Company lists
The West Bengal edition · 2026

Industrial goods and manufacturingcompanies in West Bengal

Steel & engineering, contract manufacturing, industrial equipment, industrial safety, packaging and more: the companies building industrial goods and manufacturing in West Bengal, with their founders, funding, team size and business models.

344 company profiles160 with reported revenue3 with recorded fundingSeptember 2026 edition
West Bengal · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent industrial goods and manufacturing business events in West Bengal

Funding, M&A, contract wins and launches involving 369 industrial goods and manufacturing companies in West Bengal, last 24 months: 42 Contracts · 7 M&A deals · 2 funding rounds · 2 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
ContractSupply

Texmaco rail & engineering · client: Ultratech cement

Texmaco Rail & Engineering has secured a significant order valued at ₹27.18 crores from Ultratech Cement Limited. The order involves the supply of one rake of BCFC M1 wagons along with…

Railway
Funding

Bmw industries

BMW Industries Ltd, a major home-grown steel processing firm, has announced that it has achieved financial closure for its proposed greenfield downstream steel project in Bokaro,…

Steel Processing
LaunchJLP SHAKTI – Jindal India Loyalty Program

Jindal

Mumbai, 7th January, 2026: Jindal (India) Limited, part of the prestigious B C Jindal Group and one of the leading downstream steel products manufacturers in the country, today announced…

Loyalty Program
M&AAcquisition · Announced

3P India Equity Fund, Bandhan Mutual Fund, and Morgan Stanley acquires Usha Martin

Usha Martin saw a notable stake transfer as 3P India Equity Fund, Bandhan Mutual Fund, and Morgan Stanley collectively acquired 23 lakh shares, or 0.75% equity, for Rs 98.9 crore at Rs…

M&AAcquisition · Announced

Jindal acquires Thyssenkrupp steel

Thyssenkrupp AG (Essen, Germany) has agreed to a deal with German unions that opens the way for the sale of one of Europe's largest steel companies, Thyssenkrupp Steel (Essen, Germany),…

Steel
ContractService

Krystal Integrated Services · client: Jindal

Krystal Integrated Services Ltd has secured a one-year contract worth approximately ₹9 crore from Jindal Steel Limited for sanitation services at its Jindal Nagar facility in Odisha.

Industrial hygiene
Contract

Sellwin traders · client: Patel Container India

Sellwin Traders on Wednesday said it has entered into a strategic association with Patel Container India and formalised a share-swap agreement for 36 per cent investment in a container…

Manufacturing
ContractFinancial

Visa steel · client: VISA Industries Ltd

Visa Steel Ltd on Wednesday said its board-level committee has approved the allotment of five crore fully convertible warrants on a preferential basis to promoter group entity VISA…

Finance
M&AAcquisition · Announced

Sellwin traders acquires Kumkum Wellness

Under the MoU, Sellwin Traders plans to acquire an initial 36% equity stake in Kumkum Wellness, with an option to increase its holding to up to 60% within the next 18 months.

ContractService

Bmw industries · client: Tata steel

BMW Industries and its wholly owned subsidiary BMW Iron & Steel Industries received a contract from Tata Steel worth Rs 364.69 crore to convert hot rolled coils into tubes.

Steel services
ContractSupply

Ultracab (India) · client: Jindal

Ultracab has secured orders worth Rs.10.23 crores from Western Railway, Jain Irrigation Systems Ltd, Jindal Stainless Limited, Jindal Coke Limited, Jindal Ferrous Limited, and GK Energy…

ContractService

Pr professionals · client: Texmaco rail & engineering

PR Professionals (PRP), India’s leading integrated communications agency and the flagship of PRP Group, has won the public relations mandate for Texmaco Rail & Engineering Limited, a…

Infrastructure
ContractSupply

John cockerill · client: Jindal

Jindal (India) Limited, part of prestigious B.C. Jindal Group and one of the leading downstream steel products manufacturers in India, today announced that it has signed a supply…

Steel manufacturing

Industrial goods and manufacturing companies in West Bengal, by revenue

Browse industrial goods and manufacturing companies in West Bengal 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 160 industrial goods and manufacturing companies in West Bengal 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 high-quality TMT bars

Manufacturing services
₹4,162.96 crFY 2022-23
Not reported
697+12% 12 mo to Sep 2024LinkedIn · Jul 2026
73 yr1953
—No postings tracked

Manufacturer of railway freights cars, hydro-mechanical equipments, and steel structures

Manufacturing services
₹3,572.42 crFY 2023-24
Not reported
414-34% 12 mo to Oct 2023LinkedIn · Jul 2026
87 yr1939
—No postings tracked

Official Website of Bridge and Roof Company (India) Limited | Bridge And Roof Co. (India) Ltd.

