Company lists
The Punjab edition · 2026

Industrial goods and manufacturingcompanies in Punjab

Automation & machinery, contract manufacturing, steel & metal, industrial safety, packaging and more: the companies building industrial goods and manufacturing in Punjab, with their founders, funding, team size and business models.

217 company profiles78 with reported revenue1 with recorded fundingOctober 2026 edition

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 · 181 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 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
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
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 · Announced

Cyient acquires TAO Digital Solutions

Cyient's, $218 million acquisition of TAO Digital is more than a traditional technology services deal.

AI-native data and product engineering
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

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 Punjab, by revenue

Browse industrial goods and manufacturing companies in Punjab 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 78 industrial goods and manufacturing companies in Punjab 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

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

Develops, manufactures and supplies electronic equipment for multiple industries

Manufacturing services
₹1,531.20 crFY 2024-25
-12%2024–2025
2+5% 12 mo to Sep 2024LinkedIn · Oct 2026
42 yr1984
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

Provider of metal manufacturing services

Manufacturing services
₹666.83 crFY 2024-25
+16%2024–2025
50+7% 12 mo to Sep 2024LinkedIn · Oct 2026
29 yr1997
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 of boilers

Manufacturing services
₹551.60 crFY 2024-25
-15%2024–2025
49LinkedIn · Oct 2026
27 yr1999
0none in 3 months

Manufacturer of process equipment and turnkey solutions for various industries

Industrial air conditioning systems
₹461.83 crFY 2024-25
-16%2024–2025
389recorded
34 yr1992
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 of hardware and fencing products

Manufacturing services
₹322.73 crFY 2024-25
+8%2024–2025
—Not available
31 yr1995
0none in 3 months

Manufacturer, supplier, and exporter of MS Billets, HR Coil, and ERW Pipes

Manufacturing services
₹302.29 crFY 2024-25
+14%2024–2025
—Not available
36 yr1990
0none in 3 months

Manufacturer of electrical stampings & motors, and aluminum pressure die castings

Manufacturing services
₹297.74 crFY 2024-25
-5%2024–2025
139LinkedIn · Jul 2026
39 yr1987
0none in 3 months

Supplier of ferroalloys, cement, salt, metal scrap, and industrial chemicals

Materials distributors
₹248.79 crFY 2022-23
Not reported
—Not available
78 yr1948
—No postings tracked

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

Load cell manufacturer

Manufacturing services
₹244.71 crFY 2024-25
+1%2024–2025
154LinkedIn · Jul 2026
34 yr1992
0none in 3 months

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 grommet band / heddle belts

Manufacturing services
₹228.03 crFY 2024-25
+11%2024–2025
54LinkedIn · Jul 2026
30 yr1996
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 highconveyor belts, offering solutions for material handling and conveying applications

Manufacturing services
₹217.93 crFY 2024-25
+352%2024–2025
18LinkedIn · Jul 2026
14 yr2012
0none in 3 months
50 of 217 companies shown here · the full list is on Radar
Fliar Radar

Explore all 217 industrial goods and manufacturing companies in Punjab on Radar

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

Open industrial goods and manufacturing in Punjab on Radar
  • Every company, not just 50All 217 industrial goods and manufacturing companies in Punjab, 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 Punjab by what you are looking for

Find industrial goods manufacturers and industrial product manufacturing companies in Punjab, from valves and automation equipment to safety gear and packaging machines. Browse industrial goods companies in India's Punjab by what they make.

9 ways to explore industrial goods and manufacturing in Punjab

Industrial automation, valves & machinery makersContract manufacturers & textile producersSteel, metal & general manufacturingIndustrial safety equipment makersPackaging machinery & packaging companiesManufacturing software & IoT solutions

Industrial automation, valves & machinery makers

Makers of valves, hydraulics, bearings and automation equipment.

  1. Atam Valves

    Designs and manufactures industrial valves, fittings, and boiler mountings

    Industrial automation equipment
    Website
  2. Perfect Valves

    Manufacturer of industrial valves

    Industrial automation equipment
    Website
  3. Pabla Bearings

    Manufacturer and exporter of bearings

    Industrial automation equipment
    Website
  4. Aar Gee Automation and Control

    Manufacturer of diversified automation equipment

    Industrial automation equipment
    Website
  5. rbh solutions

    RBH Solutions is a software development and consulting firm specializing in the automation and control business.

