Top 10 Best Paint Brands In India 2024

You may be familiar with Dulux Paints, British Paintings India Ltd., Berger Paints India Ltd., Akzo Nobel India Ltd., and other domestic paint manufacturers. If so, you might be curious in the greatest paint firms in India and their widespread appeal.

These businesses have a lengthy history of producing paint in India and offer top-notch quality. Continue reading to find out more about their past. The top ten paint manufacturers in India are described in this article.

Have You Heard? In 2019, the Indian paint industry transacted business of over 57 trillion rupees. India’s paint industry, the second-largest in the world, with exports of over 18 trillion dollars opposed to imports at almost 39 trillion dollars.

We eventually created a list of paint manufacturers in India that includes the greatest paint manufacturers in the country after thoroughly investigating numerous paint manufacturing firms.

Best Paint Brands In India

Akzo Nobel India Ltd Dulux Paints

Kolkata is home to the firm that makes Dulux paints, and in order to compete with Asian Paints Ltd., it concentrates on mass-market paints and new markets. The corporation is also introducing new speciality paints in addition to expanding the reach of its premium Dulux brand into mass markets.

Dulux guarantees to provide affordability, quality, and reasonable pricing. However, the economy’s slowdown may limit its ability to grow. By building a brand-new laboratory in Thane, the corporation has increased its production capabilities in the nation.

Berger Paints India Ltd

Here is the second company that is among the leading producers of industrial paint. Berger Paints Ltd is a multinational paint corporation with 16 manufacturing facilities located all over India, with its headquarters in Kolkata, West Bengal. Additionally, it has two manufacturing facilities in Russia, Poland, and Nepal.

Enamel paint is the main offering from Berger Paints India Ltd.
The company manufactures a variety of paints, including emulsions and specialty colors.

The company sells its goods all around the world, notably in Germany, China, Japan, and the US.
Leading producer of decorative and industrial paint goods is Berger Paints India. In India, it operates seven manufacturing sites and more than fifty sales depots. In India and overseas, it has more than 15,000 dealers and over 4,000 employees.

Architectural/decorative coatings, automotive and general industrial, protective coatings, and powder make up the four divisions of its sales. Additionally, the business collaborates with SBL Specialtatings Private Limited in Chandigarh.

Asian Paints Ltd

Asian Paints has made substantial progress in other countries, despite the fact that the company is unquestionably the industry leader in India. Despite the current demand slowdown, Asian Paints reported exceptional growth in volumes and margins for the first quarter of the fiscal year 2019–20.

In addition to overcoming obstacles at home, Asian Paints has also invested a lot in cutting-edge goods that appeal to customers through design thinking.

Asian Paints’ capacity to emotionally connect with customers is a significant aspect of its marketing approach. In the company’s advertising, for instance, paying visitors are depicted as being on par with family members and bringing renters closer to them.

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 nation for more than a century. The business strives to improve every part of its operations, which is clear evidence of its culture of responsibility and social responsibility.

It has successfully introduced a number of products in its industrial and decorative coatings divisions as a consequence. The brand wants to completely protect consumers and cater to their wide range of needs.

British Paints has a strong presence in the Indian paint market with more than 12,000 channel partners and 56 branch locations.

Kansai Nerolac Paints Ltd.

The third-largest manufacturer of ornamental and industrial paint in India is Kansai Nerolac Paint Limited (KNPL). Located in Mumbai. KNPL manufactures a huge selection of colors for use both indoors and out. House paints, ornamental paints, and masonry paints are among the company’s offerings.
The business was first known as Goodlass Nerolac Paints Ltd.

when it was founded in 1969. A portion of the company’s foreign holdings were purchased by Forbes Gokak in 1976. A technical partnership agreement was struck between the business and a Japanese business, Nihon Tokushu Tokyo Co. Ltd., in 1986. The business expanded into new regions and changed its name to Kansai Nerolac Paints Ltd. in 1999.

Indigo Paints Ltd

Since its founding in 2000, Indigo Paints has developed into one of India’s fastest-growing paint businesses, currently ranking fifth in the decorative paint sector for revenue creation. Indigo Paints has decentralized its operations with a wide distribution network across India, and Mahendra Singh Dhoni is a brand ambassador for Indigo Paints.

Emulsions, wood coatings, primers, and floor emulsions are just a few of the ornamental paints and finishes that the company makes. A youthful, energetic team, a lean organizational structure, and a low attrition rate are all strengths of Indigo Paints Ltd. Team members consequently possess a high level of autonomy, ownership, and accountability.

The business advocates for a supportive workplace, and profit-sharing is an idea. Indigo Paints has expanded significantly over the past five years despite numerous obstacles, proving its dependability and durability.

Investors are riding the surge and attempting to exit before the shares are accurate because its shares are now trading at more than 100 times earnings projections.

Nippon Paint India Pvt Ltd

A subsidiary of Nippon Paint, a Japanese multinational with more than 136 years of experience in the paint industry, is Nippon Paint India Pvt Ltd. The business also makes paint for houses, ships, and industrial products in addition to adhesives and chemicals for surface treatment.

Manufacturing activities for the corporation are dispersed across Asia, North America, and Europe. Its products are safe to use in both domestic and commercial settings and are environmentally friendly.

The color black is a favorite for both the interior and outside of cars as well as for high-end interior design, making it one of India’s most popular automobile colors. Japanese black paint comes in a variety of colors, making the company’s goods incredibly adaptable and durable. Any car, from vintage automobiles to expensive sports cars, can have these coatings applied.

