The paint industry in India is one of the most vibrant and quickly developing areas in the country’s manufacturing sector. Since the paint industry in India is valued at over ₹60,000 crores and growing at a rate of 12-15% yearly, the companies in this sector are enjoying significant expansion. More cities, higher income levels, understanding of home design and a fast-growing real estate sector are all driving this growth. Over the years, the industry has shifted from using whitewash and distemper to developing modern decorative paints, coatings for industry and environmentally friendly products Top 10 Paint Companies in India
Now, people buying furniture want colors, but they also look for durability, attractive finishes and products that protect the environment. As a result, Indian paint companies have worked on research and development, launching innovative products that match the demands of different customers. Whether you want premium or budget-priced paint, you can find it on the market. You will find in this guide information on the best paint companies in India, including their range of products, how they compete in the market and what makes them different to help you choose the best option for your painting needs.
Understanding the Indian Paint Market Dynamics
Market Size & Growth
The paint industry in India is a rapidly expanding part of the chemical sector that is valued at approximately ₹65,000 crores. For the last decade, the industry has grown at a CAGR of 12-15%, far exceeding the general growth in the economy. With over 35% of people living in cities, urbanization is driving the need for both houses and offices to be painted.
About three quarters of all paint consumed is decorative paint, with the rest being industrial paint. Rising wealth and interest in home renovation among the middle class are causing paint sales to grow quickly in tier-2 and tier-3 cities. Paint companies in India are becoming more appealing to investors, both local and foreign, as the market is projected to be worth ₹1,00,000 crores by 2027.
Key Segments
This market is carefully separated into different segments that address the needs of various customers and applications. Interior and exterior emulsions, enamels, primers and specialty finishes for both residential and commercial buildings make up the biggest part of decorative paints.
This part of the market benefits because people are becoming more interested in how their homes look and do more frequent home updates. Automotive refinishes, marine coatings, coverings for infrastructure and powder coatings for appliances and furniture fall under the large segment of industrial paints. With India being a major car maker, the automotive sector of industrial paints is especially important.
In the world of interior design, wood finishes make up an important group. Fire-retardant, anti-corrosive and texture paints are gaining popularity in the coatings industry as important and fast-growing segments. Now, paint companies in India are looking to design eco-friendly, low-VOC paints for all their products to match new environmental and consumer trends.
Recent Trends & Disruptions
Technology, changing customer habits and digital changes are driving major changes in the Indian paint industry. The paint industry is seeing a shift toward using eco-friendly and sustainable materials and businesses are putting more effort into water-based paint and antimicrobial coatings that became popular after the COVID-19 pandemic.
Thanks to digital transformation, paint companies in India now have virtual color viewers, augmented reality tools, online sale channels and digital marketing plans. With organized retail, paint stores and chains for home improvement have increased which has changed the way distribution works and at the same time, direct selling to consumers is becoming more popular. People are seeking out luxury and custom colors more and more, while also wanting surfaces with interesting textures. Incorporating technology in construction, designers can use paints that deflect heat and resist bacteria.
List of Top 10 Paint Companies in India
1. JSW Paints
JSW Paints which began operating in 2020, has quickly become one of the top players in the decorative paints market in India. Because of JSW Group’s diverse business, the company has used advanced tools and strong marketing tactics to build a big share in the market within a limited time. JSW Paints mainly targets the upper and middle-segment markets by creating innovative items that are of the highest quality and finish. The company has put a lot of effort into new manufacturing plants and set up a strong distribution system throughout India.
They have blended their experience in paint manufacturing with today’s marketing and meeting customer needs. JSW Paints has made research and development a priority, allowing it to build products that keep up with people’s changing expectations for durability, how they look and protecting the environment.
Popular Products
- JSW Paints Premium Emulsion
- JSW Shogun Exterior Emulsion
- JSW Paints Primer
- JSW Enamel Paint
- JSW Texture Paint
- JSW Anti-Rust Paint
What Makes Them Stand Out: Rapid market penetration with technology-driven innovative products and aggressive pricing strategies.
Company Details:
- Founder: Part of JSW Group founded by Sajjan Jindal
- Founded in: 2020 (Paint division launched)
- Headquarter: Mumbai, Maharashtra, India
2. Sheenlac Paints
Sheenlac Paints is widely known for its excellent wood finishes and decorative coatings in India. With a goal to offer excellent painting solutions, Sheenlac has developed a respected brand name across the globe. The company provides wood coatings, finishes for furniture and paints for architectural use to furniture manufacturing, interior design and construction. Because Sheenlac focuses on new ideas and high quality, it is widely chosen by both professionals and homeowners.
