Company lists
The Rajasthan edition · 2026

Industrial goods and manufacturingcompanies in Rajasthan

Contract manufacturing, manufacturers & exporters, industrial automation, packaging, industrial safety and more: the companies building industrial goods and manufacturing in Rajasthan, with their founders, funding, team size and business models.

159 company profiles67 with reported revenue1 with recorded fundingOctober 2026 edition
Rajasthan · 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: 314 Contracts · 186 M&A deals · 74 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 Rajasthan, by revenue

Browse industrial goods and manufacturing companies in Rajasthan 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 67 industrial goods and manufacturing companies in Rajasthan 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 of cotton yarn

Manufacturing services
₹3,309.25 crFY 2024-25
+14%2024–2025
566LinkedIn · Oct 2026
34 yr1992
0none in 3 months

Provider of precious metal products and solutions for industrial use

Manufacturing services
₹1,502.88 crFY 2021-22
Not reported
148+34% 12 mo to Sep 2024recorded Sep 2024
39 yr1987
—No postings tracked

Contract manufacturer of denims

Contract manufacturers
₹698.40 crFY 2024-25
+20%2024–2025
60+107% 12 mo to Aug 2024LinkedIn · Oct 2026
17 yr2009
0none in 3 months

Manufacturer and exporter

Manufacturing services
₹524.59 crFY 2021-22
Not reported
28+24% 12 mo to Jun 2023LinkedIn · Oct 2026
12 yr2014
—No postings tracked

Metal products manufacturer that supplies non-ferrous metal products

Manufacturing services
₹553.13 crFY 2024-25
+69%2024–2025
—Not available
15 yr2011
1postings · last posted Aug 2026

Manufacturer of polypropylene & polyethylene woven tarpaulin, bags, and sacks

Manufacturing services
₹458.65 crFY 2024-25
+34%2024–2025
—Not available
9 yr2017
0none in 3 months

Manufacturer of aluminum and copper fin-and-tube heat exchangers

Industrial air conditioning systems
₹441.71 crFY 2024-25
+41%2024–2025
340-17% 12 mo to Aug 2024LinkedIn · Oct 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Manufacturer of cotton, and synthetic fabrics

Contract manufacturers
₹418.36 crFY 2024-25
+29%2024–2025
41+18% 12 mo to Oct 2023LinkedIn · Oct 2026
23 yr2003
0none in 3 months

Company engaged in designing and manufacturing transmission line towers and wind mill towers

Manufacturing services
₹373.74 crFY 2022-23
Not reported
156+14% 12 mo to Sep 2024LinkedIn · Jul 2026
66 yr1960
0none in 3 months

Contract manufacturer of bath robe and garments

Contract manufacturers
₹379.42 crFY 2024-25
+13%2024–2025
28-30% 12 mo to Mar 2024LinkedIn · Oct 2026
46 yr1980
0none in 3 months

Manufacturer specializing in the manufacturing of aluminum die casting products

Manufacturing services
₹342.05 crFY 2024-25
-17%2024–2025
3LinkedIn · Jul 2026
43 yr1983
0none in 3 months · last posted Apr 2026

Company specializing in aluminum recycling

Manufacturing services
₹311.45 crFY 2024-25
Not reported
—Not available
8 yr2018
0none in 3 months

Manufacturer and exporter of power distribution transformers and PVC insulated cables

Manufacturing services
₹248.35 crFY 2021-22
Not reported
347+30% 12 mo to Sep 2024recorded Sep 2024
48 yr1978
—No postings tracked

Supplier of custom designed steel sections/profiles

Manufacturing services
₹249.91 crFY 2024-25
+2%2024–2025
—Not available
29 yr1997
0none in 3 months

Manufacturer of pipe & aluminum press parts

Manufacturing services
₹232.89 crFY 2024-25
-18%2024–2025
128LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Manufacturer and supplier of angles and bars

Manufacturing services
₹213.25 crFY 2024-25
-3%2024–2025
—Not available
4 yr2022
0none in 3 months

Manufacturer and supplier of ramming mass

Metals and alloys
₹200.96 crFY 2024-25
+51%2024–2025
31-25% 12 mo to Sep 2024LinkedIn · Oct 2026
17 yr2009
0none in 3 months

Manufacturer of transformer lamination cores, specializing in CRGO processing and core assembly

Manufacturing services
₹179.76 crFY 2024-25
+33%2024–2025
21LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Contract manufacturer of industrial grade foam products

