India is home to a vibrant and diverse machinery industry that serves both the domestic and international markets. The top 20 machinery companies in India in 2023 are a testament to the country’s strengths in this sector.
These companies offer a wide range of products and services, including construction equipment, engines, power generation equipment, and more.
These companies utilize cutting-edge technology and innovative manufacturing processes to create high-quality and reliable products that meet the needs of customers in various industries.
With a strong focus on sustainability and innovation, these companies are well-positioned to continue driving growth in the Indian machinery industry in the years to come.
Whether providing heavy-duty equipment for construction and infrastructure projects or supplying engines and power generation solutions, these top 20 machinery companies are shaping the future of India’s machinery industry and making a significant contribution to the country’s economic development.
Atlas Copco India Ltd.
Atlas Copco India Ltd. is a subsidiary of the Atlas Copco Group, a Swedish multinational corporation that provides industrial equipment and services. Atlas Copco India is a leading provider of industrial productivity solutions, offering a wide range of products and services in the areas of compressors, vacuum solutions, generators, power tools, and assembly systems.
The company has a strong presence in India and is committed to providing high-quality products and services to its customers. With a focus on innovation and sustainability, Atlas Copco India is well-positioned to continue driving growth in the Indian machinery industry in the years to come.
Bajaj Auto Ltd.
Bajaj Auto Ltd is a leading Indian multinational two-wheeler and three-wheeler manufacturing company. Founded in the 1940s, Bajaj Auto has a long history of producing high-quality vehicles, including motorcycles, scooters, and auto-rickshaws.
The company is known for its innovation and has a strong reputation for producing reliable and affordable products. In addition to its manufacturing operations, Bajaj Auto is involved in a number of other business ventures, including finance, insurance, and real estate.
With a strong focus on sustainability and customer satisfaction, Bajaj Auto is one of the top 20 machinery companies in India and is well-positioned to continue driving growth in the Indian market in the years to come.
Bharat Heavy Electricals Limited (BHEL)
Bharat Heavy Electricals Limited (BHEL) is a state-owned engineering and manufacturing company that operates in the power and infrastructure sectors. Founded in 1964, BHEL is one of India’s largest engineering and manufacturing companies and has a strong reputation for producing high-quality products and services.
The company provides a wide range of products and services, including power generation equipment, transmission and distribution systems, renewable energy solutions, and more.
BHEL is also involved in a number of research and development initiatives aimed at improving the efficiency and reliability of its products and services. With a focus on innovation and sustainability, BHEL is one of the top 20 machinery companies in India and is well-positioned to continue driving growth in the Indian market in the years to come.
Caterpillar India Private Limited
Caterpillar India Private Limited is a subsidiary of Caterpillar Inc., a leading global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
Caterpillar India provides a range of products and services to customers in the construction, mining, and infrastructure sectors, including construction equipment, engines, power systems, and more.
The company has a strong presence in India and is committed to providing high-quality products and services to its customers. With a focus on innovation and sustainability, Caterpillar India is one of the top 20 machinery companies in India and is well-positioned to continue driving growth in the Indian market in the years to come.
Chennai Petroleum Corporation Limited (CPCL)
Chennai Petroleum Corporation Limited (CPCL) is a leading oil and natural gas company in India. It was established in 1965 as a joint venture between the Indian government and Madras Refineries Limited (MRL).
CPCL operates two refineries in the southern Indian state of Tamil Nadu, producing a wide range of petroleum products, including gasoline, diesel, liquefied petroleum gas (LPG), and more.
The company is also involved in various research and development initiatives aimed at improving the efficiency and sustainability of its operations. With a strong focus on customer satisfaction and operational excellence, CPCL is one of the top 20 machinery companies in India and is well-positioned to continue driving growth in the Indian market in the years to come.
Cummins India Limited
Cummins India Limited is a subsidiary of Cummins Inc., a leading manufacturer of diesel and natural gas engines, generator sets, and related products.
The company provides a range of products and services to customers in India, including diesel and natural gas engines, generator sets, power systems, and more.
With a focus on innovation and sustainability, Cummins India is one of the top 20 machinery companies in India and is well-positioned to continue driving growth in the Indian market in the years to come.
