Company lists
The India edition · 2026

Contract manufacturerscompanies in India

Pharma & nutraceutical, cosmetics, garments & textiles, electronics, chemicals and more: the companies building contract manufacturers in India, with their founders, funding, team size and business models.

1,183 company profiles514 with reported revenue31 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent contract manufacturers business events in India

Funding, M&A, contract wins and launches involving 1,294 contract manufacturers companies in India, last 24 months: 49 M&A deals · 45 Contracts · 11 funding rounds · 2 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

Master components · client: Na

Master Components Limited (MASE.NS) has officially secured a new domestic supply order valued at 4.7 million Indian rupees.

Industrial Manufacturing
M&AAcquisition · Announced

Manomay tex india acquires Lov Smart Rj-1

Manomay Tex India Ltd has approved the acquisition of a 26 per cent equity stake in Lov Smart Rj-1, a company engaged in renewable energy generation and transmission, as part of its…

Renewable energy generation and transmission
M&AAcquisition · Announced

Nandan denim acquires Opera Air (Narmada) Private Limited

Nandan Denim has reported that the Board has approved to buy 6.1 percent share in Opera Air (Narmada) Private Limited.

M&AAcquisition · Announced

Nandan denim acquires Opera Vayu (Narmada) Private Limited

Nandan Denim said that the board has approved the acquisition of a 6.1% equity stake in Opera Vayu (Narmada) Private Limited.

M&AAcquisition · Announced

Jaykay enterprises acquires Patange industries

Jaykay Enterprises has announced the acquisition of the business undertaking of Patange Industries Private Limited, a company specialising in defence precision manufacturing,…

Defence precision manufacturing, fabrication, and engineering design services
M&AAcquisition · Announced

Amber enterprises india acquires Amber Resojet Private Limited

Amber Enterprises India has announced the acquisition of the remaining 50% equity stake in Amber Resojet Private Limited, making it a wholly owned subsidiary.

Consumer durables and home appliances
M&AAcquisition · Completed

Aequs acquires Aequs Foundation

Aequs has successfully completed the acquisition of 1,000 equity shares, representing 50% of the total share capital of Aequs Foundation, from Hubballi Durable Goods Cluster Private Limited.

M&AAcquisition · Completed

Anil Kumar Goel acquires Sportking india

Veteran investor Anil Kumar Goel has increased his shareholding in Sportking India Limited, crossing the 5% ownership threshold prescribed under Indian takeover regulations.

Textile Manufacturer
LaunchMafatlal MedFits

Mafatlal industries

Mafatlal Industries Limited (MIL), the flagship company of the Arvind Mafatlal Group and one of India’s most trusted textile institutions, has announced its entry into the e-commerce…

Medical textiles e-commerce platform
M&AAcquisition · Announced

Gokaldas exports acquires Matrix Design & Industries Pvt. Ltd.

Apparel exporter Gokaldas Exports Limited (GEL) has signed an agreement to acquire Matrix Design & Industries Pvt. Ltd. for ₹489 crore, with ₹247.5 crore via share swap.

Knitwear apparel manufacturer
M&AAcquisition · Rumored

Apparel group acquires Baccarose

Mumbai: Dubai-based Apparel Group is in exploratory talks to acquire a stake in Baccarose, which distributes global premium fragrance, skincare and cosmetics brands in India and operates…

Beauty & Luxury Brand Distribution
LaunchClimate-control yarn

Alok industries

Alok is also broadening its specialty polyester offerings with a climate-control yarn that provides inherent thermal comfort

Yarn
ContractSupply

KOSOL Energie · client: Mafatlal industries

Kosol Energie has commissioned a 4 MW solar photovoltaic (PV) power project for Mafatlal Industries Limited at its manufacturing facility in Nadiad, Gujarat.

