In Pics: Know everything about Late Asian Paints co-founder Ashwin Dani
Over the years, Dani held a number of positions with the business, including director (research and development), works director, full-time director, vice-chairman, and managing director
Ashwin Dani, a co-founder of Asian Paints and a non-executive director of the company, died on September 28 at the age of 79 and is survived by his three children and wife, Inna Dani. (Image: Moneycontrol)
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Dani was born on September 26, 1944, in Mumbai. He earned a Bachelor of Science in Chemistry from Mumbai University in 1966. After that, he travelled to the US to enrol in the University of Akron's Master of Chemical Engineering programme. In Detroit, he began working as a scientist. (Image: X)
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Later, as a senior executive, he joined the Asian Paints company, owned by his family. Dani began his career at Asian Paints in 1968 as a senior executive before moving up the corporate ladder to become the firm's CEO. (Image: X)
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With a combined sales of Rs 21,700 crore, Dani's contribution was crucial to the company's development becoming the largest paint manufacturer in the country. According to Forbes, Ashwin Dani's net worth will be over $7.1 billion as of 2023. (Image: X)
The idea of computer colour matching was invented by Ashwin Dani, which is currently widely used in sectors like paints, polymers, printing inks, and textiles. Dani was renowned for employing R&D to introduce innovative ideas to the industry and the painting sector. (Image: X)
