JSW Paints Eyes Top 3 Spot, ₹7,000-Crore Platform by FY26 After AkzoNobel Deal

• JSW Paints aims to become a top-three player in India's paints market after acquiring AkzoNobel India, which includes the Dulux brand.
• The acquisition, completed in December 2025, makes JSW Paints the fourth-largest player, with plans to integrate operations for synergies.
• The combined entity will focus on cross-selling products through 29,000 dealer counters and expanding market share, targeting 10% in decorative paints by next year.
• By FY26, the JSW Paints-AkzoNobel India business is projected to reach ₹7,000 crore, with significant contributions from decorative and industrial coatings.
• Elimination of royalty payments to AkzoNobel's global parent will free up capital for brand investments and advertising, particularly for Dulux.

Why It Matters: JSW Paints is aggressively expanding post-AkzoNobel deal, targeting top-three market position and ₹7,000-crore revenue by FY26.