You may have heard about Dulux Paints, Akzo Nobel India Ltd, Berger Paints India Ltd, British Paintings India Ltd, and other paint companies in the country. If so, you may be wondering who the best paint companies in India are and why they are so popular.
These companies provide top-notch quality paint and have a long history of manufacturing in India. To learn more about their history, read on. This article will give you an overview of the 10 best paint companies in India.
Did You Know?
India's paint sector had a transaction value of approximately ₹57 trillion in 2019. Despite being the world's second-largest business, India's paint industry had an export value of over ₹18 trillion compared to an import value of around ₹39 trillion.
10 Best Paint Manufacturing Companies in India
After researching so many paint manufacturing companies, we finally compiled a list of paint manufacturers in India that contains the best paint manufacturers in India.
1. Akzo Nobel India Ltd Dulux Paints
The manufacturer of Dulux paints is headquartered in Kolkata, and the company focuses on mass paints and new niches to narrow the gap with Asian Paints Ltd. Besides extending its premium Dulux brand to mass markets, the company is also launching new speciality paints.
Dulux promises to offer quality and affordability at a competitive price. However, its growth potential may be limited due to the slowing economy. The company has expanded its production capacities in the country by opening a new laboratory in Thane. In addition, the company will invest in research and development to develop new colours and products.
Also Read: A Beginner's Guide on How to Start a Painting Business
2. Berger Paints India Ltd
Among the top industrial paint manufacturers, here’s the second company. Based in Kolkata, West Bengal, India, Berger Paints Ltd is a multinational paint company with 16 manufacturing units across India. It also has two manufacturing units in Nepal and Poland, and Russia. Berger Paints India Ltd's primary product is enamel paint.
The company produces various types of paint, including speciality colours and emulsions. Its products are sold globally, including in the United States, China, Japan and Germany.
Berger Paints India is a leading manufacturer of decorative and industrial paint products. It has seven manufacturing facilities and over fifty sales depots across India. It has over 4,000 workers and more than 15,000 dealers in India and abroad.
Its sales are split into four categories: architectural/decorative coatings, automotive and general industrial, protective coatings and powder. The company also operates a joint venture in Chandigarh with SBL Specialtatings Private Limited.
3. Asian Paints Ltd
While the company is an undisputed leader in the Indian market, Asian Paints has made significant strides in international markets. In the first quarter of the fiscal year 2019-20, Asian Paints reported stellar growth in volumes and margins, despite the ongoing slowdown in demand.
In addition to challenges domestically, Asian Paints has also made a significant investment in innovative products, using design thinking to appeal to consumers.
A key component of Asian Paints' marketing strategy is its ability to connect with consumers on an emotional level. For example, the company's advertising campaign shows paying guests as equal to family members and bringing them closer to their landlords.
4. British Paints India Ltd
On the 4th number of the best paint manufacturers in India, British Paints India is present. The history of British Paints dates back more than a century, and the company's brand name is found in every corner of the country. The company's culture of responsibility and social responsibility is evident in its efforts to create a better version of itself in every aspect of its operations.
As a result, it has successfully launched various products in its industrial and decorative coatings ranges. The brand aims to meet the diverse needs of consumers and give them 100% protection.
With over 12,000 channel partners and fifty-six branch offices in India, British Paints has a well-established presence in the Indian paint industry.
5. Kansai Nerolac Paints Ltd
Kansai Nerolac Paint Limited (KNPL) is India's third-largest decorative and industrial paint company. It is based in Mumbai. KNPL produces a wide variety of colours for both indoor and outdoor applications. The company's products include house paints, decorative paints and masonry paints.
The company was established in 1969 and was formerly known as Goodlass Nerolac Paints Ltd. In 1976, Forbes Gokak acquired a portion of the company's foreign holdings. In 1986, the company signed a technical collaboration agreement with Nihon Tokushu Tokyo Co. Ltd., a Japanese company. In 1999, the company changed its name to Kansai Nerolac Paints Ltd. and expanded into new areas.
