Radar · Industrial Goods and Manufacturing in Vadodara
Best Industrial Goods and Manufacturing Companies in Vadodara, India
The 86 best Industrial Goods and Manufacturing companies in Vadodara, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SEForge.
By Riya SenguptaFinancials
86companies tracked
$85.2Mdisclosed funding
0unicorns
3have raised
FLIAR INTELLIGENCE · INDUSTRIAL GOODS AND MANUFACTURING × VADODARA
Our analysis of 91 Industrial Goods and Manufacturing companies
$2.1b in tracked funding; 69% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
91companies analysed
69%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2016median founding year
5Mcombined LinkedIn audience
98%of audience held by top 3
9companies hiring publicly (12 mo)
Ranked: Best Industrial Goods and Manufacturing companies in Vadodara
| # | Company | Disclosed funding | Revenue | Stage | Revenue YoY | Employees | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | L&T Technology Services Provider of software & AI development, cloud, cyber security, and engineering consulting services | — | $1.3B FY2025 | Public | +10% | 15,321 | Karim Khaled Co-Founder | 1 launch |
| 2 | CSCI Provider of electric steel for motor, transformer, pump and electrical appliance | — | $132M FY2025 | Unfunded | +5% | — | Yao Chen Managing Director | 1 job opening |
| 3 | Shaily Engineering Plastics Manufacturer of custom injection molded plastic products | — | $93M FY2025 | Public | +21% | 873 | Amit Sanghvi CEO & MD | — |
| 4 | Koshambh Manufacturer and exporter of food, textiles, agrochemicals, and auto parts | — | $65M FY2025 | Unfunded | — | 1,000 | Bhaumik Jani CEO | — |
| 5 | SEForge Manufacturer of casting and forging products for multiple industries 57Market top 23%Funding top 36%Fin. health top 45%Growth bottom 45% All 8 signals ▾Markettop 23% Fundingtop 36% Fin. healthtop 45% Growthbottom 45% Talentbottom 45% Globalbottom 33% Techbottom 24% Newsbottom 22% Market: 420 employees (top 20% of Manufacturing Services) · Revenue ~$58.2M Funding: Raised $84.9M across 1 rounds · 1 rounds over 18 yrs (0.1/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $85M | $58M FY2025 | Late Stage | +1% | 420 | Sunil Gupta CEO | — |
| 6 | Jaynix Producer & supplier of non ferrous electrical connectors & assemblies, sheet metal stampings, and other… | — | $53M FY2025 | Acquired | +56% | 173 | Nikhil Diwakar Managing Director | — |
| 7 | Aristo Biotech Provider of audio news content to radio stations | — | $38M FY2025 | Public | +30% | 51 | Narendra Barhat Managing Director | — |
| 8 | Advanced Systek Advanced Sys-tek Pvt. Ltd. | Home | — | $31M FY2025 | Acquired | — | 175 | John Flannery Chairman & CEO | — |
| 9 | HANNING MOTORS INDIA Company that offers a range of AC and three-phase motors, linear actuators, frequency inverters, fan drives… | — | $25M FY2025 | Unfunded | +4% | — | Bernhardx Bernhard Sander CEO | — |
| 10 | Isko Strip Provider of metal processing services | — | $24M FY2025 | Unfunded | +12% | — | — | — |
| 11 | Artee Flow Controls Provider of industrial valves, controllers, and solutions for complex process industries | — | $21M FY2025 | Unfunded | +15% | — | Rajeev Shukla CEO | 1 job opening · 1 launch |
| 12 | Maksteel Wire Healds Manufacturer of stainless steel products including wires, billets, and bars, with a focus on quality and… | — | $21M FY2025 | Unfunded | +71% | — | Ramesh Sidhpura Managing Director | — |
| 13 | Gujarat Containers Manufacturer of customised barrels for industrial packaging services | — | $18M FY2025 | Public | +7% | 100 | Kiran Arvindlal Shah CEO | — |
