Top 20 Best Electronic Manufacturing Companies in India 2023

Top 20 Best Electronic Manufacturing Companies in India 2023

In this article today, we will take a look at the Top 20 Electronic Manufacturing companies in India in 2023, based on factors such as revenue, market share, growth, and innovation

India is one of the fastest-growing electronics manufacturing countries in the world, with a thriving ecosystem of component suppliers, original equipment manufacturers (OEMs), and original design manufacturers (ODMs). The country has become a hub for global electronics companies to set up manufacturing operations due to its lower labour costs, skilled workforce, and favourable government policies.

As a result, India has witnessed significant growth in the electronics manufacturing sector in recent years, with many top global companies establishing a presence in the country. These companies are driving the growth and development of the electronics manufacturing industry in India, and are playing a significant role in shaping the country’s technological landscape.

1. Wistron

Wistron was established in the year of 2001 and has since grown to become one of the largest electronic manufacturing companies in the world. With operations in Asia, Europe, and the Americas, the corporation has a presence all over the world. In India, Wistron has set up multiple manufacturing facilities across the country, including in the cities of Chennai, Bengaluru, and Noida. These facilities are equipped with state-of-the-art technology and infrastructure to support the manufacture of a wide range of electronic products.

Wistron has a wide range of experience in manufacturing various types of electronics, including laptops, smartphones, tablets, desktops, and other consumer electronics. The business collaborates closely with its clients to offer specialised production solutions that meet their specific needs and requirements. Wistron also places a strong emphasis on quality control, with strict processes in place to ensure that its products meet the highest standards of quality and reliability. The company has multiple quality assurance and control centres located around the world, and its products are rigorously tested before they are shipped to customers.

Wistron is known for its innovative and efficient manufacturing processes, which have helped it to achieve high levels of productivity and competitiveness. To keep ahead of its rivals and satisfy changing client demands, the company has made significant investments in research and development. With projects and programmes aimed at lessening its environmental impact and helping local communities, Wistron is also dedicated to sustainability and corporate social responsibility. 

Wistron is a major player in the Indian electronics manufacturing industry, with a strong reputation for quality, reliability, and innovation. The company’s commitment to sustainable and responsible business practices makes it a preferred partner for global electronics brands, and its growing presence in India is driving the growth and development of the country’s electronics manufacturing sector.

2. Foxconn Technology Group

Taiwan-based  Foxconn Technology Group is a multinational contract manufacturer of electronics. The company is one of the largest original design manufacturers (ODMs) in the world, providing contract manufacturing services for a wide range of electronic products, including smartphones, laptops, desktops, and other consumer electronics. Foxconn has a strong presence in India, where it has set up multiple manufacturing facilities to serve the growing demand for electronics in the country.

Foxconn is known for its innovative and efficient manufacturing processes, as well as its commitment to quality and reliability. The company has a well-established supply chain and a global network of suppliers and partners, which helps it to provide its customers with a complete end-to-end solution. Foxconn is also a key player in the Indian electronics manufacturing industry, with a significant market share and a reputation for quality and reliability.

In recent years, Foxconn has made significant investments in technology and innovation, with a focus on areas such as automation, the Internet of Things (IoT), and artificial intelligence (AI). These investments have helped the company to improve its manufacturing processes and to create new and innovative products. With initiatives and programmes aimed at lessening its environmental effect and helping local communities, Foxconn is also dedicated to sustainability and CSR.

3. Samsung Electronics

Samsung Electronics is a South Korean multinational electronic company headquartered in Seoul. Samsung is one of the biggest and most prosperous electronics firms in the world, with broad range of goods and services, such as mobile phones, televisions, laptops, home appliances, and more. Samsung has a significant presence in India, where it has established a manufacturing facility for its mobile phones and other electronic products.

Samsung’s manufacturing facility in India is known for its innovative and efficient processes and is considered one of the largest mobile phone manufacturing plants in the world. The company uses state-of-the-art technology and infrastructure to support its manufacturing operations and has a strong focus on quality control to ensure that its products meet the highest standards of reliability and performance.