    Industry 4.0
    Website

Contract manufacturers & textile producers

Contract manufacturers of garments, fabrics, yarn and films.

  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. Bajaj Processors

    Contract manufacturer of fabric processing and printing

    Contract manufacturers
    See in list
  5. Status Contract

    Contract based manufacturer of rugs and carpets

    Contract manufacturers
    See in list

Steel, metal & general manufacturing

Manufacturers of steel, metal products, boilers and components.

  1. Satia Industries

    Develops, manufactures and supplies electronic equipment for multiple industries

    Manufacturing services
    See in list
  2. Renny Strips

    Manufacturer of steel products using advanced filtration systems

    Manufacturing services
    See in list
  3. Hansa Metallics

    Provider of metal manufacturing services

    Manufacturing services
    See in list
  4. Sharu Industries

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

    Manufacturing services
    See in list
  5. Jai Bhole Steel Tubes

    Manufacturer of ERW tubes for various industrial applications

    Manufacturing services
    See in list

Industrial safety equipment makers

Manufacturers of safety gloves, fire safety and protective gear.

  1. Avinash Fire

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

    Industrial safety
    Website
  2. Suntex

    Manufacturer of safety gloves

    Industrial safety
    Website
  3. V Puri & Associates

    Manufacturer, trader, importer, and exporter of safety and welding equipment

    Industrial safety
    Website
  4. Saikan International

    Manufacturer and exporter of bench vices, tool pouches, and hand tools, catering to the needs of professionals in various industries

    Industrial safety
    Website
  5. Ocean Gloves

    Provider of personal safety equipments

    Industrial safety
    Website

Packaging machinery & packaging companies

Packaging machines, boxes and sustainable packaging makers.

  1. Endurance Solutions

    Manufacturer of corrugated box making, testing, print finishing, strapping, and other packaging machines

    Packaging machinery
    Website
  2. Khosla Machines

    Manufacturer of flow wrapping machines

    Packaging machinery
    Website
  3. al aziz

    AL Azizis a manufacturer of packaging products from paper.

    Packaging tech
    Website
  4. Alten Engineerings

    Manufacturer of filling machines

    Packaging machinery
    Website
  5. sublimepackaging.com

    Sublime Packaging creates product packaging that is noticable and long lasting for companies.

    Packaging tech
    Website

Manufacturing software & IoT solutions

Analytics, IoT and software for factories.

  1. Unitary

    Analytics platform for industries for equipment performance management

    Manufacturing tech
    Website
  2. rbh solutions

    RBH Solutions is a software development and consulting firm specializing in the automation and control business.

    Industry 4.0
    Website
  3. WiMetrix

    Data intelligence solutions for manufacturing industries

    Manufacturing tech
    Website
  4. Smart Factory

    Provider of a cloud-based IoT platform for manufacturing applications

    Manufacturing tech
    Website
  5. Casting Simulation Software

    Casting simulation software

    Manufacturing tech
    Website

Listed industrial goods companies in Punjab

Publicly listed manufacturing companies.

  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. Satia Industries

    Develops, manufactures and supplies electronic equipment for multiple industries

    Manufacturing services
    See in list
  4. Samrat Forgings

    Samrat Forgings supplies automotive and non-automotive forged and machined products.

    Manufacturing services
    See in list
  5. Atam Valves

    Designs and manufactures industrial valves, fittings, and boiler mountings

    Industrial automation equipment
    Website
6 companies in Punjab

Industrial goods startups in Punjab

Newer manufacturing companies founded recently.

  1. GLEAMING APPARELS

    Garment manufacturing company that produces apparel products

    Contract manufacturers
    Website
  2. Magkraftndt

    magnetic particle testing equipment manufacturers, MPI products

    Manufacturing services
    Website
  3. Endurance Solutions

    Manufacturer of corrugated box making, testing, print finishing, strapping, and other packaging machines

    Packaging machinery
    Website
  4. KULVA APPLICATION ENGINEERING

    Provider of engineering solutions

    Manufacturing services
    Website
  5. Ektek Biocare

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

    Contract manufacturers
    Website
13 companies in Punjab

Industrial goods companies hiring in Punjab

Manufacturers with open roles.

