How Asian Paints Has Been A Market Leader For More Than 50 Years?
Asian Paints is one of the greatest firms in the history of the Indian business ecosystem, and the most remarkable aspect of it is that it is the only company to have expanded at a CAGR of 20% for the past 60 years. And if you had invested one lakh rupees in Asian paints in 2000 at Rs 3000 a share today, your wealth would be worth at least Rs 1.87 crores, even without dividends. Asian Paints’ business doubles every three years, and the company has been a market leader in the sector for 54 years.