The company has come a long way since its small beginnings in 1942. It was set up as a partnership firm by four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967. Today, it is double the size of any other paint company in India. Asian Paints manufactures a wide range of paints for decorative and industrial use and also offers Wall Coverings, adhesives and services under its portfolio.
The company is also present in the Home Improvement and Decor segment and offers bath and kitchen products. The company also introduced lightings, furnishings and furniture in its portfolio. In the Health and Hygiene segment, Asian Paints offers range of Sanitizers and Surface Disinfectants.
“To be the fore runner of inspiring décor and to actively empower customers to create their dream homes”
Non-Executive Chairman
Non-Executive Director
Independent Director
Independent Director
Non-Executive Vice Chairman
Non-Executive Director
Independent Director
Independent Director
Non-Executive Director
Non – Executive Director
Independent Director
Managing Director & CEO
Independent Director
Independent Director
Click here to view the Appointment Letter issued to Independent Directors.
Click here to view the Composition of Committees of Board of Directors.
With Profound grief and sorrow, we inform that Shri Ashwin Chimanlal Choksi, Chairman, Asian Paints Limited, left for heavenly abode on 19th September, 2018 after a brief illness.
Shri Ashwin Choksi was associated with the Company since 1965. He became the Managing Director of the Company in 1984. As an Executive Chairman for more than a decade, he pioneered to imbibe the best governance standards with entrepreneurship in the Company. He stepped down as Executive Chairman of the Company in 2009 and continued to hold the position of Non-Executive Chairman since then.
He was a humble and down to earth individual who led the Company without being in the limelight.
Shri Ashwin Choksi was instrumental in strengthening the symbiotic relationship between entrepreneurs and professionals in the Company and promoted a culture which valued equity and fairness, thus enhancing stakeholder value. He was extremely passionate about social causes and undertook many philanthropic activities especially in the areas of education and health.
His sad demise is an irreparable loss to the Company. The Board of Directors, employees and all Asian Paints’ associates express deep condolences and pay tribute to a great visionary. We pray for the departed soul to rest in eternal peace.
The company has come a long way since its small beginning in 1942. Four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time set it up as a partnership firm. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967.
Asian Paints is India’s leading paint company with a group turnover of Rs 202.1 billion. The group has an enviable reputation in the corporate world for professionalism, fast track growth, and building shareholder equity. Asian Paints operates in 15 countries and has 26 paint manufacturing facilities in the world servicing consumers in over 60 countries. Besides Asian Paints, the group operates around the world through its subsidiaries Asian Paints Berger, Apco Coatings, SCIB Paints, Taubmans, Causeway Paints and Kadisco Asian Paints.
Asian Paints manufactures wide range of paints for Decorative and Industrial use.
In Decorative paints, Asian Paints is present in all the four segments v.i.z Interior Wall Finishes, Exterior Wall Finishes, Enamels and Wood Finishes. It also offers Water proofing, wall coverings and adhesives in its product portfolio.
In the Industrial coatings space, Asian Paints operates through two 50:50 joint ventures with PPG Inc, USA., one of the largest automotive coatings manufacturer in the world. The first Joint Venture ‘PPG Asian Paints Pvt Ltd’ services the increasing requirements of the Indian automotive coatings market. The second JV ‘Asian Paints PPG Pvt Ltd’ services the protective, industrial powder, industrial containers and light industrial coatings markets in India.
Vertical integration has seen Asian Paints diversify into chemical products such as Phthalic Anhydride and Pentaerythritol, which are used in the paint manufacturing process. The company has discontinued production of Phthalic Anhydride from end of July 2017.
In the Home Improvement and Décor category, the company is present in the Kitchen and Bath fittings space and offers various products under Sleek and Ess Ess brand respectively.
New Categories/Offerings
The company has recently launched ‘Viroprotek’ range of hand, Surface and space sanitizers and disinfectants. It is also offering ‘San Assure’ a sanitization service and ‘Safe Painting’ service for its customers.
