Asian Paints Ltd (Asian Paints) is a paint manufacturing company. It offers a range of waterproofing and painting solutions for offices and homes. The company serves customers in Asia, the Middle East, South Pacific and Africa through Asian Paints, Apco Coatings, Asian Paints Berger, SCIB Paints, Taubmans and Kadisco Asian Paints brands.

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Asian Paints’s research and development (R&D) activities are focused towards developing new products and processes. It operates three research & technology center and test sites in India. The company has more than 258 scientists in its research and technology center. The company’s research and development efforts focus on bringing consistent breakthroughs in product innovation and strongly partnering with internal stakeholders for creating value. The company emphasizes upon designing and scaling up nanomaterial for various functional attributes, it also works towards improving spray capabilities for high solid re-dispersable polymers. It intends to develop polyurethane dispersions for various applications along with the development of powder coatings capable of curing at lower temperature. As of March 2025, the company had 85 granted patents and 13 patents added during the FY2025 and filed additional 17 patents. The company also published over five international research papers along with the launch of 27 new products in decorative paints. Asian Paints also launched 45 new products in industrial paints. In FY2025, it also had over four breakthrough projects implemented. In FY2025 the company incurred a research and development expenditure of INR1,257 million which was 0.3% of the company’s total revenue.