Company lists
The Karnataka edition · 2026

Industrial goods and manufacturingcompanies in Karnataka

Automation & machinery, contract manufacturing, manufacturing software, IoT & AI, packaging and more: the companies building industrial goods and manufacturing in Karnataka, with their founders, funding, team size and business models.

844 company profiles423 with reported revenue53 with recorded fundingSeptember 2026 edition
Karnataka · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent industrial goods and manufacturing business events in Karnataka

Funding, M&A, contract wins and launches involving 950 industrial goods and manufacturing companies in Karnataka, last 24 months: 24 Contracts · 16 M&A deals · 14 funding rounds · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Akkodis acquires Axiscades

Cyril Amarchand Mangaldas acted as lead global legal counsel to AXISCADES Technologies Limited (“ATL”) in connection with the transfer of its business comprising the provision of…

Engineering Services
M&AAcquisition · Announced

Akkodis India Private Limited, Akkodis UK Limited, and Akkodis Inc. acquires Axiscades

Cyril Amarchand Mangaldas acted as lead global legal counsel to AXISCADES Technologies Limited (“ATL”) in connection with the transfer of its business comprising the provision of…

Engineering Services
ContractInfrastructure

Inphase Power Technologies · client: Kada Kuppam Area Development Authority

As part of its continued growth and expansion strategy, InPhase Power Technologies Pvt. Ltd. is pleased to announce its association with the Kada Kuppam Area Development Authority to…

Industrial
M&AAcquisition · Announced

Titon holdings acquires G Pack

A synergistic acquisition announced, G Pack , which , if they match last yrs £180K pretax profit , seems a good price at £1m.

Industrials
M&AAcquisition · Announced

Akkodis acquires Axiscades

The transaction involves Akkodis acquiring 100% of AXISCADES' Engineering Services practice, with the consideration pegged at approximately US$30.63 million.

Engineering Services
M&AMerger · Announced

Jsw steel acquires Bmm Ispat

JSW Steel on Thursday said its board has approved raising up to ₹14,000 crore through a mix of non-convertible debentures, warrants and equity-linked instruments, while also clearing the…

Steel
ContractInfrastructure

Praxair india · client: Deepak Chem Tech Limited

Deepak Chem Tech Limited (DCTL) ... entered into a long‑term agreement with Praxair India ... to establish a hydrogen and carbon monoxide (HyCO) plant.

Chemical
M&AAcquisition · Announced

Moschip technologies limited acquires Vayavya labs

MosChip Technologies Limited has approved the acquisition of a 73% stake in Vayavya Labs Private Limited (VLPL) for a total consideration of ₹245.49 crore, the company said in an…

Semiconductor, automotive communication, consumer electronics
M&AAcquisition · Completed

Thermax acquires Exactspace

Thermax confirmed completion of its acquisition of a 35.83 percent stake in Exactspace Technologies Private Limited, taking its overall shareholding to 51 percent on a fully diluted basis.

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 · Announced

Thermax acquires Exactspace

Thermax Limited has entered into definitive agreements to raise its stake in Exactspace Technologies Private Limited to 51% on a fully diluted basis, converting the artificial…

ContractSupply

Mistral solutions · client: Hindustan aeronautics

Mistral Solutions, known for advanced embedded computing platforms and defence electronics, has received an order worth about ₹25 crore under Hindustan Aeronautics Limited’s LCA Mk1A…

Defense/Aerospace
Contract

Axiscades · client: Na

AXISCADES has received its first design-and-build orders from two prominent US-based organisations—one a global leader in homeland security solutions, and the other a major player in…

M&AAcquisition · Completed

Amazon acquires Rightbot Technologies

Amazon has just finalized the acquisition of Rightbot Technologies, a startup that develops truck unloading robots.

M&AAcquisition · Completed

Amazon.com Inc. acquires Rightbot Technologies

Amazon.com Inc. has acquired Rightbot Technologies Inc., which developed a robot for unstructured load handling.

