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    Asian Paints was founded in 1942 in Mumbai by four entrepreneurs under the name "The Asian Oil & Paint Company" and emerged as India's leading paint company by 1967, ahead of any international competition. Today, Asian Paints has become the 10th largest decorative paint company in the world and is more than twice the size of its nearest competitor in India. The document also provides background information on Nerolac, one of Asian Paints' main competitors in India.

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    Asian Paints was founded in 1942 in Mumbai by four entrepreneurs under the name "The Asian Oil & Paint Company" and emerged as India's leading paint company by 1967, ahead of any international competition. Today, Asian Paints has become the 10th largest decorative paint company in the world and is more than twice the size of its nearest competitor in India. The document also provides background information on Nerolac, one of Asian Paints' main competitors in India.

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    12 views3 pages

    CCCCCCCCCCCCCCCCCCCCCCCCC: CCCC

    Uploaded by

    itsarora
    Asian Paints was founded in 1942 in Mumbai by four entrepreneurs under the name "The Asian Oil & Paint Company" and emerged as India's leading paint company by 1967, ahead of any international competition. Today, Asian Paints has become the 10th largest decorative paint company in the world and is more than twice the size of its nearest competitor in India. The document also provides background information on Nerolac, one of Asian Paints' main competitors in India.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Asian Paints
    In 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. They name their company 'The Asian Oil & Paint Company', a name that they picked randomly from a telephone directory.

    1967
    Asian Paints emerges as India's leading paint company ahead of any international competition.

    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

    Company Background:Incorporation Year Chairman Company Secretary Registered Office URL Auditors Listing 1942 Ashwin C Choksi Jayesh Merchant Santacruz East, Mumbai www.asisanpaints.com Shah & Co , BSR & Associates BSE , NSE

    Nerolac paints ( Competitor)


    1920: We started our journey as Gahagan Paints and Varnish Co. Ltd at Lower Parel in Mumbai. 1957: Goodlass Wall Pvt. Ltd grew popular as Goodlass Nerolac Paints (Pvt) Ltd. Also, it went public in the same year and established itself as Goodlass Nerolac Paints Ltd. 2006: On the 11th of July, Goodlass Paints Ltd. name has been changed to Kansai Nerolac Paints Ltd. Company background:Incorporation Year Chairman Company Secretary Registered Office URL Auditors Listing 1920 J J Irani G T Govindarajan Lower Parel, Mumbai http://www.nerolac.com BSR & Co BSE , NSE

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