Asian Paints Ceo Kbs Anand
We all remember the iconic Sunil Babu ad, wherein a man praises Sunil Babu by using the popular phrase “Badhiya Hain”, for how good his house looks over the years even though other things changed. The ad is for Asian Paints, India’s largest paint company and third largest paint company in Asia. It was founded in 1942 and is headquartered in Mumbai.
Asian Paints, with revenue of ten thousand crores, can boast of a healthy profit of around 900 crores.
Asian Paints operates in 17 countries across the world. The company has a dedicated Group R&D Centre in India and has been one of the pioneering companies in India for effectively harnessing Information Technology solutions to maximize efficiency in operations.
Asian Paints has a slew of products ranging from interior and exterior paints, to wood and metal finishes and premium effects products such as Royale Play and Kid’s World. All these products are primarily offered under the brand names Asian Paints, SCIB Paints, Apco Coatings, Taubmans and Berger International.
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Mr. KBS Anand, an alumnus of IIM Calcutta, took charge as the additional director, managing director and CEO of Asian Paints Ltd. since the 1st of April 2012. He was earlier working as the President of the decorative business unit.
As mentioned earlier, with a post graduate diploma in management from IIM – C and a rich experience of 33 years, KBS Anand was the deserving choice for the position of MD and CEO.
After taking charge in 2012, his priority was to optimize the company’s growth in a slowing economy and to diversify into the home décor space. Political and economic uncertainties were hurdles obstructing his dream of growth. Overall demand slowed in Quarter 4 Financial Year ‘13, and the industrial paint segment is still reeling from its impact and is yet to recover. All operational and raw material costs also went high during this slowdown, leading to an increase in the overall cost of
Asian Paints, with revenue of ten thousand crores, can boast of a healthy profit of around 900 crores.
Asian Paints operates in 17 countries across the world. The company has a dedicated Group R&D Centre in India and has been one of the pioneering companies in India for effectively harnessing Information Technology solutions to maximize efficiency in operations.
Asian Paints has a slew of products ranging from interior and exterior paints, to wood and metal finishes and premium effects products such as Royale Play and Kid’s World. All these products are primarily offered under the brand names Asian Paints, SCIB Paints, Apco Coatings, Taubmans and Berger International.
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Mr. KBS Anand, an alumnus of IIM Calcutta, took charge as the additional director, managing director and CEO of Asian Paints Ltd. since the 1st of April 2012. He was earlier working as the President of the decorative business unit.
As mentioned earlier, with a post graduate diploma in management from IIM – C and a rich experience of 33 years, KBS Anand was the deserving choice for the position of MD and CEO.
After taking charge in 2012, his priority was to optimize the company’s growth in a slowing economy and to diversify into the home décor space. Political and economic uncertainties were hurdles obstructing his dream of growth. Overall demand slowed in Quarter 4 Financial Year ‘13, and the industrial paint segment is still reeling from its impact and is yet to recover. All operational and raw material costs also went high during this slowdown, leading to an increase in the overall cost of