6. Indigo Paints Ltd
Founded in 2000, Indigo Paints has grown into one of India's fastest-growing paint companies, ranking fifth in revenue generation within the decorative paint industry. Indigo Paints has decentralised its operations with an extensive distribution network across India, and Mahendra Singh Dhoni is a brand ambassador for Indigo Paints.
The company manufactures various decorative paints and finishes, including emulsions, wood coatings, primers and floor emulsions. Indigo Paints Ltd. has a low attrition rate, a young, dynamic team and a lean organisational structure. As a result, team members have a high degree of autonomy, ownership and responsibility.
The company promotes a positive work environment, and profit-sharing is a concept. Despite various challenges, Indigo Paints has grown steadily during the past five years, demonstrating its reliability and sustainability. Its shares are currently trading at over 100 times earnings estimates, and investors are riding the rally and trying to get out before the shares are correct.
7. Nippon Paint India Pvt Ltd
Nippon Paint India Pvt Ltd is a subsidiary of Nippon Paint, a Japanese multinational company with over 136 years in the paint business. Besides adhesives and surface treatment chemicals, the company manufactures paints for residential buildings, ships and industrial products.
The company's manufacturing operations are spread across Asia, North America and Europe. Its products are environmentally friendly and safe for use in residential and industrial applications.
Black Japan Paint is one of India's most widely used car paints, and it is a popular colour for the interior and exterior of the car and in high-end interior design. Black Japanese paint is available in various colours, so the company's products are highly versatile and long-lasting. These coatings can be applied to any car, from classic cars to exotic sports vehicles.
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8. Sheenlac Paints Ltd
Sheenlac Paints Ltd. is an Indian company that manufactures a range of industrial, wood, automotive and decorative paints. The company was founded in 1962 and has since grown into the fifth largest paint company in India.
In 1983, Sheenlac launched Thinners in Pet Bottles, a first in the Indian market. In 1994, Sheenlac appointed Mr Sudhir Peter as Sales Director and has since received numerous certifications. He has since been involved with its marketing efforts and aims further to expand its presence in the Decorative Paints market. Sheenlac is among the top paint brands in India.
The company's diverse product line consists of paints for wood, melamine wood finishes and polyurethane finishes. In addition to paints, Sheenlac also produces wood polishes, stains and thinners. The company has over one thousand vendors in India and is a pioneer in manufacturing wood finishes.
Also Read: HSN Code for Paints - Importance & HS Codes with GST Rates
9. Shalimar Paints Ltd
Shalimar Paints Ltd. specialises in manufacturing decorative paints and industrial coatings. Its products are widely used across different industries and are made to last a lifetime. Shalimar Paints is one of India's largest companies by volume and has been in business since 1978.
In the early 1970s, the company had trouble regaining its former glory, but it was tapped by the end of the 1970s by Indian promoters for the first time. The company had previously been based in Kolkata but was acquired by the O.P. Jindal Group, which had interests in steel, real estate, and hospitality. The company was also suffering from competition in the market, as Asian Paints had already taken its place.
10. Snowcem Paints Pvt Ltd
Snowcem Paints Pvt Ltd is a well-known brand in India's interior and exterior painting industry. For more than fifty years, the company has been in business and is now India's leading cement paint manufacturer.
George Lillington founded this privately owned company in Mumbai and now operates from its headquarters there. This company offers a variety of paints for various surfaces, including interiors, walls and textured fabrics. Its products are also used to manufacture plastics, acrylics, and cement.
The brand is a part of the Saurashtra Cement Limited, a multinational company that markets the renowned brand 'Hathi Cement' in Gujarat. The brand is dedicated to providing lasting protection along with aesthetic beauty. Their products stand strong for their value, making them a great choice for interiors and exteriors.
Conclusion
When you're looking for a paint company in India, you want to find one based in the country. This article listed some of the biggest names in the business, and this article has provided information on these companies and what makes them stand out.
Once you've decided which company is right for your needs, you can look for reviews online or in your local newspaper to learn more. Are you thinking of opening a painting business? Platforms like Khatabook can be highly helpful in keeping all your income and spending transactions reports handy. We hope you liked the list of paint manufacturers in India in this guide.
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