Asian Paints with its intent to enter the Home Improvement and Décor space in India had acquired 51% stake in Sleek group, a kitchen solutions provider in August 2013. Sleek is a major player in the organized modern kitchen space and is engaged in the business of manufacturing, selling and distribution of modular kitchens as well as kitchen.
Asian Paints Limited (BSE: 500820, NSE: ASIANPAINT) is an Indian multinational paint company headquartered in Mumbai, Maharashtra. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to Industry: Chemicals.
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- Asian Paints, the Rs.737.20 crore paints major, has launched a new marketing thrust with the introduction of a one-stop colour shop for paints complete with a software for consumers to choose.
INTRODUCTION OF ASIAN PAINTS Asian Paints is India's largest paint company and the third largest paint company in Asia today, with a turnover of Rs 101 billion (US$1.7 billion). The company has an reputation in the corporate world for professionalism, fast track growth, and building shareholder equity.