Asian Paints has also recently launched range of Furniture, Furnishings and Lighting Products under three brands - Nilaya, Royale and Ador, thus offering wide spectrum of offerings in the ‘Home Décor’ category.
It has also launched ‘Beautiful Homes Service’ - an exclusive end-to-end solution that provides consumers a personalized interior design service with professional execution to create their dream homes.
Today, the Asian Paints group operates in 15 countries across the world across four regions viz. Asia, Middle East, South Pacific and Africa through the eight corporate brands viz. Asian Paints, Asian Paints Berger, SCIB Paints, Apco Coatings, Taubmans, Asian Paints Causeway and Kadisco Asian Paints.
Asian Paints in India, Bangladesh, Nepal, Sri Lanka and Indonesia (Asia)
Asian Paints Causeway in Sri Lanka (Asia)
SCIB Paints in Egypt (Africa)
Asian Paints Berger in UAE, Bahrain and Oman (Middle East);
Apco Coatings in Fiji, Tonga, Solomon Islands and Vanuatu (South Pacific)
Kadisco Asian Paints in Ethiopia (Africa)
Taubmans in Fiji and Samoa (South Pacific)
Asian Paints with its intent to enter the Home Improvement and Décor space in India had acquired 51% stake in Sleek group, a kitchen solutions provider in August 2013. Sleek is a major player in the organized modern kitchen space and is engaged in the business of manufacturing, selling and distribution of modular kitchens as well as kitchen components including wire baskets, cabinets, appliances, accessories etc. Recently, the company has launched ‘Smart Kitchen’ range for easy installation and design under the Sleek brand. Sleek has also introduced wardrobes in its portfolio since FY17. In December 2017, Asian Paints acquired the balance 49% in sleek from its erstwhile promoters. Sleek is now a wholly owned subsidiary of the company.
In June 2014, Asian Paints acquired the entire front and sales business including Brands, Network and Sales Infrastructure of Ess Ess Bathroom products Pvt Ltd. Ess Ess is a prominent player in the bath segment in India and has high quality products in this segment. Recently, the company has introduced ‘Royale’ – premium range of bath fittings as well as ‘Bathsense’ – sanitary ware range of products for the evolving consumer.
Both, the Kitchen and Bath business have been co-branded with Asian Paints.
Asian Paints along with its subsidiaries have operations in 15 countries across the world with 26 paint manufacturing facilities, servicing consumers in over 60 countries
Country No. | Countries | Manufacturing Plants | Location/Operating Brand |
|
|||
South Asia |
|||
1 |
India |
10 |
Ankleshwar & Sarigam (Gujarat), Patancheru (Telangana), Kasna (Uttar Pradesh), Sriperumbudur (Tamil Nadu), Rohtak (Haryana), Khandala & Taloja (Maharashtra), Mysuru (Karnataka), Visakhapatam (Andhra Pradesh) |
2 |
SriLanka |
2 |
Asian Paints (1) , Causeway Asian Paints (1) |
3 |
Nepal |
2 |
Asian Paints |
4 |
Bangladesh |
1 |
Asian Paints |
|
|||
South East Asia |
|||
5 |
Indonesia |
1 |
Asian Paints |
|
|||
South Pacific |
|||
6 |
Tonga |
|
Apco Coatings |
7 |
Fiji |
1 |
Apco Coatings & Taubmans |
8 |
Samoa Islands |
1 |
Taubmans |
9 |
Vanuatu |
|
Apco Coatings |
10 |
Solomon Islands |
|
Apco Coatings |
|
|||
Middle East |
|||
11 |
Oman |
1 |
Asian Paints Berger |
12 |
Bahrain |
1 |
Asian Paints Berger |
13 |
Dubai |
1 |
Asian Paints Berger |
14 |
Egypt |
2 |
SCIB Paints |
Africa |
|||
15 |
Ethiopia |
3 |
Kadisco Asian Paints |
Total |
26 |
|
We are inclusive of our communities through a range of social interventions, enhancing skills and building social infrastructure to improve their quality of life.