The company produces goods at modern sites using current technology and implements strict quality control to guarantee the product’s performance remains the same. Their collection includes wood stains as well as more modern types of decorative finishes. Sheenlac continues to invest in research and development to invent environmentally friendly formulas that meet international standards and offer great performance and lasting strength.
Popular Products
- Sheenlac Wood Stain
- Sheenlac PU Clear
- Sheenlac Exterior Emulsion
- Sheenlac Interior Emulsion
- Sheenlac Primer
- Sheenlac Texture Paint
What Makes Them Stand Out: Specialization in wood finishes with premium quality and professional-grade products.
Company Details:
- Founder: Founded by paint industry veterans
- Founded in: 1962
- Headquarter: Chennai, Tamil Nadu, India
3. Shalimar Paint Color & Varnish Co.
Shalimar Paints proudly stands as one of India’s oldest and most well-established paint companies, bringing high quality paints for over eight decades. While following its main values, the business has gone with the flow in the development of India’s paint industry. The company provides both residential and commercial customers with a broad selection of both decorative and industrial coating products.
People stick with the company because its products are consistent and always do what they’re supposed to do. Shops are positioned across India at important locations, so they can reach markets efficiently. The company is still important in the market by always developing better products and incorporating the latest technologies. The company succeeds because it understands the local market well and provides good solutions at reasonable prices.
Popular Products
- Shalimar Interior Emulsion
- Shalimar Exterior Paint
- Shalimar Enamel Paint
- Shalimar Distemper
- Shalimar Primer
- Shalimar Wood Finish
What Makes Them Stand Out: Legacy brand with decades of experience and strong regional market presence.
Company Details:
- Founder: Established by Shalimar Group
- Founded in: 1902
- Headquarter: Howrah, West Bengal, India
4. Nippon Paint India
Nippon Paint India belongs to Nippon Paint Holdings, known all over the world and brings international experience and innovative solutions to India. Thanks to its focus on quality, inventiveness and happy customers, Nippon Paint India has become a top paint brand. Relying on the skills of its parent company, the company comes up with up-to-date paint technologies customized for India’s climate and what Indian consumers are looking for. Nippon Paint India sells products for decoration, coating vehicles and painting ships.
Advanced technology and automated steps are used in their factories to achieve reliable and efficient results. The company has spent money and efforts on raising its brand recognition and improving access to stores in both urban and rural areas. Due to its attention to sustainability, Nippon Paint has developed eco-friendly paint formulas that are better for the environment and perform and look great.
Popular Products
- Nippon Paint Weatherbond
- Nippon Paint Interior Emulsion
- Nippon Paint Wood Stain
- Nippon Paint Primer
- Nippon Paint Texture
- Nippon Paint Enamel
What Makes Them Stand Out: International expertise combined with local market knowledge and advanced paint technology.
Company Details:
- Founder: Subsidiary of Nippon Paint Holdings Co., Ltd.
- Founded in: 2006 (India operations)
- Headquarter: Gurgaon, Haryana, India
5. Sirca Paints India
Sirca Paints India has developed a special role among paint brands in India by focusing on luxury wood coatings and custom industry finishes. The company manages the Indian branch of the Sirca brand which is recognized around the world for its inventive wood finishing and effective industrial coatings. The company mainly provides its products to professional builders, manufacturing firms and customers who care about quality. Extensive research and testing are used in product development, so the company’s coatings are durable, attractive and safe for the environment.
Combining Italian technology and global practices in manufacturing, Sirca is able to make products that match or surpass those from leading worldwide brands. They demonstrate their care for the environment by creating low-VOC and environmentally friendly products that satisfy tough international environmental regulations.
Popular Products
- Sirca Polyurethane Clear
- Sirca Wood Stain
- Sirca Primer
- Sirca Lacquer
- Sirca Texture Coating
- Sirca Industrial Coating
What Makes Them Stand Out: Specialization in premium wood coatings with Italian technology and professional-grade quality.
Company Details:
- Founder: Part of Sirca S.p.A. Italy
- Founded in: 2011 (India operations)
- Headquarter: Pune, Maharashtra, India
6. Indigo Paints
Indigo Paints has stood out in India by offering a modern approach to paint products and marketing, competing well against older and bigger market leaders. Its reputation is founded on making decorative paints that are both functional and trendy. Indigo Paints mainly works in the premium decorative area, bringing paints that modern consumers prefer for their attractive looks and durability. The business’s achievements come from focusing on research and development which leads to new products that match what the market requires.
