(Clockwise from top left) Aditya Birla Group Chairman (also jury chairman) Kumar Mangalam Birla; JSW Group Chairman Sajjan Jindal; Cyril Amarchand Mangaldas Managing Partner; Cyril Shroff; McKinsey & Company Senior Partner Noshir Kaka; EY India Chair
With a market capitalisation of Rs 2.32 trillion, Asian Paints is the country’s leading manufacturer of paints and controls over half the decorative paints market in India. It has remained the leader for decades, despite stiff competition from local and foreign players. And a key reason for its success is the control it has over the trade network and a top-class management.
Much of the credit for the success of Asian Paints goes to its former managing director and chief executive officer (CEO) K B S Anand, who retired from the company after a four-decade-long career on March 31, 2020.
First Published: Feb 22 2021 | 12:45 AM IST