Asian Paints Is India's Largest Paint Company
Asian Paints Is India's Largest Paint Company
Asian Paints Is India's Largest Paint Company
Ranked among the top ten Decorative coatings companies in the world
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HISTORY
1st February, 1942: Armed with little knowledge and great determination, Champaklal H. Choksey, Chimanlal N. Choksi, Suryakant C. Dani and Arvind R. Vakil get together to manufacture paint in a garage on Foras Road, Bombay. 1945: Asian Paints touches a turnover of Rs. 3,50,000.
Cont .
1954 Asian Paints mascot, Gattu, the mischievous kid, is born. 1957 66 The family-owned company makes the transition to a professionally managed organisation. 1967 Asian Paints emerges as India's leading paint company ahead of any international competition.
Asian Paints has won many awards & recognitions which include
Ranked
24th amongst the top paint companies in the world by Coatings World Top Companies Report 2006. Asset - one of Asia's leading financial magazine ranked Asian Paints amongst the leading Indian companies in Corporate Governance in 2002 and 2005.
The
Received
the Ernst & Young "Entrepreneur of the Year - Manufacturing" award in 2003.
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VISION
Asian Paints aims to become one of the top five Decorative coatings companies world-wide by leveraging its expertise in the higher growth emerging markets. Simultaneously, the company intends to build long term value in the Industrial coatings business through alliances with established global partners.
South Asia
- Caribbean region - South East Asia
- South Pacific
Middle East
Caribbean region
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Asian Paints
Berger International
Taubmans
SCIB Paints
Apco Coatings
GROUP SUBSIDARIES
Apco Coatings is a subsidiary of Asian Paints in the South Pacific islands. Asian Paints operates in Australia, Fiji, Tonga, Solomon Islands and Vanuatu under the brand name of Apco Coatings. .
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Cont
..
Founded in 1979, SCIB Paints today is a reputed name and ranks amongst the top five paint companies in Egypt. SCIB Paints became a part of the Asian Paints group in August 2002
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segments
Paint
Chemicals
Decorative Paints
Industrial Paints
Phthatic Anhydried
Penraerythritol
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Over 14500 direct dealers as opposed to 7000 of our nearest competitor Over 35% of the dealers do business only with APIL 67 sales locations situated all across the Country
15000
7000
4500
APIL
GNP
Berger
ICI
3700
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Information Technology
Asian Paints is the first company in India to have integrated Supply Chain Management (SCM) Solution from i2 Technologies, and Enterprise Resource Planning (ERP) solution from SAP. Asian Paints has launched a supplier portal that includes an automated digital document exchange facility An employee portal Customer Relations Management (CRM)
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Investment in I.T.
Benefits:
RM & FG inventory reduction Revenue Increase by avoiding retail shorts Reduction in dead & slow moving stock Plant through-put improvement
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Asian paint to exit from Thailand and China. Already sold stakes in two loss making units in Hong kong and Malaysia. Study conducted by the CSEs Pollution monitoring laboratory found the Apcolite (Asian paint) sample with lead much higher than the standard.
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140
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115
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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, over 2500 SKU's, Integrated SAP - ERP & i2 - SCM solution. On the recommendations of Booz, Allen and Hamilton, Asian Paints restructured itself into Growth, Decorative and International business units and adopted SCM and ERP technology. Asian Paints aims to become the 5th largest decorative paint company in the world.
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FUTURE OUTLOOK
To further improving the operations. Plans to launch new products in line as: - Introducing Water based Paints - Repositioning of existing Brands in Rural Market - Broadening of Distribution Network - Adding more choices for shades and effects - Enhancing Better Quality - Demand will be generated through the new constructions coming in housing and industries
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