosha. 1898, Nippon Paint Manufacturing was incorporated and renamed, and in 1927 Nippon Paint became the company’s name. The Nippon Paint Company and Bee Chemical came together in 1954 in a 50/50 joint venture. The company became a wholly-owned subsidiary of Nippon Paint in 2006. The company changed its name to Nippon Paint in October 2014 and it became a holding company. As part of the joint venture in Singapore, the Singaporean paints and coating makers Wuthelam Group increased its stake in Nippon Paint to 58,7% in August 2020.

A Japanese company that has been operating in India for over a decade now is Nippon Paint. In the Indian Premier League, they have sponsored Chennai Super Kings.

TypePublic KK
FoundedMarch 14, 1881; 140 years ago
FounderJujiro Motegi
HeadquartersOyodo Kita, Kita-ku, Osaka 531-8511 , Japan
Key people(President)Masaaki Tanaka
Goh Hup Jin (Chairman)
Revenue$535.74 billion (FY 2015) (US$ 4.46 billion) (FY 2015)
Number of employees16,498 (as of March 31, 2016)
WebsiteOfficial website

Snocern Paints

paint companies in india

The Indian company Snowcem Paints manufactures cement-based paints for masonry exteriors. The company was founded in Mumbai in 1959 and launched several new products by 2008. Since then, sustained growth of the construction industry in India coupled with the launch of several new products has allowed the company to remain independent. In the current situation, Amit Sahai, a well-known name in the ceramics and colour industries, is the newly appointed executive director and will make efforts to propel the company’s growth.

Snowcern Paints has been ranked in the Tenth position out of the top 10 paint companies in India in 2021.

A company formed by George Lillington in Mumbai in 1959 began manufacturing exterior paints to serve the Indian market. A brand named Sandtex was introduced by Snowcem in 1970. It sold well in European markets. Ahead of its acquisition by Asian Paints and Berger Paints India, the company had been the largest manufacturer of cement paint in India between 2002 and 2003, with approximately 25–30 per cent market share in this type of paint.

TypePrivate
Founded1959;
FounderGeorge Lillington
HeadquartersMumbai
Key peopleAmit Sahai, (President and CEO)
ProductsPaint
Number of employees10,000 (2019)
Websitewww.jotun.com

ConclusionIn this list, you will find the top 10 paint companies in India which are leading in the Indian market and providing a variety of paints, we have selected the top 10 paint companies in India for you which are help you to enhance your house.


Top 10 Paint companies in India 2021

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