Asian Paints - Alchemy
Asian Paints
Asian Paints - Alchemy: Stages and Timelines
Submission Phase - I
The participants/team of 2 will deep-dive into the problem statement and provide a submission in the form of a PPT (5-7 slides).
Submission Phase - II
The shortlisted participants/teams will have to fine-tune their submission and answer the questions in the questionnaire. Each participant/team is required to submit their case summary in a 10-slide PPT format.
Resume & Introduction Video
Tell us more about yourself! Kindly share your resume along with a 1-minute introduction video.
Picture this: a brief moment where you take center stage, sharing the essence of who you are. Delve into your story, painting a vibrant picture of your journey, your proudest achievements, and what ignites your passion for the fascinating world of Chemistry.
You may compress your video using this link
Alchemy – In-person Conclave
Upto 100 participants will be provided travel and accommodation to the Asian Paints R&T centre in Navi Mumbai where there will be a full-day engagement with learning, in-person presentations and celebration culminating in candidates identified for PhD sponsorship.
All that you need to know about Asian Paints - Alchemy
Alchemy, the 1st edition of a one-of-a-kind pioneering global platform that will be hosted in two parts starting with a Virtual Conclave and a one-day in-person Conclave at the Asian Paints Research Centre, will provide a stage for a confluence of ideas from industry experts, academia and young scientific minds ushering in transformative innovation with a chance for the participants to win PhD sponsorships and cash rewards! Asian Paints is all set to welcome young scientists with a passion for Chemistry to participate and interact with like-minded future Scientists in the Coatings and material Science domain and work with them on a case study around the domain of Polymer sciences.
Eligibility:
- B.Tech or M.Tech in Paint or Polymer Technology
- M.Sc Chemistry from any Indian University
- Currently pursuing PhD students in Chemistry (India and Abroad)
- Working professionals in the coating industry
Structure:
Alchemy – Virtual Conclave: Saturday, 6th January 2024
- During the Case Launch Session/Webinar, you'll have an incredible opportunity to engage in lectures and discussions with some of the brightest minds on the planet—renowned scientists and leaders.
- The leaders from Asian Paints will then give briefs directly to participants with respect to the problem statement.
- Following the briefs, there will be a Question-Answer session where leaders will address any queries participants may have.
Submission Phase - I:
- You may submit individually or in teams of 2.
- Each participant/team will have to submit a summary of the case in a 5 to 7-slider PPT format.
- The first slide should contain the name of the participant/team members, and the remaining slides (up to 7) are for analysis and/or deliverables to the problem at hand. Any supporting Excel sheets etc. should be embedded in the PPT itself.
- Due credits should be given to any references taken.
- Naming Convention: CampusName_YourName (or) OrganizationName_YourName
- Students are requested to tune into the Live Case Study Brief Session on Saturday, 6th January 2024, in the first half of the day, to help fine-tune their summaries with guidance from the Asian Paints team.
Submission Phase - II:
- The top participants/teams will have to fine-tune their submission basis the brief provided at a later stage.
- Each team is required to submit their case summary in a 10-slide PPT format.
- The first slide must include the team name, and the remaining slides (up to 10) should encompass analysis and/or deliverables related to the given problem.
- Embed any supporting materials, such as Excel sheets, directly within the PPT.
- Due credits should be given to any references taken.
- Naming Convention: CampusName_YourName (or) OrganizationName_YourName
Alchemy – In-person Conclave:
- Shortlisted teams to present their case at the In-person Conclave.
- The shortlisted participants (up to 100) will be provided travel and accommodation to the Asian Paints R&T centre in Navi Mumbai where there will be a full-day engagement with learning, presentation and celebration culminating in the announcement of winners.
What's in it for you?
- Up to 6 participants stand a chance to win PhD Sponsorship and Cash rewards (The PhD Sponsorship will be upto USD 6,000 or INR 5L extending upto the 4 years of academic fees incurred).
- If current PhD students win the competition, their academic fees will be covered by Asian Paints.
- Internship opportunities at Asian Paints R&T centre at offer.
- Kindly note, among the six winners, one will be a PhD candidate, another will be selected from BTech, MTech, or MSc backgrounds, and the remaining four will be determined based on their merit scores.
Important dates & deadlines?
-
28 Jan'24, 11:59 PM IST Registration Deadline
Rewards and Prizes?
Top Participants
Top participants stand a chance to win PhD sponsorships, Cash rewards and Internship opportunities!
About Asian Paints
Since its inception, Asian Paints has come a long way to become India’s leading and Asia’s 2nd largest paint company. It currently operates in 15 countries and has 26 paint manufacturing facilities in the world providing services to consumers in over 65 countries.
In its glorious 80+ years, Asian Paints has reinvented itself with every generation to unlock the next phase of growth and customer-centric innovation. Driven by this approach, the company has emerged as the market leader in paints since 1967 and is India's leading paints company that is double the size of any other paint company in India. The group has an enviable reputation in the corporate world for professionalism, fast track growth, and building shareholder equity.
Group Subsidiaries:
- Berger
- APCO
- SCIB Paints
- Taubmans Paint Fiji
- Asian Paints Causeway
- Kadisco Asian Paints
In the Industrial coatings space, Asian Paints operates through two 50:50 joint ventures with PPG Inc, USA., one of the largest automotive coatings manufacturers in the world. The first Joint Venture ‘PPG Asian Paints Pvt Ltd’ services the increasing requirements of the Indian automotive coatings market. The second JV ‘Asian Paints PPG Pvt Ltd’ services the protective, industrial powder, industrial containers and light industrial coatings markets in India.