Renewable Energy
ContractService

Qdoba Mexican Eats · client: The rose group

Qdoba recently signed a franchise deal with The Rose Group, which operates 55 Applebee’s Grill + Bar restaurants and Shannon Rose Irish Pubs across the Mid-Atlantic. This deal accounts…

M&AAcquisition · Announced

Recomotor acquires Barcelona

Recomotor, distributor of recovered parts for workshops and automotive professionals, continues its expansion with the acquisition of a new scrapping in Sant Andreu de la Barca (Barcelona).

ContractService

Jaykay enterprises · client: JK Defence & Aerospace

Jaykay Enterprises: Company acquired 2,00,000 preference shares in JK Defence & Aerospace for ₹2 Cr.

Contract

The rose group · client: Qdoba Mexican Eats

The Rose Group: A 35-restaurant agreement spanning Pennsylvania and southern New Jersey.

Fast-casual
Funding

Aequs

Aequs plans to use its latest fundraising to reduce borrowings and expand its aerospace business, said Aravind Melligeri, Executive Chairman and CEO of the company.

Aerospace, consumer products
M&AAcquisition · Announced

IL JIN Electronics (India) acquires Shogini Technoarts

Amber Enterprises India said its subsidiary, IL JIN Electronics (India), has acquired an 80 per cent stake in Shogini Technoarts for around Rs 506 crore.

ContractSupply

Vishal fabrics · client: Kiran enterprises

Textile manufacturer Vishal Fabrics has secured an order worth Rs 100 crore from Kiran Enterprises for the supply of denim fabrics, the company said in its regulatory filing on Tuesday.

Textile
ContractSupply

Garment Mantra Lifestyle · client: AL Rahmat Textiles L.L.C.

Garment Mantra Lifestyle, through a stock exchange filing, announced that its wholly owned subsidiary has been awarded a fresh export order by AL Rahmat Textiles L.L.C. amounting to Rs…

ContractSupply

Vishal fabrics · client: Na

Vishal Fabrics bags Rs 100 crore denim supply order.

Textile
M&AAcquisition · Announced

Walking tree acquires Octaware technologies

Octaware Technologies Limited has received an open offer from Walking Tree Technologies Private Limited to acquire up to 9,34,400 equity shares, representing 26.02% of the voting…

IT
M&AAcquisition · Announced

Walking tree acquires Mohammed Aslam Qudratullah Khan

The open offer is triggered by Walking Tree Technologies' agreement to acquire a 34.76% stake (12,48,000 shares) from the promoter at ₹25 per share. This initial acquisition, valued at…

IT
M&AAcquisition · Completed

Cupid acquires Karnataka bank

Last Friday, Cupid's CMD made a bulk deal by purchasing 38 lakh shares worth approximately ₹71 crore in the private sector banking institution.

Banking
M&AAcquisition · Announced

IL JIN Electronics India Pvt Ltd acquires Shogini Technoarts

The IL JIN Electronics India Pvt Ltd, a subsidiary of Amber Group, has entered into a definitive agreement for purchase of majority stake in Shogini Technoarts Pvt Ltd.

Printed Circuit Boards Manufacturing
M&AAcquisition · Announced

Amber Enterprises acquires Shogini Technoarts

Electronics manufacturer Amber Enterprises has entered into a definitive agreement with Pune-based Shogini Technoarts to purchase a majority stake in the company.

PCB manufacturing
ContractSupply

Cupid · client: South Africa

Cupid, a global provider of wellness and public-health products, has received about ₹115-crore order to supply men and female condoms to South Africa.

Public Health
Funding

Dixon technologies

In the September quarter of 2025, SBI Group, through SBI Life Insurance Company Limited, acquired a fresh stake of 1.4 percent in Dixon Technologies (India) Limited.

ContractSupply

Basf · client: Galaxy surfactants

BASF has delivered its first shipment of biomasse-balanced BMBCertTM 3-(dimethylamino)propylamine (DMAPA) in Asia Pacific to Galaxy Surfactants Ltd.