In addition to its manufacturing operations, Samsung also has a strong presence in the Indian consumer market, with a wide range of products available through its retail and online channels. With programmes and efforts aimed at minimising its environmental impact and assisting local communities, the corporation is dedicated to sustainability and corporate social responsibility.

In conclusion, Samsung Electronics is a major player in the Indian electronics market, with a strong presence in both the manufacturing and consumer sectors. The company’s commitment to quality, innovation, and sustainability make it a trusted and reliable partner for customers in India and around the world.

4. BoAt Company

BoAt is an Indian company that focuses on the design and production of lifestyle and entertainment goods. The company was founded in 2015 and has become a major player in the Indian market very quickly, with a wide range of products that include headphones, earphones, speakers, and other audio accessories.

Boat is known for its innovative and stylish products, as well as its commitment to quality and affordability. The company uses state-of-the-art technology and design techniques to create products that deliver outstanding sound quality and performance, while also being accessible to a wide range of consumers. BoAt products are available through a variety of retail and online channels, and the company has a strong online presence in India and around the world.

In recent years, BoAt has made considerable research and development expenditures to keep up with the competition and to meet the changing needs of its customers. For example, the company has launched a range of truly wireless earphones and smart speakers that incorporate advanced features such as voice control and artificial intelligence.

BoAt is an innovative and customer-focused company that is dedicated to delivering premium audio products at affordable prices. Another key aspect of BoAt’s success is its focus on customer satisfaction. The company has a strong customer support system in place, and it offers a variety of after-sales services, such as warranty support and repair services, to ensure that its customers benefit from its products in the greatest way feasible.

5.  LG Electronics

LG Electronics is a South Korean multinational electronics business that is headquartered and based in Seoul. The company was founded in 1958 and has since become one of the largest and most successful electronics companies in the world, with a wide range of products and services that include smartphones, televisions, home appliances, air conditioners, and more.

LG has a strong presence in India, where it has established a manufacturing facility for its electronics products. The company’s manufacturing facility in India is known for its innovative and efficient processes, and it is regarded as one of the nation’s biggest and most technologically advanced electronics production plants. LG uses state-of-the-art technology and infrastructure to support its manufacturing operations, and it has a strong focus on quality control to ensure that its products meet the highest standards of reliability and performance.

In addition to its manufacturing operations, LG also has a strong presence in the Indian consumer market, with a wide range of products available through its retail and online channels. The business is dedicated to sustainability and CSR, and it has implemented programmes and initiatives to lessen its environmental effect and assist regional communities.

LG Electronics is a major player in the Indian electronics market, with a strong presence in both the manufacturing and consumer sectors. The company’s commitment to quality, innovation, and sustainability make it a trusted and reliable partner for customers in India and around the world.

6.  HP Inc.

HP Inc. is an American multinational technology company that was formed in 2015 as a result of the split of Hewlett-Packard into two separate companies: HP Inc. and Hewlett-Packard Enterprise. HP Inc. focuses on personal computing and printing, while Hewlett-Packard Enterprise focuses on enterprise products and services. The business, which has its headquarters in Palo Alto, California, operates and has a presence in more than 170 nations, including India.

HP Inc. has a strong presence in India, where it is known for its wide range of products and services that include personal computers, printers, related supplies and accessories, ink and toner, and other imaging products. HP is also known for its commitment to customer support and satisfaction. To ensure that its clients have the best experience with its goods, the company has a robust after-sales service network in place and provides a range of support services, including warranty support, repair services, and technical assistance.

HP is renowned for emphasising quality and innovation, and it has a solid track record of delivering products. that offer outstanding performance and reliability. In order to keep ahead of its rivals and adapt to the changing needs of its clients, the company has made significant investments in research and development. For example, HP has developed a range of laptops and other products that are designed for mobility and convenience, and it has introduced new technologies, such as its Sure View privacy screen, to help protect its customers’ data.

Another key aspect of HP’s success is its focus on security and privacy. The company has implemented a range of security measures to protect the data and information of its customers, and it has developed a range of security and privacy solutions for its products, such as its Sure View privacy screen, which helps to protect sensitive information from prying eyes.

