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Asian Paints Group – Painting India's Growth Story

Key Person: Malav Ashwin Dani, Jalaj Ashwin Dani, Hasit Ashwin Dani, Mahendra Chimanlal Choksi, Nehal Abhay Vakil, Dipika Amar Vakil, Amrita Amar Vakil, Vivek Abhay Vakil

Net Worth (INR)

₹133,584 Cr

Net Worth (USD)

$16,008Mn

Location

Mumbai

Industry

Asian Paints began as a bold startup during colonial rule and has evolved into India’s leading paint and décor brand. Led by generations of the Dani, Choksi, and Vakil families, the company pioneered brand trust, innovation, and pan-India distribution long before D2C was a trend. Their mastery in balancing legacy with reinvention makes them a poster child for consumer durability in India’s growth story.

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