Personal Care

Contract manufacturers companies in India, by revenue

Browse contract manufacturers companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 514 contract manufacturers companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of electronics manufacturing services

Direct selling
₹38,880.33 crFY 2024-25
+119%2024–2025
5,188-6% 12 mo to Jul 2024LinkedIn · Jul 2026
33 yr1993
5postings · last posted Sep 2026

Contract manufacturer of natural polished diamonds

Contract manufacturers
₹15,099.92 crFY 2024-25
-11%2024–2025
1,249-31% 12 mo to Aug 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Contract manufacturer of garments

Contract manufacturers
₹12,627.53 crFY 2024-25
+21%2024–2025
1,175+26% 12 mo to Sep 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Apparel manufacturer and exporter

Contract manufacturers
₹10,206.64 crFY 2022-23
Not reported
10,122-14% 12 mo to Oct 2023LinkedIn · Jul 2026
52 yr1974
1postings · last posted Jul 2026

Original equipment manufacturer for white goods companies

Contract manufacturers
₹10,046.58 crFY 2024-25
+48%2024–2025
1,683+8% 12 mo to Sep 2024LinkedIn · Jul 2026
36 yr1990
1postings · last posted Aug 2026

Natural diamond manufacturing and designing services

Contract manufacturers
₹7,589.18 crFY 2022-23
Not reported
427LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Contract manufacturer of diamonds

Contract manufacturers
₹7,740.85 crFY 2024-25
-2%2024–2025
1,021LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Manufacturer and exporter of diamonds and jewellery products

Contract manufacturers
₹4,467.92 crFY 2022-23
Not reported
316-35% 12 mo to Sep 2024recorded Sep 2024
55 yr1971
—No postings tracked

Manufacturer and exporter of garment

Contract manufacturers
₹4,539.84 crFY 2024-25
+31%2024–2025
2,190+20% 12 mo to Aug 2024LinkedIn · Jul 2026
39 yr1987
0none in 3 months

Manufacturer of surfactants and specialty care ingredients for the home and personal care industry

Surfactants
₹4,249.48 crFY 2024-25
+11%2024–2025
1,791+3% 12 mo to Sep 2024recorded Sep 2024
46 yr1980
1postings · last posted Aug 2026

Manufacturer of textiles

Contract manufacturers
₹3,819.85 crFY 2024-25
-31%2024–2025
3,635-5% 12 mo to Jul 2024LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Manufacturer of convenience foods and personal care products

Food processing
₹3,578.93 crFY 2024-25
+30%2024–2025
1,046+33% 12 mo to Sep 2024LinkedIn · Jul 2026
42 yr1984
0none in 3 months

Manufacturer & supplier of denims

Contract manufacturers
₹3,554.30 crFY 2024-25
+74%2024–2025
277-86% 12 mo to Sep 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Brand of diamond jewelry

Contract manufacturers
₹3,426.28 crFY 2024-25
-24%2024–2025
358+167% 12 mo to May 2021LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Manufacturer and distributor of textile products

Contract manufacturers
₹2,850.95 crFY 2024-25
+30%2024–2025
1,827LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Manufactures consumer goods and processed food products

Contract manufacturers
₹2,751.92 crFY 2024-25
+25%2024–2025
535-2% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
0none in 3 months

Manufacturer and retailer of yarns, fabrics and garments

Contract manufacturers
₹2,551.02 crFY 2024-25
+6%2024–2025
3,750recorded
37 yr1989
0none in 3 months

Contract manufacturer of diamond

Contract manufacturers
₹2,321.54 crFY 2022-23
Not reported
229+71% vs previous recordLinkedIn · Jul 2026
59 yr1967
0none in 3 months

Vertically integrated diamond and jewelry manufacturing company

Contract manufacturers
₹2,292.37 crFY 2022-23
Not reported
156LinkedIn · Jul 2026
60 yr1966
0none in 3 months

Contract manufacturer of diamonds

Contract manufacturers
₹2,405.92 crFY 2024-25
-22%2024–2025
159LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Manufacturer of textile products

