Company lists
The Ludhiana edition · 2026

Industrial goods and manufacturingcompanies in Ludhiana

Steel & metal, textiles, automation, consumer goods, listed and more: the companies building industrial goods and manufacturing in Ludhiana, with their founders, funding, team size and business models.

64 company profiles38 with reported revenue0 with recorded fundingOctober 2026 edition
Ludhiana · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent industrial goods and manufacturing business events in India

Funding, M&A, contract wins and launches involving 8,956 industrial goods and manufacturing companies in India, last 24 months: 311 Contracts · 179 M&A deals · 73 funding rounds · 40 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

John Cockerill India · client: JSW Vijayanagar Metallics

John Cockerill India, along with its wholly owned subsidiary -- John Cockerill Metal International SA (JCMI), has secured a contract from JSW Vijayanagar Metallics. The contract involves…

Metallics
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
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
LaunchChassis seal

Parker hannifin

Parker Hannifin's Chomerics division has launched a new chassis seal designed to support advanced cooling and reliability requirements in defence and aerospace electronics.

Defence and aerospace electronics
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
ContractSupply

Texmaco rail & engineering · client: Vedanta aluminium

India's Vedanta Aluminium Metal Limited has awarded Texmaco Rail & Engineering a Rs286m contract to supply a rake of bogie wagons for the transport of alumina, along with a brake van.

Rail
M&AAcquisition · Completed

Cyient acquires Tao Digital

While engineering service provider Cyient bought Tao Digital for $218 million last week

Engineering service provider
M&AAcquisition · Announced

Cyient acquires Tao Digital Solutions Inc. (Tao Digital)

Cyient has entered into a definitive agreement to acquire entire stake in Tao Digital Solutions Inc. (Tao Digital), a global digital engineering firm focused on data, product, and AI-led…

Digital Engineering
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

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&AAcquisition · Announced

Parker hannifin acquires Circor international

Parker Hannifin Corporation entered into a definitive agreement to purchase the Commercial and Defense Aerospace business of CIRCOR International, Inc. for $2.55 billion in cash.

Aerospace and defense
M&AAcquisition · Announced

Parker-Hannifin Corp. acquires Circor international

Parker-Hannifin Corp. (PH) Thursday announced an agreement to acquire the commercial and defense aerospace of Circor International, Inc. for $2.55 billion.

Commercial and defense aerospace
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
M&AAcquisition · Completed

Krishna defence & allied industries acquires Taharabadkar Solutions Pvt Ltd

KDAIL has completed the acquisition of a 46.81% stake in Taharabadkar Solutions Pvt Ltd (TSPL), a defence-focused startup incorporated on 11th March 2025. The acquisition was completed…

Defence – Smart Weapons & Guided Ammunition Systems
M&AMerger · Completed

Mascot dynamics acquires Amrut Energy Private Limited

Amrut Energy Private Limited, a leading manufacturer of solar-powered water pumping systems, today announced its merger into Mascot Dynamics Private Limited, a diversified engineering…

Solar-powered water pumping systems
M&AAcquisition · Completed

Donaldson company acquires Facet filtration

Donaldson Company has completed its previously announced acquisition of Facet Filtration strengthening its position in technology-led filtration products and solutions.

Filtration
ContractSupply

Hpl electric & power · client: GMR Triveni Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
ContractSupply

Hpl electric & power · client: GMR Kashi Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
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 · Completed

Jsw one acquires Buildnext

JSW One Platforms Limited, the e-commerce arm of the $24 billion JSW Group, has concluded the acquisition of tech-enabled construction startup BuildNext.

Tech-enabled construction
M&AAcquisition · Announced

JSW One Platforms acquires BuildNext Construction Solutions

IPO-bound B2B marketplace JSW One Platforms has acquired Pidilite Ventures-backed proptech startup BuildNext Construction Solutions as it looks to expand its presence in India's…

Proptech
FundingMinority investment

Algo8

Chemelex has announced a minority investment in Algo8 to accelerate the adoption of artificial intelligence in manufacturing processes.