The company has a strong commitment to delivering high-quality products and services to its customers and is dedicated to improving the communities in which it operates through various social and environmental initiatives.
Electrosteel Castings Limited
Electrosteel Castings Limited is an Indian company engaged in the manufacture and sale of ductile iron pipes and fittings. The company is headquartered in Kolkata and has manufacturing facilities in the eastern Indian state of West Bengal.
With a focus on quality, innovation, and sustainability, Electrosteel Castings is one of the top 20 machinery companies in India and is well-positioned to continue driving growth in the Indian market in the years to come.
The company has a strong commitment to meeting the needs of its customers and is dedicated to improving the communities in which it operates through various social and environmental initiatives.
With a highly skilled workforce and a focus on technology and innovation, Electrosteel Castings is poised for continued success in the Indian market.
Escorts Limited
Escorts Limited is an Indian engineering company that specializes in the manufacture of a wide range of products, including construction and material handling equipment, railway equipment, and auto components.
The company was founded in 1944 and is headquartered in Faridabad, Haryana. With a strong focus on innovation and customer satisfaction, Escorts Limited is one of the top 20 machinery companies in India and is well-positioned to continue driving growth in the Indian market in the years to come.
The company has a highly skilled workforce and is committed to using cutting-edge technology to create innovative products that meet the evolving needs of its customers. Through its ongoing commitment to research and development, Escorts Limited is poised for continued success in the Indian market.
Hindustan Petroleum Corporation Limited (HPCL)
Hindustan Petroleum Corporation Limited (HPCL) is an Indian oil and gas company that is headquartered in Mumbai. It was incorporated in 1974 and is one of the top 20 machinery companies in India.
HPCL is engaged in the exploration, production, and refining of crude oil, as well as the marketing of petroleum products and natural gas. The company operates two refineries in India and has a network of retail outlets and pipelines that serve the country’s growing energy needs.
With a strong commitment to sustainability and corporate social responsibility, HPCL is dedicated to contributing to the economic development of India while also protecting the environment and supporting local communities.
Through its focus on innovation and operational excellence, HPCL is poised for continued growth and success in the Indian market.
Honeywell Automation India Limited
Honeywell Automation India Limited is an Indian subsidiary of Honeywell International Inc., a Fortune 100 technology company based in the United States. Honeywell Automation India Limited is one of the leading machinery companies in India and provides a wide range of products and solutions in the areas of aerospace, building technologies, performance materials, and safety and productivity solutions.
The company’s products and solutions are used in various industries, including aerospace, building, manufacturing, oil and gas, and transportation. With a strong focus on innovation and customer satisfaction, Honeywell Automation India Limited is well-positioned to continue driving growth in the Indian market in the years to come.
Through its ongoing commitment to research and development, Honeywell Automation India Limited is poised for continued success in the Indian market.
JCB India Limited
JCB India Limited is the Indian subsidiary of JCB, a British multinational corporation that produces construction equipment.
JCB India is one of the leading construction equipment manufacturers in India and offers a wide range of products, including backhoe loaders, excavators, wheeled loaders, vibratory compaction rollers, skid steer loaders, and telehandlers.
The company has a strong presence in India and has several factories, sales and service centers, and dealerships across the country.
Kirloskar Oil Engines Limited
Kirloskar Oil Engines Limited (KOEL) is an Indian manufacturer of diesel and petrol engines, gensets, and agri-machinery. The company was founded in 1946 and is headquartered in Pune, India.
KOEL is part of the Kirloskar Group, a large conglomerate of companies operating in various industries such as pumps, compressors, and generators.
KOEL offers a wide range of diesel and petrol engines for various applications, including agriculture, construction, industrial, and power generation. The company is known for its quality products and reliable after-sales support.
Konecranes India Private Limited
Konecranes India Private Limited is the Indian subsidiary of Konecranes, a Finnish multinational corporation that specializes in the manufacture and service of cranes and hoists.
The company was established in India in 1990 and has since become a leading provider of cranes and hoists in the country. Konecranes India offers a wide range of products, including container handling cranes, shipyard cranes, process cranes, and material handling cranes.
The company has a strong network of sales and service centers across India and is known for its high-quality products and exceptional customer service.
