Paint Manufacturers in India [6 Best Manufacturers]

India's paint business is estimated to be worth over INR 50 billion, while the cosmetic paint sector accounts for more than 75% of the market. It consists of primers, wood finishing touches, enamel paints, and interior and exterior wall paints. The remaining 25% is made up of both commercial and residential paints. Granular coatings, traditional industrial coatings, naval and protective coatings, and vehicle and container coatings are also available.

Paint manufacturers in India are expected to generate INR 18 trillion in exports and INR 39 trillion in imports. There are various well-known global merchants and paint manufacturers in India. Let's look at the most prominent names among them in detail.

In India, companies that sell paints have a 30–35% share of the unorganised market. The top paint manufacturers in India are listed below, with total earnings, operational earnings, paint variety in India, stock values, and liquid worth ordered first to last.

To help you identify where to source the best paints in the country, we've compiled a list of the leading paint manufacturers in India.

1. Asian Paints Ltd.

Asian Paints is a global paint business established in India that makes, develops, and sells a variety of paints. It is India's top and Asia's third-best paint brand, with sales of INR 185.16 billion in 2021. They are among the top paint manufacturers in India.

The firm is situated in Mumbai, Maharashtra, and was founded in 1942. The company has 30 paint manufacturing units worldwide, supplying to clients in 61 countries.

It produces and markets chemicals, ornamental paints, and commercial finishing goods, including wood varnish and coating components. It started with primary colours and developed into increasingly sophisticated and inventive designs and colours. Approximately 8,000 people work in the company's manufacturing and distribution activities.

Product offerings:

• Wall paints
• Wall textures
• Metal paints
• Wood paints
• Tile guards
• Brushes and rollers
• Mechanised tools
• Sanding paper

2. Berger Paints India Ltd.

Berger Paints is a multinational paint manufacturer in India with operations in Bangladesh, Nepal, Russia, and Poland. Lewis Berger established the business in 1760 in the United Kingdom with its head office in Kolkata, West Bengal.

The company is a well-known paint and coating product maker for the chemical and other industries. It has 16 production facilities outside India, including two in Nepal and one in Poland, with an estimated total of 4,000 workers employed. Their ornamental paints are known to retain colour for a long time.

The top Berger Paints products are now accessible from more than 25,000 different dealers. It is India's second-largest paint manufacturer by market capitalisation.

Product offerings:

• Wall paints
• Wall textures
• Metal paints
• Wood paints
• Tile guards
• Brushes and rollers
• Mechanised tools
• Sanding paper

3. Kansai Nerolac Paints Ltd.

Kansai Nerolac is a notable paint manufacturer in India, ranking amongst the top ten. It is India's third-largest paint firm, known as Goodlass Nerolac. It was founded in 1918 by Katsujiro Iwai in Amagasaki City, Japan, and is presently headquartered in Mumbai. According to recent figures, the total number of employees is 3008. Its extensive product line, including Nerolac Beauty GOLD, has made it one of India's most successful paint companies.

Kansai Nerolac Paints has six paint manufacturing plants and six to seven contract producers. Manufacturing facilities for Nerolac may be found at Jainpur, Kanpur Dehat (Uttar Pradesh), Bawal (Haryana), Lote, Chiplun (Maharashtra), Hosur (Tamil Nadu), Sayakha (Gujarat), Goindwal (Punjab), and Visakhapatnam (Andhra Pradesh).

Kansai Nerolac Paints Ltd. has entered several technological collaborations with industry titans like E.I. Du-products.

The Mumbai-based company is the industry leader in industrial paints, with a market share of more than 40%. It is the third-largest competitor in the decorative paints industry, with a 13% market share. The ornamental category accounts for more than 75% of the Indian paints industry.

It develops and distributes paint products for the furniture industry and finishing businesses. The main products are compounds, decorative paints, commercial finishing materials, and coatings.

Product offerings:

• Wall paints
• Wall textures
• Metal paints
• Wood paints
• Tile guards
• Brushes and rollers
• Mechanised tools
• Sanding paper

4. Dulux Paints Ltd.

Dulux is an international paint manufacturer in India that specialises in architectural paints. AkzoNobel launched the corporation in the United Kingdom.