Contract manufacturers
₹2,290.78 crFY 2024-25
+26%2024–2025
3,750recorded
40 yr1986
0none in 3 months

Online platform for OEM/ODM manufacturing of air‑conditioning and home appliances

Contract manufacturers
₹2,191.92 crFY 2024-25
+53%2024–2025
596+35% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Contract manufacturer of jewelry and personal care

Contract manufacturers
₹1,820.83 crFY 2022-23
Not reported
540-88% 12 mo to Aug 2023LinkedIn · Jul 2026
55 yr1971
0none in 3 months

Manufacturer of renewable energy components and assemblies

Contract manufacturers
₹1,865.10 crFY 2024-25
+23%2024–2025
161+117% 12 mo to Aug 2023LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Contract manufacturer of garments

Contract manufacturers
₹1,574.36 crFY 2021-22
Not reported
12,000recorded
49 yr1977
—No postings tracked
50 of 1,183 companies shown here · the full list is on Radar
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Explore all 1,183 contract manufacturers companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 1,183 contract manufacturers companies in India, filterable by stage, funding, team size, revenue model and age.
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Explore contract manufacturers companies in India by what you are looking for

Find contract manufacturing companies in India, including pharmaceutical contract manufacturers, cosmetics contract manufacturers and garment makers. Browse top contract manufacturers in India and listed contract manufacturing companies.

9 ways to explore contract manufacturers in India

Pharmaceutical & nutraceutical contract manufacturersCosmetics & personal care contract manufacturersGarment, apparel & textile contract manufacturersElectronics manufacturing services (EMS) companiesChemical & specialty chemical contract manufacturersIndustrial, plastic, auto & aerospace component manufacturers

Pharmaceutical & nutraceutical contract manufacturers

CDMOs and contract makers of drugs, APIs, formulations and supplements.

  1. Pontika Aerotech

    Contract manufacturer of formulations

    Contract manufacturers
    Website
  2. Sarvotham Care

    Contract manufacturer of liquid orals, tablets, ointments, creams, cosmetics, home and health care products.

    Biopharma outsourcing
    Website
  3. Inventys

    Custom based manufacturer of actives, crop protection, advanced intermediates, and specialty chemicals

    Contract manufacturers
    Website
  4. LDD BIOSCIENCE

    Manufacturer of homeopathic medicines, tablets, drops, syrups, tinctures, dilutions, and personal care products

    Alternative medicine products
    Website
  5. Sprivil Healthcare

    Manufacturer of high quality natural and organic skincare and cosmetics products

    Contract manufacturers
    Website

Cosmetics & personal care contract manufacturers

Private label makers of skin care, hair care, fragrances and personal hygiene products.

  1. Galaxy Surfactants

    Manufacturer of surfactants and specialty care ingredients for the home and personal care industry

    Surfactants
    See in list
  2. Baccarose

    Supplier of imported fragrances, beauty & healthcare products

    B2b e-commerce
    Website
  3. Lykis

    Brand of skin, hair, oral & baby care products

    Beauty & personal care products
    Website
  4. Anuspa Heritage Products

    Manufacturer of natural soaps

    Contract manufacturers
    Website
  5. Vapiorganic

    Retailer of personal care and wellness products, emphasizing organic ingredients

    Cleaning chemicals
    Website
55 companies in India

Garment, apparel & textile contract manufacturers

Contract makers of garments, fabric, yarn, denim and knitwear.

  1. PDS

    Contract manufacturer of garments

    Contract manufacturers
    See in list
  2. Shahi

    Apparel manufacturer and exporter

    Contract manufacturers
    See in list
  3. Hari Krishna

    Contract manufacturer of diamonds

    Contract manufacturers
    See in list
  4. Pearl Global Industries

    Manufacturer and exporter of garment

    Contract manufacturers
    See in list
  5. Alok Industries

    Manufacturer of textiles

    Contract manufacturers
    See in list

Electronics manufacturing services (EMS) companies

Contract manufacturers of electronics, appliances and consumer devices.

