PUBLIC COMPANY; YEAR ESTABLISHED: 1942
REVENUE: $2.83 billion s (2018: $2.75 billion)
Architectural coatings; Industrial coatings; Automotive coatings
Amit Syngle, managing director and CEO; R J Jeyamurugan, CFO and company secretary.
Asian Paints is one of the leading paint companies in India, with 7,500 employees worldwide. Along with its subsidiaries, it has operations in 15 countries with 26 paint manufacturing facilities, serving consumers in more than 60 countries.
Besides Asian Paints, the group operates around the world through its subsidiaries Asian Paints Berger, Apco Coatings, SCIB Paints, Taubmans, Causeway Paints and Kadisco Asian Paints.
Architectural/decorative coatings comprised 90 percent of sales and industrial and automotive coatings comprising the rest.
Asian Paints manufactures a wide range of paints for Decorative and Industrial use.
In Decorative paints, Asian Paints is present in all the four: interior, exterior enamels and wood finishes. It also offers waterproofing, wall coverings and adhesives in its product portfolio.
Asian Paints also operates through PPG Asian Paints Pvt Ltd. – a 50/50 JV between Asian Paints and PPG to service the increasing requirements of the Indian automotive
The second 50/50 JV with PPG named Asian Paints PPG Pvt Ltd services the protective, industrial powder, industrial containers and light industrial coatings markets in India.
Key brands in India include for exterior walls: Apex, Ace, Apex Ultima, Apex Ultima Protek and Apex Duracast; interior walls: Royale, Royale Aspira, Royale Play, Tractor, Premium Emulsion, Apcolite and Utsav; metal surface: Utsav, Premium Enamel and wood: PU, Touchwood and Polyester.
Asian Paints launched its Viroprotek range of hand and surface sanitizers.
The product is being manufactured at the company’s plant at Ankleshwar, Gujarat, after obtaining all the necessary statutory approvals and permissions.
The Viroprotek range of hand and surface sanitizers will be available in various pack sizes.
The products became available in the market starting in early May.
“Asian Paints being a ‘Responsible and Caring Brand’ has always been proactive in supporting various government initiatives and helping communities around us," said Amit Syngle, managing director and CEO, Asian Paints Limited. "We have been working in the health and hygiene space for some time and had introduced earlier Royale Health Shield, a revolutionary product which helps customers in maintaining good standards of Hygiene and Bacterial protection for their Homes. We felt it apt to consolidate our portfolio in the hygiene space and address the growing requirement of hand and surface sanitizers for increased protection and assist the government in fighting against the COVID-19 pandemic.”
Asian Paints Adopts ProcessMAP HSE Platform to Drive Health, Safety Transformation Initiatives
Asian Paints Limited adopted ProcessMAP’s suite of cloud and mobile-first solutions to support its enterprise-wide strategic workplace health and safety initiatives, ProcessMAP Corporation announced.
Asian Paints has a stated safety performance vision of zero accidents, zero occupational illnesses, and zero incidents.
To translate this vision into reality, the company will leverage ProcessMAP’s suite of HSE software solutions, internally called iSafe, to:
• Provide enterprise-wide standardization and accountability across key HSE processes
• Adopt one single platform to manage all safety activities and digitize various manual processes;
• Proactively identify and mitigate risks through risk assessments
• Track company-wide HSE metrics by leveraging real-time analytics and actionable data intelligence
• Improve enterprise-wide user engagement through an intuitive and user-friendly interface
• Drive comprehensive stakeholder engagement and accelerate organizational initiatives to build safety as an operational culture.
“At Asian Paints, we were looking for a global partner with comprehensive and scalable HSE software platform to complement our highly matured internal processes,” said N. Jagannadha Rao, chief manager – Corporate Quality and Safety at Asian Paints Limited. “ProcessMAP’s cloud platform maturity, experience and commitment were key differentiators behind this engagement."
“We welcome Asian Paints to our family of India-based customers, which now includes more than 2,000+ facilities of local and global organizations representing all key industry verticals,” added Ashish Mohanty, head of India operations at ProcessMAP.