Objectives

The IPA is established with following objectives:

To promote and protect the interest of the industries engaged in the manufacture of paints, enamels, lacquers, varnishes and all other materials associated with the production and sale of those commodities.
To diffuse technical, industrial and commercial knowledge regarding the manufacture and marketing of paints, lacquers, varnishes, dry colours and their allied products including the import and export of raw materials and finished goods.
To establish a code of conduct and ensure fair practices for the betterment of the industry and the public it serves. Thereby adopting measures which are considered desirable by the members from time to time, such measure being binding on its Ordinary Members and Associate Members.
To represent the interests of the industry in all petitions to the government, chambers of commerce, railways and other official and unofficial bodies, corporates, persons and otherwise.
To urge or recommend legislation and other measures and to procure change of laws and practices affecting trade, commerce and industries in India in general and the Paint Industry in particular.
To collect and accumulate statistics and other information relating to trade, commerce and industry.
To secure concessions, privileges, benefits, etc. in any shape or form for the industry from the government and other commercial, industrial and public bodies in or outside India and to extend all possible help to the industry.
To raise and accept any request, gift, grant, donation, subscription or fee, etc. towards or to accumulate and to provide a fund or endowment arising thereform or to resort to the capital thereof for the furtherance of the Indian Paint Association and the interests it represents.
To pay all or any cost charges, expenses, etc. for the promotion, formation, establishment etc. of the Association.
To invest the money and property of the Association that’s not immediately required for the purpose of business in such securities or in such manner as may be determined from time to time.
To acquire, purchase, take on lease or otherwise land and buildings and all other property movable and immovable which the Association for the purpose thereof may think proper to acquire.
To borrow money required for the purpose of the Association, upon such terms and in such a manner and on such securities that may be determined by the issue of Debentures charged upon all or any of the property of the Association.
To arbitrate in the settlement of' disputes arising out of commercial transactions between Members of the Association