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Asian Paints Ceo Kbs Anand

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We all remember the iconic Sunil Babu ad, wherein a man praises Sunil Babu by using the popular phrase “Badhiya Hain”, for how good his house looks over the years even though other things changed. The ad is for Asian Paints, India’s largest paint company and third largest paint company in Asia. It was founded in 1942 and is headquartered in Mumbai.
Asian Paints, with revenue of ten thousand crores, can boast of a healthy profit of around 900 crores.
Asian Paints operates in 17 countries across the world. The company has a dedicated Group R&D Centre in India and has been one of the pioneering companies in India for effectively harnessing Information Technology solutions to maximize efficiency in operations.
Asian Paints has a slew of …show more content…

Also the constantly deprecating rupee is a huge cause of concern for Mr. Anand and Asian Paints. All these issues made his dream look even more impossible. But there is always light at the end of the tunnel.
Lets look at a few initiatives and projects that Mr. Anand has undertaken or wants to begin with in the near future. We will also look at some of his and subsequently the company’s achievements in the recent past. 1. Asian Paints managed to grow at par with the industry rate in FY’13 2. Net sales rose to Rs. 10906 cr. In FY’13 as compared to Rs. 9598 cr. in FY’12 3. Manufacturing capacity has been increased substantially since the last year with a new plant in Khandala, Maharashtra set up with initial capacity of 300 thousand kl per annum 4. The capacity of the Rohtak plant was also increased to 200 thousand kl per annum 5. There is a full fledged R&D set up at Turbhe with over 200 scientists working on new projects

Also, 1. Mr. Anand aims to develop two joint industrial ventures (with PPG Inc USA) and ensure that they become leading paint suppliers in respective markets 2. As was the dream of Mr. Anand when he took up the position as MD & CEO, to enter into the home décor segment, Asian Paints has acquired Sleek International Pvt. Ltd. (an Indian brand in modular kitchens) 3. This acquisition worth Rs. 120 cr and a 51% stake in the company, will mark the company’s strategic

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