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ABOUT ASIAN PAINTS

75 Years of Innovation in Paint

HISTORY

All Great Things

Start Small

mascot

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.

Recently the company entered into a definite agreement with Weatherseal Fenestration for acquiring 51% stake.  Weatherseal incorporated in Mar 2022 would be engaged in the business of interior decoration/furnishing, including manufacturing uPVC windows and door systems.  Asian Paints also entered into a definite agreement for acquiring 49% stake in Obgenix Software, commonly known as White Seal.  White Teak is engaged in the business of decorative lighting products and fans.

VISION

Clear Goals for Clear Future

“To be the fore runner of inspiring décor and to actively empower customers to create their dream homes”

Board of Directors

about-us-board-deepak-satwalekar
Mr. Deepak Satwalekar

Non-Executive Chairman / Independent Director

about-us-board-malav-dani

Mr. Malav Dani

Non-Executive Director

about-us-board-vibha-paul-rishi

Ms. Vibha Paul Rishi

Independent Director

Mr. Milind Sarwate

Mr. Milind Sarwate

Independent Director

about-us-board-manish-choksi
Mr. Manish Choksi

Non-Executive Vice Chairman

 

about-us-board-amrita-vakil
Ms. Amrita Vakil

Non-Executive Director

about-us-board-r-seshasayee

Mr. R Seshasayee

Independent Director

about-us-amit-syngle
Mr. Amit Syngle

Managing Director & CEO

 

about-us-board-jigish-choksi
Mr. Jigish Choksi

Non – Executive Director

about-us-board-suresh-narayanan

Mr. Suresh Narayanan

Independent Director

about-us-board-ashwin-dani

Mr. Ashwin Dani

Non-Executive Director

 

Nehal Vakil

 

Ms. Nehal Vakil

Non-Executive Director

about-us-board-pallavi-shroff

Ms. Pallavi Shroff

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.

  • Corporate Information
  • Corporate Citizenship
  • Group Subsidiaries

Corporate Information

Corporate Information

Corporate Profile

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 289 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, Asian Paints Causeway  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.

Recently the company entered into a definite agreement with Weatherseal Fenestration for acquiring 51% stake.  Weatherseal incorporated in Mar 2022 would be engaged in the business of interior decoration/furnishing, including manufacturing uPVC windows and door systems.  Asian Paints also entered into a definite agreement for acquiring 49% stake in Obgenix Software, commonly known as White Seal.  White Teak is engaged in the business of decorative lighting products and fans.

Global Presence

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 and Indonesia (Asia)

Asian Paints Causeway in Sri Lanka (Asia)

SCIB Paints in Egypt (Africa)

Asian Paints Berger in UAE, Bahrain , Oman and Qatar (Middle East); 

Apco Coatings in Fiji,  Solomon Islands and Vanuatu (South Pacific)

Kadisco Asian Paints in Ethiopia (Africa)

Taubmans in Fiji and Samoa (South Pacific)

Home Improvement

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.

Paint Manufacturing Footprint


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 Causeway(2) 
3 Nepal 2 Asian Paints
4 Bangladesh 1 Asian Paints
       
South East Asia
5 Indonesia 1 Asian Paints
       
South Pacific
       
6 Fiji 1 Apco Coatings & Taubmans
7 Samoa Islands 1 Taubmans
8 Vanuatu   Apco Coatings 
9 Solomon Islands   Apco Coatings
       
Middle East
10 Oman 1 Asian Paints Berger 
11 Bahrain 1 Asian Paints Berger 
12 Dubai 1 Asian Paints Berger 
13 Egypt 2 SCIB Paints
14 Qatar   Asian Paints Berger
Africa
15 Ethiopia 3 Kadisco Asian Paints
Total 26    

 

Corporate Citizenship

Corporate Citizenship

Corporate Social Responsibility

We are inclusive of our communities through a range of social interventions, enhancing skills and building social infrastructure to improve their quality of life.

The CSR Committee has identified the following thrust areas around which the Company shall be focusing its CSR initiatives and channelizing the resources on a sustained basis:

-          Health & Hygiene: Under Health & Hygiene, we aspire to deliver primary health care support through diagnosis and treatments to our communities. Interventions will include promoting preventive healthcare, building awareness about hygiene, sanitation, maternal & child health care, setting up medical infrastructure, instrumenting clean drinking water habits, etc.

-          Disaster Management: We contribute towards relief, rehabilitation, and reconstruction activities as a part of our disaster management intervention. As a responsible Company, we focus towards mitigating the effects of the crisis created by natural disasters, pandemic or likewise. We have partnered with the Government on various instances to provide support and aid. We have also worked with different partners for distribution of essentials among communities during the time of crisis.

-          Enhancing Vocational Skills: In the area of Vocational training and skilling, we provide specialized and skill-based training to painters, carpenters, plumbers, etc., to enhance their skills, empower them, provide opportunities to secure better employment and improve their livelihood.