While our CSR approach focuses on the development of communities around the vicinity of our plants, we have also developed innovative programs that leverage our capabilities as a paint manufacturer and home improvement service provider to enhance livelihoods of underserved communities through vocational training and skills development.
CSR Focus Areas and Initiatives
Our CSR Policy focuses on four thrust areas
Education
Skills Development
Healthcare/Hygiene and
Water Management
Education
Asian Paints recognizes the importance of education as a powerful means to reduce poverty and social inequality and hence this is a key impact area in our growing CSR practice. We are committed to promoting access to quality education particularly for disadvantaged communities that are located around our facilities.
Our interventions include:
Adoption and Infrastructure Development of Schools
Upgradation of school building
Providing Chairs, Benches and other classroom aids
Setting up libraries and science laboratories
Enrolling students and community leaders on the importance of education
Provision of Educational Resources to Students in the form of
Training on computer usage
Coaching assistance for Competitive Examinations
Training girls in Self-Defense Techniques
Workshops to enhance Soft Skills
Scholarships for Higher Education
Our educational programs are implemented through our project partners and are aimed at supporting every stage of a child’s educational cycle and preparing him to move from childhood to livelihood.
Skills Development - Vocational Training
In keeping with national developmental goals on skills development, Asian Paints is committed to providing vocational training to improve skills in the unorganized sector. We aspire to provide vocational and skill based training to painters, applicators, carpenters and workers, to enhance their employability and improve their livelihoods.
The Asian Paints Colour Academy - Transforming the trade & lives - everyday.
Focus on Skilling & vocational
Technical knowledge distribution
Productivity & Livelihood Enhancement
Provide Recognition, respect
The Asian Paints Colour Academy is equipped with modern facilities like fully equipped classroom with modern A/v facilities, clean and fully equipped modern workshops for hands on trainings, inspiration area & contractor resource centre in order to continually upskill existing painters into specialists.
The Academy also provides vocational training to unskilled youth on basic and specialized painting techniques to enable them to earn a decent living. The Colour Academy operates in 3 formats:
Fixed Colour Academy at Mumbai, Delhi – West, Delhi – East, Bangalore, Chennai, Kolkata, Ahmedabad, Pune, Hyderabad, Cochin & Gorakhpur
Mobile Colour Academy at Kerala & South TN, Punjab & Chandigarh, Rest of Maharashtra, Uttar Pradesh, North East, Bihar & Jharkhand, Gujarat & West MP, East UP & East MP & Chhattisgarh, Rest of Karnataka, Coastal AP & Odisha.
Hypermobile (earlier known as ‘Royale Play trainer’)
Asian Paints has partnered with the National Skills Development Corporation (NSDC) to strengthen the delivery of this program to both unskilled and semi-skilled individuals. While Asian Paints provides technical know-how, prepare training content and deliver training modules, NSDC monitors, evaluates and certifies participants who complete the training program. On successful completion, participants are awarded an NSDC certification based on National Occupation Standards set by NSDC’s Construction Sector Skills Council. Painter training is structured professionally and includes a mix of theoretical, practical demonstration and hands-on learning with a regular schedule of assessment to track progress. All courses delivered are aligned to NSDC’s National Occupational Standards certification. All courses are certified by the Govt. of India. The contractors can undergo advanced trainings at a later stage in their city. Asian Paints has till now given NSDC certifications to 9000 painters/contractors.
Colour Academy is now transforming itself into a pure vocational training setup delivered through a collection of modules – which together enhance specific skills. This will equip individuals with self-employable skills or develop specialist skills to provide additional painting and allied services. Going forward we plan to further expand the scope of this project.
Healthcare and Hygiene
With a growing population, sanitation and healthcare have become central to India’s development agenda. By directing resources towards access to healthcare, better sanitation facilities and hygiene, we look to support interventions that include :
Primary Healthcare Support
Free Medical Camps for Rural Communities
Setting up of Rehabilitation Centres
Development of Hospital Labs
Provision of Mobile Medical Units and Ambulances
Implementing Sanitation Projects
Awareness programs for communities on Health and Hygiene
Ongoing program ‘Safar’ improves Health and Awareness among truck drivers
Providing access to Safe Drinking Water
Healthcare support through Localized Medical Camps
Rural communities residing around our plants lack access to basic healthcare facilities. We provide healthcare support through periodic medical check-ups and diagnosis camps that are facilitated by specialists and trained doctors. Patients who require further medical care and treatment are referred to local hospitals.
All expenses related to medical camps or treatment charges at the hospital are borne by Asian Paints and employees actively volunteer and participate in organizing the medical camps by campaigning for the program, coordinating with project partners and helping with logistics.
Providing and Improving Sanitation Facilities
For the underserved communities around our plants, we have partnered with local organizations to help build toilets and improve sanitary conditions. By identifying homes through the Panchayat head, and requests from under privileged families, we support the project and are directly involved in its structuring, location selection, customization, execution and awareness building sessions to educate beneficiaries on proper maintenance. The toilets are designed to promote hygiene as they require minimal maintenance and have leach pits to convert domestic waste into manure.
Water Conservation
Livelihoods, food security and local socio-economic development are linked to the availability of adequate amounts of clean water. In the Indian context, the problem of water scarcity is further complicated by population growth, urbanization and industrialization. We believe it is our responsibility to judiciously use and help conserve this precious resource. Our approach includes providing support and infrastructure at each stage of water conservation, water preservation, water re-charge and waste water treatment.
Water is a critical input in our manufacturing process. We are conscious of our dependence on water and have strived to optimize our water consumption by implementing a range of water conservation projects, waste water treatment, reusing process water and water recharging initiatives at all of our manufacturing facilities.
Our key interventions include:
Awareness on water conservation in schools and nearby villages
Installation of roof top rainwater harvesting and recharge systems in village communities and schools
Promoting integrated watershed development in areas around manufacturing locations
Water recharge through de-silting of lakes.
To view our CSR policy, click here.
BR Reports
- We shall comply with all statutory and other applicable requirements.
- We shall provide products and services that meet stated standards on time, every time.
- We shall continually improve our processes to understand changing stakeholder needs and preferences including statutory changes and use the same as input for periodically reviewing and revising performance standards of our products and services.
- We accept Zero Defect as a quality absolute and shall design and operate our quality system accordingly.
- We shall organize our work practices to do a job right the first time, every time.
- We are committed to continual improvement in quality in all business processes and shall track such improvement through measurable indicators.
EC Letter - APL Penta Plant, Cuddalore
EC Compliance - APL Penta Plant
Environment Statement - APL Penta Plant
Environment Statement - APL Penta Plant
EC Compliance - APL Penta Plant
EC Letter - APL Penta Plant Cuddalore-6720 TPA
Environmental Statement-APL Penta Plant
EC compliance APL Penta Captive Power Plant
Penta Environment Statement – Form V
Penta Half Yearly Compliance Report
EC Compliance – APL Penta Plant Oct 16 - Mar 17
Environmental Clearance - Penta - Asian Paints - 24 April 2018
Penta Half Yearly Compliance Report- Apr 18 – Sep 18
Bio Medical Waste Generation 2017
Bio Medical Waste Generation 2018
Bio Medical Waste Generation 2019
Environmental Clearance Letter-Ankleshwar
Environmental Clearance Letter-Kasna
Environmental Clearance Letter-Khandala
Environmental Clearance Letter-Mysuru
Environmental Clearance Letter-Patancheru
Environmental Clearance Letter-Rohtak
Environmental Clearance Letter-Vizag
Half Yearly Compliance Report-Ankleshwar
Half Yearly Compliance Report-Kasna
Half Yearly Compliance Report-Khandala
Half Yearly Compliance Report-Mysuru
Half Yearly Compliance Report-Patancheru
Asian Paints is committed to manage its operations including deployment of resources using principles of sustainable development to minimize impact on the environment and communities.