7.  Lenovo

Lenovo is a multinational technology company that is based in China, with operations and presence in over 160 countries, including India. Established in 1984, the business has since become one of the largest and most successful technology companies in the world, with a wide range of products and services that include personal computers, smartphones, data centre systems, and more.

In India, Lenovo has a strong presence in both the consumer and commercial markets, with a wide range of products and services that cater to the needs of both individual and business customers. The company’s product portfolio in India includes a range of personal computers, including laptops and desktops, as well as servers, storage systems, and other data centre solutions.

Lenovo is renowned for emphasising innovation., quality, and customer satisfaction. In order to keep ahead of its rivals and satisfy changing client demands, the company has made significant investments in research and development. For example, Lenovo has developed a range of laptops and other products that are designed for mobility and convenience, and it has introduced new technologies, such as its ThinkPad line of business laptops, to help customers be more productive and efficient.

In addition to its product offerings, Lenovo also places a lot of emphasis on corporate social responsibility and sustainability. The company has implemented a range of initiatives to reduce its environmental impact and promote sustainability, such as using recycled materials in its products and implementing energy-efficient manufacturing processes.

8.  Delta Electronics Private Limited

Delta Electronics Private Limited is an Indian subsidiary of Delta Electronics Inc., a multinational technology company that is based in Taiwan. Delta Electronics is a leading provider of power and thermal management solutions, and it has operations and a presence in over 160 countries, including India.

In India, Delta Electronics focuses on providing power management solutions for a wide range of industries and applications, including data centres, telecommunications, transportation, and more. The company’s product portfolio in India includes Uninterruptible Power Supplies (UPS), Power Distribution Units (PDUs), renewable energy solutions, and other products that help customers manage their energy consumption and reduce their environmental impact.

Delta Electronics is known for its focus on innovation, quality, and sustainability. The company has invested heavily in research and development to stay ahead of its competitors and to meet the changing needs of its customers. For example, Delta Electronics has developed a range of energy-efficient products that help customers reduce their carbon footprint, and it has introduced new technologies, such as its smart energy management solutions, to help customers better manage their energy consumption.

In addition to its product offerings, Delta Electronics also has a strong focus on sustainability and corporate social responsibility. The company has implemented a range of initiatives to reduce its environmental impact and promote sustainability, such as using recycled materials in its products and implementing energy-efficient manufacturing processes.

9. Toshiba

Toshiba is a multinational technology company that is based in Japan, with operations and presence in over 160 countries, including India. The business was established in 1875 and has since become one of the the world’s largest and most prosperous technology enterprises, offering a variety of goods and services that include personal computers, home appliances, power systems, and more.

In India, Toshiba has a strong presence in the consumer and commercial markets, with a wide range of products and services that cater to the needs of both individual and business customers. A variety of home appliances, including as refrigerators, washing machines, and air conditioners, as well as power systems, such as transformers, switchgear, and other electrical components, are all part of the company’s product line in India.

Toshiba is known for its focus on innovation, quality, and customer satisfaction. To keep one step ahead of the competition and adapt to the changing demands of its clients, the company has made significant investments in research and development.

For example, Toshiba has developed a range of home appliances that are designed to be energy-efficient and user-friendly, and it has introduced new technologies, such as its inverter air conditioners, to help customers save energy and reduce their environmental impact.

In addition to its product offerings, Toshiba also has a strong focus on sustainability and corporate social responsibility. The company has implemented a range of initiatives to reduce its environmental impact and promote sustainability, such as using recycled materials in its products and implementing energy-efficient manufacturing processes.

10. Sony

Sony is a multinational conglomerate that is based in Japan, with operations and presence in over 180 countries, including India. Since its establishment in 1946, the business has grown to become one of the biggest and most prosperous electronic and entertainment corporations in the world, offering a variety of goods and services. that include consumer electronics, gaming, entertainment, and more.

In India, Sony has a strong presence in the consumer electronics and entertainment markets, with a wide range of products and services that cater to the needs of both individual and business customers. The company’s product portfolio in India includes a range of consumer electronics, including televisions, home theatre systems, cameras, and mobile phones, as well as gaming and entertainment products, including PlayStation gaming consoles and music and movie content.

