NIPSEA Group Names Sharad Malhotra MD of Nippon Paint India

18 Nov 2025 CW Team

Nippon Paint, headquartered in Japan, is the world’s fourth-largest paint company by revenue and the leading paints and coatings brand in the Asia Pacific region. The appointment aligns with the company’s strategy to strengthen its long-term presence in India, a key growth market.

A 15-year veteran at Nippon Paint, Mr Malhotra has played a pivotal role in establishing the company’s automotive refinish, wood coatings, and light industrial coatings businesses in India. He is also a Director on the Board and has recently overseen the company’s diversification into paint protection films and new product categories.

Mr Wee Siew Kim, Co-President of Nippon Paint Holdings and Group CEO of the NIPSEA Group, said the appointment recognises Mr Malhotra’s strong track record. “Sharad has successfully charted a growth path for our auto refinish business globally while based in India. His ability to deliver results and deep understanding of our business make him well suited to lead our India operations through the next phase of growth,” he said.

Mr Malhotra said he was honoured to take on the new responsibility. “The Indian market presents unique opportunities and challenges. I look forward to expanding our business, building on our strengths, and supporting our customers and partners as we move ahead.”

As Managing Director, he will drive the overall direction and strategy of Nippon Paint India, with a focus on sustainable growth across segments. He will also continue to lead the company’s global automotive aftermarket initiative, a category he has overseen since inception.

Nippon Paint sees India as a strategic market due to its large population, growing economy, skilled workforce, and expanding infrastructure. The company aims to build on its Asian market strengths and leverage its technologies, teams, and ecosystem as it enters a new phase under Mr Malhotra’s leadership.

The NIPSEA Group, a subsidiary of Japan’s Nippon Paint Holdings, has appointed Mr Sharad Malhotra as Managing Director of Nippon Paint India, effective 1 December 2025. He succeeds Mr Jon Tan and will report to Group CEO Mr Wee Siew Kim. With this appointment, Mr Malhotra becomes the first Indian to lead the company’s India operations. Nippon Paint, headquartered in Japan, is the world’s fourth-largest paint company by revenue and the leading paints and coatings brand in the Asia Pacific region. The appointment aligns with the company’s strategy to strengthen its long-term presence in India, a key growth market. A 15-year veteran at Nippon Paint, Mr Malhotra has played a pivotal role in establishing the company’s automotive refinish, wood coatings, and light industrial coatings businesses in India. He is also a Director on the Board and has recently overseen the company’s diversification into paint protection films and new product categories. Mr Wee Siew Kim, Co-President of Nippon Paint Holdings and Group CEO of the NIPSEA Group, said the appointment recognises Mr Malhotra’s strong track record. “Sharad has successfully charted a growth path for our auto refinish business globally while based in India. His ability to deliver results and deep understanding of our business make him well suited to lead our India operations through the next phase of growth,” he said. Mr Malhotra said he was honoured to take on the new responsibility. “The Indian market presents unique opportunities and challenges. I look forward to expanding our business, building on our strengths, and supporting our customers and partners as we move ahead.” As Managing Director, he will drive the overall direction and strategy of Nippon Paint India, with a focus on sustainable growth across segments. He will also continue to lead the company’s global automotive aftermarket initiative, a category he has overseen since inception. Nippon Paint sees India as a strategic market due to its large population, growing economy, skilled workforce, and expanding infrastructure. The company aims to build on its Asian market strengths and leverage its technologies, teams, and ecosystem as it enters a new phase under Mr Malhotra’s leadership.

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