| 14 | Gujarat Infra Manufacturer of pipe fittings and piping spools, catering to key infrastructural sectors | — | $17M FY2025 | Unfunded | -22% | 175 | Shantilal Mehta Founder | — |
| 15 | Ishan Equipments Provider of machinery, inspection equipment, and other manufacturing services | — | $15M FY2025 | Unfunded | +15% | 175 | Jayant Panchal CEO | — |
| 16 | Baroda Hi-Tech Provider of steel castings, industrial alloys, and crusher bowl liners manufacturing services | — | $15M FY2025 | Unfunded | -6% | — | Pothamparambil Mohanan CEO | — |
| 17 | G & L Profile and Equipments Provider of manufacturing solutions for aluminum dies and extrusion profiles | — | $14M FY2023 | Unfunded | +14% | — | Latha Shivkumar Co-Founder | — |
| 18 | GD Waldner Provider of customized laboratory spaces and MEP solutions for optimizing operational efficiency and… | — | $11M FY2023 | Unfunded | — | 112 112 → 146 (+30%) | Adhiraj Mayur Patel CEO | — |
| 19 | Hi-Mak Manufacturer and supplier of panels | — | $8M FY2025 | Unfunded | +25% | 75 | Keyur Vyas CEO | 1 launch |
| 20 | Evexia Lifecare Contract manufacturer of pharma chemicals | — | $7M FY2024 | Public | -20% | 23 | — | — |
| 21 | Goel Scientific Glass Works Manufacturer of glass reactors, extractors, couplings, evaporator, and heat exchangers | — | $6M FY2022 | Acquired | — | 196 | Hemant Goel Managing Director | — |
| 22 | Arodo Company specializes in designing and producing customer-specific packaging machines for various industries | — | $4M FY2025 | Unfunded | +94% | — | Vikas Marwaha Managing Director | 1 launch |
| 23 | MadhuGroup Manufacturer of mold and machinery parts | — | $3M FY2025 | Unfunded | +14% | — | Madhu Shah Founder | 1 launch |
| 24 | Flowtech Measuring Instruments Manufacturer of cutting-edge flow and level measuring instruments | — | $2M FY2025 | Unfunded | -38% | — | Nilesh Shah Founder & CEO & Managing Director | — |
| 25 | Cerec Metalform Manufacturer specializing in precision-engineered metal formed products, including dish ends, elbows, and… | — | $2M FY2025 | Unfunded | +18% | — | Ashish Gandhi Owner & Managing Director | — |
| 26 | Chirayu Group Manufacturer and distributor of testing equipment | — | $2M FY2025 | Unfunded | +27% | — | — | — |
| 27 | Elcen Elcen | EFFICIENT SOLUTION FOR PRIME MOVERS | — | $2M FY2025 | Unfunded | +2% | 91 91 → 55 (-40%) | Dhankesh Patel-The Motor Man Of India Owner And Managing Director | 2 job openings |
| 28 | Elcon Engineers Provider of power system consulting and engineering services | — | $1M FY2025 | Unfunded | -14% | — | Ranjan Bandyopadhyay CEO | 1 launch |
| 29 | ASE Group Provider of industrial safety equipment and mechanical pumps and seals | — | $1M FY2025 | Unfunded | -23% | — | — | 1 launch |
| 30 | DSS Manufacturer of customised automated assembly, process monitoring systems and switch gears | — | $953K FY2025 | Unfunded | +124% | — | Deep Patel Co-Founder | — |
| 31 | HHG Industries Provider of automation and robotics solutions for manufacturing operations | — | $900K FY2025 | Unfunded | +319% | — | Karishma Singhal Co-Owner | — |
| 32 | Krutam Retailer of gold, diamond, and polki jewellery, and certified solitaires | — | $482K FY2025 | Unfunded | +39% | — | — | — |
Top 3 Industrial Goods and Manufacturing companies in Vadodara
#1
Late Stage · Vadodara, Gujarat · founded 2006 · 420 employees$84.9Mraised▾
Late Stage · Vadodara, Gujarat · founded 2006 · 420 employees
Manufacturer and supplier of forging and casting products. The company's foundry unit has an in-house testing facility to produce castings like rotor hub, rotor shaft, mainframe, gearbox housing, gear rim and other components in different sizes, delivering wind, power, oil & gas, transportation, mining, construction, defense and aerospace industries with high-precision products.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Market