ContractSupply

Delta Electronics India · client: Prostarm info systems

Delta Electronics India, a leading provider of power management and smart green solutions, today announced an agreement to supply 100 units of its ‘Make-in-India’ 1.1 MW bi-directional…

Energy Storage
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

Neurealm acquires Ignitarium

Ignitarium, a semiconductor and embedded-systems engineering company from Bangalore, has been acquired by Neurealm, a US-headquartered global engineering and technology services firm.

Semiconductor and embedded-systems engineering
ContractSupply

Cosmic pv power · client: Zetwerk Manufacturing Businesses

Solar panel manufacturer Cosmic PV Power Ltd has announced that the company has secured orders worth about INR 600 crore from Zetwerk Manufacturing Businesses for the supply of solar…

Solar Energy
FundingInvoice discounting

Zetwerk Manufacturing Businesses

Zetwerk Manufacturing Businesses Private Limited ( ₹150 crore)

Investors 25 prominent family offices
Manufacturing
Funding

Chara technologies

Chara Technologies raised $5.8 million to further its indigenous motor technology

Clean tech
FundingStrategic round

Bambrew

In July, Bengaluru-based Bambrew raised $10.3 million in a strategic round for its eco-friendly packaging solutions.

Investors Na
Eco-friendly packaging solutions
ContractSupply

AXISCADES Technologies · client: Indian army

AXISCADES Technologies said its wholly owned subsidiary, AXISCADES Aerospace & Technologies, has won an order from the Indian Army to supply man‑portable counter‑drone systems (MPCDS).

Defense
FundingUndisclosed

Indkal

Indkal , a consumer electronics brand, matched that with $20 million from Aries Opportunities Fund.

Investors Aries Opportunities Fund
Consumer electronics
ContractSupply

Insolation Green Energy Private Limited · client: Zetwerk Manufacturing Businesses

Insolation Green Energy has secured a Rs. 143.2 crore order from Zetwerk for solar modules.

Solar Energy
ContractSupply

Insolation energy · client: Zetwerk Manufacturing Businesses

The company has secured a significant sale order worth ₹143.20 crore, inclusive of GST, from Zetwerk Manufacturing Businesses Private Limited. The order is for the supply of solar…

Renewable Energy
ContractTechnology

Mistral solutions · client: CASDIC (Combat Aircraft System Development and Integration Centre)

Mistral Solutions, a subsidiary of AXISCADES has received the development contract from CASDIC (Combat Aircraft System Development and Integration Centre) for the development of 10 nos.…

Defense
Contract

KP Green Engineering · client: Delta Electronics India

Meanwhile, the company early last month signed three strategic Memoranda of Understanding (MoUs) with Delta Electronics India, a leading provider of energy and power management solutions.

Energy

Industrial goods and manufacturing companies in Karnataka, by revenue

Browse industrial goods and manufacturing companies in Karnataka 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 423 industrial goods and manufacturing companies in Karnataka 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

Manufacturing platform that connects businesses with a global network of suppliers for custom production

B2b e-commerce
₹12,980.67 crFY 2024-25
-11%2024–2025
2,342-91% 12 mo to Mar 2023LinkedIn · Jul 2026
8 yr2018
4postings · last posted Sep 2026

Provider of customized drilling fluid systems and services

Manufacturing services
₹4,290.08 crFY 2024-25
+17%2024–2025
65LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Supplier of metal injection molded products

Manufacturing services
₹3,373.97 crFY 2024-25
+16%2024–2025
1,444+3422% vs previous recordrecorded
30 yr1996
0none in 3 months

Manufacturer of factory automation offering robotics and CNCs

Industrial automation equipment
₹1,774.52 crFY 2024-25
+15%2024–2025
8,256+1% 12 mo to Mar 2021recorded Mar 2021
34 yr1992
0none in 3 months

Manufacturer of interconnect products

Manufacturing services
₹1,613.39 crFY 2022-23
Not reported
356+8% 12 mo to Aug 2024LinkedIn · Jul 2026
54 yr1972
—No postings tracked

