We all love to make our homes beautiful by painting them with different colors. Nowadays, you can do a lot of interiors and exteriors in your homes with different paint products. India’s paint sector is quite vast and had a transaction value of around ₹57 trillion in 2019. The paint industry of India is the second largest business in the world but had an export value of over ₹18 trillion in comparison to an import value of around ₹39 trillion.
Paint companies offer customers opportunities to enliven their homes and workplaces and make them as wonderful and colorful as they want. Do you also know about such top companies that provide high-quality paints? Are you also looking for a paint company that has a long-lasting effect? If yes, then read about the top-notch paint manufacturing companies in India along with their manufacturing history so that you can know which is the most reliable.
Continue reading the article as we will give you an overview of the 12 best paint companies in India so that you can choose among them easily.
Top 12 Paint Manufacturing Companies in India
Here we have compiled a list of paint manufacturers in India which are on the top so you can easily choose among them through this description:
1. Akzo Nobel India Ltd Dulux Paints
Akzo Nobel India Ltd is the manufacturer of Dulux paints and is headquartered in Kolkata. The company mainly focuses on mass paints and new niches so that they can narrow the gap with Asian Paints Ltd. Besides spreading its premium Dulux brand to mass markets, the company is also founding new specialty paints.
Dulux claims to offer high quality and affordability at a reasonable price. However, the company’s growth potential may be limited because of the slowing economy. The company has extended its production capacities in the country as it has opened a new laboratory in Thane. Furthermore, the company will invest in research and development to develop new colors and products that customers can like. So it is a good choice to invest in Dulux paints as you will always see them expanding.
2. Berger Paints India Ltd
Berger Paints India Ltd is another top industrial paint manufacturer which is based in Kolkata, West Bengal, India. Berger Paints Ltd is a multinational paint company that has 16 manufacturing units all around India. Moreover, it also has two manufacturing units including one in Nepal and Poland, and Russia. The primary product and its main popularity point is its enamel paint.
In addition to this, Berger paints produces different types of paint that include specialty colors and emulsions. Its products are available all across the world such as in the United States, China, Japan, and Germany.
Berger Paints is a leading manufacturer of decorative and industrial paint products along with seven manufacturing facilities and over fifty sales depots around India. The company has over 4,000 workers and more than 15,000 dealers in India and other countries.
The sales of the company are split into four categories including architectural/decorative coatings, automotive and general industrial, protective coatings, and powder. The Berger Paints company also runs a joint venture in Chandigarh with SBL Specialtatings Private Limited.
3. Asian Paints Ltd
Asian Paints Ltd is not only a leading company in the Indian market but also has made significant strides in international markets. Moreover, despite the slowdown in demand Asian Paints has reported a good increase in their volume and margins in the first quarter of the fiscal year 2019-20.
Asian Paints has not only made its name by accepting the challenges in the domestic market but also has made a significant investment in innovative products by using its design strategies to attract customers.
A key point of the marketing strategy of the company is its ability to connect with consumers on an emotional level. They usually make advertisements so that customers can relate. For instance, the company’s advertising campaign shows that paying guests are similar to family members and this brings them closer to their landlords.
4. British Paints India Ltd
British Paints India is listed as the fourth-best paint company in India. The brand name of the company, British Paints, has been known throughout the country for more than a century. The business aims to improve every part of its operations, which is clear evidence of its social responsibility.
It has successfully introduced many products in its industrial and decorative coatings divisions. The brand wants to completely protect consumers and fulfill their wide range of needs.
Because of having more than 12,000 channel partners and 56 branch locations, British Paints has created a strong presence in the Indian paint market. So it is also a good option to choose if you are looking for a trustworthy company.
5. Kansai Nerolac Paints Ltd
The third-largest ornamental and industrial paint manufacturer in India is Kansai Nerolac Paint Limited (KNPL) which is located in Mumbai. It manufactures a huge selection of colors for use both indoors and out. The company offers a lot to satisfy the needs and requirements of the customers and thus they provide house paints, ornamental paints, and masonry paints.
The business was first known as Goodlass Nerolac Paints Ltd. when it was established in 1969. But in 1976, a portion of the company’s foreign holdings was purchased by Forbes Gokak. Then in 1986, a technical collaboration agreement was signed by the business and a Japanese business, Nihon Tokushu Tokyo Co. Ltd. The business expanded into new regions and changed its name to Kansai Nerolac Paints Ltd. in 1999 and till now it is popular from this name and has become a good name in the paint manufacturing market.
6. Indigo Paints Ltd
Indigo Paints has become one of India’s fastest-growing paint companies since it was founded in 2000. It now ranks fifth in revenue generation within the decorative paint industry. With a vast distribution network, Indigo Paints has decentralized its functions all across India and chose the former cricket team captain Mahendra Singh Dhoni as a brand ambassador for Indigo Paints.
The Indigo company manufactures different decorative paints and finishes such as emulsions, wood coatings, primers, and floor emulsions. It has a low attrition rate with a young and passionate team and a lean administrative structure. And thus the team members have a high degree of autonomy, ownership, and responsibility toward their work.
The company’s working concept is topic sharing and it promotes a positive work environment. Indigo Paints has grown rapidly during the past five years despite facing several challenges and has represented its reliability and sustainability. Currently, its shares are trading at around 100 times earnings estimates, and thus investors are riding the rally and attempting to get out before the shares are fixed.
7. Sheenlac Paints Ltd
Sheenlac Paints Ltd. is another popular Indian company that manufactures a range of paint products including industrial, wood, automotive, and decorative paints. The company was established in 1962 and since then it has made a large development and become the fifth-largest paint company in India.
