New Delhi Witnesses JSW Paints Taking Over Akzo Nobel India To Boost Paint Innovation
JSW Paints has completed its takeover of Akzo Nobel India after securing a 61.2% controlling stake, marking one of the largest consolidations in the country’s paint and coatings market. The move brings global brands such as Dulux into JSW’s portfolio and strengthens its position in decorative and industrial paints. The acquisition is expected to accelerate product innovation, expand distribution, and drive the shift toward more sustainable, high-performance paint solutions across India.
The acquisition, centred in New Delhi, reinforces JSW Paints’ ambitions of scaling into a top-tier player in a market experiencing rapid expansion. India’s paints sector has been buoyed by rising urbanisation, growing housing demand, and increasing emphasis on durable, low-emission coatings for both homes and large infrastructure projects. Industry experts believe JSW’s move will strengthen competition while raising expectations for higher-quality, environmentally safer paint products.A senior industry official noted that the integration of Akzo Nobel India’s capabilities with JSW Paints’ fast-growing operations could give the combined entity an unmatched technological and brand advantage. Akzo Nobel India is known for decades of research strength and an extensive distribution network. Its flagship brand Dulux carries strong goodwill among Indian households, developers, and industrial clients. Bringing it under the JSW umbrella positions the company to consolidate premium offerings while expanding its reach into emerging urban markets.
Executives within JSW Paints indicated that the immediate focus will be on product synergy, technology transfer, and scaling innovation pipelines. According to a company representative, integrating global-quality formulations with JSW’s manufacturing base will help accelerate the rollout of eco-friendly, heat-reflective, and low-VOC paints — categories growing in importance as Indian cities look to improve indoor air quality and reduce building-level heat loads. These solutions align with broader national ambitions of energy-efficient, climate-resilient construction.Urban planners point out that improved paint technology plays a deeper role in city-building than most realise. Long-lasting coatings reduce maintenance cycles for public buildings, social housing, bridges, and urban infrastructure. Heat-resistant paint solutions also support mitigation efforts in cities facing rising temperatures and frequent heatwaves. A consolidated and innovation-led paint manufacturer, they argue, could help push adoption of these solutions across states.
AkzoNobel’s global leadership expressed confidence in JSW Paints’ ability to carry forward the legacy of its India operations, calling the company a strong partner for a fast-growing region. Observers suggest this transition reflects a broader global strategy shift for AkzoNobel, while ensuring continuity for employees, distributors, and customers in India.The transaction was supported by Morgan Stanley as financial advisor, Khaitan & Co. as legal counsel, and Deloitte for financial and tax due diligence. As India’s real estate and infrastructure sectors continue to expand, the strengthened JSW–Akzo Nobel India platform is expected to play a significant role in shaping safer, more vibrant, and environmentally responsible urban spaces in the years ahead.
