overview

70 years of innovation in paint

Since its foundation in 1942, Asian Paints has come a long way to become India’s largest and Asia’s second largest paint company, with a turnover of Rs. 155.34 billion. We operate in 19 countries and have 26 paint manufacturing facilities in the world, servicing consumers in over 65 countries.

history

all great things start small

 

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.

vision

clear goals for a clear future

Asian Paints aims to become one of the top five decorative coatings companies world-wide by leveraging its expertise in the higher growth emerging markets. Simultaneously, the company intends to build long term value in the industrial coatings business through alliances with established global partners.

board of directors

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Mr. Ashwin Choksi

Non-Executive Chairman

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Mr. Ashwin Dani

Non-Executive Vice Chairman

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Mr. Abhay Vakil

Non-Executive Director

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Mr. K B S Anand

Managing Director & CEO

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Mr. Mahendra Choksi

Non-Executive Director

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Mr. Malav Dani

Non-Executive Director

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Ms. Amrita Vakil

Non-Executive Director

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Mr. Dipankar Basu

Independent Director

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Mr. Mahendra Shah

Independent Director

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Mr. Deepak Satwalekar

Independent Director

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Dr. S Sivaram

Independent Director

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Mr. S Ramadorai

Independent Director

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Mr. M.K. Sharma

Independent Director

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Ms. Vibha Paul Rishi

Independent Director

Click here to view the Appointment Letter issued to Independent Directors.

 

 

 

Sustainability

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.

While our CSR approach focuses on the development of communities around the vicinity of our plants, we have also developed innovative programmes 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

Asian Paints’ CSR Policy focuses on four thrust areas viz., education, skills development, healthcare/hygiene and water management.

 

education

We recognize the importance of education as a powerful means to reduce poverty and social inequality and this is a key impact area in our growing CSR practice. Asian Paints is 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
  • Provision of educational resources to students
  • Supporting the needs of differently-abled children
  • Providing computer hardware and software for smart classes
  • Coaching assistance for competitive examinations
  • Training girls in self-defence techniques
  • Mobile vans for education programmes
  • Workshops to enhance soft skills
  • Setting up libraries
  • Scholarships for higher education

Our educational programmes are implemented through our project partners and are aimed at supporting every stage of a child’s educational cycle including developing infrastructure for schools/educational centers, programmes on healthy living, engaging with students and parents to help build better communities. 

 

vocational training

In keeping with national developmental goals on skills development, Asian Paints is committed to providing vocational training to improve skills in the unorganised 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

The Asian Paints Colour Academy is equipped with modern facilities 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. Currently the Academy is present in ten locations-Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Ahmedabad, Pune, Punjab & Kerala with eight fixed premises and two mobile setups.

Asian Paints has partnered with the National Skills Development Corporation (NSDC) to strengthen the delivery of this programme to both unskilled and semi-skilled individuals. While Asian Paints will provide technical know-how, prepare training content and deliver training modules, NSDC will monitor, evaluate and certify participants who complete the training programme. 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.

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 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 accessto healthcare, better sanitation facilities andhygiene, 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 programme, coordinating with project partners and helping with logistics.

Providing and improving sanitation facilitates

For the underserved communities around our plants, we have partnered with local organisations 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, foodsecurity 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, urbanisation and industrialization. We believe it is our responsibility tojudiciously 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.

We seek to address water availability in the immediate ecosystem around our plants.

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

 

Contact CSR cell

Asian Paints Limited

6A, Shantinagar,

Vakola Pipeline Road

Santacruz (East),

Mumbai = 400 055, India

 

Tel : +91-22-62181000

Fax : +91-22-62181111

Email : csr@asianpaints.com

CII national conservation awards

Another recognition received in FY 2006 was the CII (Confederation of Indian Industries) Award for National Energy Conservation received by the Ankleshwar and Patancheru plants. The award function was held at Vigyan Bhavan, New Delhi, where the Ankleshwar facility in the state of Gujarat was honoured with the second prize, while the Patancheru plant in Andhra Pradesh received a certificate of merit. The awards were presented by His Excellency, the President of India, Dr. A P J Abdul Kalam. The CII Award for National Energy Conservation is yet another testimony of Asian Paints’ commitment towards the continual improvement in our work process to help the environment through the manufacturing excellence programme

environment and safety

Asian Paints approaches the environment issue from the perspective of waste minimisation and conservation of resources. Determined to reuse, recycle and eliminate waste, Asian Paints' material losses in manufacturing have reduced substantially over the last few years.

All the paint plants (except Khandala Plant) and chemical manufacturing plants of Asian Paints have ISO 14001 environmental certification.

All our paint plants have achieved 'zero industrial discharge' capability. This has been achieved by the installation of upgraded effluent treatment facilities and installation of reverse osmosis plants in conjunction with appropriate recycling and reuse schemes. Our emulsion manufacturing facility has also achieved 'zero waste' status. We have adopted the principles of "green productivity".

Some of our innovative schemes which enhance green productivity are dealer tinting systems which has resulted in large batch sizes; bulk storage facility for monomers which reduces wastage; Use of natural gas which is a cleaner fuel; solvent recovery plants have been set up which has resulted in zero reduction of solvent disposal; improved incinerating systems and reverse osmosis.

