AsianPPG Industries Limited, a joint venture between Asian Paints (India) Limited and PPG Industries, Inc. USA with 50:50 equity sharing was established in February 1997 with the objective of providing solutions to the paint requirements of Indian Automobile manufacturers. The joint venture brought together two leading companies with strengths in technology, manufacturing and customer insight.
AsianPPG Industries Ltd's Board comprises of the following members:
The Chief Executive of AsianPPG Industries Limited is Mr. Jagdish Acharya.
Asian Paints is India's largest paint company and ranks amongst the top ten decorative coatings companies in the world. With a turnover exceeding Rs. 3,000 Crore, it currently holds over 45% share of the organised paint market. Asian Paints products are sold in 65 countries worldwide and it has 29 manufacturing facilities in 22 countries.
Asian Paints manufactures a wide range of paints for Decorative and Industrial use. Vertical integration has led to manufacture of products such as Phthalic Anhydride and Pentaerythritol.
PPG Industries s a $11 billion manufacturer of coatings, chemicals and glass. It is the world leader in automotive and industrial coatings. Coatings businesses constitute 56% of its turnover and PPG is the leading supplier to most automotive manufacturers in the world. PPG Industries is also a technology leader with patented technologies in the Cathodic Electro Deposition process.
PPG also produces protective and decorative coatings, sealants, adhesives, metal pre-treatment products, flat glass, fabricated glass, continuous-strand fibre glass products and specialty chemicals.
With headquarters in Pittsburgh, PPG has 108 manufacturing facilities.
