Asian Paints - Strategies, Entry Mode, StructureTony Sebastian
This PDF file include the Strategies followed by Asian Paints world wide. It also includes the structure of their organisation and how they enter into other countries in a global perspective
Asian Paints - Strategies, Entry Mode, StructureTony Sebastian
This PDF file include the Strategies followed by Asian Paints world wide. It also includes the structure of their organisation and how they enter into other countries in a global perspective
This presentation contains a glimpse about Asian paints. And there is some of the market analysis that had been done on Asian Paints. Like: - SWOT, PESTLE, STP.
This presentation contains a glimpse about Asian paints. And there is some of the market analysis that had been done on Asian Paints. Like: - SWOT, PESTLE, STP.
1. Company's -History, vision, international presence, awards, products & services, overall scenario of the company
2.Current brand scenario versus company scenario
3.Current Marketing Situation- how is the organization marketing and selling a brand
4.Internal analysis - Business goals, Internal marketing, export, supply chain and distribution
5.External Analysis -Market Analysis, Competitor analysis, Customer focus
The company was started in garage in Gaiwadi, Girgaum Mumbai by four friends Champaklal Choksey, Chimanlal Choksi, Suryakant Dani and Arvind Vakil in February 1945.
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This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
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Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
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Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
2. Company Name: Asian Paints.
Type: Public Ltd.
Industry: Paint.
Founded: 1942
Head Quarter: Mumbai, India.
Key people: Mr. P.M.Murti CEO & MD.
Workforce: 4700
Website: www.asianpaints.com
• Started in 1942 by four entrepreneurs: Choksey Brothers.
• In 1967, Asian Paints became the 10th largest paint company in
the world.
• In 1973, it became a public limited company.
• In 2002, it was a market leader of Indian decorative paints.
• With a turnover of Rs.158.5 billion ,Asian Paints operates in 19
countries and have 26 manufacturing facilities, and serving
customers over 65 countries.
3. ASIAN PAINTS TODAY
• Asian Paints becomes the 10th largest
decorative paint company in the world.
• Asian Paints is more than twice the size of its
nearest competitor.
• It is one of the most admired companies in
India Present in 22 countries with 27
manufacturing locations.
• Asian Paints aims to become the 5th largest
decorative paint company in the world.
4. Clear Goals for a
Clear Future
• “To be the fore
runner of
inspiring décor
and to actively
empower
customers to
create their
dream homes”
7. COMPETITORS
• Akzo Nobel India ltd
• Bombay Paints ltd
• Hard Castle & waud manufacturing
company ltd.
• Jenson & Nicolson India ltd.
• Nerolac paint ltd.
• Sarika paint ltd.
8. • A talent pool of over 4700
employees employed across 23
countries bring in a unique
blend of mindsets and skills.
• AP provide an open and
interactive work culture to the
employees to bring out the
best.
• A sense of ownership and
freedom to experiment at their
workplace brings out creativity
and innovation in every
individual.
• Excellent training is provided to
develop leaders and
restrengthen competencies
from within the organization.
9. Global Presence
15 countries in the world across four
regions with 17 manufacturing
facilities across Asia, the Middle
East, Africa and South Pacific.
17. • Company is using different
techniques such as advertising
Campaign, sales promotion,
personal selling, direct marketing
and public relation to increase
sales
• A total amount of 85 crore is
spent on the ad campaign by
Asian Paint. Their particular ad
campaign “Mera Walla Blue” “har
ghar kuch kehta hai” are being
likedby the customer.
• Online marketing for urban
customer: Asian paint online
marketing system is helping. The
company in lot of ways, providing
all the necessary information to
the customer. It is an unique way
of promotion.
18. Joint Ventures
• PPG Asian Paints
• Asian Paints PPG
Greenfield Ventures
APCO
• Asian Paint entered South Pacific Islands
under the name APCO Coatings. Asian
Paints operates in Fiji, Tonga, Solomon
Islands and Vanuatu under the brand name
of Apco Coatings.
Acquisitions
Kadisco Chemical
Industry, Ethiopia
Taubmans Paints Fiji
SCIB Paints
Berger
Sleek Group
20. FACTORS FUELLING ASIAN PAINTS’ GLOBAL
INITIATIVES
• The company has diligently followed its vision - “Think Global, Synergise Regional and Act Local” to drive
its performance.
• In 1999, the company embarked on an ambitious plan to emerge as one of the top 10 decorative paint
companies in the world. Once this goal was achieved, the company set for itself a much higher target, to
become one of the top five decorative paint companies in the world.
• Simultaneously, the company explored opportunities of building long term value in the Industrial coatings
business through alliances with established global partners.
• All the strategies and policies of the company have been structured to achieve these goals. To capture the
global markets, it has been following the strategy of entering fast growing markets with robust demand and
low per capita consumption of paints.
• Asian Paints has targeted companies in emerging markets of Africa, South-east Asia and South Asia,
Middle East and Pacific region. In order to increase the pace of globalisation, the company has also
focussed on acquiring international companies with widespread presence in the global markets like the
acquisition Berger International. In order to capture the maximum market share and to create new
markets, the company manufactures a wide range of paints, from acrylic emulsions to synthetic enamels
and from automotive paints to industrial paints. Enabled by vertical integration, it has also diversified into
specialty products such as Pentaerythritol and Phthalic Anhydride.
• The company shall further explore opportunities of building long term value in the Industrial coatings
business through alliances. The company is focusing on further improving the operations of all its
subsidiaries in India and abroad and has already launched E-Strides, an ERP initiative through which all
the overseas ventures are being covered for sharing of global knowledge, best practices and better control
on operations. The company’s objective is to be among the top three players in each market where it is
currently operating or plans to operate in the future.
21. I/R Grid - Asian Paints fits in Transnational Strategy
22. • Develop a long-term strategy
• Expansion should be governed by ''quality, not
quantity.''
• A national system of industrial assistance must strive
for balance among local responsibility, regional
coordination, and national direction, support, and
cohesion.
• Long-term political support is essential.
• Federal financial support