Contract manufacturers
₹156.12 crFY 2024-25
+10%2024–2025
4+14% 12 mo to Aug 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Provider of steel casting services

Manufacturing services
₹152.03 crFY 2024-25
+39%2024–2025
43+15% 12 mo to Sep 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Manufacturer of bearings and automotive components

Manufacturing services
₹129.23 crFY 2021-22
Not reported
53+84% 12 mo to Sep 2024LinkedIn · Jul 2026
59 yr1967
0none in 3 months · last posted Jun 2026

Manufacturer of steel for domestic construction, engineering, automotive and infrastructure sectors

Manufacturing services
₹145.98 crFY 2024-25
-55%2024–2025
23LinkedIn · Oct 2026
34 yr1992
0none in 3 months

Manufacturer, supplier, and exporter of conveyor belting and accessories for various industries

Industrial automation equipment
₹144.41 crFY 2024-25
+2%2024–2025
52LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Manufacturer of pipes and tubes

Manufacturing services
₹137.86 crFY 2024-25
-21%2024–2025
—Not available
26 yr2000
1postings · last posted Aug 2026

Distributor for mining, construction & industrial products

Manufacturing services
₹137.82 crFY 2024-25
-5%2024–2025
24LinkedIn · Jul 2026
41 yr1985
0none in 3 months
50 of 159 companies shown here · the full list is on Radar
Fliar Radar

Explore all 159 industrial goods and manufacturing companies in Rajasthan 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 159 industrial goods and manufacturing companies in Rajasthan, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore industrial goods and manufacturing companies in Rajasthan by what you are looking for

Browse top industrial goods and manufacturing companies in Rajasthan, from contract manufacturers to automation and packaging machinery makers. You can also see industrial manufacturing startups in Rajasthan and listed companies.

9 ways to explore industrial goods and manufacturing in Rajasthan

Contract manufacturers & textile producersIndustrial product manufacturers & exportersIndustrial automation & electrical equipment manufacturersPackaging machinery & packaging product companiesIndustrial safety & protective equipment companiesConstruction, engineering & industrial cooling companies

Contract manufacturers & textile producers

Contract manufacturers of fabrics, garments, foams and other goods for brands and exporters.

  1. Manomay Tex India

    Contract manufacturer of denims

    Contract manufacturers
    See in list
  2. Swaraj Suiting

    Manufacturer of cotton, and synthetic fabrics

    Contract manufacturers
    See in list
  3. K G Petrochem

    Contract manufacturer of bath robe and garments

    Contract manufacturers
    See in list
  4. Flexipol Foams

    Contract manufacturer of industrial grade foam products

    Contract manufacturers
    See in list
  5. A.K. Spintex

    Contract manufacturer of fabrics

    Contract manufacturers
    See in list

Industrial product manufacturers & exporters

Manufacturers and exporters of metal, yarn, polymer and other industrial products.

  1. Nitin Spinners

    Manufacturer of cotton yarn

    Manufacturing services
    See in list
  2. Shera Group Private Limited

    Manufacturer and exporter

    Manufacturing services
    See in list
  3. Rajputana Industries

    Metal products manufacturer that supplies non-ferrous metal products

    Manufacturing services
    See in list
  4. Capstone Polyweave

    Manufacturer of polypropylene & polyethylene woven tarpaulin, bags, and sacks

    Manufacturing services
    See in list
  5. K G Petrochem

    Contract manufacturer of bath robe and garments

    Contract manufacturers
    See in list

Industrial automation & electrical equipment manufacturers

Makers of automation equipment, panels, gearboxes, brakes, meters and Industry 4.0 solutions.

  1. Eurekabeltings

    Manufacturer, supplier, and exporter of conveyor belting and accessories for various industries

    Industrial automation equipment
    See in list
  2. Zeniya Electech

    Manufacturer of LT/HT electrical panels and turnkey project solutions

    Industrial automation equipment
    See in list
  3. Indexel Engineering

    Manufacturer of industrial automation solutions and instrumentation products

    Industrial automation equipment
    See in list
  4. Unitorq

    Manufacturer of clutches and brakes

    Industrial automation equipment
    See in list
  5. Enertrak

    Manufacturer of multifunction meters and digital panel meters for electrical equipment monitoring

    Industrial automation equipment
    See in list

Packaging machinery & packaging product companies

Manufacturers of packaging, filling and printing machines and sustainable packaging products.