- We shall comply with all statutory requirements. We consider compliance with statutory EHS requirements as the minimum performance standard and are committed to go beyond and adopt stricter standards. We shall work in partnership with the government and industry associations for policy and regulatory reforms related to the environment. We shall annually publish our environmental performance to all stakeholders.
- We shall source our materials and products from vendors that comply with the child labor laws and other statutory regulations.
- We shall continually improve our products with an intention to reduce their environmental footprint. We shall inform the customers about the environmental impact and safe use of our products.
- We are committed to protecting the environment.
- Adhering to the highest operational standards for handling hazardous materials.
- Preventing Pollution & leveraging the 3R (Reduction, Recycle, Reuse) principle and moving towards zero industrial effluent generation and zero hazardous solid waste generation.
- Minimizing impact of end-of-life plastics generated out of our packaging material.
- Reducing energy-intensity, carbon-intensity and increasing contribution of energy from renewable sources.
- Leveraging rainwater harvesting, water conservation & water replenishment and utilizing wastewater as an alternate source.
- Nurturing biodiversity within and outside our factory premises.
- We are committed to continual improvement in environment-related parameters in all business processes and shall track such improvements through measurable indicators.
Asian Paints is committed to ensure safety and protect health of its employees, service providers, visitors, neighboring communities and customers.
Scope and applicability of the Policy:
This Health and Safety Policy is applicable to all the operating sites of Asian Paints, its subsidiaries and joint ventures (where Asian Paints has Management Control). The operating sites include Plants, Research & Technology facilities, Offices, Distribution, Sales depots, Retail Sales & Services and Project Sales. This policy is applicable at work, travel between home and work of employees, business related travel including stay and all Company organized business events
Objectives of the Company Management shall be to:
1. Comply with all applicable health and safety statutory regulations.
2. Move towards Zero Injuries, Zero Occupational illnesses and Zero incidents of Property Damage
3. Comply with the applicable Safety Manual to achieve its safety, health and wellbeing objectives.
The Company Management shall:
1. Ensure compliance with all applicable health and safety legislations and relevant standards.
2. Integrate safety, health and wellbeing into all business processes.
3. Ensure that all activities across the value chain are conducted as per the defined health and safety procedures, including:-
a. Selection and evaluation of suppliers, contractors and other service providers,
b. Research leading to development of new products and services
c. Design, engineering, construction and commissioning of new projects,
d. Adopting principles of inherent safe design,
e. Operating and maintaining plants and other facilities in accordance with the designated safety criteria throughout their working life
f. Distribution of products
g. Technical service at customer sites and other consumer interfaces
4. Educate customers on safe use of products.
5. Provide safe and healthy working conditions for the prevention of work-related injury and ill health of employees and service providers.
6. Ensure that adequate resources, support and supervision are provided to employees and service providers to carry out their job safely and to continually upgrade health and safety standards.
7. Conduct risk assessments, safety audits and safety inspections at prescribed frequency and take all remedial measures to eliminate hazards and reduce occupational health and safety risks, arising out of operations.
8. Implement Behavior Based Safety Program in order to inculcate safety as a personal value
9. Maintain a comprehensive On-Site Emergency Plan and related facilities to handle emergencies.
10. Assess competence of individuals in the area of safety during recruitment and career advancement.
11. Define roles and responsibilities of employees in the safety organization of the plant / facility / operations.
12. Keep employees and service providers informed, educated, trained and retrained on safety, health and wellbeing to ensure safe conduct of their jobs.