Sony is known for its focus on innovation, quality, and design. To keep one step ahead of the competition and adapt to the changing demands of its clients, the company has made significant investments in research and development. For example, Sony has developed a range of consumer electronics products that are designed to be stylish and user-friendly, and it has introduced new technologies, such as its Bravia television range, to provide customers with the best possible viewing experience.

In addition to its product offerings, Sony also has a strong focus on sustainability and corporate social responsibility. The company has implemented a range of initiatives to reduce its environmental impact and promote sustainability, such as using recycled materials in its products and implementing energy-efficient manufacturing processes.

11. Panasonic

Panasonic Corporation is a multinational electronics company that is based in Japan, with operations and presence in over 400 cities around the world, including India. Since its founding in1918, the business has grown to be among the biggest and most prosperous consumer electronics and appliance manufacturers in the world, offering a variety of goods and services such as consumer electronics, home appliances, lighting, and more.

In India, Panasonic has a strong presence in the consumer electronics and home appliances markets, with a wide range of products and services that cater to the needs of both individual and business customers. The company’s product portfolio in India includes a range of consumer electronics, including televisions, audio systems, and mobile phones, as well as home appliances, including refrigerators, washing machines, and air conditioners.

Panasonic is known for its focus on innovation, quality, and sustainability. In order to keep ahead of its rivals and satisfy changing client demands, the company has made significant investments in research and development. For example, Panasonic has developed a range of home appliances that are designed to be energy-efficient and environmentally friendly, and it has introduced new technologies, such as its Eco Ideas line of products, to help customers reduce their carbon footprint.

In addition to its product offerings, Panasonic also has a strong focus on corporate social responsibility. The company has implemented a range of initiatives to promote sustainability and to contribute to the development of local communities in which it operates, such as supporting education and providing health and hygiene products to those in need.

12.  Godrej and Boyce

Godrej & Boyce is a well-known conglomerate based in India that operates in a wide range of industries, including consumer products, engineering, real estate, electronics, and more. The company was established in 1897 and has since become one of the largest and most diversified business groups in India, with a strong presence across a range of industries and markets.

Godrej & Boyce is renowned in the consumer products industry for its emphasis on innovation and quality, offering a wide range of goods and services to meet the requirements of both residential and commercial clients. The company’s product portfolio in this sector includes a range of consumer electronics, home appliances, and personal care products, among others.

Godrej & Boyce’s emphasis on innovation and research and development is one of its main advantages. The company has invested heavily in these areas to stay ahead of its competitors and to meet the changing needs of its customers. For instance, Godrej & Boyce has created a line of eco-friendly and energy-efficient household appliances, and it has launched innovative technologies, like its Ecobalance product line, to assist consumers in lowering their carbon footprints.

In addition to its product offerings, Godrej & Boyce also has a strong focus on sustainability and corporate social responsibility. The company has implemented a range of initiatives to reduce its environmental impact and to contribute to the development of local communities in which it operates, such as promoting energy-efficient practices and supporting education and health initiatives.

13. Philips

Philips is a multinational electronic and healthcare company that is based in the Netherlands and operates globally, including in India. Since its founding in 1891, the business has grown to be among the biggest and most prosperous in the world, offering a variety of goods and services such as consumer electronics, home appliances, lighting, and medical equipment.

In India, Philips has a strong presence in the consumer electronics, home appliances, and healthcare markets, with a wide range of products and services that cater to the needs of both individual and business customers. The company’s product portfolio in India includes a range of consumer electronics, including televisions, audio systems, and mobile phones, as well as home appliances, including air purifiers, irons, and hair dryers. In the healthcare sector, Philips provides a range of medical equipment, including imaging systems, patient monitoring systems, and healthcare informatics solutions.

Philips is known for its focus on innovation, quality, and sustainability. In order to keep ahead of its rivals and satisfy changing client demands, the company has made significant investments in research and development. For example, Philips has developed a range of home appliances that are designed to be energy-efficient and environmentally friendly, and it has introduced new technologies, such as its Ambient LED lighting solutions, to help customers reduce their carbon footprint.