  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. Varindera Tools

    Manufacturer of hand tools such as spanners, wrenches, pliers, cutters, hammers, and more

    Manufacturing services
    See in list
  4. ESGI Tools

    Tool manufacturing company specializing in precision gear cutting tools

    Manufacturing services
    See in list
  5. Pabla Bearings

    Manufacturer and exporter of bearings

    Industrial automation equipment
    Website
8 companies in Punjab
The business behind the activity

Industrial goods and manufacturing financials in Punjab

Revenue, profit and growth from the filed annual accounts of 75 industrial goods and manufacturing companies in Punjab for FY24-25 — 79 of the 217 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 42% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹17,626.54 cr

75 companies filing accounts

combined net profit₹716.68 cr

4.1% aggregate margin

are profitable96%

72 of 75 companies

median revenue~₹121.2 cr

the typical company

median revenue growth+5%

into FY24-25

earned by the top five42%

revenue concentration

Six-year view

Combined revenue of filing companies

₹10,770.70 crFY19-2071 filers
₹10,731.09 crFY20-2173 filers
₹16,612.59 crFY21-2277 filers
₹18,345.09 crFY22-2376 filers
₹18,512.18 crFY23-2478 filers
₹17,626.54 crFY24-2575 filers

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

Like-for-like

The same 72 companies over three years

+4%
FY22-23₹16,751.75 cr₹809.94 cr net
FY23-24₹16,868.89 cr₹643.93 cr net
FY24-25₹17,359.61 cr₹707.35 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 cr683% profitable
₹10–100 cr2696% profitable
₹100–1,000 cr39100% profitable
Over ₹1,000 cr3100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking24
0–20%33
20–50%13
50–100%2
Doubled+3

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

Profitability

Profit is concentrated at the top

72profitable
3loss-making
4.1%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
ARB ConveyorsARB CONVEYORS LIMITED+352%₹217.93 cr
MagkraftndtMAGKRAFT INTEGRATED PRIVATE LIMITED+166%₹14.18 cr
GLEAMING APPARELSGLEAMING APPARELS LIMITED+87%
Varindera ToolsVARINDERA TOOLS PRIVATE LIMITED
ForgixFORGIX PRIVATE LIMITED₹34.82 cr
Proxima Steel ForgePROXIMA STEEL FORGE PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Broadway OverseasBROADWAY OVERSEAS LIMITED38.9%₹276.93 cr
Vishal ToolsVISHAL TOOLS AND FORGINGS PVT LTD
Perfect BeltsPERFECT BELTS PRIVATE LIMITED13.1%₹228.03 cr
Atam ValvesAtam Valves Limited10.4%
GLEAMING APPARELSGLEAMING APPARELS LIMITED9.7%
Cheema BoilersCHEEMA BOILERS LIMITED8.9%₹551.60 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services55₹11,718.38 cr~₹152.8 cr98%4.6%
Contract manufacturers10₹4,716.52 cr~₹43.5 cr90%2.9%
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%
Satia IndustriesSATIA INDUSTRIES LIMITED₹1,531.20 cr₹118.62 cr7.7%-12%
Renny StripsRENNY STRIPS LIMITED₹860.88 cr₹19.46 cr2.3%-3%
Madhav StelcoMADHAV STELCO PRIVATE LIMITED₹705.50 cr₹30.32 cr4.3%+17%
Hansa MetallicsHANSA METALLICS LIMITED₹666.83 cr₹22.75 cr3.4%+16%
Cheema BoilersCHEEMA BOILERS LIMITED₹551.60 cr₹48.87 cr8.9%-15%
ArisudanaARISUDANA INDUSTRIES LIMITED₹528.21 cr₹23.98 cr4.5%+18%
Spray EngineeringSPRAY ENGINEERING DEVICES LIMITED₹461.29 cr₹14.69 cr3.2%-16%
Sharu IndustriesSHARU INDUSTRIES PRIVATE LIMITED₹416.95 cr₹2.22 cr0.5%-10%
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 Punjab 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 Punjab
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 Punjab 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, India181

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

173Acquisition
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 Punjab

Meet the people behind industrial goods and manufacturing companies in Punjab. 53 of 217 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Punjab industrial goods and manufacturing companies by sub-sector

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