Kuldip Singh Dhingra

A family paint business gave him an established platform before Berger

Dhingra grew up in a family already active in the paint trade. Before the Berger acquisition, the family operated a paint distributorship in Amritsar and factories around Delhi, giving Kuldip and his brother direct experience in the same industry they would later scale much further. ^[2]

In 1991 Kuldip and Gurbachan Dhingra bought a controlling stake in Berger Paints from the UB Group. Forbes describes Berger at the time as the country's smallest major paint maker, while the brothers brought an existing operating base and decades of family familiarity with paint manufacturing and distribution. ^[1][2]

Kuldip focused particularly on the commercial side of the business. Berger's annual report identifies him as a promoter and industrialist with deep experience in paint and related industries, while the company credits the Dhingra era with sustained organic and inorganic expansion. ^[2]

Berger's growth created a fortune far larger than the original family operation

Under the Dhingras, Berger expanded capacity, strengthened its decorative and industrial paint businesses and broadened its international footprint. The company now describes itself as India's second-largest paint company, with operations extending beyond the domestic market. ^[3][2]

Kuldip's wealth reflects decades of value creation after the 1991 acquisition, but the path began with a functioning family paint business rather than a blank-sheet startup. The earlier distributorship and factories supplied industry knowledge, relationships and capital that remained relevant when the brothers took control of Berger. ^[1][2]