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corporate information

corporate profile

Asian Paints is India’s leading paint company and Asia’s second largest paint company, with a group turnover of Rs 155.34 billion. The group has an enviable reputation in the corporate world for professionalism, fast track growth, and building shareholder equity. Asian Paints operates in 19 countries and has 26 paint manufacturing facilities in the world servicing consumers in over 65 countries. Besides Asian Paints, the group operates around the world through its subsidiaries Berger International Limited, Apco Coatings, SCIB Paints, Taubmans and Kadisco.

Asian Paints was included in Forbes Asia’s ‘Fab 50’ list of Companies in Asia Pacific in 2011, 2012, 2013 and 2014.  Forbes Global magazine USA ranked Asian Paints among the ‘200 Best Small Companies in the World’ for 2002 and 2003 and presented the 'Best under a Billion' award, to the company. Asian Paints is the only paint company in the world to receive this recognition. Forbes has also ranked Asian Paints among the ‘Best under a Billion companies in Asia’ in 2005, 2006 and 2007. The company was also felicitated as one of the most ‘Impactful companies of the Decade’ by CNBC Awaaz in Jan 2015

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. Today it is double the size of any other paint company in India and 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 introduced many innovative concepts in the Indian paint industry like Colour Worlds (Dealer Tinting Systems), Home Solutions (painting solutions Service), Kids World (painting solutions for kid’s room), Colour Next (Prediction of Colour Trends through in-depth research), and Royale Play Special Effect Paints, just to name a few.  It has also introduced ‘wall coverings’ under its portfolio.

Asian Paints has always been ahead when it comes to providing consumer experience.  It has set up Signature Stores in Mumbai, Delhi and Kolkata in India, where consumers are educated on colours and how it can change their homes.  The company has also set up ‘AP Homes’ – a multi-category décor store in Coimbatore (Tamil Nadu, India) which offers décor solutions across categories of paints, wall papers, kitchen, bath fittings, sanitary ware, furnishings etc.  

The company has also introduced Loctite brand of adhesives in certain western markets of India through an exclusive distribution agreement with Henkel Adhesives Technologies, Germany.  

Asian Paints is present in the waterproofing segment as well and offers various solutions through ‘smartcare’ range of products

Vertical integration has seen Asian Paints diversify into chemical products such as Phthalic Anhydride and Pentaerythritol, which are used in the paint manufacturing process. 

Asian Paints also operates through ‘PPG Asian Paints Pvt Ltd’ (50:50 JV between Asian Paints and PPG Inc, USA, one of the largest automotive coatings manufacturer in the world) to service the increasing requirements of the Indian automotive coatings market. The second 50:50 JV with PPG named ‘Asian Paints PPG Pvt Ltd’ services the protective, industrial powder, industrial containers and light industrial coatings markets in India.

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.  

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.   Both, the Kitchen and Bath business has been co-branded with Asian Paints.

Recently, the company has launched ‘Smart Kitchen’ range for easy installation and design under the Sleek brand.  In the Bath space, it has  introduced ‘Royale’ – premium range of bath fittings as well as ‘Bathsense’ – sanitary ware range of products for the evolving consumer.

WORLD-WIDE PRESENCE

Today, the Asian Paints group operates in 19 countries across the world and is the largest paint company in eleven countries. The group operates in five regions across the world viz. Asia, Middle East, South Pacific, Africa and the Caribbean region through the five corporate brands viz. Asian Paints, Berger International, SCIB Paints, Apco Coatings, Taubmans and Kadisco. The Group operates as:

 

  • Asian Paints in India, Bangladesh, Nepal Sri Lanka and Indonesia (Asia)
  • SCIB Paints in  Egypt (Middle East)
  • Berger in Singapore (Asia) ;  UAE, Bahrain and Oman (Middle East); Jamaica, Barbados and Trinidad & Tobago (Caribbean)
  • Apco Coatings in Fiji, Tonga, Solomon Islands and Vanuatu (South Pacific)
  • Kadisco in Ethiopia (Africa)
  • Taubmans in Fiji and Samoa (South Pacific)

The company has a dedicated Group R&D Centre in India for paints and has been one of the pioneering companies in India for effectively harnessing Information Technology solutions to maximize efficiency in operations.

international presence

Today, the Asian Paints group operates in 19 countries across the world and is the largest paint company in eleven countries. The group operates in five regions across the world viz. Asia, Middle East, South Pacific, Africa and the Caribbean region through the five corporate brands viz. Asian Paints, Berger International, SCIB Paints, Apco Coatings, Taubmans and Kadisco. The Group operates as:

  • Asian Paints in India, Bangladesh, Nepal Sri Lanka and Indonesia (Asia)
  • SCIB Paints in Egypt (Middle East)
  • Berger in Singapore (Asia) ;  UAE, Bahrain and Oman (Middle East); Jamaica, Barbados and Trinidad & Tobago (Caribbean)
  • Apco Coatings in Fiji, Tonga, Solomon Islands and Vanuatu (South Pacific)
  • Kadisco 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. 

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.   Both, the Kitchen and Bath business has been co-branded with Asian Paints.

Recently, the company has launched ‘Smart Kitchen’ range for easy installation and design under the Sleek brand.  In the Bath space, it has  introduced ‘Royale’ – premium range of bath fittings as well as ‘Bathsense’ – sanitary ware range of products for the evolving consumer.

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group subsidiaries

news and events

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awards and recognitions

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sustainability report

We present to you our Annual Sustainability Report 2014-15.

 

labour law compliance

Annexure A - Information by Principal Employer.

 

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