[7] The company was started in a garage in Gaiwadi, Girgaon, Mumbai by four friends Champaklal Choksey, Chimanlal Choksi, Suryakant Dani and Arvind Vakil, in February 1942.

[24] In 2020, Asian Paints started its personalised interior design service called Beautiful Homes, and launched experiential studios across India under the same name.

[25] In 2022, Asian Paints acquired a 49% stake in the Indian decorative lighting company White Teak for ₹180 crore (US$22.9 million), before buying another 11% the following year.

[26] The families of the four founders (Choksey, Choksi, Dani and Vakil) together held the majority shares of the company.

[27][28] As per the Forbes list of India's 100 richest tycoons, dated 9 October 2024, Dani family is ranked 36th with a net worth of $8.1 billion.

[32] In the 1980s, the festive advertising tagline "Har Ghar Kucch Kehta Hai" (Every home says something) was introduced.

[32] The company revamped its corporate identity in 2000s and axed Gattu as their mascot, and later changed its "Asian Paints" logo to the shorter "AP" mnemonic.