Acquired Berger Paints from Vijay Mallya in the 1990s.Kuldip Singh Dhingra: Chairman of Berger Paints. Gurbachan Singh Dhingra: Vice Chairman.
Berger Paints reported a revenue of Rs 10,619 crore in 2023.Second-largest paint manufacturer in India, after Asian Paints.
Dhingra family is into paint business from back 1989, Kuldip and Gurbachan expanded the family business.
In 1970's: Successfully established shop in amritsar with annual revenue of Rs. 10 Lakh.In 1980's: Largest paint exporter to the soviet Union with Rs. 300 Crore business annually.
Forbes estimates their combined net worth at $8.2 billion (Rs 68,467 crore).