Provider of electronics and mechanical products manufacturing services

Manufacturing services
₹1,219.70 crFY 2023-24
Not reported
700-18% 12 mo to Jul 2024recorded Jul 2024
33 yr1993
4postings · last posted Sep 2026

Outsourced product design and manufacturing firm

Manufacturing services
₹1,061.75 crFY 2022-23
Not reported
1,249+5% 12 mo to Sep 2024recorded Sep 2024
55 yr1971
—No postings tracked

Provider of product engineering, embedded, manufacturing intelligence and digitization services

Manufacturing services
₹1,051.57 crFY 2024-25
+9%2024–2025
2,065+6% 12 mo to Sep 2024LinkedIn · Jul 2026
39 yr1987
4postings · last posted Aug 2026

Manufacturer of structural metal products

Manufacturing services
₹1,013.68 crFY 2023-24
Not reported
—Not available
16 yr2010
0none in 3 months

Processor of textile and steel products

Textile machinery
₹1,000.07 crFY 2024-25
-20%2024–2025
337LinkedIn · Jul 2026
22 yr2004
0none in 3 months · last posted Apr 2026

Manufacturer of diversified manufacturing solutions built on precision engineering

Aircraft parts and sub component manufacturers
₹959.21 crFY 2024-25
-3%2024–2025
2,214-49% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Jun 2026

Manufacturer of insulated copper products with over four decades of experience in the field of manufacturing

Manufacturing services
₹917.50 crFY 2024-25
+28%2024–2025
—Not available
20 yr2006
0none in 3 months

Manufacturer of transformer radiators and related products for the electrical equipment industry

Manufacturing services
₹817.84 crFY 2022-23
Not reported
613+26% 12 mo to Jul 2024recorded Jul 2024
47 yr1979
—No postings tracked

Provider of fixture design, engineering services for automotive and construction equipment manufacturing industry

Manufacturing services
₹754.50 crFY 2021-22
Not reported
1,007+61% 12 mo to Mar 2019LinkedIn · Jul 2026
52 yr1974
0none in 3 months

Manufacturer & supplier of MS billets & TMT steel bars

Manufacturing services
₹841.16 crFY 2024-25
+35%2024–2025
34LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of inspection, simulation, and consulting services for elevator manufacturing industry

Manufacturing services
₹836.50 crFY 2024-25
+17%2024–2025
—Not available
13 yr2013
0none in 3 months

Contract manufacturer of garments

Contract manufacturers
₹818.67 crFY 2024-25
Not reported
6+61% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Contract manufacturer of tailored garments using floating canvas and fused construction

Contract manufacturers
₹701.03 crFY 2024-25
+7%2024–2025
5,082-6% 12 mo to Feb 2024recorded Feb 2024
31 yr1995
0none in 3 months

Contract manufacturer of scented candles, air & personal care, and hygiene products

Contract manufacturers
₹699.56 crFY 2024-25
+10%2024–2025
627+5% 12 mo to Sep 2024recorded Sep 2024
21 yr2005
0none in 3 months

Provider of supply chain,PCB designing, mechanical assembling, system integration, and engineering services

Manufacturing services
₹628.92 crFY 2022-23
Not reported
342+15% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Manufacturer of consumer electronics and appliances

Contract manufacturers
₹621.01 crFY 2023-24
Not reported
229+98% 12 mo to Aug 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Manufacturer of sheet metal pressed parts and sub-assemblies for the automotive industry

Manufacturing services
₹559.11 crFY 2024-25
+5%2024–2025
350LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Provider of plumbing systems, uPVC pipes, and fittings for major projects

Manufacturing services
₹512.03 crFY 2024-25
+11%2024–2025
76LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Provider of cold chain infrastructure and clean modular construction solutions

Industrial air conditioning systems
₹508.78 crFY 2024-25
+4%2024–2025
271LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Manufacturer of high quality, machined aluminium casting

Auto components
₹448.86 crFY 2024-25
Not reported
201+2% 12 mo to Aug 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months
50 of 844 companies shown here · the full list is on Radar
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Explore industrial goods and manufacturing companies in Karnataka by what you are looking for

Browse industrial products manufacturing companies in Karnataka, from automation equipment makers to contract manufacturers. Find industrial goods and manufacturing companies, packaging machinery makers and manufacturing startups in Karnataka.