Investors Chemelex
Artificial intelligence, data analytics, and digital transformation solutions for enterprises
FundingPreferential issue of convertible warrants

Steel exchange india

Steel Exchange India Limited has received an aggregate amount of ₹75 Crore from M/s India Coke and Power Private Limited and M/s IMR Steel Private Limited towards subscription of…

Investors M/s India Coke and Power Private Limited, M/s IMR Steel Private Limited
Steel manufacturing
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.

FundingSeed

Intellithink

Intellithink Advanced Hardware & Technology Internet Of Things (IoT) & Hardware B2B $1.8 Mn Seed Pentathlon Ventures, Anicut Capital, Veltis Capital Pentathlon Ventures

Advanced Hardware & Technology
ContractSupply

Elgi equipments · client: Two steel plants

Elgi Equipments Ltd has secured orders from two steel plants for supply of centrifugal air compressors valued at Rs 3.2 crore

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

Industrial goods and manufacturing companies in Ludhiana, by revenue

Browse industrial goods and manufacturing companies in Ludhiana by reported revenue, one-year revenue growth, revenue model, age and stage. The 38 companies below are the largest by their most recent reported revenue among 38 industrial goods and manufacturing companies in Ludhiana 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 38

Manufacturer and retailer of yarns, fabrics and garments

Contract manufacturers
₹2,551.02 crFY 2024-25
+6%2024–2025
445LinkedIn · Oct 2026
37 yr1989
0none in 3 months

Contract manufacturer of thread, garment, and fabrics

Contract manufacturers
₹1,755.95 crFY 2024-25
+9%2024–2025
312-15% 12 mo to Sep 2024LinkedIn · Oct 2026
27 yr1999
0none in 3 months

Leading manufacturer of TMT bars

Manufacturing services
₹1,307.89 crFY 2023-24
+3%2023–2024
—Not available
16 yr2010
0none in 3 months

Manufacturer of steel products using advanced filtration systems

Manufacturing services
₹860.88 crFY 2024-25
-3%2024–2025
87+480% 12 mo to Sep 2024recorded Sep 2024
30 yr1996
0none in 3 months

Manufacturer of BOPP and specialty films for flexible packaging. It produces biaxially oriented polypropylene films (BOPP), metallized films, and films with barrier properties. These films are used in various packaging applications, including food and beverage packaging. The company also offers value-added services such as metallization and in-line coating. Its manufacturing processes incorporate environmentally conscious practices.

Contract manufacturers
₹610.63 crFY 2023-24
Not reported
25+0% 12 mo to Sep 2024LinkedIn · Oct 2026
38 yr1988
0none in 3 months

Manufacturer and supplier of steel ingots, rectangular & rolled steel bars

Manufacturing services
₹416.95 crFY 2024-25
-10%2024–2025
—Not available
27 yr1999
0none in 3 months

Provider of hand operated tools manufacturing services

Manufacturing services
₹356.96 crFY 2024-25
+5%2024–2025
46LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Manufacturer of ERW tubes for various industrial applications

Manufacturing services
₹333.28 crFY 2024-25
+16%2024–2025
16LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Manufacturer and supplier of steel products

Manufacturing services
₹250.28 crFY 2024-25
+10%2024–2025
4LinkedIn · Jul 2026
39 yr1987
0none in 3 months · last posted May 2026

Skyway Steel Industries

Manufacturing services
₹240.15 crFY 2024-25
+2%2024–2025
—Not available
21 yr2005
0none in 3 months

Provider of industrial trading solutions and products

Manufacturing services
₹233.53 crFY 2024-25
+27%2024–2025
8LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Manufacturer of power tools, sockets, socket sets, and wrenches

Manufacturing services
₹225.71 crFY 2023-24
-2%2023–2024
—Not available
37 yr1989
0none in 3 months

Manufacturer and exporter of agricultural machinery

Manufacturing services
₹223.97 crFY 2024-25
+10%2024–2025
2LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Manufacturer of aluminium profiles

Manufacturing services
₹222.12 crFY 2024-25
+3%2024–2025
20LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of high tensile precision fasteners

Manufacturing services
₹217.06 crFY 2024-25
+5%2024–2025
82LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Provider of automotive component manufacturing company

Manufacturing services
₹196.90 crFY 2024-25
+12%2024–2025
67LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Mar 2026

