Top Electrical Equipment Manufacturing Companies in India

India has a large electrical equipment manufacturing industry that serves an essential function in developing infrastructure and electricity generation. Due to more focus on developing new sustainable technologies, many organizations are coming up to cater to the needs of the electrical industry in the lift of everyday uses. Following is a list of the top 10 electrical equipment manufacturing firms operating in India; This blog will set out a brief history, achievements, and service area of these companies in addition to electrical equipment. These organizations are not only renowned for their products and services brands but also their corporate sustainability, innovation, and management commitment to sustainable development.

Top 10 Electrical Equipment Manufacturing Companies in India

Crompton Greaves Group Business of Electrical & Electronics Sector

Crompton Greaves Consumer Electricals Ltd (CGCEL) was established in the year 1937 and therefore has an assured customer experience. The company owned by Crompton Greaves Limited was demerged in the year 2015 and this company was mainly into the field of consumer electrical products. CGCEL today is a household brand in India, recognized for its fans, lighting products, and electrical appliances.

As a goal, the company inspires people to enhance the quality of their lives by providing cutting-edge energy-saving products. Some of the distinctive goals that it has accomplished are the beginning of India’s first anti-dust fan and energy-efficient LED products. CGCEL holds an estimated 60% market share in the group and with a market capitalisation of INR 30000 crore it is positioned strongly in the consumer electrical segment.

The company’s product offering comprises fans, lights, water heaters, pumps, small household appliances, and CGCEL. It is a growing company, which specializes in the design and production of quality green products and has been presented with awards such as the Red Dot Design Award. With a workforce population of over 3,000, the company values employee productivity by providing and encouraging professional teamwork and innovation.

CGCEL is an integrated textile conglomerate based in Mumbai with units all over India and exports in global territories. The company is very concerned about sustainability as a strategic business concept that encompasses environmental conservation in manufacturing as well as developing energy-efficient products. In the plan of the business, the CGCEL envisions diversifying its products and improving the service delivery system through embracing technology. Go there with the website at http://www.crompton.co.in.

Havells India Ltd

The company under operation since 1958 as a small trading business has emerged as one of the leading electrical equipment manufacturing companies in India. Over the years, Havells has positioned itself in the market by following technology-advanced products and solutions in the electrical business.

Lloyd’s Consumer Business in 2017 successfully introduced the concept of modular switches in the India family. The mission of the company is to enable lives through extending sustainable as well as innovative products. Currently, the market capitalization of Havells is more than INR 80,000 crore which puts Havells in a leadership position.

The company’s products touch cables, switchgear, home appliances, fans, and lighting solutions products. This heavy focus on design and technology has brought it many accolades and honors such as the ET Best Brands Award. The Havells group has a strength of more than 6,000 employees across its branch offices and encourages its people toward innovation and gender-diverse workplaces.

Havells has its strong base in Noida and now it has had established operations and businesses in more than 50 countries. The company is involved in many CSR activities, out of which the prominent areas are education, health, and environment. Some include the application of AI as well as IoT in smart home opportunities. To know more about Havells call at www.havells.com.

Orient Electric Ltd

Orient Electric Ltd of the electrical industry is a part of the CK Birla Group and has been in the industry with over 6 decades of experience. The company was founded in the year 1954 and the company has a hundred percent tagging for innovative and energy-efficient products.

Orient’s strategic mission is to be a company that makes a sustainable positive net contribution to all its stakeholders while building sustainable competitive and innovative advantages for the company. In the past years, it has attained some milestones, for instance; it has produced and released to the market the first IoT-enabled fan in India. Being one of the major players in the industry, Orient Electric has a market capitalization of around INR 7,000 crore.

The existing product portfolio of the company is focused on fans, lighting, home appliances, and switchgear. This has put the company in a position to attract recognition like the Superbrands accreditation of quality and innovation. Currently Orient Electric has a total number of employees of approximately 1,600; The company is very employee-friendly.