With the help of advanced technology and strict quality control, their factories create products that are of the same high quality all the time. Indigo Paints uses bold marketing techniques and ensures their products are available in all types of markets. The company helps customers after the sale with its wide range of after-sales and technical help programs. Their growing range of products includes new ones that take advantage of the latest paint technology.
Popular Products
- Indigo Easy Clean Interior Paint
- Indigo Exterior Emulsion
- Indigo Primer
- Indigo Enamel Paint
- Indigo Texture Paint
- Indigo Wood Finish
What Makes Them Stand Out: Innovation-driven approach with focus on contemporary designs and high-performance decorative paints.
Company Details:
- Founder: Hemant Jalan
- Founded in: 2000
- Headquarter: Pune, Maharashtra, India
7. Dulux Paints
Dulux Paints is part of AkzoNobel in India and shares its worldwide knowledge and innovations with the local market. Among India’s paint companies, Dulux has become known for making quality, reliable and professional-grade products. The company makes coatings that are both attractive and helpful in protecting a wide variety of products used by consumers and businesses. Dulux stands out for always innovating by adding new technologies and products that satisfy the needs seen in the paint industry.
The company’s manufacturing plants are held to international standards and meet environmental requirements, so all products perform the same. Dulux has spent a lot on marketing and has partnered with architects, contractors and designers to make its brand more visible. The company’s commitment to sustainability led to making paint that is environmentally friendly and still provides great quality and durability.
Popular Products
- Dulux Weathershield
- Dulux Interior Emulsion
- Dulux Wood Primer
- Dulux Gloss Enamel
- Dulux Texture Paint
- Dulux Anti-Rust Paint
What Makes Them Stand Out: International quality standards with comprehensive product range and professional-grade performance.
Company Details:
- Founder: Part of AkzoNobel (originally founded by others)
- Founded in: 1931 (global brand)
- Headquarter: Mumbai, Maharashtra, India
8. Kansai Nerolac Paints
Kansai Nerolac Paints is among the most respected paint businesses in India, thanks to its nine-decade history of making excellent and innovative products. The company shows that Indian knowledge and Japanese technology can be connected to make outstanding paint products. The company has become a leading provider of paint, supporting customers at home and also in large industries. The company’s main advantage is its advanced R&D, regular product innovation and factories in several Indian locations.
Their quality is clear from their ISO certification and the fact they follow international standards. The company has set up one of the most reliable distribution channels in the sector, so its products are available in both urban and rural areas. The company emphasizes both satisfying their customers and providing technical support.
Popular Products
- Nerolac Excel Emulsion
- Nerolac Exterior Paint
- Nerolac Enamel Paint
- Nerolac Primer
- Nerolac Wood Finish
- Nerolac Industrial Paint
What Makes Them Stand Out: Perfect blend of Indian market knowledge and Japanese technology with extensive distribution network.
Company Details:
- Founder: Joint venture between Kansai Paint Co. Ltd. and Indian promoters
- Founded in: 1920
- Headquarter: Mumbai, Maharashtra, India
9. Berger Paints India Ltd.
The company, Berger Paints India Ltd., proudly occupies the #2 spot among Indian paint companies, with a history that extends to the British era. The company has changed from an old paint company to a leading advanced business that performs well in various markets. For decades, Berger Paints has impressed people with high-quality products, urban surfing and solid customer relationships.
The company provides one of the largest range of products in the industry, including decorative paints, industrial coatings, automotive refinishes and specialty products. Their factories are placed in different parts of India, empowered by the latest technology and strong quality management. The firm has focused on promoting its brand which has resulted in recognizable goods and loyal clients. Through continuous research and development, their improvements in product line have raised the standard for both performance and quality.
Popular Products
- Berger Silk Emulsion
- Berger WeatherCoat
- Berger Enamel Paint
- Berger Primer
- Berger Wood Stain
- Berger Texture Paint
What Makes Them Stand Out: Second-largest paint company with comprehensive product range and extensive market reach across India.
Company Details:
- Founder: Lewis Berger & Sons (originally), now Indian ownership
- Founded in: 1923 (in India)
- Headquarter: Kolkata, West Bengal, India
10. Asian Paints
In India, Asian Paints has been the unrivaled leader among paint makers for over 70 years, holding the biggest share and introducing new industry standards. The business has grown from starting small to being valued as India’s most important paint company and one of the biggest in Asia. The company’s achievements are due to focusing on new ideas, caring for its customers, strong brand name and outstanding operations.
The company offers decorative paints for every type of customer, starting from the cheapest to the most expensive and also industrial coatings and products for car refinishes. The company has operations all over the world, each with leading technology and tough environmental safeguards. Asian Paints has developed many new concepts in the industry such as color matching, decorative services and online color planning. Research and development efforts by these firms have introduced new products that have changed what customers and industries expect.