Manufacturer of shoring systems and scaffolding supplies

Manufacturing services
₹175.38 crFY 2024-25
+14%2024–2025
1LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Manufacturer and exporter of hosiery goods

Manufacturing services
₹147.36 crFY 2024-25
-2%2024–2025
—Not available
33 yr1993
0none in 3 months

Manufacturer of steel round bars, hex bars, and rectangular bars

Manufacturing services
₹125.36 crFY 2024-25
+13%2024–2025
—Not available
33 yr1993
0none in 3 months

Manufacturer of hand tools and kits

Manufacturing services
₹112.17 crFY 2024-25
+9%2024–2025
17LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Manufacturer of hot and cold forged fasteners

Manufacturing services
₹84.41 crFY 2024-25
+0%2024–2025
—Not available
26 yr2000
0none in 3 months

Manufacturer of computerized numerical control turning and milling machines

Manufacturing services
₹76.37 crFY 2024-25
+152%2024–2025
86LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Scaffoldings manufacturer specializing in scaffolding and formwork products

Manufacturing services
₹64.21 crFY 2024-25
+12%2024–2025
252+60% 12 mo to Sep 2024recorded Sep 2024
32 yr1994
0none in 3 months

Manufacturer and exporter of hand tools including spanners, wrenches, pliers, pincers, and more

Manufacturing services
₹57.27 crFY 2024-25
-6%2024–2025
—Not available
26 yr2000
0none in 3 months

Steel drop forged company specializing in gear components

Manufacturing services
₹47.70 crFY 2024-25
+0%2024–2025
27LinkedIn · Jul 2026
24 yr2002
0none in 3 months
38 of 64 companies shown here · the full list is on Radar
Fliar Radar

Explore all 64 industrial goods and manufacturing companies in Ludhiana on Radar

This page shows the top 38. Radar has the complete, filterable list with contacts and live company signals.

Open industrial goods and manufacturing in Ludhiana on Radar
  • Every company, not just 50All 64 industrial goods and manufacturing companies in Ludhiana, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore industrial goods and manufacturing companies in Ludhiana by what you are looking for

Browse industrial goods manufacturers in Ludhiana, from steel and tools to textiles and garments. See top industrial goods and manufacturing companies in Ludhiana, listed firms and those that are hiring.

7 ways to explore industrial goods and manufacturing in Ludhiana

Steel, tools & metal product manufacturersTextile, yarn & garment manufacturersIndustrial automation & machineryConsumer goods, FMCG & packagingListed industrial goods companies in LudhianaIndustrial goods startups in Ludhiana

Steel, tools & metal product manufacturers

Makers of steel bars, tubes, strips and hand tools.

  1. Renny Strips

    Manufacturer of steel products using advanced filtration systems

    Manufacturing services
    See in list
  2. Sharu Industries

    Manufacturer and supplier of steel ingots, rectangular & rolled steel bars

    Manufacturing services
    See in list
  3. Osho Tools

    Provider of hand operated tools manufacturing services

    Manufacturing services
    See in list
  4. Jai Bhole Steel Tubes

    Manufacturer of ERW tubes for various industrial applications

    Manufacturing services
    See in list
  5. Skyway Steel

    Skyway Steel Industries

    Manufacturing services
    See in list

Textile, yarn & garment manufacturers

Contract and own-brand makers of yarn, fabric and garments.

  1. Sportking

    Manufacturer and retailer of yarns, fabrics and garments

    Contract manufacturers
    See in list
  2. Garg Acrylics

    Contract manufacturer of thread, garment, and fabrics

    Contract manufacturers
    See in list
  3. Nahar PolyFilms

    Manufacturer of BOPP and specialty films for flexible packaging. It produces biaxially oriented polypropylene films (BOPP), metallized films, and films with barrier properties. These films are used in various packaging applications, including food and beverage packaging. The company also offers value-added services such as metallization and in-line coating. Its manufacturing processes incorporate environmentally conscious practices.