  1. Shri Balaji Industries

    Manufacturer of plastic products manufacturing machines

    Packaging machinery
    See in list
  2. Easy Flux

    Manufacturer specializing in biodegradable and compostable packaging products

    Packaging tech
    Website
  3. jogindra

    Jogindra manufactures and markets plastic processing machines.

    Packaging machinery
    Website
  4. FITPACK Group

    Manufacturer of filling, sealing, cartoning, and shrink packaging machines

    Packaging machinery
    Website
  5. Mahalaxmi Machines

    Manufacturer of automatic pouch packing machines, liquid filling machines, and granule and powder filling machines

    Packaging machinery
    Website

Industrial safety & protective equipment companies

Makers of safety footwear, insulating mats and personal and machinery safety products.

  1. Mayur Leather Products

    Manufacturer of industrial and safety footwear

    Industrial safety
    Website
  2. Insulating mat

    Manufacturing industrial safety mats to prevent electric shocks

    Industrial safety
    Website
  3. Empower Lubricants

    Manufactures and distributor of oils & greases

    Industrial safety
    Website
  4. SJT Footwear Industries

    Contract based manufacturer of foot wear

    Contract manufacturers
    Website

Construction, engineering & industrial cooling companies

Companies providing plant engineering, pre-engineered buildings and industrial cooling systems.

  1. KRN Heat Exchanger

    Manufacturer of aluminum and copper fin-and-tube heat exchangers

    Industrial air conditioning systems
    See in list
  2. Inch Enviro Technologies

    Provider of development modules for handling large volumes of sludge at various stages

    Waste & water management
    Website
  3. Evapoler Eco Cooling Solutions

    Manufacturer of industrial air cooling solutions, providing eco-friendly and energy-efficient cooling systems

    Industrial air conditioning systems
    Website
  4. Sabooindia

    Manufacturer of cement plants, flour mills, and mineral processing plants

    Manufacturing services
    Website
  5. Fmteng

    Provider of pre-engineered building structures including design, fabrication, and construction

    Manufacturing services
    Website

Industrial goods and manufacturing startups in Rajasthan

Recently founded industrial and manufacturing companies in Rajasthan.

  1. RS Ard

    Manufacturer of aerospace-grade bearings, bushings, rollers, and HVAC components

    Manufacturing services
    Website
  2. Gemocracy

    Manufacturer of gold, diamond, jadau polki, and silver jewelry

    Contract manufacturers
    Website
  3. Vardham Systems

    Provider of production monitoring systems for manufacturing enterprises

    Manufacturing tech
    Website
  4. Aumtics

    Technology company that offers end to end platform managing manufacturing processes

    Manufacturing tech
    Website
  5. Kabira Mustard Oil

    Manufacturer,supplier and exporter of mustard oil, cooking oil, and others

    Contract manufacturers
    Website
18 companies in Rajasthan

Listed industrial goods and manufacturing companies in Rajasthan

Publicly listed industrial and manufacturing companies in Rajasthan.

  1. Nitin Spinners

    Manufacturer of cotton yarn

    Manufacturing services
    See in list
  2. Manomay Tex India

    Contract manufacturer of denims

    Contract manufacturers
    See in list
  3. Shera Group Private Limited

    Manufacturer and exporter

    Manufacturing services
    See in list
  4. Rajputana Industries

    Metal products manufacturer that supplies non-ferrous metal products

    Manufacturing services
    See in list
  5. KRN Heat Exchanger

    Manufacturer of aluminum and copper fin-and-tube heat exchangers

    Industrial air conditioning systems
    See in list
14 companies in Rajasthan

Industrial goods and manufacturing companies hiring in Rajasthan

Manufacturing companies in Rajasthan with open roles.

  1. Rajputana Industries

    Metal products manufacturer that supplies non-ferrous metal products

    Manufacturing services
    See in list
  2. KRN Heat Exchanger

    Manufacturer of aluminum and copper fin-and-tube heat exchangers

    Industrial air conditioning systems
    See in list
  3. Shri Balaji

    Manufacturer specializing in the manufacturing of aluminum die casting products

    Manufacturing services
    See in list
  4. Manu Yantralaya

    Manufacturer of bearings and automotive components

    Manufacturing services
    See in list
  5. KrishnaKripa Tubes

    Manufacturer of pipes and tubes

    Manufacturing services
    See in list
9 companies in Rajasthan
Mobile reach

Top 4 industrial goods and manufacturing apps from Rajasthan

The most-installed Android apps published by industrial goods and manufacturing companies headquartered in Rajasthan — 9K installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
The business behind the activity