9 ways to explore industrial goods and manufacturing in Karnataka

Industrial automation equipment & machinery manufacturersContract manufacturers & manufacturing servicesManufacturing technology & digital factory platformsIndustrial IoT, AI & computer vision companiesPackaging machinery & packaging companiesIndustrial robotics & safety equipment

Industrial automation equipment & machinery manufacturers

Makers of automation systems, CNC machines, valves and heavy equipment.

  1. FANUC India

    Manufacturer of factory automation offering robotics and CNCs

    Industrial automation equipment
    See in list
  2. BDK Valves

    Manufacturer of industrial flow control valves and fittings

    Manufacturing services
    Website
  3. elins Switch Boards

    Manufacturer of custom-built switchboards for diverse industries

    Industrial automation equipment
    Website
  4. Canara Hydraulics

    Manufacturer and supplier of hydraulic cylinders for material handling and rig equipment

    Industrial automation equipment
    Website
  5. Adarsha Control

    Manufacturer of electrical and automation control panels, consoles, and furniture

    Industrial automation equipment
    Website

Contract manufacturers & manufacturing services

Contract manufacturers and outsourced manufacturing service providers.

  1. Aequs

    Manufacturer of diversified manufacturing solutions built on precision engineering

    Aircraft parts and sub component manufacturers
    See in list
  2. Chamundi Die Cast

    Manufacturer of high quality, machined aluminium casting

    Auto components
    See in list
  3. Shakti Precision Components

    Manufacturer and supplier of Aluminium, Cast iron and Steel

    Manufacturing services
    See in list
  4. Wipro Kawasaki Precision Machinery

    Wipro Kawasaki Precision Machinery Pvt Ltd | A JV between Wipro Enterprises and Kawasaki Heavy Industries

    Manufacturing services
    See in list
  5. Ace Multi Axes Systems

    Innovative company manufacturing critical precision components

    Manufacturing services
    See in list

Manufacturing technology & digital factory platforms

Software and platforms for manufacturing operations and sourcing.

  1. Zetwerk

    Manufacturing platform that connects businesses with a global network of suppliers for custom production

    B2b e-commerce
    See in list
  2. YantraLive

    B2B digital platform offering a comprehensive solution for heavy equipment ownership

    Manufacturing tech
    Website
  3. Sevenloop

    Provider of AI-enabled custom metal manufacturing and sourcing platform

    Manufacturing tech
    Website
  4. Dashnode

    Developer of software for CNC costing and manufacturing estimating processes

    Manufacturing tech
    Website
  5. Vayavya Labs

    Productivity tools for Embedded System Developers and IC design engineers

    Electronic design automation tools
    Website

Industrial IoT, AI & computer vision companies

IoT platforms, computer vision and AI for factories.

  1. TAAL Tech

    Provider of IoT development and engineering consulting services

    Iot services
    See in list
  2. GND Solutions

    Provider of end-to-end engineering and IT services for IoT solutions

    Iot applications
    Website
  3. Tismo

    Provider of IoT, software & mobile application development and data analytics services

    Iot services
    Website
  4. Zentron Labs

    Provider of computer vision-based visual inspection systems

    Computer vision
    Website
  5. SensoVision

    Vision-based quality inspection solution

    Manufacturing tech
    Website

Packaging machinery & packaging companies

Packaging machine manufacturers and sustainable packaging suppliers.

  1. Shivamani Group

    Manufacturer of wrapping packaging machines

    Packaging machinery
    Website
  2. Eco 365

    Provider of sustainable water-saving and compostable packaging solutions

    Packaging tech
    Website
  3. BazaarNXT

    Online platform providing packaging solutions

    Packaging tech
    Website
  4. Indus Control & Automation

    Provider of customized weighing and packaging automation solutions, offering a range of products and services to industries such as construction, resource, and energy

    Packaging machinery
    Website
  5. Vital B2B

    B2B e commerce platform that enables SMEs to procure a diverse range of paper packaging products

    Packaging tech
    Website

Industrial robotics & safety equipment

Robot makers and industrial or fire safety equipment providers.

