Dhingra Brothers, bought by a Mallya-owned firm; 16 crore company business is now Rs 55,000 crore

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The Dhingra brothers, who started their business from a small shop, today own a company worth more than Rs 55,000 crore. He bought the company Lewis Berger Paints owned by Vijay Mallya and took it to heights that no one could have imagined.

It is not so easy to succeed in business. Along with luck, hard work, foresight, adoption of technology etc. many factors play an important role in this success. It is these success stories that inspire the youth community. One such inspiring story is that of the Dhingra brothers. Two brothers (Dhingra Brothers) who started their business from a small shop today own a company worth more than Rs 55,000 crore. He bought the company owned by Vijay Mallya and took it to heights that no one could have imagined. They are Kuldeep Singh Dhingra and Gurbachan Singh Dhingra. He is the owner of Berger Paints, India's leading paint company.

16 crore, Berger Paints turnover is now Rs 55,000 crore

This company was started in 1923 by a British man named Hadfield in Kolkata. In 1947 it was bought by British Paints. In 1969, it was bought by a British company called Berger Jensen Nicholson.

The Berger brand has been popular since the 18th century. Founded by Lewis Berger, Berger Company set foot in India in 1969. Its turnover was very low then. In 1973, the UB Group bought the Berger company. Within a few years the paint sales business grew to Rs 16 crores.

In 1991 Kuldeep Singh Dhingra and Gurbachan Singh Dhingra bought Berger Paints Company from UB Group. Berger Paints achieved all-round growth under his watch. Berger Paints is now one of the largest paint companies in India.

Dhingra Brothers business started from grandfather's paint shop

Kuldeep Singh Dhingra and Gurbachan Singh Dhingra hail from Punjab. His grandfather had a paint shop in Amritsar in 1898. After studying in Delhi University, these two brothers joined their grandfather's shop. He started growing in the paint business at a very rapid pace. In the 1980s, the largest export of paint was to the Soviet Union. Kuldeep Singh Dhingra bought Berger Paints Company as part of his efforts to grow his business. Through one of his friends, he met Vijay Mallya and negotiated the Dhingra Brothers deal.

Berger Paints, which was owned by Vijay Mallya's UB Group in 1991, has now expanded into the market of many countries including Russia, Poland, Nepal, Bangladesh and other countries under Dhingra Brothers flagship . Kuldeep Singh Dhingra is the Chairman of Berger Paints, while his brother Gurbachan Singh Dhingra is the Vice Chairman. Dhingra family is one of the richest families in India.