Industrial goods and manufacturing financials in Rajasthan

Revenue, profit and growth from the filed annual accounts of 62 industrial goods and manufacturing companies in Rajasthan for FY24-25 — 65 of the 159 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 64% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹18,021.19 cr

62 companies filing accounts

combined net profit₹658.36 cr

3.7% aggregate margin

are profitable85%

53 of 62 companies

median revenue~₹95.2 cr

the typical company

median revenue growth+10%

into FY24-25

earned by the top five64%

revenue concentration

Six-year view

Combined revenue of filing companies

₹6,541.03 crFY19-2059 filers
₹6,950.97 crFY20-2162 filers
₹10,523.16 crFY21-2263 filers
₹15,161.13 crFY22-2363 filers
₹12,879.69 crFY23-2463 filers
₹18,021.19 crFY24-2562 filers

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

Like-for-like

The same 61 companies over three years

+18%
FY22-23₹15,044.68 cr₹716.09 cr net
FY23-24₹12,517.32 cr₹618.10 cr net
FY24-25₹17,771.30 cr₹650.04 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 cr989% profitable
₹10–100 cr2277% profitable
₹100–1,000 cr2893% 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

Shrinking18
0–20%27
20–50%8
50–100%6
Doubled+3

62 companies with accounts for both years; median growth +10%.

Profitability

Profit is concentrated at the top

53profitable
9loss-making
3.7%aggregate margin
2.7%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
Ravindra HeraeusRAVINDRA HERAEUS PRIVATE LIMITED+188%₹5,894.04 cr
COMPLETION OIL TOOLSCOMPLETION OIL TOOLS PRIVATE LIMITED
Rajputana IndustriesRAJPUTANA INDUSTRIES LIMITED+69%₹553.13 cr
Nandani CreationNANDANI CREATION LIMITED
Century InfrapowerCENTURY INFRAPOWER PRIVATE LIMITED+54%₹832.20 cr
SpjprSOLUTION POINT AUTOMATION PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Raghav Productivity EnhancersRAGHAV PRODUCTIVITY ENHANCERS LIMITED18.2%₹117.84 cr
Capstone PolyweaveCAPSTONE POLYWEAVE PRIVATE LIMITED12.2%₹458.65 cr
Indexel EngineeringINDEXEL ENGINEERING LIMITED
Manu YantralayaMANU YANTRALAYA PRIVATE LIMITED8.2%₹133.74 cr
Swaraj SuitingSwaraj Suiting Limited8.0%₹418.36 cr
Shri BalajiSHRI BALAJI INDUSTRIAL PRODUCTS LIMITED7.8%₹342.05 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services37₹15,421.65 cr~₹109.2 cr84%3.5%
Contract manufacturers12₹1,877.97 cr~₹54.4 cr83%3.7%
Industrial automation equipment7₹452.45 cr~₹46.9 cr100%5.4%
Leaders

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

Company · legal entityRevenueNet resultMarginGrowth
Ravindra HeraeusRAVINDRA HERAEUS PRIVATE LIMITED₹5,894.04 cr₹230.47 cr3.9%+188%
Nitin SpinnersNITIN SPINNERS LIMITED₹3,309.25 cr₹175.43 cr5.3%+14%
Shera Group Private LimitedShera Energy Limited₹860.16 cr₹9.35 cr1.1%+36%
Century InfrapowerCENTURY INFRAPOWER PRIVATE LIMITED₹832.20 cr₹26.95 cr3.2%+54%
Manomay Tex IndiaMANOMAY TEX INDIA LIMITED₹698.40 cr₹19.25 cr2.8%+20%
Rajputana IndustriesRAJPUTANA INDUSTRIES LIMITED₹553.13 cr₹8.27 cr1.5%+69%
Capstone PolyweaveCAPSTONE POLYWEAVE PRIVATE LIMITED₹458.65 cr₹55.89 cr12.2%+34%
Swaraj SuitingSwaraj Suiting Limited₹418.36 cr₹33.32 cr8.0%+29%
K G PetrochemKG PETROCHEM LTD₹379.42 cr₹5.51 cr1.5%+13%
Shri BalajiSHRI BALAJI INDUSTRIAL PRODUCTS LIMITED₹342.05 cr₹26.71 cr7.8%-17%
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 Rajasthan 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 Rajasthan
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 Rajasthan 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, India186

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

176Acquisition
8Merger
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 Rajasthan

Meet the people behind industrial goods and manufacturing companies in Rajasthan. 64 of 159 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Rajasthan industrial goods and manufacturing companies by sub-sector

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