India's paint business is estimated to be worth over INR 50 billion, while the cosmetic paint sector accounts for more than 75% of the market. It consists of primers, wood finishing touches, enamel paints, and interior and exterior wall paints. The remaining 25% is made up of both commercial and residential paints. Granular coatings, traditional industrial coatings, naval and protective coatings, and vehicle and container coatings are also available.
Paint manufacturers in India are expected to generate INR 18 trillion in exports and INR 39 trillion in imports. There are various well-known global merchants and paint manufacturers in India. Let's look at the most prominent names among them in detail.