The company also makes decorative and industrial paints with unique themes and patterns. There are around 2,000 colours to pick from in 60+ tones.

PGG, an architecture firm, purchased Dulux Canada. The paints come in various colours and textures to complement a wide range of architectural types. Their paints are of good quality, have a lengthy adhesion time, and are germ-resistant. One of the company's most popular products, Dulux Trade Vinyl Matt, has helped it become one of India's most popular paint enterprises.

Product offerings:

• Wall paints
• Wall textures
• Metal paints
• Wood paints
• Tile guards

5. Nippon Paint Holdings Co. Ltd.

Nippon Paint Holdings is a Japanese paint and paint supply company. Jujiro Motegi established it under the brand name Komyosha. After creating a 50/50 cooperation with Bee Chemicals, the firm became one of India's leading paint makers.

Its activities are spread across four countries: the United States, Singapore, and the United Kingdom. It has been in India for more than a decade, and its main products are paints, coatings, and fine chemicals. All of the components are machine-washable, water-resistant, and germ-resistant.

As one of the top paint manufacturers in India, the business's overall global revenue is 534.74 billion yen, and its net income is INR 3000 crores in India.

Product offerings:

• Wall paints
• Wall textures
• Metal paints
• Wood paints
• Tile guards
• Brushes and rollers
• Mechanised tools
• Sanding paper

6. Sheenlac Paints

Sheenlac Paints is an Indian paint company situated in Chennai. The firm manufactures and distributes paints, thinners, and wood polishing materials for ornamental and industrial applications. Founded by John Peter, it began as a small business producing thinners and wood polish supplies but has now expanded to more than three locations and become one of the top paint manufacturers in India. It offers paint shades of over 2,000 different types and tones.

Peter, Sheenlack Paints’ founder, envisioned and created Sheenlac with the ultimate objective of exceeding customer expectations via innovative and high-quality merchandise. But it was Mr Krishna Moorthy of Janatha Paints who invented the phrase “Sheenlac”, which combines the words ‘sheen’ (lustre) and ‘lac’ (lacquer). Sheenlac Paints has delved into innovative methods like packing the items in HDPE bottles, showcasing its strong position in the sector. This was the first time an unbranded thinner and polish industry was organised and branded.

Product offerings:

• Wall paints
• Wall textures
• Metal paints
• Wood paints
• Tile guards

Conclusion

The above six companies are among the top paint manufacturers in India who have been consistently offering world-class innovation and quality at affordable prices. More importantly, they are continuing to provide significant employment to Indian citizens. They’ve made a dent in the international market and left a mark that will not vanish anytime soon.

Also Read:

1) Manufacturing Companies In Aurangabad
2) Cricket Bat Manufacturers in India
3) Garden Pipe Manufacturers in India
4) Ceiling Fan Manufacturers in India
5) EV Battery Manufacturers In India

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FAQs on Paint Manufacturers

Q. Which is the largest paint manufacturer in India?

Ans. Asian Paints is the largest paint manufacturer in India by revenue.

Q. Which is the largest paint manufacturer in the world?

Ans. PPG Industries, Inc. is a Fortune 500 corporation located in the United States that manufactures paints, coatings, and speciality materials across the globe. PPG is headquartered in Pittsburgh, Pennsylvania, and has operations in over 70 countries worldwide. It is the world's largest coatings firm in terms of sales.

Q. Which is the No. 1 paint manufacturer in the Asia-Pacific region?

Ans. Nippon Paint Holdings is a Japanese paint and paint supply company. Jujiro Motegi established it under the brand name Komyosha. After creating a 50/50 cooperation with Bee Chemicals, the firm became one of India's leading paint makers. It is the largest paint manufacturer in the Asia-Pacific.

Q. Is Nerolac an Indian company?

Ans. No, Kansai Nerolac is a notable paint manufacturer in India, ranking amongst the top ten. It is India's third-largest paint firm, known as Goodlass Nerolac. However, it was founded in Amagasaki City, Japan, by Katsujiro Iwai in 1918. It is presently headquartered in Mumbai.

Q. Which country manufactures the most paint in the world?

Ans. Germany exports the most amount of paint in the world.