Asian Paints, India’s largest paint manufacturer, has Choksi as one of its shareholders and a former director. The company, which is based in Mumbai, makes synthetic resins, varnishes, enamels, and decorative paints. In the year ending March 31, 2022, it reported revenue of approximately $3.9 billion and customers in more than 60 countries.

Mahendra Choksi Family

Mahendra is the child of Chimanlal Choksi, one of the four organisers behind Asian Paint in 1942. He was born and grew up in Mumbai. He is the younger brother of Aswhin Choksi, the former chairman of Asian Paints who passed away in 2018.

Mahendra Choksi Career

Choksi joined the privately-run company Asian Paints in 1965. He became the overseeing chief and executive executive, and a non-leader overseer of Berger Global. Mahendra joined the leading body of Asian Paints in 1992 and surrendered as chief in 2018, referring to his age. Manish, his son, was chosen to be the non-executive vice chairman of the business. After a brief illness, Choksi passed away on September 19, 2018.

Mahendra Choksi Facts

A 16% stake in Asian Paints, a publicly traded company, accounts for the majority of Choksi’s wealth. The Mumbai-based organisation is India’s greatest paint producer and has clients in excess of 60 countries.

Mahendra Choksi Net Worth

Mahendra Choksi ’s net worth was estimated to be around $6.1 billion USD, as of 2023, making him a billionaire businessman.

Personal Information

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