Established in 1989, Orient Electric is a well-known company operational in New Delhi which has its presence in India and more than forty countries worldwide. At the corporate level, the company supports various sustainable development activities and mainly emphasizes energy and resource conservation. Guiding towards the future, Orient has the vision of enhancing its smart product segment and increasing its international territory. For more information visit www.orientelectric.com.

Siemens

Siemens is an electrical engineering and electronics company that has been in India since 1922. These action points led Siemens India, which is well known for its technological acumen, as a premier supplier of electrification, automation, and digitalization solutions to many organizations.

The business selling strategy of the company is to design, develop, produce, market, and deliver products profitably and sustainably. These major achievements include the integration of India’s initial smart grid and the formation of digital factories. Siemens India has a market capitalization figure just above INR 3 lakh crore which indicates the company is in good health.

Thus, Siemens’ strategic business pillars are industrial automation, energy management, healthcare sectors and divisions, and mobility. It is an industry leader and dedicated to the production of high-quality products and has received several awards such as the CII Industrial Innovation Award. The Siemens Company has over 10000 employees in this country of India where the company encourages learning, Connectedness, and Innovativeness.

Siemens’ corporate office is located in Mumbai and it operates in more than one hundred countries. The firm has a strong corporate social responsibility agenda that is majorly concentrated on less carbon emission and the utilization of renewable energy. Immediate strategies are aimed at the development of its digitalization and improvements of the green energy propositions. Further information on www.siemens.co.in.

Bharat Heavy Electricals Limited (BHEL)

Bharat Heavy Electricals Limited was incorporated in 1964 and has grown to become one of the largest engineering and manufacturing companies in India. Large years of experience have made BHEL a leading company in heavy electrical machinery, particularly in power plant equipment.

 Its mission is to provide plausible business solutions in sustainable business, energy, industry, and infrastructure. Its major highlights include being instrumental in almost all the major thermal, hydro, and nuclear power projects ever constructed in the country. With its near market capitalization at approximately INR 30,000 crores, BHEL in government leadership is yet a domain leader.

 It covers the generation of sets of equipment, systems for industry applications, and renewable energy solutions within its product portfolio. Its quality and innovation have gained recognition including the CII-ITC Sustainability Award. With more than 32,000 employees, BHEL focuses on a culture of skill-building and excellence.

 The headquarters of Bharat Heavy Electricals Limited (BHEL) is located in New Delhi and has a presence across 83 countries. The company is into significant CSR initiatives under education, health, and environmental conservation. BHEL strives to continuously increase its footprint in renewables and promote newer technologies for power generation. For more information, log on to www.bhel.com.

Bajaj Electricals

 Bajaj Electricals was founded in 1938 and is the flagship of the Bajaj Group. It has carved its niche in electrical appliances, lighting, and EPC services.

 It seeks to enable substantial improvement in the quality of life and the electrical landscape through its well-thought-out mission. This iconic brand has many achievements to its credit, like introducing highly acclaimed appliances such as Mixer grinders and massive rural electrification projects. At an inexact market capitalization amounting to INR 14,000 crores, Bajaj Electricals stands worthy among the trusted brands valued by Indians.

 Its product range comprises fans, lighting, kitchen appliances, and infrastructure services. Bajaj Electricals has been bestowed with several awards due to its quality and customer-oriented approach. With more than 3,000 employees, the culture of innovation and teamwork is nurtured in the company.

 Headquartered in Mumbai, Bajaj Electricals has a pan-Indian presence as well as an increasingly global footprint. It is committed to sustainability in all its operations through energy-efficient products, and the welfare of the community, and shall shortly expand its portfolio in smart appliances and EPC services, among other emerging businesses. Know more about Bajaj Electricals at www.bajajelectricals.com.

ABB India Ltd

 ABB India Ltd is the subsidiary company and the flagship of the very well-established ABB Ltd. It has been at the vanguard of industrial technology itself since 1949, finding its origin in India. Automation and electrifying solutions are some of its offerings.

