Painters:: Rohit Girdhar Shivam Kundra Ridhi Dhawan Nupur Bhalla Parul Gupta
Painters:: Rohit Girdhar Shivam Kundra Ridhi Dhawan Nupur Bhalla Parul Gupta
Painters:: Rohit Girdhar Shivam Kundra Ridhi Dhawan Nupur Bhalla Parul Gupta
Rohit Girdhar Shivam Kundra Ridhi Dhawan Nupur Bhalla Parul Gupta
Paint industry estimated at Rs. 135bn. Unorganized sector accounts to 35% of paint market.
ChampakLal Choksey
Chimanlal Choksi
Suryakant Dani
Arvind Vakil
& PAINT CO. Pvt. Ltd. Turnover touched Rs. 0.35 million In 1967, Asian paints became the 10Th largest paint company in the world.
Asian Paints aims to become one of the top 5 Decorative Coatings companies worldwide by leveraging its expertise in the higher grow the merging markets. Simultaneously, the company intends to build long term value in the Industrial coatings business through alliances with established global partners.
WOOD FURNISHES.
WOOD & METALFURNISHES
Sales
Asian Paints ICI Good lass Nerolac Jenson & Nicholson Berger Paints Shalimar
Others
4% 6%
12% 37%
11%
14% 16%
Buys Taubmans Paints (Fiji) In September 2003. Acquires ICI Indias Unit (February 2007).
Paints. Advertising & Promotional Expenditure started in 1980s Advertising Methods- Radio, TVCs, Print, Internet, Retail Outlets, Seminars, Workshops
wrought iron etc. used for furniture Materials like laminates being used to coat wooden surfaces.
21% in 2008.
intermediates manufacturing unit in Maharashtra Asian Paints has set up 1.5 lakh kl per annum paint manufacturing unit in Haryana
Asian Paints is planning to increase the capacity by setting up a plant at Rohtak, Haryana.
No other company is planning to increase its capacity in the near
future, this will give Asian Paints a competitive advantage in terms of pricing.
i.e. repaint activity and construction activity will have direct impact on the volume of APL, thus effecting its profitability and margins. establish a dealer network in these markets are likely to get the edge in positing above par growth rates over the next few years. that the competition is limited to the top players.
Due to substantial hike in raw material prices, Asian Paints has raised
the prices of solvent based paints, thus demand would be affected to some extent