In 1983, Sheenlac company launched Thinners in Pet Bottles which was the first launch in the Indian market. Then In 1994, Sheenlac appointed Mr. Sudhir Peter as their Sales Director, and since then has received several certifications for their work. He has been involved with its marketing efforts and further wants to expand its work in the Decorative Paints market. Sheenlac has now become among the top paint brands in India.
The company is known for its diverse product line consisting of paints for wood, melamine wood finishes, polyurethane finishes, and a lot more. Besides paints, Sheenlac also manufactures wood polishes, stains, and thinners. Currently, the company has over one thousand vendors in India and is the best in manufacturing wood finishes.
8. Nippon Paint India Pvt Ltd
Nippon Paint India Pvt Ltd is an associate of Nippon Paint which is a Japanese multinational company that has been active for 136 years in the paint manufacturing industry. The company manufactures paints for residential buildings, ships, and industrial products along with producing adhesives and surface treatment chemicals.
The manufacturing departments of the company are spread all across Asia, North America, and Europe. The best thing about Nippon paint company products is that they are environmentally friendly and safe for use in both residential and industrial applications.
Black Japan Paint manufactured by the company is one of the most widely used car paints in India. It is a popular color for the interior and exterior of the car and is also used in high-end interior design. Black Japanese paint comes in different colors and thus the products of the company are highly recommended for any car ranging from classic cars to exotic sports vehicles.
9. Shalimar Paints Ltd
Shalimar Paints Ltd. Is one of the paint manufacturing companies that is best known for making decorative paints and industrial coatings. It was founded in 1978 and since then products are widely used in different industries as they are long-lasting. Shalimar Paints is one of the largest companies in India in terms of volume.
In the early 1970s, the company faced trouble recovering its former glory, but it was tapped by the end of the 1970s by promoters for the first time in India. The company was previously based in Kolkata but was attained by the O.P. Jindal Group, which had interests in steel, real estate, and hospitality. So now the company is suffering from competition in the market as Asian Paints has already taken its place and become more popular.
10. Snowcem Paints Pvt Ltd
When we talk about the interior and exterior painting industry in India, Snowcem Paints Pvt Ltd is a famous brand. The company has been in business for more than fifty years and has now become the leading cement paint manufacturer in India.
This privately owned company was founded by George Lillington in Mumbai and now he operates from its headquarters there. It offers a variety of paints for various surfaces such as interiors, walls, and textured fabrics, and the products are also used to manufacture plastics, acrylics, and cement.
The Snowcem brand is a part of Saurashtra Cement Limited which is a multinational company that markets the renowned brand ‘Hathi Cement’ in Gujarat. The brand aims to provide long-lasting protection along with aesthetic beauty. Their products are best for their value which makes them a great choice for interiors and exteriors.
11. Sirca Paints India Ltd
On 19 January 2006, Sircolor Wood Coatings Private Limited was originally formed in New Delhi and marked the start of an incredible journey. At the end of its journey to being successful, the company is now known as Sirca Paints India Limited in India. Today, Sirca is one of the leading and most preferred wood coatings companies in northern India.
Every product at Sirca is manufactured perfectly and is backed by research and designed to fulfill the different needs of the market and customers. Sirca aims to successfully decorate different cherished properties and their house as well by using long-lasting coatings. The company promises to provide high-quality products to satisfy all the requirements of its customers.
In addition to this, Sirca is also best known for its products that are used to decorate interiors as they offer various premium Italian products to define your style. Their wall textures have been evolving over time and now are the preferred choice of most Indian customers.
12. Mysore Paints and Varnish Ltd.
Mysore Paints and Varnish Ltd is a paint manufacturing company that was established in 1947. The company was nationalized and started operating as a Public Sector Undertaking under the state administration of Karnataka. This list of paint manufacturing companies in India is incomplete without the addition of Mysore paints.
In 1989, the company acknowledged its current corporate personality. Mysore Paints and Varnish Ltd manufactures different products including forte paints, street coatings, mechanical paints, paints, varnishes, epoxy paints, and prep coatings. It is the only company in India that is authorized to produce indelible ink that is used in elections to prevent people from voting more than one time. The other products of the company include chemical-resistant paints, enamels, primers, distempers, sealing wax, postage stamp cancellation, and polishes.
The main business of the company is dependent on the Indian general election and thus when the elections are held you can see a significant increase in their revenue.
The final words
The paint industry of India has a long and fascinating story and as we all know Indians love colors so you can see them in their homes. The paint industry of India is quite popular and thus around 65% of all the paints sold in India are made by the top paint organizations listed in this article. Before selecting any company you should remember the basic requirements of your house and how you want to do paint work in your house. You can search for a variety of paints and look for imaginative and eco-friendly friends as well that not only give your home a decent look but also a royal experience.
So if you are also looking for a paint company in India, then you can easily choose one among these companies. We have listed some of the biggest names in the paint business along with providing information on these companies and what makes them stand out so that you can easily choose which one is reliable.
FAQs
1. Which is the best paint manufacturer among these in India?
Ans: Akzo Nobel India Ltd Dulux Paints is considered the best paint manufacturer and is followed by Asian Paints.
2. Which is the largest paint manufacturing company in India?
Ans: Asian paint ranks in the first position when we talk about the largest paint manufacturing company in terms of size.
3. Which are the best Industrial Paint Manufacturers in India?
Ans: Presently, Berger Paints India Ltd. is the best industrial paint manufacturer and is quite popular as well.
4. Which is the oldest paint manufacturing company in India?
Ans: Shalimar Paints Ltd was the first and oldest paint manufacturing company that was founded in 1902.
5. Which is the most preferred paint company in India?
Ans: As per the Sales, Asian Paints Ltd is the No 1 and most preferred paint company in India. The company has a total sales of around Rs 22,468 Cr along with a market share of 40%.