Manufacturing services
₹3,195.17 crFY 2021-22
Not reported
1,994+30% 12 mo to Sep 2019LinkedIn · Jul 2026
106 yr1920
—No postings tracked

Manufacturer of process cooling equipment

Industrial air conditioning systems
₹3,349.50 crFY 2022-23
Not reported
1,525LinkedIn · Jul 2026
78 yr1948
0none in 3 months

Provider of resources and commodities, specializing in coal, minerals, and ores

Manufacturing services
₹2,768.08 crFY 2024-25
+6%2024–2025
13LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Manufacturer of steel products

Manufacturing services
₹2,562.01 crFY 2022-23
Not reported
1,112+4% 12 mo to Oct 2023recorded Oct 2023
58 yr1968
—No postings tracked

Manufacturer of tungsten filaments for incandescent lamps and cathodes

Manufacturing services
₹1,812.99 crFY 2022-23
Not reported
—Not available
47 yr1979
—No postings tracked

Manufacturer of metal products

Manufacturing services
₹1,752.80 crFY 2024-25
+29%2024–2025
315LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacturer of industrial pumps

Industrial automation equipment
₹1,692.61 crFY 2023-24
Not reported
142-26% 12 mo to Sep 2024LinkedIn · Jul 2026
74 yr1952
—No postings tracked

Provider of designing, engineering and management consulting services

Services for mining industry
₹1,638.03 crFY 2022-23
+20%2022–2023
625+8% 12 mo to Sep 2024recorded Sep 2024
35 yr1991
0none in 3 months

Producer of steel products

Manufacturing services
₹1,114.51 crFY 2024-25
+6%2024–2025
379+0% 12 mo to Mar 2023LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer of ferro alloys and steel products

Manufacturing services
₹854.08 crFY 2022-23
+13%2022–2023
295LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Manufacturer and supplier of metal products

Manufacturing services
₹844.55 crFY 2024-25
+67%2024–2025
—Not available
18 yr2008
0none in 3 months

Company specializes in foundry, forming, and fabrication solutions for various industries

Manufacturing services
₹759.64 crFY 2024-25
+14%2024–2025
—Not available
29 yr1997
0none in 3 months

Manufacturer of pig iron

Manufacturing services
₹718.54 crFY 2024-25
-16%2024–2025
311-3% 12 mo to Jan 2024recorded Jan 2024
40 yr1986
0none in 3 months

Leading manufacturer and exporter of cast iron, counterweights, ductile iron castings, and manhole covers

Manufacturing services
₹664.95 crFY 2024-25
Not reported
406LinkedIn · Jul 2026
44 yr1982
0none in 3 months · last posted Jun 2026

Manufacturer of steel products

Manufacturing services
₹638.69 crFY 2024-25
+6%2024–2025
7+72% 12 mo to Jul 2024LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Supplier and exporter of industrial mild steel pipe, hot rolled plates, ferro silicon, mild steel billets, and rods

Manufacturing services
₹618.24 crFY 2024-25
+14%2024–2025
—Not available
16 yr2010
0none in 3 months

Manufacturer and supplier of steel products

Manufacturing services
₹567.43 crFY 2024-25
Not reported
318-6% 12 mo to Jul 2024recorded Jul 2024
30 yr1996
0none in 3 months

Manufacturer of personal protective equipment including safety helmets, gloves, workwear, and footwear

Industrial safety
₹515.68 crFY 2024-25
Not reported
309-36% 12 mo to Mar 2024recorded Mar 2024
43 yr1983
0none in 3 months · last posted May 2024

Company offers electrical wire products at competitive prices

Manufacturing services
₹512.19 crFY 2024-25
+20%2024–2025
202+38% 12 mo to Sep 2024recorded Sep 2024
26 yr2000
1postings · last posted Jul 2026

Manufacturer of aluminium

Manufacturing services
₹431.95 crFY 2024-25
+15%2024–2025
40LinkedIn · Jul 2026
35 yr1991
3postings · last posted Jul 2026

Contract manufacturer of leather products

Contract manufacturers
₹377.30 crFY 2021-22
Not reported
—Not available
24 yr2002
0none in 3 months

Manufacturer and supplier of industrial safety and personal protective equipments

Industrial safety
₹407.84 crFY 2024-25
+60%2024–2025
394+17% 12 mo to Sep 2024LinkedIn · Jul 2026
44 yr1982
2postings · last posted Aug 2026

Contract based manufacturer of food and personal care

Contract manufacturers
₹406.33 crFY 2024-25
+20%2024–2025
225+0% 12 mo to Sep 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months
50 of 344 companies shown here · the full list is on Radar
Fliar Radar

Explore all 344 industrial goods and manufacturing companies in West Bengal 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 West Bengal on Radar
  • Every company, not just 50All 344 industrial goods and manufacturing companies in West Bengal, 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 West Bengal by what you are looking for

Find top industrial goods and manufacturing companies in West Bengal, from steel and engineering makers to industrial product manufacturers. Browse industrial manufacturing startups in West Bengal and listed manufacturers by type.

