Joint Venture4 Aug 2025, 10:30 pm
Asian Paints Ltd Extends Partnership with PPG Group for 15 More Years
AI Summary
Asian Paints Ltd has extended its joint venture agreements with the PPG Group, USA, for a further 15-year period. The joint venture companies, PPG Asian Paints Private Limited and Asian Paints PPG Private Limited, will continue to serve the country’s industrial, protective, marine, packaging, automotive and powder coatings customers with industry-leading solutions. The renewal is expected to take effect in 2026 and run through 2041.
Key Highlights
- Asian Paints Ltd and PPG Group extend their partnership for 15 more years
- The partnership will continue to serve various industrial and automotive coatings markets
- PPG Asian Paints Private Ltd and Asian Paints PPG Private Ltd will continue to operate
- The renewal is expected to take effect in 2026 and run through 2041
- The partnership was established in 1997 and expanded in 2012