top 23%Funding
top 36%Fin. health
top 45%Growth
bottom 45%Talent
bottom 45%Global
bottom 33%Market: 420 employees (top 20% of Manufacturing Services) · Revenue ~$58.2M · Top 6% by revenue among 3366 tracked Manufacturing Services peers
Funding: Raised $84.9M across 1 rounds · 1 rounds over 18 yrs (0.1/yr) · Last round PE (Sep 2008)
Fin. health: Revenue ~$58.2M (FY2021) · Net margin 2.0% · Revenue +1% YoY
Audience (LinkedIn): 8k LinkedIn followers
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Sep 2008PE$84.9M
Founders & team
Investors
IDFC
Tech stack
PhpLitespeedHostingerHttp/3
#2
Funding Raised · Vadodara, Gujarat · founded 2014$296.1Kraised▾
Funding Raised · Vadodara, Gujarat · founded 2014
SAT India is a leading supplier of automation solutions, providing high-quality and cost-effective solutions for various industries. With a focus on efficiency, precision, and reliability, the company offers a range of products, including storage silos, bag/sack emptying systems, and pneumatic conveying systems.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 expansions announced in 12 mo
Funding rounds
- Jul 2015Grant (prize money)$296.1K
Founders & team
Tech stack
ElementorGoogle WorkspaceHostingerHostinger CdnHttp/3Litespeed Cache
#3
Public · Vadodara, Gujarat · founded 1987 · 873 employees—raised▾
Public · Vadodara, Gujarat · founded 1987 · 873 employees
Shaily Engineering Plastics is a listed company that manufactures molded plastic components for various industries. Its product offering includes switchgear, home appliances, electrical appliances, automotive components, and products for personal, home care, and healthcare industry. Clientele includes GE, Electrolux, Wockhardt, and Unilever, among others.
Funding rounds
- Aug 2021Post IPO—
- Mar 2012Post IPO—
Founders & team
Investors
Lighthouse, White Oak
Tech stack
CloudflareCloudflare Bot ManagementExpressGoogle AnalyticsGoogle Tag ManagerMicrosoft 365
Funding & investor landscape
$85.2Mtotal disclosed funding
2companies funded
2disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Sunil Gupta
CEO · SEForge
Mihir Parekh
Co-Founder · Solids and Automation Technologies
Forum Parekh
Co-Founder · Solids and Automation Technologies
Amit Sanghvi
CEO & MD · Shaily Engineering Plastics
Kunal Rai
Chief Executive Officer · Shaily Engineering Plastics
Prism market signals · India · country-scoped Prism corpus, 1,107,219 docs
Market landscape — 10 sub-themes by coverage
Share of Industrial Goods and Manufacturing coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Additive Manufacturing / 3D Printing is moving in India
A read on the academic research around Additive Manufacturing / 3D Printing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,449 India-affiliated papers.
research sentiment over time
201620212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 48% → 68% across 2016–2026.
top research entities
- Vellore Institute of Technology University112
- Saveetha University56
- Indian Institute of Technology Delhi53
- Indian Institute of Technology Madras52
- Chandigarh University50
leading researchers
Rupinder Singh · Ranvijay Kumar · Abid Haleem · Prashant K. Jain · Mohd Javaid · Harish Kumar · Raman Kumar · Balasubramanian Kandasubramanian
▲
Breakthroughs301 · 12%
▼ 15%→12% share
▼0.8× share momentum2 median citations80% since 2021mostly methods-led
Breakthroughs are cooling (15%→12% of field), led by 3d printed.