Product Portfolio:
Asian Paints deals with various products through various brand names-
- Interiors- Royale Aspira, Royale Sensations Galaxy, etc.
- Exteriors- Apex Ultima Protek, Apex Ultima, etc.
- Interior Textures- Royale Play Stucco, Royale Play Archi Concrete, etc.
- Exterior Textures- Apex Duracast Venezio, Apex Duracast DholpurTex, etc.
- Metal Finishes- Premium Satin Enamel, Premium Gloss Enamel, etc.
- Wood Finishes- Woodtech Polyester, Woodtech Emporio PU, etc.
- Health & Hygiene- Viroprotek Sanitizers and Floor Cleaners, TruCare PPE kits & Masks
New Categories/Offerings:
- Viroprotek - a range of hand, Surface and space sanitizers and disinfectants.
- San Assure - a sanitization service and ‘Safe Painting’ service for customers.
- Range of Furniture, Furnishings and Lighting Products under three brands - Nilaya, Royale and Ador, thus offering a wide spectrum of offerings in the ‘Home Décor’ category.
- Beautiful Homes Service - an exclusive end-to-end solution that provides consumers a personalized interior design service with professional execution to create their dream homes (Click Here to View)
- Sleek - hand-picked world-class designs to help customers design and realize the kitchen and wardrobe of their dreams (Click Here to View). The factory-fitted kitchens come pre-drilled, making the installation hassle-free, and are crafted out of the best quality materials and hardware selected from all over the world. Sleek’s durable kitchens come with a 10-year warranty.
Mergers and Acquisitions:
- In 2022, Asian Paints acquired controlling stakes in Weatherseal Fenestration, engaged in the business of interior decoration/furnishing, including manufacturing uPVC Windows and door systems.
- Along with Weatherseal, Asian Paints also bought 100% stake in Obgenix Software Private Limited: (popularly known by the brand name of White Teak) Obgenix Software Private is a private limited company engaged in the business to design, trade or otherwise deal in all types and description of decorative lighting products and fans, etc. Both acquisitions will be made in a staggered manner over the next three years.
- In 2014, Asian Paints (International) acquires 51% stake in Kadisco Chemical Industry PLC of Ethiopia: Asian Paints (International) has signed an agreement with the shareholders of Kadisco acquiring 51% stake of the equity share capital of Kadisco. Kadisco manufactures and sells paints, other coatings, and adhesives in Ethiopia.
- In 2014, Asian Paints buys front-end sales business of Ess Ess Bathroom Products: Asian Paints said the acquisition is subject to satisfaction of certain conditions precedents and applicable statutory approvals. Ess Ess is a prominent player in the bath and wash business segment in India and has high-quality products in this segment.
- In 2016, Asian Paints enter distribution tie-up with Henkel Adhesive Technologies: Asian Paints has entered the retail segment of the adhesives category through a distribution arrangement with Germany’s Henkel Adhesive Technologies. Under the arrangement, Henkel’s adhesive brand Loctite will be sold at the retail level through a co-branding initiative. Although the company had B2B presence in the adhesive segment in India, this is the first time it is entering retail.
- In 2017, Asian Paints acquires Sri Lankan firm Causeway Paints: Asian Paints through its Singapore-based indirect subsidiary Berger International Pvt Ltd (BIPL), acquired Causeway Paints Lanka Pvt Ltd, the Sri Lankan paints manufacturing company.
Corporate Social Responsibility:
Asian Paints is inclusive of their communities through a range of social interventions, enhancing skills and building social infrastructure to improve their community's quality of life.
While Asian Paints CSR approach focuses on the betterment of communities around their plants, they have also developed creative programs that help in improving their capabilities as a paint manufacturer and home improvement service provider to better the livelihood of poor communities through vocational training and skills development.
Asian Paints CSR focuses on the following 4 areas-
- Education- Asian Paints acknowledges the value of learning as a persuasive means to subdue poverty and social imbalance and therefore, this is a major impact field in their expanding CSR exercise. They are committed to promoting access to quality education, particularly for disadvantaged communities that are located around our facilities. Asian Paints intervention includes adoption and infrastructure development of schools, up-gradation of school buildings, providing chairs, benches, and other classroom aids, etc.
- Skills Development - Vocational Training- following the national developmental aims on skills improvement, Asian Paints is focused on rendering vocational training to develop skills in the unorganized sector. Asian Paints tries to provide vocational and skill-based training to painters, applicators, carpenters and workers, to enhance their employability and improve their livelihoods.
- Healthcare and Hygiene- Keeping in mind the importance of healthcare and hygiene, Asian Paints have taken up various interventions like primary healthcare support, free medical camps for rural communities, setting up rehabilitation centers, etc.
- Water Management- Asian Paints believes that it is its responsibility to judiciously use and help conserve water resources. Their work includes giving support to each and every stage of water conservation, water preservation, water recharge, and wastewater treatment. They have implemented various water conservation projects, wastewater treatment, and reusing process water. Key interventions include awareness of water conservation in schools and nearby villages, installation of rooftop rainwater harvesting and recharge systems in village communities and schools, promoting integrated watershed development in areas around manufacturing locations, and water recharge through desilting of lakes.