Top 10 Paint Companies in India

India’s paint industry has experienced massive growth in the last decade, driven by urbanization, infrastructure development, and a booming real estate sector. From vibrant walls to corrosion-resistant industrial coatings, paints are now an essential part of both aesthetics and protection.

In 2025, the Indian paint market is valued at over ₹75,000 crore, with a projected growth of 8–10% annually. Let’s dive into the top 10 paint companies in India, known for their wide product ranges, innovation, and brand dominance.

🏆 1. Asian Paints Ltd.

• Headquarters: Mumbai, Maharashtra

• Founded: 1942

• Market Share: ~40% (largest in India)

Asian Paints is a household name and the undisputed leader in India’s decorative paint segment. Known for innovation, branding, and pan-India distribution, its product portfolio spans interior and exterior wall paints, waterproofing, textures, and industrial coatings.

Popular Brands:
Royale, Apex Ultima, Tractor Emulsion, SmartCare

Why It Stands Out:
Cutting-edge technology, strong brand recall, and user-friendly color consultation services.

🥈 2. Berger Paints India Ltd.

• Headquarters: Kolkata, West Bengal

• Founded: 1923

• Market Share: ~14%

Berger Paints is known for its vibrant marketing, quality products, and quick turnaround. It offers decorative and industrial paints, waterproofing solutions, wood coatings, and protective coatings for infrastructure projects.

Popular Brands:
WeatherCoat, Silk Glamour, Easy Clean

Why It Stands Out:
Strong R&D, pan-India presence, and excellent dealer network.

🥉 3. Kansai Nerolac Paints Ltd.

• Headquarters: Mumbai, Maharashtra

• Founded: 1920

• Parent Company: Kansai Paint, Japan

Kansai Nerolac is India’s largest industrial paint manufacturer and a major player in decorative coatings. It leads in automotive paints, supplying to companies like Maruti Suzuki, Honda, and Toyota.

Popular Products:
Nerolac Excel, Beauty Gold, automotive coatings

Why It Stands Out:
Strong OEM partnerships, green coatings, and advanced technology.

⭐ 4. Akzo Nobel India Ltd. (Dulux Paints)

• Headquarters: Gurugram, Haryana

• Founded: 1993 (India operations)

• Parent Company: AkzoNobel N.V., Netherlands

Akzo Nobel owns the premium brand Dulux, known for elegant colors, rich finishes, and durable performance. It offers a range of paints for homes, wood, metal, and industry.

Popular Products:
Dulux Velvet Touch, Weathershield, Dulux Promise

Why It Stands Out:
Global expertise, sustainability focus, and premium feel.

🚀 5. Indigo Paints Ltd.

• Headquarters: Pune, Maharashtra

• Founded: 2000

• Stock Listed: NSE, BSE (since 2021)

Indigo Paints is a rising star in the Indian market, known for differentiated products like floor paints, ceiling coats, and exterior emulsions. It targets Tier-2 and Tier-3 cities and has strong brand visibility, thanks to aggressive marketing and celebrity endorsements.

Popular Products:
PU Enamel, Floor Coat, Dirtproof Emulsion

Why It Stands Out:
Unique products, youthful branding, rapid growth

🌿 6. Nippon Paint India

• Headquarters: Chennai, Tamil Nadu

• Parent Company: Nippon Paint Holdings Co., Japan

• Founded in India: 2006

Nippon Paint is known for environmentally friendly, low-VOC paints with Japanese technology. It offers a wide range for interiors, exteriors, and automotive segments.

Popular Products:
Odour-less AirCare, Weatherbond, Spot-less NXT

Why It Stands Out:
Eco-conscious innovation and global quality standards

🏗️ 7. Shalimar Paints Ltd.

• Headquarters: Gurugram, Haryana

• Founded: 1902

One of the oldest paint companies in India, Shalimar Paints has a legacy in providing industrial, marine, and architectural coatings. It has been a key supplier to government and defense projects.

Popular Products:
Heavy-duty coatings, primers, enamel paints

Why It Stands Out:
Rich heritage, industrial strength, infrastructure focus

🧱 8. Snowcem Paints

• Headquarters: Mumbai, Maharashtra

• Founded: 1959

Snowcem is best known for its exterior cement-based paints, ideal for low-cost housing and high-moisture areas. It caters largely to institutional, rural, and infrastructure projects.

Popular Products:
Cement Paint, Exterior Wall Finishes

Why It Stands Out:
Specialization in exterior and cement coatings

🏠 9. British Paints

• Headquarters: New Delhi

• Parent Company: Berger Group

• Founded: 1919 (reintroduced in India in 2009)

British Paints offers a budget-friendly range of emulsions, enamels, and waterproofing products. It has an established presence in both residential and commercial markets.

Popular Products:
Shingar, Glamour, British Exterior Emulsion

Why It Stands Out:
Affordable quality and trusted heritage

🖌️ 10. Jenson & Nicholson (India) Ltd.

• Headquarters: Kolkata, West Bengal

• Founded: 1922

Once a market leader, Jenson & Nicholson is reinventing itself with a focus on industrial coatings and niche decorative products under the brand “Perfetti Paints”.

Why It Stands Out:
Legacy brand with strong industrial clientele

📈 Market Trends & Insights (2025)

• Smart & eco-friendly paints are gaining traction, driven by consumer awareness and green building standards.

• Waterproofing and textured finishes are in high demand in urban markets.

• Tier-2 and Tier-3 cities are driving growth, thanks to rising disposable incomes and housing projects.

• Companies are investing in digital tools for color visualization, e-commerce, and virtual consultations.

🧠 Conclusion

India’s paint industry is more dynamic than ever, with innovation, sustainability, and smart marketing driving competition. Whether you’re renovating a home, working on a commercial project, or exploring investments, these top paint companies in India are setting the benchmark for quality and performance.

From market giants like Asian Paints and Berger to fast-growing challengers like Indigo Paints, there’s a brand for every budget and need.

Frequently Asked Questions (FAQs)