 ABB works towards powering progress through innovative technology and sustainability. Its main milestones include pioneering industrial robotics and energy management systems. With a market cap of over INR 70,000 crore, ABB India is one of the integral companies in the nation's industrial ecosystem.

 It provides solutions for robotics, electrification, and digital technologies. It has received accolades such as the Frost & Sullivan Award for its innovation. The 6,000-employee workforce of ABB India thrives in a culture of innovation and sustainability.

 Headquartered in Bengaluru, ABB India has a pan-Indian presence in over 100 locations. The company aims to reduce carbon footprints and promote green energy technologies. Digitalization and enabling India's ambition for green energy will mark ABB's future. www.abb.com/in.

Finolex Cables Ltd

 Established in 1958, Finolex Cables Ltd. is India's largest and most trusted manufacturer of electrical and communication cables. It has set many industry benchmarks at Finolex for quality and innovation.

 Its mission is to provide sustainable and efficient cabling solutions. The company has many milestones, launching India's first high-quality PVC-insulated cables. With a market cap of approximately INR 10,000 crore, Finolex Cables dominates its segment.

 The product range manufactured includes electrical cables, optical fiber cables, and switches. Finolex has been accorded recognition for its innovation and customer orientation. The work atmosphere is caring and conducive, with a total employee strength of over 1,500.

Finolex has its headquarters in Pune and has a very extensive presence domestically and internationally, respectively. It is associated with education and skill-development programs, especially under corporate social responsibility initiatives. Future planning includes diversification of the business into new electrical lines and expanding global market presence. For more details, kindly visit www.finolex.com.

V-Guard

V-Guard is a name one can trust in electrical and electronics. Founded in 1977, from a stabilizer manufacturing company to a diversified electrical solutions provider, it has come a long way.

The mission of V-Guard is to enrich lives by making reliable and innovative products available. The key event was the launch of India's first solar wateheaters. A market leader in the sector, with a market capitalization of around INR 15,000 crore, it is V-Guard.

The company’s products include stabilizers, inverters, water heaters, and fans. V-Guard has received numerous awards for its innovation and quality. Employing over 2,500 people, the company emphasizes teamwork and creativity.

Headquartered in Kochi, the company has a wide network spread across the country. The company works toward sustainability and supports renewable energy on every possible platform. Further, the company is planning for an expansion in the product portfolio and new markets. Visit www.vguard.in for more information.

Exide Industries Ltd

Incorporated in 1947, Exide Industries Limited is the largest manufacturer of lead-acid storage batteries in India. The company has always stood for quality and a relentless pursuit of delivering fine energy storage solutions.

The mission of Exide is to provide innovative and sustainable energy solutions. The milestones that chronicled its journey were the development of advanced automotive batteries and foraying into lithium-ion technology. Exide is a market leader in this industry, with an approximate market capitalization of INR 15,000 crores.

The products manufactured by the company include automotive batteries, industrial batteries, and home UPS systems. Exide has been awarded the National Energy Conservation Award, among other accolades. With over 7,000 employees in its workforce, the company fosters a culture promoting innovation and sustainability. Exide has its headquarters in Kolkata and is strong in the domestic market with exports to more than 40 countries. The company is dedicated to eco-friendly manufacturing and community welfare programs. It will expand its lithium-ion battery production. For more information, visit www.exideindustries.com.

Conclusion

The leading electrical equipment manufacturing companies of India have always taken the lead in contributing towards making a difference in the day-to-day life of the people and the communities around them. They help develop new and sustainable ways of enhancing life and lifestyles each day through innovative solutions that change how we live and work every day. From pioneering energy-efficient solutions to driving digital transformation, these companies have established high benchmarks for quality, innovation, and corporate responsibility. As they continue their expansion in the global arena and invest in state-of-the-art technologies, their contribution to the economy and society can hardly be overestimated. Whether an investor, a customer, or a career aspirant, these organizations offer a source of inspiration and an opportunity to connect with the changing face of the electrical industry.