PR No – 184
3rd October 2025
New Delhi
PHDCCI and IPPMA Sign MoU to Boost Growth in India’s Paint and Coating Sector
Aimed at driving innovation, sustainability, and global competitiveness in the sector
New Delhi, 3rd October 2025: In a strategic move to strengthen India’s paint and coating industry, the PHD Chamber of Commerce and Industry (PHDCCI) and the Indian Paint & Powder Coating Association (IPPMA) have signed a Memorandum of Understanding (MoU) aimed at driving innovation, sustainability, and global competitiveness in the sector.
This collaboration marks a significant milestone, bringing together two key stakeholders to work collectively on:
- Policy Advocacy: Engaging with policymakers for industry-friendly regulations.
- Technology & Innovation: Facilitating technology transfer and fostering innovation.
- Business Networking: Creating platforms for interaction and collaboration among businesses.
- Sustainability: Promoting eco-friendly and sustainable practices across the sector.
The MoU was signed in the presence of senior leadership from both organizations. Representing IPPMA were Mr. Ranjit Singh, President, Dr. Kamal Jain Sethia, Secretary, Mr. Deepak Verma, Vice President, Mr. Deepak Jindal, Treasurer, Mr. Manish Malhotra, Media Convener.
From PHDCCI, the dignitaries present included Dr. Ranjeet Mehta, CEO & Secretary General, Mr. Naveen Seth, Deputy Secretary General and Ms. Manisha Singh, Senior Secretary, International Affairs
Leaders from both sides emphasized that this partnership will help position India as a global hub for the paint and coating industry by supporting knowledge exchange, capacity building, and international cooperation.
“Our partnership with IPPMA is a strategic step towards empowering the paint and coating industry with policy support, innovation, and global opportunities. Together, we aim to create a more sustainable and competitive ecosystem for the sector” said Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI
“This MoU signifies a shared vision to modernize and globalize the Indian paint and coating industry. Through this collaboration with PHDCCI, we aim to foster innovation, support MSMEs, and champion sustainable practices that will benefit the entire value chain” said Mr. Ranjit Singh, President, Indian Paint & Powder Coating Association (IPPMA)
The PHDCCI International Affairs and Trade Fairs Division will actively coordinate future initiatives under this MoU, including business delegations, knowledge sessions, and collaborative events in India and abroad.