  1. Dixon Technologies

    Provider of electronics manufacturing services

    Direct selling
    See in list
  2. Amber Enterprises India

    Original equipment manufacturer for white goods companies

    Contract manufacturers
    See in list
  3. Epack Durable

    Online platform for OEM/ODM manufacturing of air‑conditioning and home appliances

    Contract manufacturers
    See in list
  4. Super Plastronics

    Contract manufacturer of plastic injection molding unit and CRT televisions

    Contract manufacturers
    Website
  5. Tianyin

    Manufacturer of chargers, adapters, and EV chargers

    Contract manufacturers
    Website

Chemical & specialty chemical contract manufacturers

Custom and contract manufacturers of specialty, agro and industrial chemicals.

  1. Aether

    Manufacturer of advanced intermediates and active ingredients for multiple industries

    Contract manufacturers
    See in list
  2. Aristo Biotech

    Provider of audio news content to radio stations

    Contract manufacturers
    Website
  3. Inventys

    Custom based manufacturer of actives, crop protection, advanced intermediates, and specialty chemicals

    Contract manufacturers
    Website
  4. ORAH

    Contract based manufacturer of cosmetics

    Contract manufacturers
    Website
  5. Leaven Essentials

    Contract manufacturer of natural oils

    Contract manufacturers
    Website

Industrial, plastic, auto & aerospace component manufacturers

Contract makers of plastic parts, auto components, building products and aerospace parts.

  1. Aequs

    Manufacturer of diversified manufacturing solutions built on precision engineering

    Aircraft parts and sub component manufacturers
    See in list
  2. Associate Decor

    Provider of timber and panel products

    Building materials
    Website
  3. Shivalik Engineering

    Manufacturer of castings and precision components for various industries

    Auto components
    Website
  4. Mohit Industries

    Contract manufacturer of industrial equipment

    Auto components
    Website
  5. iTech Plast

    Plastic parts manufacturer and supplier

    Contract manufacturers
    Website

Contract manufacturing startups in India

Recently founded contract manufacturers in India.

  1. Rexxam Dixon Electronics

    Brand of consumer electronics and durables

    Contract manufacturers
    Website
  2. Aradhanaknittingmills

    Manufacturer of vertically integrated textile solutions including knitting, dyeing, and printing

    Contract manufacturers
    Website
  3. Bajaj Processors

    Contract manufacturer of fabric processing and printing

    Contract manufacturers
    Website
  4. GLEAMING APPARELS

    Garment manufacturing company that produces apparel products

    Contract manufacturers
    Website
  5. Syadwad Impex

    Manufacturer of woven women's and kids' fashion garments for export

    Contract manufacturers
    Website
96 companies in India

Contract manufacturers hiring in India

Contract manufacturing employers in India with open roles.

  1. Dixon Technologies

    Provider of electronics manufacturing services

    Direct selling
    See in list
  2. Shahi

    Apparel manufacturer and exporter

    Contract manufacturers
    See in list
  3. Amber Enterprises India

    Original equipment manufacturer for white goods companies

    Contract manufacturers
    See in list
  4. Galaxy Surfactants

    Manufacturer of surfactants and specialty care ingredients for the home and personal care industry

    Surfactants
    See in list
  5. Nandan Terry

    Internet first brand of casual wear for men and women

    Contract manufacturers
    See in list
20 companies in India

Listed contract manufacturing companies in India

Publicly listed contract manufacturers in India.

