Asian Paints Ltd. manufactures and markets paints and coating products. It operates through the following business segments: Paints and Home Improvement. The Paints segment manufactures and trades paints and related services. The Home Improvement segment engages in the manufacture and trade of bath fitting products and related services. The company was founded by Champaklal H. Choksey, Chimanlal N.Choksi, Suryakant C. Dani and Arvind R. Vakil on February 1, 1942 and is headquartered in Mumbai, India.