Nippon Paint India Appoints Sharad Malhotra as Managing Director
Paint

Nippon Paint India Appoints Sharad Malhotra as Managing Director

New Delhi, November 10, 2025 – The NIPSEA Group, a subsidiary of Nippon Paint Holdings, Japan, has announced the appointment of Sharad Malhotra as Managing Director of Nippon Paint India, effective December 1, 2025. He succeeds Jon Tan and will report to Wee Siew Kim, CEO of NIPSEA Group. Malhotra becomes the first Indian to hold this leadership role.

Headquartered in Japan, Nippon Paint is the world’s fourth-largest paint company by revenue and the leading paints and coatings brand in the Asia-Pacific region. The appointment reinforces the company’s long-term commitment to India, a key strategic growth market.

A Proven Leader in Paint Innovation A 15-year veteran with Nippon Paint, Malhotra has been instrumental in building the company’s automotive refinish, wood coatings, and light industrial coatings business in India. He also serves as a Director on the Board and has recently led the company’s expansion into new product categories, including paint protection films.

Commenting on the appointment, Wee Siew Kim, Co-President of Nippon Paint Holdings and Group CEO, said, “We are delighted to appoint Sharad Malhotra to this pivotal leadership role. His proven track record, strategic vision, and deep understanding of the Indian market make him ideally suited to lead our next phase of growth.”

Vision for India’s Growth Story On his new role, Sharad Malhotra said, “It is an immense honour to lead Nippon Paint India at this transformative moment. India presents unique opportunities, and I look forward to building on our strengths and expanding possibilities for our customers and partners.”

As Managing Director, Malhotra will oversee the company’s strategic direction and drive sustainable growth across all segments of the Indian paint market. He will also continue to lead Nippon Paint’s global automotive aftermarket business, a division he has successfully developed from inception.

India: A Strategic Growth Market With India’s expanding infrastructure, skilled workforce, and strong economic growth, Nippon Paint sees the country as central to its Asia-Pacific ambitions. Under Malhotra’s leadership, the company aims to strengthen its market presence while delivering value to stakeholders and advancing sustainable innovation.

New Delhi, November 10, 2025 – The NIPSEA Group, a subsidiary of Nippon Paint Holdings, Japan, has announced the appointment of Sharad Malhotra as Managing Director of Nippon Paint India, effective December 1, 2025. He succeeds Jon Tan and will report to Wee Siew Kim, CEO of NIPSEA Group. Malhotra becomes the first Indian to hold this leadership role. Headquartered in Japan, Nippon Paint is the world’s fourth-largest paint company by revenue and the leading paints and coatings brand in the Asia-Pacific region. The appointment reinforces the company’s long-term commitment to India, a key strategic growth market. A Proven Leader in Paint Innovation A 15-year veteran with Nippon Paint, Malhotra has been instrumental in building the company’s automotive refinish, wood coatings, and light industrial coatings business in India. He also serves as a Director on the Board and has recently led the company’s expansion into new product categories, including paint protection films. Commenting on the appointment, Wee Siew Kim, Co-President of Nippon Paint Holdings and Group CEO, said, “We are delighted to appoint Sharad Malhotra to this pivotal leadership role. His proven track record, strategic vision, and deep understanding of the Indian market make him ideally suited to lead our next phase of growth.” Vision for India’s Growth Story On his new role, Sharad Malhotra said, “It is an immense honour to lead Nippon Paint India at this transformative moment. India presents unique opportunities, and I look forward to building on our strengths and expanding possibilities for our customers and partners.” As Managing Director, Malhotra will oversee the company’s strategic direction and drive sustainable growth across all segments of the Indian paint market. He will also continue to lead Nippon Paint’s global automotive aftermarket business, a division he has successfully developed from inception. India: A Strategic Growth Market With India’s expanding infrastructure, skilled workforce, and strong economic growth, Nippon Paint sees the country as central to its Asia-Pacific ambitions. Under Malhotra’s leadership, the company aims to strengthen its market presence while delivering value to stakeholders and advancing sustainable innovation.

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement