Meet brothers, who bought Vijay Mallya’s failed company, made it Rs 580000000000 business, their net worth is Rs…, they are from…
GH News March 28, 2025 12:06 AM

Kuldip Singh Dhingra and Gurbachan Singh Dhingra known as the Dhingra Brothers have built Berger Paints as a company today. The Dhingra family has been into the paint business since 1898. After graduating from Delhi University Kuldip and Gurbachan joined their family business of opening stores in Amritsar. During those times in the 1970s they had generated annual revenues of around Rs 10 lakh.
In the 1980s both the brothers entered the international market and became the largest exporters of paint to the Soviet Union with annual business Rs 300 crore.
Acquiring Vijay Mallya’s Company
Berger Paints was a struggling company owned by Vijay Mallya. In the 1990s Dhingra Brothers acquired it. They worked on marketing strategies and assured quality with affordable prices. It helped the brand to again develop its value in the market. Now Berger Paints business has spread across India Russia Poland Nepal and Bangladesh. It is recognized as Indias second-largest paint company after Asian Paints.
Berger Paints Growth
By 2023 Berger Paints had achieved revenues of Rs 10619 crore with its operations in several countries. Kuldip Singh Dhingra is Chairman of Berger Paints and Gurbachan Singh Dhingra is the Vice Chairman. According to Forbes their combined net worth is $8.2 billion (approximately Rs 68467 crore).
The Dhingra familys next generation is also now part of Berger Paints. Rishma Kaur daughter of Kuldip Singh Dhingra and Kanwardip Singh Dhingra son of Gurbachan Singh Dhingra are Executive Directors at the Kolkata-based headquarters.