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Dhingra Brothers Transform Failed Company into Rs 68,000 Crore Paint Empire

  • Kuldip and Gurbachan Singh Dhingra acquired Berger Paints from Vijay Mallya in the 1990s
  • Brothers turned struggling company into India's second-largest paint manufacturer
  • Berger Paints achieved Rs 10,619 crore revenue in 2023, operates in multiple countries
  • Dhingra family's paint industry roots date back to 1898, with early success in exports
  • Next generation now involved, with combined family net worth of $8.2 billion (Rs 68,467 crore)

Source: Financial Express

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