  1. Total Solutions Intec

    Provider of control panel for auto operation of the pumps

    Industrial safety
    Website
  2. Resguardo

    Provider of various fire safety and emergency response solutions, offering a range of products and services to ensure the well-being of people and property in high-risk environments

    Industrial safety
    Website
  3. Topaz Fire Systems

    Provider of fire safety and security solutions, including suppression, detection, and personal protection equipment

    Industrial safety
    Website
  4. Solas Fire

    Providing fire protection and security systems, serving various industries with a range of products and services

    Industrial safety
    Website
  5. DocketRun

    Developer of AIoT solutions for industrial safety, quality, and efficiency

    Manufacturing tech
    Website

Listed industrial goods & manufacturing companies in Karnataka

Publicly listed industrial and manufacturing companies.

  1. Cyient DLM

    Provider of electronics and mechanical products manufacturing services

    Manufacturing services
    See in list
  2. AXISCADES

    Provider of product engineering, embedded, manufacturing intelligence and digitization services

    Manufacturing services
    See in list
  3. Aequs

    Manufacturer of diversified manufacturing solutions built on precision engineering

    Aircraft parts and sub component manufacturers
    See in list
  4. Cranes Software International

    Provider of integrated audio-visual solutions and equipment

    Manufacturing services
    Website
  5. Avana Electrosystems

    Manufacturer of custom-built control and relay panels for various electrical applications

    Manufacturing services
    Website
13 companies in Karnataka

Industrial goods & manufacturing startups in Karnataka

Recently founded manufacturing companies.

  1. Riddhi Siddhi Metals

    Provider of stainless steel products with various finishes and designs

    Manufacturing services
    Website
  2. Sevenloop

    Provider of AI-enabled custom metal manufacturing and sourcing platform

    Manufacturing tech
    Website
  3. Plant-Tech Services

    Provider of catalyst handling, reactor maintenance, and other services

    Manufacturing services
    Website
  4. Bidso

    Manufacturer of customizable scooters, tricycles, ride-ons, prams, and walkers

    Contract manufacturers
    Website
  5. Machine Maze

    Provider of outsourced manufacturing solutions for OEMs

    Manufacturing tech
    Website
89 companies in Karnataka

Industrial goods & manufacturing companies hiring in Karnataka

Companies with open roles right now.

  1. Zetwerk

    Manufacturing platform that connects businesses with a global network of suppliers for custom production

    B2b e-commerce
    See in list
  2. Cyient DLM

    Provider of electronics and mechanical products manufacturing services

    Manufacturing services
    See in list
  3. AXISCADES

    Provider of product engineering, embedded, manufacturing intelligence and digitization services

    Manufacturing services
    See in list
  4. Janki Corp

    Processor of textile and steel products

    Textile machinery
    See in list
  5. Aequs

    Manufacturer of diversified manufacturing solutions built on precision engineering

    Aircraft parts and sub component manufacturers
    See in list
31 companies in Karnataka
Mobile reach

Top 10 industrial goods and manufacturing apps from Karnataka

The most-installed Android apps published by industrial goods and manufacturing companies headquartered in Karnataka — 75K installs between them. 27 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

YantraLive

by YantraLive

Installs27K
Rating—
Last updatedMay 2026
View on Google Play ↗
YantraLive screenshot 1YantraLive screenshot 2YantraLive screenshot 3YantraLive screenshot 4YantraLive screenshot 5YantraLive screenshot 6
3

Datoms

by DATOMS

Installs5K
Rating—
Last updatedMay 2026
View on Google Play ↗
Datoms screenshot 1Datoms screenshot 2Datoms screenshot 3Datoms screenshot 4Datoms screenshot 5Datoms screenshot 6
6

