The NIPSEA Group, a subsidiary of Nippon Paint Holdings (Japan), has appointed Sharad Malhotra as the Managing Director of Nippon Paint India, effective December 1, 2025. Malhotra succeeds Jon Tan and will report to Wee Siew Kim, Co-President of Nippon Paint Holdings and Group CEO, NIPSEA Group.
A 15-year veteran at Nippon Paint, Malhotra becomes the first Indian to take on this leadership role. Over his tenure, he has built the company’s automotive refinish, wood coatings, and light industrial coatings businesses in India from the ground up and currently serves as a Director on the Board. He has also driven Nippon Paint’s diversification into paint protection films and allied categories.
As Managing Director, Malhotra will oversee India’s overall strategy and growth, focusing on sustainable expansion across decorative, industrial, and automotive paint segments. He will also continue to lead Nippon Paint’s global automotive aftermarket business.
With its strong consumer base, youthful demographics, and rapid infrastructure growth, India remains a strategic priority for Nippon Paint’s long-term plans. Under Malhotra’s leadership, the company aims to strengthen its foothold in India’s dynamic paints and coatings market while driving innovation and value creation for all stakeholders.