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HDFC Securities Retail Research
Akzo Nobel N.V., the world’s third largest paint company with leading market positions and brands in countries around the globe, operates in India through its subsidiary Akzo Nobel India Ltd.
Akzo Nobel has been an integrated player, covering all segments and coating all surfaces while having a strong presence in the premium/niche segments. With access to global research and development technology, it continues to focus on innovations by bringing best in class differentiated products to the Indian consumer and focusing on key brands.
Over the years it has expanded footprint into adjacent categories of waterproofing, woodcare, putty and adhesives. It has strengthened its distributor footprint (20,000 plus dealers and 52 sales depots) with the much-needed reach into the under-served districts of India as tier II/III/IV cities are likely to drive the high growth.
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