-          Water: Water being a valuable and scare resource that we share with our surrounding communities, we have identified water conservation and management as a key area of intervention. Our focus will be an integrated approach across (a) to (d) below:

(a) reducing overall specific water consumption;

(b) reuse/recycle wastewater back within the factories and communities in the vicinity of our manufacturing locations and other areas of operations;

(c) rain Water harvesting in our factories and communities in the vicinity of our manufacturing locations and other areas of operations;

(d) watershed management and community outreach programs thus making more water available for the communities than what we consume every year.

The initiatives in this thrust area would, inter alia, include (i) creating capacities in conserving water through significant investments in partnership with relevant stakeholders, with the objective of water conservation, (ii) educating farmers in looking at various Government schemes with the objective of water management, (iii) undertaking water replenishment projects in the communities surrounding our factories. The approach would include providing support and infrastructure at each stage of water conservation, water preservation, water re-charge and waste-water treatment.

Vocational Skilling and Water conservation will continue to remain our key thrust areas of intervention.

To view our CSR policy, click here.

CSR Projects

CSR Projects for FY 2021-22

CSR Projects for FY 2020-21

BR Reports

BR Report FY 2014-15

BR Report FY 2013-14

Contact CSR cell

Asian Paints Limited

6A, Shantinagar,

Santacruz (East),

Mumbai - 400 055, India

Tel : +91-22-62181000

Fax : +91-22-62181111

Email : csr@asianpaints.com

Quality Policy

-  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.

 

Managing Director & CEO

26th August 2020

Environmental Communications

EC Letter - APL Kasna Plant

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 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

Bio Medical Waste Generation 2021

Bio Medical Waste Generation 2022

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

Half Yearly Compliance Report-Rohtak

Half Yearly Compliance Report-Vizag

EC Compliance – APL Penta Plant, Cuddalore – Oct 2020 to March 2021 

Environmental Statement – APL Penta Plant, Cuddalore – Oct 2020 to March 2021 

Latest Survey Map – APL Penta Plant, Cuddalore

EC Compliance Report  - APL Penta Plant, Cuddalore - Oct 2018 to March 2019

Ambient Air Quality  Pe Co&THC - APL Penta Plant, Cuddalore  - July21

Ambient Air Quality - APL Penta Plant, Cuddalore - June 2021

Ambient Air Quality Co &THC  - APL Penta Plant, Cuddalore - August 2021

Ambient Air Quality Co and THC - APL Penta Plant, Cuddalore - April 2021

Ambient Air Quality CO&THC - APL Penta Plant, Cuddalore - May 2021

Ambient Air Quality VO21Ext2 - APL Penta Plant, Cuddalore - June 2021

Ambient Air Survey - APL Penta Plant, Cuddalore - 29.07.2021

Ambient Air Survey - APL Penta Plant, Cuddalore - 30.07.2021

DG Set Stack Monitoring DG Ext21 - APL Penta Plant, Cuddalore  - June 2021

Stack Monitory Penta Boiler Ext21 - APL Penta Plant, Cuddalore - June 2021

VOC Q1 - APL Penta Plant, Cuddalore - June 2021

Ambient Air Quality Analysis - APL Penta Plant, Cuddalore – December 2020

Noise Analysis - APL Penta Plant, Cuddalore – December 2020

Stacks Analysis - APL Penta Plant, Cuddalore – December 2020

VOC Analysis APL Penta Plant, Cuddalore – December 2020

Ambient Air Quality Analysis  - APL Penta Plant, Cuddalore - July 2020

Noise  Analysis - APL Penta Plant, Cuddalore – July 2020

Stacks Analysis - APL Penta Plant, Cuddalore – July 2020

TVOC  Analysis - APL Penta Plant, Cuddalore – July 2020

EC Compliance Report  - APL Penta Plant, Cuddalore - Oct 2019 to March 2020

EC Compliance Report  - APL Penta Plant, Cuddalore April 2020 to Sep 2020

Environment Statement - APL Penta Cuddalore – April 2019 to March 2020

Environment Statement - APL Penta Cuddalore – April 2020 to March 2021

Environment Statement - APL Penta Cuddalore – April 2018 to March 2019 

Fly Ash Stock Details – APL Penta, Cuddalore  – February 2022 

Fly Ash Stock Details – APL Penta, Cuddalore  – March 2022 

Environment Policy

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.

 

Managing Director & CEO

26th August 2020

Health and Safety Policy

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.

 

Managing Director & CEO

26th August 2020

Group Subsidiaries

Group Subsidiaries

APCO

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.

http://www.apcocoatings.com/

SCIB

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. 

http://www.scibpaints.com

PPG Asian Paints

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.

http://www.ppgasianpaints.com

Asian Paints PPG

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.

http://www.asianpaintsppg.com

Taubmans

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

Sleek

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.

http://www.sleekworld.com

ESSESS

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.

http://www.essessindia.com/

Kadisco Asian Paints

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.

https://www.kadiscoasianpaints.com/

Asian Paints Berger

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.

https://www.asianpaintsarabia.com/uae/get-inspired