Asain Paints
ASIAN PAINTS LIMITED
INTRODUCTION
BY
BHARGAVA MANIKANTA SONTI (1220009)
MBA-FINANCE
Asian Paints Limited is an Indian chemicals company headquartered in Mumbai, India. It manufactures a wide range of paints for decorative and industrial use. Asian Paints is India's largest paint company and Asia's third largest paint company, with a turnover of Rs 96.32 billion. Besides Asian Paints, the group operates around the world through its subsidiaries Berger International Limited, Apco Coatings, SCIB Paints and Taubmans.
| | Type | Public | Traded as | BSE: 500820
NSE: ASIANPAINT | Industry | Chemicals | Founded | 1942 | Headquarters | Mumbai, India | Area served | Global | Key people | K.B.S. Anand (MD & CEO) | Products | Paints and speciality products | Revenue | 11,085 crore | Profit | 1050 crore | Employees | 4,937 | Website | www.asianpaints.com |
HISTORY * Asian Paints was established on February 1, 1942 by Champaklal H. Choksey, Chimanlal N. Choksi, Suryakant C. Dani and Arvind R. Vakil. They name their company 'The Asian Oil & Paint Company', a name that picked randomly from a telephone directory. * 1945 – Asian Paints touches a turnover of Rs. 3,50,000. * 1957 – 66 – The family-owned company makes the change to a professionally managed organisation. British company Balmer Lawrie rejects the products of a giant British paint company in favour of Asian Paints. * 1967 - Asian Paints emerges as India's leading paint company ahead of any international competition. * 1973 - AP becomes public ltd company * 2002 - AP was a market leader of Indian Decorative Paints with market share of 44%
ASIAN PAINTS TODAY * Asian Paints becomes the 10th largest decorative paint company in the world * Asian Paints is more than twice the size of its nearest competitor. * It is one of the most admired companies in India * Present in 22 countries with 27 manufacturing locations. *
INTRODUCTION
BY
BHARGAVA MANIKANTA SONTI (1220009)
MBA-FINANCE
Asian Paints Limited is an Indian chemicals company headquartered in Mumbai, India. It manufactures a wide range of paints for decorative and industrial use. Asian Paints is India's largest paint company and Asia's third largest paint company, with a turnover of Rs 96.32 billion. Besides Asian Paints, the group operates around the world through its subsidiaries Berger International Limited, Apco Coatings, SCIB Paints and Taubmans.
| | Type | Public | Traded as | BSE: 500820
NSE: ASIANPAINT | Industry | Chemicals | Founded | 1942 | Headquarters | Mumbai, India | Area served | Global | Key people | K.B.S. Anand (MD & CEO) | Products | Paints and speciality products | Revenue | 11,085 crore | Profit | 1050 crore | Employees | 4,937 | Website | www.asianpaints.com |
HISTORY * Asian Paints was established on February 1, 1942 by Champaklal H. Choksey, Chimanlal N. Choksi, Suryakant C. Dani and Arvind R. Vakil. They name their company 'The Asian Oil & Paint Company', a name that picked randomly from a telephone directory. * 1945 – Asian Paints touches a turnover of Rs. 3,50,000. * 1957 – 66 – The family-owned company makes the change to a professionally managed organisation. British company Balmer Lawrie rejects the products of a giant British paint company in favour of Asian Paints. * 1967 - Asian Paints emerges as India's leading paint company ahead of any international competition. * 1973 - AP becomes public ltd company * 2002 - AP was a market leader of Indian Decorative Paints with market share of 44%
ASIAN PAINTS TODAY * Asian Paints becomes the 10th largest decorative paint company in the world * Asian Paints is more than twice the size of its nearest competitor. * It is one of the most admired companies in India * Present in 22 countries with 27 manufacturing locations. *