homebusiness Newscompanies NewsAshwin Dani The life and legacy of the man behind Asian Paints' success
Ashwin Dani - The life and legacy of the man behind Asian Paints' success
Ashwin Dani was not just a businessman; he was a visionary, a pioneer, and a philanthropist who left an indelible mark on both the paint industry and society as a whole.
Ashwin Dani, the co-founder and non-executive director of Asian Paints, died at the age of 81 on Thursday, September 28, 2023. The doyen of India’s paint industry, Dani’s life and legacy are an embodiment of hard work, dedication, and a deep commitment to excellence.
Born in Mumbai on October 24, 1942, Dani earned a Bachelor of Science degree in Chemistry from the University of Mumbai in 1966. Dani’s pursuit of higher knowledge and expertise took him to the United States, where he obtained a Master’s degree in Chemical Engineering from the University of Akron. His educational background laid the foundation for his illustrious career in the paint industry.
After his return to India, Dani joined his father’s family business, Asian Paints, in 1968 as a senior executive embarking on an extraordinary journey that would lead to the transformation of Asian Paints into a global powerhouse. Dani’s leadership skills became increasingly evident as he rose steadily through the ranks over the years. He was among the first to understand the power of computing and install computers at Asian Paints, pioneering computerised colour matching in India.
In 1997, Dani assumed the role of Vice Chairman and Managing Director of Asian Paints, allowing him to implement his vision and steer the company to greater heights. Under his visionary leadership, Asian Paints expanded its operations across the globe, solidifying its place as one of the world's leading paint companies.
With an unwavering commitment to research and development, Dani recognised that innovation and cutting-edge technology were essential for staying at the forefront of the industry. As Asian Paints R&D director, he invested heavily in research, pushing the boundaries of what was possible in the world of paints. Today, Asian Paints stands as the largest paint company in India, the third-largest in Asia, and the ninth-largest globally, a shining example of forward-thinking visionary leadership.
Ashwin Dani's legacy goes beyond the business world. In his own words, Ashwin Dani once remarked, "For 55 years, I eat, drink, and dream paints." His life's work was a testament to his unyielding dedication to his craft. Ashwin Dani was not just a businessman; he was a visionary, a pioneer, and a philanthropist who left an indelible mark on both the paint industry and society as a whole.
As we bid farewell to this extraordinary individual, we celebrate the life and achievements of Ashwin Dani, a man whose passion, determination, and unwavering commitment to excellence will continue to inspire many generations. His legacy lives on, painted across the canvas of history, reminding us that with persistence and vision, even the boldest dreams can be transformed into reality.
He was a devoted husband to Ina Dani and a loving father to three children, including his son Malav, who is following in his footsteps, serving as a member of the company's board.
(Edited by : Ajay Vaishnav)
First Published: Sept 28, 2023 5:24 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
BJP replaces Poonam Mahajan with lawyer Ujjwal Nikam for Mumbai North Central Lok Sabha seat
Apr 27, 2024 7:53 PM
Meet Amritpal Singh, the separatist leader contesting Lok Sabha polls from Punjab's Khadoor Sahib
Apr 27, 2024 7:18 PM