  1. Dixon Technologies

    Provider of electronics manufacturing services

    Direct selling
    See in list
  2. PDS

    Contract manufacturer of garments

    Contract manufacturers
    See in list
  3. Amber Enterprises India

    Original equipment manufacturer for white goods companies

    Contract manufacturers
    See in list
  4. Asian Star

    Manufacturer and exporter of diamonds and jewellery products

    Contract manufacturers
    See in list
  5. Pearl Global Industries

    Manufacturer and exporter of garment

    Contract manufacturers
    See in list
107 companies in India
Mobile reach

Top 10 contract manufacturers apps from India

The most-installed Android apps published by contract manufacturers companies headquartered in India — 1.3M installs between them. 24 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

SHARP COCORO ALBUM

by Sharp

Installs953K
Rating—
Last updatedApr 2026
View on Google Play ↗
SHARP COCORO ALBUM screenshot 1SHARP COCORO ALBUM screenshot 2SHARP COCORO ALBUM screenshot 3SHARP COCORO ALBUM screenshot 4
2

Oakter

by Oakter

Installs196K
Rating4.143K ratings
Installs, year on year+10%
Last updatedOct 2024
View on Google Play ↗
Oakter screenshot 1Oakter screenshot 2Oakter screenshot 3Oakter screenshot 4
3

Ruhe - Kitchen & Bath Fittings

by Ruhe India

Installs38K
Rating—
Last updatedJan 2026
View on Google Play ↗
Ruhe - Kitchen & Bath Fittings screenshot 1Ruhe - Kitchen & Bath Fittings screenshot 2Ruhe - Kitchen & Bath Fittings screenshot 3Ruhe - Kitchen & Bath Fittings screenshot 4Ruhe - Kitchen & Bath Fittings screenshot 5Ruhe - Kitchen & Bath Fittings screenshot 6
4

Sellet: B2B Toys & Party Items

by Sellet

Installs22K
Rating—
Last updatedJan 2026
View on Google Play ↗
Sellet: B2B Toys & Party Items screenshot 1Sellet: B2B Toys & Party Items screenshot 2Sellet: B2B Toys & Party Items screenshot 3Sellet: B2B Toys & Party Items screenshot 4Sellet: B2B Toys & Party Items screenshot 5Sellet: B2B Toys & Party Items screenshot 6
The business behind the activity

Contract manufacturers financials in India

Revenue, profit and growth from the filed annual accounts of 466 contract manufacturers companies in India for FY24-25 — 532 of the 1,183 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 25% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹149,247.78 cr

466 companies filing accounts

combined net profit₹4,712.16 cr

3.2% aggregate margin

are profitable81%

376 of 466 companies

median revenue~₹47.3 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five25%

revenue concentration

Six-year view

Combined revenue of filing companies

₹109,353.88 crFY19-20433 filers
₹105,976.40 crFY20-21461 filers
₹135,028.91 crFY21-22481 filers
₹164,283.27 crFY22-23485 filers
₹145,175.18 crFY23-24487 filers
₹149,247.78 crFY24-25466 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 439 companies over three years

-7%
FY22-23₹156,187.51 cr₹6,120.13 cr net
FY23-24₹140,314.05 cr₹3,778.81 cr net
FY24-25₹144,844.87 cr₹4,449.41 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr3444% profitable
₹1–10 cr7571% profitable
₹10–100 cr18685% profitable
₹100–1,000 cr13787% profitable
Over ₹1,000 cr3491% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking153
0–20%150
20–50%93
50–100%37
Doubled+20

453 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

376profitable
88loss-making
3.2%aggregate margin
2.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
AradhanaknittingmillsS.ARADHANA KNITTING MILLS PRIVATE LIMITED₹163.01 cr
Esskay InternationalESSKAY INTERNATIONAL PVT LTD+256%₹13.86 cr
LC EnterprisesL.C. ENTERPRISES PRIVATE LIMITED₹80.58 cr
Herb ElementzHERB ELEMENTZ NATURECEUTICALS PRIVATE LIMITED+166%₹48.13 cr
InfiiloomINFIILOOM INDIA PRIVATE LIMITED₹475.82 cr
Janki HerbalsJANKI HERBALS PRIVATE LIMITED+134%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
ICCTHE INDIAN CARD CLOTHING COMPANY LIMITED114.9%
GB GlobalGB GLOBAL LIMITED37.1%
TriburgTRIBURG SOURCING SERVICES PRIVATE LIMITED31.9%
Sheshadri IndustriesSHESHADRI INDUSTRIES LIMITED₹34.46 cr
Sarup IndustriesSARUP INDUSTRIES LIMITED23.7%
SaivanaSAIVANA GARMENTS PRIVATE LIMITED23.2%₹251.75 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Contract manufacturers434₹133,413.20 cr~₹46.4 cr82%3.0%
Leaders

