JSW Paints, India’s leading environment-friendly paints company and part of US$ 23 billion JSW Group has recorded a 5x higher than industry growth in business since its launch 5 years ago. After crossing INR 1,000 crore in FY22, JSW Paints has now hit a INR 2,000 crore run-rate within 15 months.
Commenting on its business growth Mr Parth Jindal, Managing Director of JSW Paints said, “ It’s a moment of great pride that JSW Group’s first true consumer-facing business has been so well received across the country enabling us to cross the Rs 2,000 crore revenue so quickly from when we entered the market. We are committed to our vision of building JSW Paints as the leading paints company of the future that will continuously set new trends in the industry. Our core strategy of continuous innovation and wide-ranging disruptions are delivering promising results.”
According to Mr AS Sundaresan, Joint Managing Director & CEO of JSW Paints, “Our promise to offer the best qualityand our efforts will continue to empower the consumers to be more involved and make an informed choice. We are confident that they will continue to discover that JSW Paints offers the very best, as over a million happy households have already experienced this year.”
The company is on track to close FY24 with a turnover higher than INR 2,000 crore. The company is confident of achieving its next INR 1,000 crore of revenue in an even shorter time period, having already crossed the INR 1,500 crore mark within 9 months in the current fiscal.