Who is Asian Paints Owner Amit Syngle? Know About His Net Worth and Multi-Crore Deal With Team India

The Board of Control for Cricket in India (BCCI) has announced a partnership with the renowned brand, Asian Paints, for the next three-year cycle. The board added Asian Paints as its ‘colour partner’. The CEO of the Asian Paints played a key role in it.

Amit Syngle was born on June 13, 1966, and is the Managing Director and Chief Executive Officer of Asian Paints. He has held this position since April 1, 2020, after more than three decades of rising through the company’s ranks. He earned a Bachelor’s degree in Mechanical Engineering from Panjab Engineering College, followed by an MBA from CBM Panjab University.

Who is Asian Paints Owner Amit Syngle?

Amit Syngle, the Managing Director and Chief Executive Officer of Asian Paints, joined the company in 1990 as a management graduate and has held diverse roles across sales, marketing, supply chain, research & technology, and business development. In the early 2000s, he played a vital role in rebranding Asian Paints’ business, and later became President in 2012 and COO, launching over 90 new products.

Under his leadership, Asian Paints has also made a significant partnership in Indian cricket, a three-year, ₹45 crore deal with the BCCI that designates the company as the Official Colour Partner for Team India. The partnership will span over 110 matches across men’s, women’s, and domestic cricket, and includes fan engagement initiatives like the “Colour Cam” in stadiums and the “Colour Countdown” to connect Asian Paints with cricket.

Asian Paints Owner Net Worth

Amit Syngle, the Managing Director and CEO of Asian Paints, is one of India’s accomplished corporate leaders. While Amit Syngle net worth is not publicly disclosed, estimates suggest it is around $12 million.

For the financial year ending March 2025, his income was reported at approximately ₹11.2 crore, including a base salary of ₹5.5 crore and additional pay components. Beyond his salary, Syngle holds employee stock options.

Team India Colour Sponsor: Asian Paints Team India Deal

The Board of Control for Cricket in India (BCCI), which happens to be the richest cricket board in the world, has recently brought Asian Paints on board as the official “Colour Partner” for Indian cricket, signing a three-year deal that marks a collaboration between one of India’s leading home décor and paint companies and the country’s most popular sport.

Under the terms of the agreement, Asian Paints will be associated with a total of 110 home matches, including international fixtures for both the men’s and women’s national teams, as well as all domestic competitions held in India.

The deal is reportedly valued at around ₹45 crore over the three-year period. The addition of Asian Paints has pushed the BCCI’s total annual revenue from official partnerships, excluding the lead jersey sponsorship, to ₹180 crore. The current partnership lineup includes Campa contributing ₹48 crore, SBI Life at ₹47 crore and Atomberg with ₹41 crore.

This new collaboration follows closely on BCCI’s landmark lead jersey sponsorship deal with Apollo Tyres, valued at ₹579 crore running through 2028. The agreement was nearly 28% above the minimum asking price.

Asian Paints' decision to partner with India national cricket team, one of the best cricket teams in the world, instead of opting for a brief IPL tie-up shows a shift in brand strategy. More companies are now favouring the year-round exposure that comes with backing India’s red-and white-ball sides, rather than relying on the limited visibility offered during the IPL’s short seasonal run.