Largest contract manufacturers companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
ShahiSHAHI EXPORTS PRIVATE LIMITED₹10,405.45 cr₹1,076.76 cr10.3%+9%
Kiran GemsKIRAN GEMS PRIVATE LIMITED₹10,145.60 cr0.4%-21%
Amber Enterprises IndiaAMBER ENTERPRISES INDIA LIMITED₹6,825.78 cr₹135.31 cr2.0%+47%
Dixon TechnologiesDIXON TECHNOLOGIES (INDIA) LIMITED₹5,467.37 cr₹565.90 cr10.4%-15%
Hari KrishnaHARI KRISHNA EXPORTS PRIVATE LIMITED₹4,462.95 cr₹91.49 cr2.0%-22%
Dharmanandan DiamondsDHARMANANDAN DIAMONDS PRIVATE LIMITED₹4,085.22 cr₹60.23 cr1.5%-19%
Alok IndustriesALOK INDUSTRIES LIMITED₹3,629.31 cr−₹768.81 cr-21.2%-32%
Nandan DenimNANDAN DENIM LIMITED₹3,554.30 cr₹33.48 cr0.9%+74%
Galaxy SurfactantsGALAXY SURFACTANTS LTD₹3,027.71 cr₹173.82 cr5.7%+9%
SCM GarmentsSCM GARMENTS PRIVATE LIMITED₹2,850.95 cr₹169.99 cr6.0%+30%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full contract manufacturers landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the contract manufacturers landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Contract manufacturers funding and M&A across India

74 recorded equity rounds have gone to 1,294 contract manufacturers companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months5

US$24.33m

equity rounds, last 24 months18

US$97.82m

raised over five yearsUS$600.86m

48 rounds in India

M&A deals, India49

last 24 months

Capital by year

Equity funding into contract manufacturers in India

amount rounds
$639k20193
$20k20201
$140m20218
$117m20228
$100m20236
$150m202412
$73m202510
$20m20264

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$150.00m across 12 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$280k4 rounds · median US$92k
SeedUS$21.90m16 rounds · median US$1.01m
Series AUS$160.57m14 rounds · median US$6.38m
Series BUS$122.14m6 rounds · median US$20.00m
Series CUS$208.47m5 rounds · median US$40.00m
Private equityUS$87.50m3 rounds · median US$43.75m
Where the money went · five years

Most-funded sub-sectors

Contract manufacturersUS$498.58m38 rounds · 21 companies
Aircraft parts and sub component manufacturersUS$87.50m2 rounds · 1 companies
Diversified chemicalsUS$10.80m2 rounds · 1 companies
Electronic manufacturing servicesUS$2.76m1 rounds · 1 companies
Manufacturing servicesUS$1.21m3 rounds · 1 companies
Beauty techUS$0k1 rounds · 1 companies
Auto componentsUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

45Acquisition
3Merger
1Announced

Most active acquirers

  1. Amber enterprises india7
  2. Dixon technologies7
  3. Evexia lifecare5
  4. Gokaldas exports3
  5. Nandan denim2

Most acquired or merged

  1. Shogini Technoarts3
  2. Brfl textiles2
  3. Virat industries2
  4. Knit Gallery India Pvt Ltd (KGIPL)2
  5. Special Purpose Vehicle (SPV)2

Each deal appears in the events strip at the top of the page.

Contract manufacturers funding in India

31 contract manufacturers companies in India have recorded equity funding, US$708.40m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind contract manufacturers companies in India. 394 of 1,183 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India contract manufacturers companies by sub-sector

The most common specialisations among contract manufacturers companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring contract manufacturers in India and nearby markets.

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