Unifize

by Unifize

Installs1K
Rating—
Last updatedAug 2025
View on Google Play ↗
Unifize screenshot 1Unifize screenshot 2Unifize screenshot 3Unifize screenshot 4Unifize screenshot 5Unifize screenshot 6
8

CrunchIoT - Industrial IoT App

by Chipster

Installs824
Rating—
Last updatedMay 2026
View on Google Play ↗
CrunchIoT - Industrial IoT App screenshot 1CrunchIoT - Industrial IoT App screenshot 2CrunchIoT - Industrial IoT App screenshot 3CrunchIoT - Industrial IoT App screenshot 4
The business behind the activity

Industrial goods and manufacturing financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 385 industrial goods and manufacturing companies in Karnataka for FY24-25 — 438 of the 844 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 38% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹54,035.46 cr

385 companies filing accounts

combined net profit₹3,017.78 cr

5.6% aggregate margin

are profitable76%

292 of 385 companies

median revenue~₹14.2 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five38%

revenue concentration

Six-year view

Combined revenue of filing companies

₹17,875.88 crFY19-20318 filers
₹17,924.55 crFY20-21349 filers
₹25,662.63 crFY21-22373 filers
₹36,553.36 crFY22-23380 filers
₹53,472.48 crFY23-24389 filers
₹54,035.46 crFY24-25385 filers

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

Like-for-like

The same 347 companies over three years

+30%
FY22-23₹34,507.80 cr₹2,459.74 cr net
FY23-24₹39,456.99 cr₹2,711.08 cr net
FY24-25₹44,804.55 cr₹3,176.44 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 cr5336% profitable
₹1–10 cr11769% profitable
₹10–100 cr13686% profitable
₹100–1,000 cr6996% profitable
Over ₹1,000 cr1090% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking103
0–20%121
20–50%78
50–100%30
Doubled+33

365 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

292profitable
92loss-making
5.6%aggregate margin
2.8%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
Hemaadri Elex SystemsHEMAADRI ELEX SYSTEMS PRIVATE LIMITED+224%₹13.51 cr
M2nxtM2NXT SOLUTIONS PRIVATE LIMITED+184%₹57.04 cr
Ethereal MachinesETHEREAL MACHINES PRIVATE LIMITED+165%₹16.93 cr
Accutech EnterprisesACCUTECH AGRO PRIVATE LIMITED+119%₹29.02 cr
Finpower Aircon SystemsFINPOWER AIRCON SYSTEMS PRIVATE LIMITED+110%₹25.08 cr
Sinar Sheetmetal SolutionsSINAR SHEETMETAL SOLUTIONS PRIVATE LIMITED+108%₹25.28 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Orbit ElectricalsORBIT ELECTRICALS PRIVATE LIMITED61.5%₹109.10 cr
SDTORKSDTORK CONTROLS PRIVATE LIMITED33.2%₹37.14 cr
KFELKHIMJI FLOW EQUIPMENTS PRIVATE LIMITED24.6%₹20.23 cr
Eco 365ECO 365 PRIVATE LIMITED24.5%₹52.09 cr
Aero TreatmentsAERO TREATMENTS PRIVATE LIMITED22.3%
Orione HydraulicsORIONE HYDRAULICS PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services198₹32,430.68 cr~₹36.9 cr86%7.0%
Industrial automation equipment44₹5,956.92 cr~₹24.5 cr91%12.2%
Contract manufacturers21₹2,738.31 cr~₹28.3 cr71%3.4%
Manufacturing tech48₹402.92 cr~₹3.6 cr47%-26.7%
Industrial safety5₹171.32 cr~₹24.8 cr40%1.7%
Packaging tech11₹119.93 cr~₹6.4 cr27%-4.4%
Packaging machinery5₹37.23 cr~₹7.2 cr60%-1.8%
Iot applications5₹29.90 cr~₹98 lakh40%-2.6%
Leaders

