India's Paint Industry
The Rise of Asian Paints
How four friends founded Asian Paints in a Mumbai garage in 1942, beat foreign rivals by selling small packs to rural buyers, and became India's market leader.
Asian Paints is India’s paint leader.
Founding
Four friends started Asian Paints in a Mumbai garage in 1942, during a wartime import ban.
Small packs
They sold paint in small packs that rural and small-town buyers could afford.
Distribution
Asian Paints built a vast dealer network, reaching small towns ahead of rivals.
Market leader
By 1967, it became India’s largest paint company.
Technology
It invested early in computers for demand forecasting in the 1970s, helping manage stock.
Gattu
Its mascot Gattu, created by R.K. Laxman in 1954, became famous.
A farmer buys a small tin of paint to colour his door, something big foreign brands didn't offer.
Asian Paints beat them with distribution.
- Asian Paints began in 1942.
- Small packs reached rural buyers.
- It led the market by 1967.
- Forecasting technology helped.
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