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AkzoNobel India Reviews

Gurugram, Haryana

4.5/ 5

2 reviews

Akzo Nobel India Limited, formerly known as ICI India Limited, is a prominent manufacturer and marketer in the paints and coatings sector. Established in March 1954 and headquartered in Kolkata, West Bengal, the company operates as a key player in the Indian chemical products industry. Over the decades, it has expanded its footprints across the country through strategic mergers and restructurings, including the integration of multiple Indian subsidiaries of Akzo Nobel N.V. In a significant corporate development, the company became a subsidiary of JSW Paints Limited, following an acquisition agreement. The core operations of Akzo Nobel India Limited are broadly divided into major business segments: decorative paints, performance coatings, and specialty chemicals. In the decorative paints and retail vertical, the company manufactures and sells a comprehensive portfolio of interior and exterior paints, enamels, lacquers, varnishes, and advanced waterproofing solutions. Its commercial products cater heavily to institutions, builders, and individual contractors. In the performance and industrial coatings vertical, the company provides high-performance solutions tailored for diverse industrial applications, including automotive OEM coatings, vehicle refinishes, consumer electronics coatings, marine and protective coatings, powder coatings, and specialized roofing and domestic appliance formulations. These industrial products serve critical sectors such as oil and gas, power infrastructure, wind energy projects, and transportation. To support its extensive market presence, Akzo Nobel India Limited manages a robust operational infrastructure across India. This includes six modern production facilities, two state-of-the-art research and development laboratories, and a network of approximately 75 warehouses. The company’s commercial network connects with an expanding retail footprint of more than 8,500 retailers nationwide. Its primary products are commercialized under globally recognized brands such as Dulux, Sikkens, International, and Interpon. Financially, Akzo Nobel India Limited is a publicly listed entity traded on major Indian stock exchanges. For the fiscal year ending March 31, 2024, the company maintained an authorized share capital of INR 126.69 crore and a paid-up capital of INR 45.54 crore, with operating revenues estimated between INR 3,750 crore and INR 4,000 crore. The organization employs a dedicated workforce of over 1,300 full-time personnel across its corporate offices, manufacturing plants, and regional sales hubs, which include key administrative setups in Gurugram, Haryana. The leadership team is headed by Managing Director and Chairman Rajiv Rajgopal, alongside Wholetime Director and Chief Financial Officer Krishna Rallapalli. Grounded in its core principles of safety, integrity, and sustainability, the company focuses on delivering innovative and eco-friendly solutions to advance the green transition within the paints and chemical manufacturing sectors.