In addition to its product offerings, Philips also has a strong focus on corporate social responsibility. The company has implemented a range of initiatives to promote sustainability and to contribute to the development of local communities in which it operates, such as supporting education and providing healthcare services to those in need. 

14.  BPL

BPL, or British Physical Laboratories, is an Indian electronics company that was established in 1963 and is known for its focus on innovation, quality, and affordability. BPL has a wide range of products that cater to the needs of both individual and business customers, including consumer electronics, home appliances, and healthcare technology.

In the consumer electronics sector, BPL is known for its televisions, which have been popular in India for many years due to their affordable prices and high quality. BPL has also introduced a range of other electronics products, such as audio systems, mobile phones, and home theatres.

In the home appliances sector, BPL has a range of products that include refrigerators, washing machines, air conditioners, and microwaves, among others. The company’s products are designed to be energy-efficient and environmentally friendly, and BPL has introduced new technologies, such as its inverter air conditioners, to help customers reduce their carbon footprint.

In the healthcare sector, BPL is known for its medical equipment, including patient monitoring systems, diagnostic equipment, and imaging systems. The company has a strong focus on affordability and accessibility, and its products are designed to meet the needs of healthcare providers and patients in India.

15. Asti Electronics India Private Limited

Asti Electronics India Private Limited is an Indian electronics company that is based in Noida, Uttar Pradesh. The company is a subsidiary of Asti Electronics, a global electronics manufacturer and provider of technology solutions.

Asti Electronics India is focused on the manufacturing of electronic components and products for various industries, including the automotive, aerospace, defence, and telecommunications sectors. The company’s product portfolio includes a range of electronic components, such as Printed Circuit Boards (PCBs), electronic assembly, and box-build solutions.

The business places a high priority on innovation, quality, and sustainability, and it has made significant investments in R&D to stay one step ahead of the competition and cater to the evolving demands of its clients. For example, Asti Electronics India has introduced new technologies, such as its Surface Mount Technology (SMT) solutions, to improve the performance and reliability of its products.

Asti Electronics India has a state-of-the-art manufacturing facility in Noida that is equipped with the latest technology and machinery, and it has a highly skilled and experienced workforce that is dedicated to delivering high-quality products and services to its customers.

Asti Electronics India Private Limited is a leading electronics company in India that provides technology solutions for a range of industries. As a result of the company’s emphasis on innovation, quality, and sustainability, it is a chosen partner for clients searching for dependable and eco-friendly technological solutions.

16. Aparnasonic India

Aparnasonic India is a subsidiary of Aparnasonic, a global electronics manufacturer based in Taiwan. Aparnasonic India is focused on the manufacturing of electronic components and products for various industries, including the automotive, industrial, and consumer electronics sectors.

The company’s product portfolio includes a wide range of electronic components, such as capacitors, inductors, transformers, and power supplies, among others. The company has a strong focus on innovation, quality, and reliability, and it invests heavily in research and development to stay ahead of its competitors and meet the changing needs of its customers.

Aparnasonic India has a state-of-the-art manufacturing facility in India that is equipped with the latest technology and machinery, and it has a highly skilled and experienced workforce that is dedicated to delivering high-quality products and services to its customers. The company has a strong commitment to sustainability and it has implemented environmentally responsible practices and technologies, such as its green energy solutions, to reduce its carbon footprint.

Aparnasonic India is a leading electronics company in India that provides technology solutions for a range of industries. The company’s focus on innovation, quality, and sustainability makes it a preferred partner for customers looking for reliable and environmentally responsible technology solutions.

17. TronicsZone Electronic Design & PCB Design

TronicsZone Electronic Design & PCB Design is an Indian electronics design and manufacturing company. The company provides a range of services for the design and development of electronic products, including circuit design, PCB design, firmware development, and product testing.

TronicsZone’s core focus is on providing high-quality and cost-effective electronics design solutions to its customers. The company has a team of experienced engineers who have a deep understanding of the latest technologies and trends in the electronics industry. The company works closely with its customers to understand their requirements and provide customized solutions that meet their needs.

The company also has a state-of-the-art manufacturing facility in India that is equipped with the latest technology and machinery. This allows TronicsZone to provide end-to-end solutions to its customers, from product design to final manufacturing.