rising sub-themes (early→recent)
- 3d printed2→39
- Composite material1→33
- Nanotechnology1→27
- Fused deposition modeling3→22
- Mechanical engineering2→17
Newly emergingFabrication 0→38 · Extrusion 0→28 · Fused filament fabrication 0→16
Landmark Biobased Acrylate Photocurable Resin Formulation for Stereolithography 3D Printing · 268 cites
◆
Advancements1,422 · 58%
▲ 55%→59% share
▲1.1× share momentum3 median citations80% since 2021mostly empirical
Advancements are rising (55%→59% of field), led by Composite material.
rising sub-themes (early→recent)
- Composite material12→259
- Fused deposition modeling19→220
- 3d printed2→162
- Ultimate tensile strength7→148
- Mechanical engineering2→115
Newly emergingPolylactic acid 0→70 · Process engineering 0→47 · Alloy 0→38
Landmark A critical review on additive manufacturing of Ti-6Al-4V alloy: microstructure and mechanical properties · 539 cites
▼
Concerns236 · 10%
▼ 11%→10% share
▼0.9× share momentum5 median citations80% since 2021mostly reviews
Concerns are cooling (11%→10% of field), led by 3d printed.
rising sub-themes (early→recent)
- 3d printed1→41
- Fused deposition modeling3→30
- Composite material1→23
- Mechanical engineering1→18
- Composite number1→10
Newly emergingNanotechnology 0→29 · Manufacturing engineering 0→18 · Fabrication 0→14
Landmark Printability and Shape Fidelity of Bioinks in 3D Bioprinting · 1,166 cites
RESEARCH HOTSPOTS · India
Where additive manufacturing is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Delhi-NCR158 · +0.40
Chennai111 · +0.50
Pune66 · +0.48
Mumbai63 · +0.54
Bengaluru55 · +0.46
Hyderabad49 · +0.45
Kharagpur43 · +0.46
Roorkee23 · +0.40
Guwahati19 · +0.31
Kanpur17 · +0.44
PATENT SIGNAL · India
Who's filing additive manufacturing patents in India
India additive manufacturing patent filing is accelerating — 230 filings from 307 assignees (2016–2025), led by Fabheads Automation, Tata Consultancy Services, Agnikul Cosmos; annual filings 2→26.
230 filings307 assigneespeak 40/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Fabheads Automation32
- Tata Consultancy Services15
- Agnikul Cosmos11
- CSIR11
- Pandorum TECH10
- Indian Institute TECH Delhi10
- BONE Substitutes9
- Thinkmetal8
Common questions
How many Industrial Goods and Manufacturing companies are there in Vadodara, India?
Radar tracks 86 indexable Industrial Goods and Manufacturing companies headquartered in Vadodara, India, India, that meet our profile-completeness bar.
What is the total funding raised by Industrial Goods and Manufacturing companies in Vadodara, India?
The Industrial Goods and Manufacturing companies in Vadodara, India on this list have raised a combined $85.2M in disclosed equity funding across 2 funded companies.
Which is the highest-funded Industrial Goods and Manufacturing company in Vadodara, India?
SEForge is the highest-funded Industrial Goods and Manufacturing company in Vadodara, India, with $84.9M in disclosed equity funding.
How many Industrial Goods and Manufacturing companies in Vadodara, India are funded?
2 of the 86 Industrial Goods and Manufacturing companies in Vadodara, India on this list have disclosed at least one equity funding round.
How many Industrial Goods and Manufacturing unicorns are there in Vadodara, India?
None of the Industrial Goods and Manufacturing companies in Vadodara, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Vadodara, India Industrial Goods and Manufacturing companies?
The most active investors in Vadodara, India Industrial Goods and Manufacturing companies on this list include Fairbridge Capital, IDFC, Lighthouse, White Oak.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.