Popular Products
- Asian Paints Royale
- Asian Paints Apex
- Asian Paints Tractor Emulsion
- Asian Paints Apcolite
- Asian Paints Primer
- Asian Paints Texture
What Makes Them Stand Out: Market leader with largest market share, most extensive product range, and strongest brand presence in India.
Company Details:
- Founder: Champaklal Choksey, Chimanlal Choksi, Suryakant Dani, and Arvind Vakil
- Founded in: 1942
- Headquarter: Mumbai, Maharashtra, India
Factors to Consider When Choosing a Paint Company
When selecting a paint company, several key factors ensure you make the right choice for your project.
- Experience and Reputation: A company’s experience and reputation are very important. Check the company’s past projects, read comments from previous customers and get referrals to judge their dependability and the quality they offer.
- Licensing and Insurance: If a company hires someone, Licensing and Insurance for that person are absolutely required. Check that the company has both the necessary licenses and insurance for any harm or accident that could happen on the job.
- Quality of Materials: What long-lasting furniture needs is strong and high-quality materials. Many good quality businesses use strong paints and primers which are often backed by a warranty for both their service and products.
- Detailed Estimates: A Detailed Estimate should clearly separate the costs of labor, materials and time. Don’t go for companies that are giving you vague or unexpectedly low prices without thoroughly checking.
- Communication and Professionalism: You can judge the success of your project by observing your contractor’s communication and professionalism. Be sure you get prompt support, easy-to-follow answers and courtesy from others.
- Portfolio and Specialization: Portfolio and Specialization make it possible to tell if they handle projects in areas such as residential, commercial, interior design or exterior design, much like the one you’re planning.
Top Paint Brands & Their Average Prices (2025)
Asian Paints
- Royale Luxury Emulsion: ₹425–₹600 per litre
- Tractor Emulsion: ₹135–₹190 per litre
- Apex Ultima: ₹300–₹450 per litre
- Apcolite Premium Satin Emulsion: ₹600–₹650 per litre
- Apcolite Advanced Matt: ₹300–₹350 per litre
- Royale Aspira: ₹595 per litre
- Royale Matt: ₹400–₹450 per litre
Nerolac Paints
- Royal: ₹100–₹130 per litre
- Excel: ₹120–₹150 per litre
- Impressions: ₹150–₹200 per litre
- Beauty: ₹80–₹100 per litre
Berger Paints
- Silk Breathe Easy: ₹400–₹500 per litre
- Easy Clean: ₹300–₹400 per litre
- WeatherCoat: ₹350–₹450 per litre
- Luxol High Gloss Enamel: ₹200–₹300 per litre
AkzoNobel (Dulux Paints)
- Dulux Velvet Touch: ₹400–₹500 per litre
- Dulux SuperCover: ₹350–₹450 per litre
- Dulux Weathershield: ₹300–₹400 per litre
Indigo Paints
- Interior Emulsion: ₹300–₹400 per litre
- Exterior Emulsion: ₹350–₹450 per litre
- Wood Finish: ₹500–₹600 per litre
Conclusion
India’s paint industry is lively and developing quickly, creating valuable opportunities for those who work and buy in it. The companies in India have shown excellent skills in adapting, innovating and growing by switching from being traditional manufacturers to leaders in technology on the global market. Each of the leading 10 companies highlighted in this guide views the market differently, as they all have unique strengths, new products and presence in the market for various consumers.
Because Asian Paints leads in the market and JSW Paints is cleanly going after customers with advanced technology, the industry enjoys healthy competition that benefits buyers by improving product standards, reducing prices and supporting innovation. With urbanization growing overall, plus rising levels of income and awareness of appearance and helping the environment, the future for home design is encouraging.
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FAQs
Which is the largest paint company in India?
Asian Paints ranks first among paint companies in India and has the greatest market share and revenue in the decorative paints division.
Are Indian paint companies’ products suitable for extreme weather conditions?
As a matter of fact, most top paint brands in India are made to resist the challenges of heat, humidity and rains in India.
How do I choose between premium and economy paint options?
Don’t forget to look at your budget, the expected sturdiness, the kind of flooring and how much care the flooring requires. When you choose premium paints, you get better value in terms of how much area they cover, their lifespan and the look they provide.
Do paint companies in India offer eco-friendly options?
Many big paint manufacturers produce low-VOC, water-based paints that meet international rules for environmental protection.
What is the typical warranty offered by paint companies in India?
Renowned paint makers usually cover their products for 5-15 years based on the item you choose and premium choices generally last longer under warranty.