    Contract manufacturers
    See in list
  4. GLEAMING APPARELS

    Garment manufacturing company that produces apparel products

    Contract manufacturers
    See in list
  5. Superfine Knitters

    Contract manufacturer of fabric and garments

    Contract manufacturers
    See in list

Industrial automation & machinery

Automation equipment, bearings and control panel manufacturers.

  1. Pabla Bearings

    Manufacturer and exporter of bearings

    Industrial automation equipment
    See in list
  2. Automation Systems

    Manufacturer of diversified industrial automation equipment

    Industrial automation equipment
    Website
  3. Panel Indus

    Designs and manufactures industrial electronic control panel

    Industrial automation equipment
    Website
  4. Maharaja Engg Tools

    Online distributor of industrial tools & equipment

    Manufacturing tech
    Website
  5. Avinash Fire

    Manufacturer and supplier of fire fighting equipment, including fire extinguishers and fire sprinkler systems

    Industrial safety
    See in list

Consumer goods, FMCG & packaging

Conglomerates, packaging and consumer products makers.

  1. Nahar PolyFilms

    Manufacturer of BOPP and specialty films for flexible packaging. It produces biaxially oriented polypropylene films (BOPP), metallized films, and films with barrier properties. These films are used in various packaging applications, including food and beverage packaging. The company also offers value-added services such as metallization and in-line coating. Its manufacturing processes incorporate environmentally conscious practices.

    Contract manufacturers
    See in list
  2. Ektek Biocare

    Contract manufacturer of cosmeceutical products for skin, oral, hair, baby, and pet care

    Contract manufacturers
    Website
  3. LUDHIANA SPARE CENTRE

    Online retailer offering multi-category home appliances

    Manufacturing services
    Website
  4. Little Bee Impex

    Contract manufacturer of natural cosmetics

    Contract manufacturers
    Website
  5. Ganesh Expotrade

    Manufacturer of shoring systems and scaffolding supplies

    Manufacturing services
    See in list

Listed industrial goods companies in Ludhiana

Publicly listed manufacturers based in Ludhiana.

  1. Sportking

    Manufacturer and retailer of yarns, fabrics and garments

    Contract manufacturers
    See in list
  2. Garg Acrylics

    Contract manufacturer of thread, garment, and fabrics

    Contract manufacturers
    See in list
  3. Superfine Knitters

    Contract manufacturer of fabric and garments

    Contract manufacturers
    See in list
3 companies in Ludhiana

Industrial goods startups in Ludhiana

Recently founded manufacturing companies.

  1. GLEAMING APPARELS

    Garment manufacturing company that produces apparel products

    Contract manufacturers
    See in list
  2. Ektek Biocare

    Contract manufacturer of cosmeceutical products for skin, oral, hair, baby, and pet care

    Contract manufacturers
    Website
  3. Elmico Power Tools

    Manufacturer of a wide range of power tools, including woodworking routers, wood cutters, blower, drill machines, electric routers, and sprayer blowers

    Manufacturing services
    Website
  4. Ram Foundry

    Manufacturer of metal casting products

    Manufacturing services
    Website
4 companies in Ludhiana

Industrial goods companies hiring in Ludhiana

Manufacturers with open roles right now.

  1. Sharu Steels

    Manufacturer and supplier of steel products

    Manufacturing services
    See in list
  2. KNL Driveline

    Provider of automotive component manufacturing company

    Manufacturing services
    See in list
  3. Pabla Bearings

    Manufacturer and exporter of bearings

    Industrial automation equipment
    See in list
3 companies in Ludhiana
The business behind the activity

Industrial goods and manufacturing financials in Ludhiana

Revenue, profit and growth from the filed annual accounts of 36 industrial goods and manufacturing companies in Ludhiana for FY24-25 — 39 of the 64 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 62% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹9,822.82 cr

36 companies filing accounts

combined net profit₹256.69 cr

2.6% aggregate margin

are profitable94%

34 of 36 companies

median revenue~₹118.8 cr

the typical company

median revenue growth+5%

into FY24-25

earned by the top five62%

revenue concentration

Six-year view

Combined revenue of filing companies

₹6,894.91 crFY19-2036 filers
₹6,751.15 crFY20-2136 filers
₹10,498.93 crFY21-2239 filers
₹10,666.43 crFY22-2338 filers
₹10,882.78 crFY23-2439 filers
₹9,822.82 crFY24-2536 filers

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

Like-for-like

The same 35 companies over three years

+7%
FY22-23₹9,141.44 cr₹257.84 cr net
FY23-24₹9,293.06 cr₹100.68 cr net
FY24-25₹9,788.00 cr₹258.45 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 cr10% profitable
₹1–10 cr2100% profitable
₹10–100 cr1493% profitable
₹100–1,000 cr17100% profitable
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking11
0–20%18
20–50%5
50–100%1
Doubled+1

36 companies with accounts for both years; median growth +5%.

