Story of Asian Paints

                                                                                                                                                        

               

• Asian Paints, the largest paint maker of India was founded by Four Friends Champaklal Choksey, Chiimanlal Chokshi, Suryakant Dani and Arvind Vakil in a Garage in Mumbai in 1942.

• Now, They have more than 6000 employees and Revenue of Rs 19000 Crore Rupees.

• India's Biggest Paint maker is raising Salaries of Employees to boost their morale in this time of Corona Pandemic.

• The Company has donated Rs 35 Crores for Covid-19 Relief Funds.

• Asian paints also transferred Rs 40 Crores into the accounts of its Contractors and set an example how a healthy organisation should behave in such time of Crisis.

• Asian Paints Provides assistance to its sales channel for hospitalization, Insurance, Sanitation facilities for partner Stores and Direct Cash Support.

• The Company has been Debt Free for years and have enough Cash and Cash Equivalents( liquidity) to go for several months without any hassle.

• Asian Paints is also the Key Sponsor of 'One Nation One Voice Anthem' dedicated to Corona Warriors.It is sung by more than 200 Artists in 14 different Languages.

• Swimming against the Tide is not easy yet Asian Paints did that and hopefully Corporate World will follow.