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Berger Paints India Ltd is an Indian multinational paint company, based in Kolkata. [5] This company has 16 manufacturing units in India , [ 6 ] 2 in Nepal , and 1 each in Poland , Russia and Pakistan . [ 7 ]
Gurbachan Singh Dhingra is an Indian entrepreneur, promoter and vice chairman of Berger Paints. Gurbachan has been listed as one of Forbes India's richest Indians and also in its The World's Billionaires list among the highest Indians by net worth .
In 2002, Asian Paints acquired a 60% stake in Egyptian paint manufacturer SCIB Chemicals for ₹ 24.5 crore (US$5.04 million). [14] It also acquired a 50.1% stake in the SGX-listed Berger International Singapore, which had operations in 11 countries across Southeast Asia, West Asia, the Caribbean, China and Malta, for US$20.8 million. [15]
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Kansai Nerolac Paints Limited (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in Mumbai. [3] [4] [5] It is a subsidiary of Kansai Paint of Japan. [6] As of 2015, it has the third largest market share with 15.4% in the Indian paint industry. [7]
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