Asian Paints - About Us
About Asian Paints
75+ Years of Innovation in Paint
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. Asian Paints manufactures a wide range of paints for decorative and industrial use and also offers water proofing, adhesives and services under its portfolio. The company is also present in the Home Decor segment and offers Modular kitchens and wardrobes, Bath fittings and sanitaryware, Decorative lightings, uPVC windows and doors, wall coverings, Furniture, Fabric & Furnishings and Rugs.
Delivering joy since 1942….
We exist to Beautify, Preserve, Transform all Spaces and Objects, bringing happiness to the World!
Board of Directors
R Seshasayee
Non-Executive Chairman / Independent Director
Manish Choksi
Non-Executive Vice Chairman/Promoter
Amit Syngle
Managing Director & CEO
Malav Dani
Non-Executive Director/Promoter
Amrita Vakil
Non-Executive Director/Promoter
Milind Sarwate
Independent Director
Nehal Vakil
Non-Executive Director/Promoter
Ireena Vittal
Independent Director
Soumitra Bhattacharya
Independent Director
Gopichand Katragadda
Independent Director
Varun Berry
Independent Director
Ashish Choksi
Non-Executive Director/Promoter
Sudhir Sitapati
Independent Director
Shubhlakshmi Dani
Non-Executive Director/Promoter
Leo Puri
Additional and 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 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 and decor company and ranked among the top ten Decorative coatings companies in the world with a consolidated turnover of ₹ 354 billion. The company is ranked 2nd in Asia and 8th amongst the top coating’s companies in the world. The Asian Paints 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 27 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 offers Interior Paints, Exterior Paints, wood Paints and Metal Paints. The company also offers waterproofing, adhesives and wall coverings under its 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.
In October 2022, the company has approved the setting up of a manufacturing facility for VAE (Vinyl Acetate Ethylene Emulsion) and VAM (Vinyl Acetate Monomer) in India for a proposed investment of approximately Rs. 2,100 crores over a period of 3 years. The installed capacity of the said manufacturing facility would be 100,000 tons p.a. for VAM and 150,000 tons p.a. for VAE.
Home Decor
In the Home Décor space, the company offers Modular Kitchen & components, Bath & Sanitary, Designer & General Tiles, Wardrobes & Vanities, Fabric & Furnishing, Designer Wall Paper, Furniture, Rugs, Lighting Solutions and uPVC Windows & Doors.
Investing for the Future
In October 2022, Asian Paints announced that it has entered into a into nanotechnology partnership with Harind to acquire 51% stake in Harind Chemicals and Pharmaceuticals Private Limited (“Harind”) from Aapex Power and Industries Private Limited, Dr. Swapan Ghosh & others. It is also agreed to acquire further 39% stake in Harind from the existing shareholders, in a staggered manner, over the next 5 years, subject to fulfilment of certain conditions precedent and achievement of financial targets.
Asian Paints in Oct 2022, signed a binding term sheet with Riddhi Siddhi Crusher & Land Transport (Riddhi Siddhi), Fujairah, United Arab Emirates and Associated Soap Stone Distributing Company Private Limited (ASD), inter alia, to form a joint venture to carry out the business of manufacturing and exporting white cement & white cement clinkers by setting up a manufacturing plant in Fujairah, UAE, subject to due diligence and necessary regulatory and other approvals. The joint venture would be a 60:40 partnership between the Asian Paints and Riddhi Siddhi & ASD. The initial capacity of the said manufacturing facility, to be set up in Fujairah, UAE, would be 2,65,000 tons per annum. In addition, clinker grinding units would be set up in India as well. The overall investment would be approximately Rs. 550 crores, to be invested over the next 2 (two) years.
Global Presence
International Operations
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 and Nepal (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 Decor
In the Home Décor space, the company offers Modular kitchens and wardrobes, Bath fittings and sanitaryware, Decorative lightings, uPVC windows and doors, wall coverings, Furniture, Fabric & Furnishings and Rugs.
Paint Manufacturing Footprint
Asian Paints along with its subsidiaries have operations in 15 countries across the world with 27 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 | 2 | 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 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.
CSR Impact Assessment Report
To view our CSR policy, click here.
Executive Summary of CSR Impact Assessment Reports
CSR Projects
BR Reports
Contact CSR cell
Asian Paints Limited
6A & 6B, 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
Environment Compliance and Letters
Half Yearly Compliance Reports
Form 5 Environment Statements
Biomedical Waste Generation
Fly Ash Stock details
Ambient Air Quality & Surveys
Others
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
APCO
Apco Coatings is a subsidiary of Asian Paints in the South Pacific islands. Asian Paints operates in Fiji, Solomon Islands and Vanuatu under the brand name of Apco Coatings.
SCIB Paints
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
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
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
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
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.
ESS ESS
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.
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.
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.. We operate in 15 countries and have 26 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. It is also pesent in Qatar.
Asian Paints Causeway
Since its foundation in 1942, Asian Paints has come a long way to become India’s leading and Asia’s third largest paint company.. We operate in 15 countries and have 26 paint manufacturing facilities in the world, servicing consumers in over 65 countries.
Asian Paiints operates in Sri Lanka under the brand name Asian Paints Causeway
https://www.asianpaintscauseway.com/