13. Establish mechanisms for consultation with employees and their representatives, contractors, suppliers, customers, local communities, neighbors and regulators to promote safety and building a safe work culture.
14. Establish mechanisms for participation of employees including their representatives wherever applicable
15. Ensure that each employee including contractors and visitors comply with all safety rules and regulations framed for the operation.
16. Extend all possible help to industries / depots / offices around Asian Paints Operations in case of emergencies.
17. Provide a resume of health and safety performance in the Company annual report.
The Company shall ensure effectiveness of this policy through:
1. Setting goals and objectives on safety, health and wellbeing and review these periodically to ensure that these are being met.
2. Analysis of health and safety incidents, identification of root causes and implementation of corrective and preventive actions (CAPA).
3. Appropriate action, in case of a violation by an employee, as per rules and procedures framed for the purpose.
4. Review of this policy annually or on significant changes in the business.
5. Periodic review of the safety, health and wellbeing standards for their continued appropriateness and effectiveness.
APCO is a subsidiary of Asian Paints in the South Pacific islands. Asian Paints operates in Fiji, Tonga, Solomon Islands and Vanuatu under the brand name of ApcoCoatings.
Founded in 1979, SCIB Paints is today a reputed name and ranks amongst the top five paint companies in Egypt. SCIB Paints became a part of the Asian Paints group in August, 2002.
PPG Asian Paints, (earlier known as Asian PPG Industries Pvt Ltd.), established in March 1997, is a 50:50 joint venture between Asian Paints Limited and PPG Industries, Inc., USA. It was formed with the objective of providing solutions to the paint requirements of Indian automobile manufacturers. The joint venture brought together two leading companies with strengths in technology, manufacturing and customer insight.
Asian Paints PPG (AP PPG), the second 50:50 joint venture with PPG Industries, Inc., USA was formed in 2012. This joint venture caters to the market for protective coatings, floor coatings, road marking paints and powder coatings.
Taubmans Paints Fiji, the fourth largest paint company in Fiji, became a part of the Asian Paints family in September, 2003. Taubmans Paints is the dominant player in the project sales segment in the country and is a leader in the neighbouring Samoa Islands. It has two manufacturing facilities, one in Suva (Fiji) and the other in Samoa
As part of strategic initiative in the direction of home improvement and décor, Asian Paints identified the modern kitchen space as a key opportunity to be explored in synergy with its existing line of decorative paints business in India. In August 2013, Asian Paints acquired a 51% stake in the Sleek Group, which is a major player in the organised modern kitchen space with a pan-India presence. The company is engaged in manufacturing, selling and distributing modular kitchens as well as kitchen components including wire baskets, cabinets, appliances, accessories, etc.
As part of our continued efforts to partner people in creating beautiful homes, we present Ess Ess Bath Fittings and Accessories by Asian Paints - a smart and intriguing world of ergonomic and innovative bath concepts. Expect nothing but the best because Ess Ess, the bath fittings and accessories expert, is now a part of the Asian Paints family. From delicately crafted faucets to luxurious showers, and engineered-to-perfection accessories - every product in the range has been designed to impress.
In February 2015, Kadisco, one of the leading paint companies in Ethiopia became part of the Asian Paints group. Kadisco is engaged in the manufacture and sales of decorative paints, industrial paints, automotive paints, other coatings and adhesives in Ethiopia.
Since its foundation in 1942, Asian Paints has come a long way to become India’s leading and Asia’s third largest paint company, with a turnover of Rs 168.43 billion. We operate in 16 countries and have 27 paint manufacturing facilities in the world, servicing consumers in over 65 countries.
In the Middle East too Berger is a well-respected brand. It is the largest paint company in Bahrain. Using its state-of-the-art manufacturing facilities there, and in United Arab Emirates, it exports to countries in the Commonwealth of Independent States, Gulf Cooperation Council and Africa
Asian Paints Berger has a strong manufacturing base in the Middle East, with dedicated plants in Dubai, Sohar, and Bahrain.