TronicsZone Electronic Design & PCB Design is a leading electronics design and manufacturing company in India that provides high-quality and cost-effective solutions for the design and development of electronic products. The company’s experienced team and state-of-the-art facilities make it a preferred partner for customers looking for reliable and innovative electronics solutions.

18.  Intex Technologies

Intex Technologies is an Indian electronics company that was established in 1996. The company is headquartered in Delhi and has operations across India, as well as in several other countries. Intex Technologies is one of the leading players in the Indian consumer electronics market, and it is known for offering a wide range of products and solutions in categories such as mobile phones, home appliances, and IT accessories.

Intex Technologies is committed to providing high-quality products and services to its customers, and it invests heavily in research and development to stay ahead of its competitors and meet the changing needs of its customers. The company has a strong focus on innovation, and it has launched several cutting-edge products over the years that have been well received by the market.

Intex Technologies operates a state-of-the-art manufacturing facility in India, and it has a highly skilled and experienced workforce that is dedicated to delivering high-quality products and services to its customers. The company has a strong commitment to sustainability, and it has implemented environmentally responsible practices and technologies to reduce its carbon footprint.

Intex Technologies is a leading electronics company in India that provides a wide range of products and solutions in categories such as mobile phones, home appliances, and IT accessories. The company’s focus on innovation, quality, and sustainability makes it a preferred partner for customers looking for reliable and environmentally responsible technology solutions.

19.  Micromax

Micromax is an Indian electronic company that was established in 2000. The company is established in Gurgaon, India and it is one of the leading players in the Indian mobile phone market. Micromax is known for providing high-quality and affordable mobile phones to its customers, and it has become a popular brand among Indian consumers due to its innovative products and competitive prices.

Micromax has a strong focus on research and development, and it has launched several innovative products over the years, including smartphones, feature phones, and tablets. The company is committed to providing its customers with the latest technology and features, and it invests heavily in developing new products and improving its existing offerings.

Micromax has a large distribution network in India and it has partnerships with leading retailers and e-commerce platforms to make its products easily accessible to its customers. The company has a highly skilled and experienced workforce that is dedicated to delivering high-quality products and services to its customers.

Micromax is a leading Indian electronics company that is known for providing high-quality and affordable mobile phones to its customers. The company’s focus on innovation, quality, and customer service makes it a preferred brand for many Indian consumers.

20. Sahasra Electronics Pvt. Ltd.

Sahasra Electronics Pvt Ltd is an Indian electronics company that specializes in the design, development, and manufacture of a range of electronic products and solutions. The company was founded with a focus on providing high-quality, innovative, and reliable products to its customers, and it has established a strong reputation in the Indian market for its commitment to excellence and customer satisfaction.

Sahasra Electronics has a highly skilled and experienced team of engineers and technicians who are dedicated to delivering innovative products and solutions to its customers. To ensure that it can give its clients the greatest products and services available, the company places a heavy emphasis on research and development and makes significant investments in the newest technology and machinery.

Sahasra Electronics operates a state-of-the-art manufacturing facility in India, and it has a comprehensive quality control system in place to ensure that its products meet the highest standards of quality and reliability. The company has a strong commitment to sustainability, and it implements environmentally responsible practices and technologies in its operations to minimize its impact on the environment.

Sahasra Electronics Pvt Ltd is an Indian electronics company that specializes in the design, development, and manufacture of a range of electronic products and solutions. The company’s focus on innovation, quality, and sustainability makes it a preferred partner for customers looking for reliable and environmentally responsible technology solutions.

In conclusion, the electronic manufacturing industry in India is growing rapidly and is home to some of the world’s largest and most innovative electronics companies. These top 20 electronic manufacturing companies in India in 2023 include well-established multinational corporations as well as innovative start-ups.

These companies are focused on providing high-quality, innovative, and affordable products and services to their customers. They are committed to investing in research and development, improving their manufacturing processes, and delivering cutting-edge technology and features to their customers. With a strong focus on innovation, quality, and customer service, these companies are poised to continue leading the way in the electronic manufacturing industry in India and around the world.