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Sheenlac Paints Ltd

An Indian company called Sheenlac Paints Ltd. produces a variety of industrial, wood, automotive, and ornamental paints. Since its founding in 1962, the business has expanded to become India’s fifth-largest paint manufacturer.

Thinners in Pet Bottles were introduced by Sheenlac in 1983, a first for the Indian market. Mr. Sudhir Peter was hired by Sheenlac as the company’s sales director in 1994, and he has since earned a number of qualifications.

Since then, he has taken part in its marketing initiatives and is working to increase its market share for Decorative Paints. One of the most popular paint brands in India is Sheenlac.

The company’s wide range of products includes polyurethane finishes, melamine wood treatments, and paints for wood. Sheenlac manufactures wood polishes, stains, and thinners in addition to paints. The business, a pioneer in producing wood treatments, works with over a thousand merchants in India.

Shalimar Paints Ltd

Shalimar Paints Ltd. specializes in producing industrial coatings and decorative paints. It produces long-lasting goods that are used extensively across numerous industries. Since its founding in 1978, Shalimar Paints has grown to become one of India’s top businesses by revenue.

The business struggled to recapture its former splendor in the early 1970s, but Indian promoters finally hired it by the decade’s end. The O.P. Jindal Group, which has holdings in steel, real estate, and hospitality, bought the business, which had previously been headquartered in Kolkata. Asian Paints had already replaced it, therefore the company was also suffering from market rivalry.

Snowcem Paints Pvt Ltd

In the interior and exterior painting sector in India, Snowcem Paints Pvt Ltd is a well-known brand. The company has been operating for more than fifty years and is currently India’s top maker of cement paint.

This privately held business was started in Mumbai by George Lillington, and it still has its headquarters there. This business provides a selection of paints for interiors, walls, and textured fabrics, among other surfaces. Additionally, the production of cement, acrylic, and plastics uses its products.

The firm that markets the well-known brand “Hathi Cement” in Gujarat, Saurashtra Cement Limited, owns the brand. The company is committed to offering both long-lasting defense and attractiveness. They are a fantastic option for both interiors and exteriors because their products stand strong for their value.

Contributing factors to the indian paint industry:

The previous six months have been difficult for Indian businesses and the paints industry due to inflationary pressures on raw materials. The profitability of the Indian paint industry has been significantly impacted by rising oil prices and the cost of titanium dioxide over the past forty years.

Since they lacked the physical strength to bargain for reduced raw material prices, unorganized players were in significantly greater danger.

However, the industry is beginning to appear to benefit from factors like price hikes imposed by firms in the second and third quarters of this fiscal year and some drop in raw material costs, which will assist all participants in the sector enhance their margins.

The Big Four of the Indian paints industry—Asian Paints, Berger Paints, Kansai Nerolac, and Akzo Nobel India—account for more than 65% of the market for Indian paints and coatings as a whole and 75% of the demand for decorative paints.

This industry is highly fragmented, as evidenced by the fact that only four companies account for 51% of the Indian Paint industrial market.

Along with the capacity expansion and greenfield plants by existing paint and coatings companies, two new competitors will make significant investments in the Indian paint and coatings market.

The dynamics of the Indian paint and coating manufacturing industry are expected to change by the beginning of 2024 as a result of the entry of Grasim Industries and JSW Group into the country’s paint market as well as the expression of interest in expansion by two current mid-sized producers (Indigo Paints and Shalimar Paints).

The Indian Paint Industry is Growing:

Paints, varnishes, and coatings are one of the industries with the most restrictions globally. The Indian paints industry was the second-largest in the APAC hegemony in 2020. But in recent years, the Indian Paint industry has grown significantly.

In 2019, the wholesale pricing index for paints and coatings in India reached 112.7, which was a five-year high. In 2019, the paint industry generated trade worth more than 57 trillion Indian rupees. In the fiscal year 2020–21, the second-largest paint market in the world had exports of approximately 17.43 billion rupees and imports of approximately 29.32 billion rupees.

Groups Within The Indian Paint Industry:

The South Asian nation’s paint sector has been separated mostly into two categories: industrial and ornamental paints. The ornamental portion is made up of exterior and interior wall paints, enamel and associated products, and wood treatments.
The automobile, powder, and protective coatings categories might be found in the industrial area.

In comparison to the industrial sector, which had a share of just over 25%, the rhetorical type dominated the Indian market with a share of close to 75%. Less technical correctness and participation from both organized and unorganized companies contributed to this enormous market share discrepancy.

Indian paint market:

The domestic paint market is thought to be worth around Rs. 50,000 crores, with decorative paints accounting for about 75% of that market.

Based on the surface they are used on, decorative paints are broken down into a number of categories, including exterior wall paints, interior wall paints, wood finishes, and supplemental products like primers and fillers.

The remaining 25% of the paints market is made up of industrial paints. It includes a variety of sectors, including those in the automotive, powder coating, marine, protective coatings, packaging, and other industrial paints industries.

Conclusion:

You desire to locate an Indian-based paint firm when searching for one there. Some of the greatest names in the industry were included in this article, which also gave details about the businesses and what makes them unique.

Once you’ve determined which business is best for your requirements, you may read reviews online or in your neighborhood newspaper to find out more. Are you considering starting a painting company?

Platforms like Khatabook can be very useful for keeping track of all your income and expenditure records. We sincerely hope you enjoyed reading this guide’s list of Indian paint producers.