Largest industrial goods and manufacturing companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
ZetwerkZETWERK MANUFACTURING BUSINESSES LIMITED₹8,717.22 cr−₹82.67 cr-0.9%-26%
CigfilCigfil Ltd₹4,290.08 cr₹4.32 cr0.1%+17%
INDO-MIMIndo-mim Limited₹2,833.85 cr₹403.52 cr14.2%+16%
AmphenolAMPHENOL INTERCONNECT INDIA PRIVATE LIMITED₹2,409.35 cr₹475.04 cr19.7%+27%
Ace Micromatic GroupACE DESIGNERS LIMITED
FANUC IndiaFANUC INDIA PRIVATE LIMITED₹1,774.52 cr₹342.89 cr19.3%+15%
Nash Tech LabsNASH INDUSTRIES (I) PRIVATE LIMITED₹1,609.67 cr₹136.60 cr8.5%+37%
Cyient DLMCyient Dlm Limited₹1,372.83 cr₹76.70 cr5.6%+13%
TTPTTP TECHNOLOGIES PRIVATE LIMITED₹1,151.16 cr₹179.81 cr15.6%+34%
Janki CorpJANKI CORP LIMITED₹1,000.07 cr₹69.90 cr7.0%-20%
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

Industrial Goods and Manufacturing Landscape of India

The financials above are one chapter. The full industrial goods and manufacturing landscape of Karnataka 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 industrial goods and manufacturing landscape of Karnataka
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

Industrial goods and manufacturing funding and M&A across India

587 recorded equity rounds have gone to 8,956 industrial goods and manufacturing companies in India — how much, at which stage, into which sub-sectors, from whom, and how Karnataka compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months30

US$345.85m

equity rounds, last 24 months84

US$934.83m

raised over five yearsUS$2.73bn

334 rounds in India

M&A deals, Karnataka16

last 24 months

Capital by year

Equity funding into industrial goods and manufacturing in India

amount rounds
$22m201831
$82m201944
$52m202041
$740m202176
$381m202271
$360m202354
$396m202460
$543m202550
$308m202623

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$739.80m across 76 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$8.88m40 rounds · median US$92k
SeedUS$172.87m180 rounds · median US$596k
Series AUS$478.02m67 rounds · median US$4.90m
Series BUS$446.35m21 rounds · median US$20.84m
Series CUS$331.47m7 rounds · median US$40.00m
Series D+US$1.07bn12 rounds · median US$100.00m
Private equityUS$221.90m7 rounds · median US$33.17m
Where the money went · five years

Most-funded sub-sectors

B2b e-commerceUS$946.33m20 rounds · 6 companies
Contract manufacturersUS$498.58m38 rounds · 21 companies
Manufacturing servicesUS$407.20m27 rounds · 18 companies
Manufacturing techUS$285.53m113 rounds · 52 companies
Electronic manufacturing servicesUS$132.84m3 rounds · 2 companies
Aircraft parts and sub component manufacturersUS$97.61m4 rounds · 2 companies
Business intelligenceUS$58.00m2 rounds · 1 companies
Corporate activity · last 24 months

M&A in Karnataka

15Acquisition
1Merger

Most active acquirers

  1. Akkodis2
  2. Thermax2
  3. Cyient dlm2
  4. Akkodis India Private Limited, Akkodis UK Limited, and Akkodis Inc.1
  5. Titon holdings1

Most acquired or merged

  1. Axiscades3
  2. Exactspace2
  3. Rightbot Technologies2
  4. Altek electronics2
  5. G Pack1

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

Go deeper in the industrial goods and manufacturing landscape reports:

Industrial Goods and Manufacturing Landscape of India

Industrial goods and manufacturing funding in Karnataka

53 industrial goods and manufacturing companies in Karnataka have recorded equity funding, US$1.38bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind industrial goods and manufacturing companies in Karnataka. 358 of 844 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka industrial goods and manufacturing companies by sub-sector

The most common specialisations among industrial goods and manufacturing companies in Karnataka. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring industrial goods and manufacturing in India and nearby markets.

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