Pune— In a landmark move for the Indian chemical and pigments industry, Sudarshan Chemical Industries Ltd. (SCIL) has announced the acquisition of Clariant’s pigments business in India, marking one of the most significant consolidations in the specialty chemicals space this year.
The acquisition includes Clariant’s manufacturing assets, product portfolio, and customer relationships in the pigments segment, and is expected to enhance Sudarshan’s global market share while expanding its footprint across high-performance pigments (HPPs), coatings, plastics, and inks.
Clariant, a Swiss specialty chemical giant, has been restructuring its global portfolio to focus on sustainability-led innovation and core business areas such as additives, catalysis, and care chemicals. The sale of its pigments business in India is part of this broader strategy to streamline operations and boost profitability.
For Sudarshan, this acquisition marks a pivotal step toward its vision of becoming one of the top three pigment manufacturers globally. The company has been investing heavily in innovation, capacity expansion, and global market penetration to compete with established players like BASF, DIC, and Heubach.
“This acquisition represents a strategic leap in our journey toward global leadership in pigments. Clariant’s technology, customer base, and operational excellence will complement our growth plans,” said Rajesh Rathi, Managing Director of Sudarshan Chemical Industries Ltd.
Industry experts note that the move will boost India’s position in the global pigment value chain and enhance exports, especially in specialty and eco-friendly pigments. The integration of Clariant’s pigment technologies will help Sudarshan cater to diverse industries, including automotive coatings, plastics, packaging, and consumer goods.
As global demand for sustainable and high-performance color solutions grows, Sudarshan’s acquisition solidifies India’s emergence as a key hub for specialty chemical manufacturing and positions the company as a major global player.