L&T Construction Equipment Limited
L&T Construction Equipment Limited (LTCE) is a subsidiary of Larsen & Toubro Limited (L&T), one of India’s largest engineering and construction companies. LTCE is a leading manufacturer of construction equipment in India, offering a wide range of products including hydraulic excavators, wheel loaders, backhoe loaders, and motor graders.
The company has a strong presence in India and has several factories, sales and service centers, and dealerships across the country. LTCE is known for its innovative products, high quality, and exceptional customer support, and is a trusted brand in the construction equipment industry.
Mahindra & Mahindra Limited
Mahindra & Mahindra Limited (M&M) is an Indian multinational conglomerate company headquartered in Mumbai, India. The company was established in 1945 and is one of India’s largest vehicle manufacturers.
M&M operates in various industries including automotive, farm equipment, defense, aerospace, information technology, and hospitality.
In the automotive sector, M&M is best known for its range of SUVs, tractors, and commercial vehicles. The company has a strong presence in India and has a significant market share in the country’s automobile and farm equipment industries. M&M is known for its commitment to innovation, sustainability, and corporate social responsibility.
N.K. Proteins Limited
N.K. Proteins Limited is an Indian company that is engaged in the manufacture and export of animal feed products and ingredients. The company was established in 1997 and is headquartered in Indore, India.
N.K. Proteins is a leading producer of soybean meal, which is used as a source of protein for livestock and poultry. The company also offers a range of other animal feed products, including oil cakes, feed additives, and specialty feed ingredients. N.K. Proteins has a strong reputation for quality, reliability, and customer service, and exports its products to countries around the world.
Siemens Limited
Siemens Limited is the Indian subsidiary of Siemens AG, a German multinational conglomerate company. Siemens Limited was established in India in 1867 and is headquartered in Mumbai.
The company is a leading provider of technology and services in various sectors, including electrification, automation, and digitalization.
Siemens Limited offers a wide range of products and solutions in the areas of energy, industry, and infrastructure, and is known for its innovative technology, reliability, and exceptional customer service. The company has a strong presence in India and has several factories, research and development centers, and offices across the country.
TAFE Limited
TAFE Limited, also known as Tractors and Farm Equipment Limited, is an Indian multinational company that is headquartered in Chennai, India. The company was established in 1960 and is one of India’s largest manufacturers of tractors and farm equipment.
TAFE offers a wide range of products, including tractors, power tillers, and farm machinery, and is known for its innovative technology and high-quality products. TAFE has a strong presence in India and exports its products to over 80 countries around the world.
The company is a trusted brand in the agricultural sector and is committed to helping farmers improve their productivity and profitability.
TATA Motors Limited
TATA Motors Limited is an Indian multinational automotive manufacturing company headquartered in Mumbai, India. The company was established in 1945 and is a subsidiary of the Tata Group, one of India’s largest conglomerates.
TATA Motors is one of India’s largest automobile manufacturers and offers a wide range of vehicles, including cars, trucks, buses, and defense vehicles. The company has a strong presence in India and exports its vehicles to several countries around the world.
TATA Motors is known for its innovative technology, high-quality products, and commitment to sustainability. The company has several factories, research and development centers, and offices across India and is a major player in the Indian automotive industry.
Wartsila India Limited
Wärtsilä India Limited, also known as Wartsila India, is the Indian subsidiary of Wärtsilä, a Finnish multinational corporation that specializes in the manufacture and supply of power plant solutions and marine solutions.
Wartsila India was established in India in 1962 and is headquartered in Mumbai. The company offers a wide range of products and services in the areas of power generation, transmission and distribution, and marine solutions. Wartsila India is known for its innovative technology, high-quality products, and exceptional customer service.
The company has a strong presence in India and has several factories, research and development centers, and offices across the country. Wartsila India is a leading provider of power solutions in India and is committed to helping the country meet its energy needs.
In conclusion, the machinery sector in India is a dynamic and rapidly growing industry, with many large and well-established companies. The top 20 machinery companies in India are known for their innovation, high-quality products, and commitment to customer service.
These companies have a strong presence in India and are engaged in a wide range of activities, including the manufacture and export of machinery, equipment, and parts. The machinery sector in India plays a critical role in the country’s economic growth and development, and these companies are contributing to India’s position as a leading player in the global machinery market.