Profitability

Profit is concentrated at the top

34profitable
2loss-making
2.6%aggregate margin
1.9%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
GLEAMING APPARELSGLEAMING APPARELS LIMITED
ForgixFORGIX PRIVATE LIMITED
ATUL GLOBALATUL GLOBAL PRIVATE LIMITED
Raghav MetalsRAGHAV METALS PRIVATE LIMITED+32%₹20.14 cr
Namdhari Industrial TradersNAMDHARI INDUSTRIAL TRADERS PRIVATE LIMITED+27%₹233.53 cr
S.K. Knit FabS.K. KNITFAB PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
GLEAMING APPARELSGLEAMING APPARELS LIMITED
Pabla BearingsPABLA BEARINGS LIMITED
Sangeeta ToolsSANGEETA TOOLS PRIVATE LIMITED
Davinder Sandhu ImpexDAVINDER SANDHU IMPEX PRIVATE LIMITED4.9%₹147.36 cr
Vardhman PolytexVARDHMAN POLYTEX LTD₹311.07 cr
ArisudanaARISUDANA INDUSTRIES LIMITED4.5%₹528.21 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services25₹5,013.91 cr~₹175.4 cr96%2.0%
Contract manufacturers8₹4,467.42 cr~₹34.7 cr88%3.1%
Leaders

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

Company · legal entityRevenueNet resultMarginGrowth
SportkingSPORTKING INDIA LIMITED₹2,551.02 cr₹109.25 cr4.3%+6%
Garg AcrylicsGARG ACRYLICS LIMITED₹1,755.95 cr₹21.40 cr1.2%+9%
Renny StripsRENNY STRIPS LIMITED₹860.88 cr₹19.46 cr2.3%-3%
ArisudanaARISUDANA INDUSTRIES LIMITED₹528.21 cr₹23.98 cr4.5%+18%
Sharu IndustriesSHARU INDUSTRIES PRIVATE LIMITED₹416.95 cr₹2.22 cr0.5%-10%
Osho ToolsOSHO TOOLS PRIVATE LIMITED₹356.96 cr₹11.35 cr3.2%+5%
Jai Bhole Steel TubesJAI BHOLE STEEL TUBES PRIVATE LIMITED₹333.28 cr₹3.02 cr0.9%+16%
Vardhman PolytexVARDHMAN POLYTEX LTD₹311.07 cr-22%
Sharu SteelsSHARU STEELS PRIVATE LIMITED₹250.28 cr₹3.40 cr1.4%+10%
Skyway SteelSTEELTECH ALLOYS PRIVATE LIMITED₹240.15 cr₹1.15 cr0.5%+2%
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 Ludhiana 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 Ludhiana
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 Ludhiana compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months27

US$314.73m

equity rounds, last 24 months82

US$932.07m

raised over five yearsUS$2.73bn

334 rounds in India

M&A deals, India179

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 India

171Acquisition
6Merger
1Takeover

Most active acquirers

  1. Parker hannifin8
  2. Cyient7
  3. Amber enterprises india7
  4. Circor international7
  5. Dixon technologies7

Most acquired or merged

  1. Axiscades3
  2. Gupta Power Infrastructure3
  3. A-1 sureja industries3
  4. Shaily engineering plastics3
  5. Altek electronics3

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

Founders and momentum in Ludhiana

Meet the people behind industrial goods and manufacturing companies in Ludhiana. 21 of 64 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Ludhiana industrial goods and manufacturing companies by sub-sector

The most common specialisations among industrial goods and manufacturing companies in Ludhiana. 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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