Fastest growing paint companies in India

02 Oct 2012 CW Staff

The final coat that adds the finishing touches to any project will explain why the market size for paints has been growing at 15 per cent per annum in recent years. According to one estimate, the industry is expected to grow at 1.5 - 2 times the growth in GDP of the country in the coming years.

The manufacturing of paint is highly raw material intensive and therefore the cost of production depends heavily on the supply situation in the market for raw materials. Companies use more than 300 ingredients to produce paints and around one third of them are petrobased derivatives. Since most of the raw materials are petroleum based, the industry benefits from a decline in crude oil prices. Prominent companies in the sector are Asian Paints, Kansai Nerolac Paints, Berger Paints (India), Akzo Nobel India, Shalimar Paints and Jenson & Nicholson (India).

While the organised sector comprises 70 per cent of production, the unorganised sector controls the rest. Reports suggest that there are about 2,000 units having small and medium sized paint manufacturing plants in the unorganised segment. Top organised players include Asian Paints, Kansai Nerolac, Berger Paints and ICI. The distemper segment is controlled by unorganised players.

The market for paints can be divided into two segments - decorative and industrial. Around 72 per cent of the market is cornered by decorative paints, which consists of exterior wall paints, interior wall paints, wood finishes and enamel and ancillary products such as primers, putties and the like. Asian Paints is the market leader in this segment. The demand for decorative paints arises from household painting, architectural and other display purposes.

The demand for decorative paints is not evenly distributed through the year, as a substantial demand is concentrated in the festive season (September-December). This segment is price sensitive and is a higher margin business, as compared to the industrial segment. In 2011-12, the decorative paints market is estimated to have grown by about 25 per cent in value terms and 12 per cent in volume terms.

Industrial paints cater mainly to automobile and consumer durable companies and product offerings in this segment include automotive coatings, powder coatings and protective coatings. Kansai Nerolac is the market leader in this segment. The industrial paints segment is far more technology intensive than the decorative segment.

The final coat that adds the finishing touches to any project will explain why the market size for paints has been growing at 15 per cent per annum in recent years. According to one estimate, the industry is expected to grow at 1.5 - 2 times the growth in GDP of the country in the coming years.The manufacturing of paint is highly raw material intensive and therefore the cost of production depends heavily on the supply situation in the market for raw materials. Companies use more than 300 ingredients to produce paints and around one third of them are petrobased derivatives. Since most of the raw materials are petroleum based, the industry benefits from a decline in crude oil prices. Prominent companies in the sector are Asian Paints, Kansai Nerolac Paints, Berger Paints (India), Akzo Nobel India, Shalimar Paints and Jenson & Nicholson (India).While the organised sector comprises 70 per cent of production, the unorganised sector controls the rest. Reports suggest that there are about 2,000 units having small and medium sized paint manufacturing plants in the unorganised segment. Top organised players include Asian Paints, Kansai Nerolac, Berger Paints and ICI. The distemper segment is controlled by unorganised players.The market for paints can be divided into two segments - decorative and industrial. Around 72 per cent of the market is cornered by decorative paints, which consists of exterior wall paints, interior wall paints, wood finishes and enamel and ancillary products such as primers, putties and the like. Asian Paints is the market leader in this segment. The demand for decorative paints arises from household painting, architectural and other display purposes.The demand for decorative paints is not evenly distributed through the year, as a substantial demand is concentrated in the festive season (September-December). This segment is price sensitive and is a higher margin business, as compared to the industrial segment. In 2011-12, the decorative paints market is estimated to have grown by about 25 per cent in value terms and 12 per cent in volume terms.Industrial paints cater mainly to automobile and consumer durable companies and product offerings in this segment include automotive coatings, powder coatings and protective coatings. Kansai Nerolac is the market leader in this segment. The industrial paints segment is far more technology intensive than the decorative segment.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Infrastructure Urban

13 Mar 2026

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Infrastructure Urban

13 Mar 2026

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..