9 ways to explore industrial goods and manufacturing in West Bengal

Steel, metal & heavy engineering manufacturersContract manufacturers & exportersIndustrial automation & machinery companiesIndustrial safety & protective equipment makersPackaging machinery & packaging manufacturersB2B manufacturing marketplaces & tech

Steel, metal & heavy engineering manufacturers

TMT bars, steel products, rail equipment and engineering goods makers.

  1. Concast

    Manufacturer of TMT bars and allied steel products

    Manufacturing services
    Website
  2. Shakambhari Ispat & Power

    Manufacturer of high-quality TMT bars

    Manufacturing services
    See in list
  3. Texmaco Rail & Engineering

    Manufacturer of railway freights cars, hydro-mechanical equipments, and steel structures

    Manufacturing services
    See in list
  4. WEBFIL

    Manufacturer of tungsten filaments for incandescent lamps and cathodes

    Manufacturing services
    See in list
  5. GIRIDHAN METAL

    Manufacturer of metal products

    Manufacturing services
    See in list

Contract manufacturers & exporters

Contract manufacturers of garments, leather, jewellery and consumer goods.

  1. Shree Ganesh Jewellery House

    Contract manufacturer and exporter of gold & diamond jewellery

    Contract manufacturers
    Website
  2. Phoenix Overseas

    Contract manufacturer of leather products

    Contract manufacturers
    See in list
  3. Abdos Oils

    Contract based manufacturer of food and personal care

    Contract manufacturers
    See in list
  4. Fashion World Garments

    Contract manufacturer of apparel

    Contract manufacturers
    Website
  5. SAR Apparels

    Manufacturer and exporter of apparel and fashion products, primarily focusing on knitwear and supplying to various clients

    Contract manufacturers
    Website

Industrial automation & machinery companies

Pumps, gearboxes, valves, hydraulics and industrial robotics suppliers.

  1. WPIL

    Manufacturer of industrial pumps

    Industrial automation equipment
    See in list
  2. Bonfiglioli

    Design and manufactures industrial gear boxes

    Industrial automation equipment
    See in list
  3. Knowell

    Provider of bearing distribution solutions

    Industrial automation equipment
    Website
  4. Universal Gear

    Manufacturer of gearboxes

    Industrial automation equipment
    Website
  5. Oscar Equipments

    Manufacturer of hydraulic and pneumatic cylinders, rotary and linear actuators, and related equipment

    Industrial automation equipment
    Website

Industrial safety & protective equipment makers

Safety gloves, helmets, shoes and fire safety systems.

  1. Mallcom

    Manufacturer of personal protective equipment including safety helmets, gloves, workwear, and footwear

    Industrial safety
    See in list
  2. Udyogi

    Manufacturer and supplier of industrial safety and personal protective equipments

    Industrial safety
    See in list
  3. Acknit Industries

    Manufacturer and exporter of industrial gloves and garments

    Industrial safety
    See in list
  4. Fire Shield

    Manufacturer and distributor of fire fighting equipment, offering a range of products including fire extinguishers, safety equipment, and systems to ensure fire safety and protection in various industries and settings.

    Industrial safety
    Website
  5. Spartan

    Provider of PPE with exceptional quality leather gloves and safety workwear solutions

    Industrial safety
    Website

Packaging machinery & packaging manufacturers

Packaging, sealing and filling machines plus packaging product makers.

  1. Ecoline Exim

    Manufacturer of customizable bags, aprons, pouches, and related textile products

    Packaging tech
    See in list
  2. Gentleman Pharmed

    Manufacturer of pharmaceutical machinery for tablet, capsule, liquid, and injectable production

    Packaging machinery
    Website
  3. p. k. enterprises

    P. K. Enterprises is a manufacturer of packaging boxes and printed labels.

    Packaging tech
    Website
  4. Sikri Packaging

    Manufacturer of packaging machinery and tea bagging equipment

    Packaging machinery
    Website
  5. b.d infra projects pvt ltd

    Manufacturer of LD Packaging Film, Shrink Wrap,Liquified films ,we provide the best packaging solution for every business needs.

    Packaging machinery
    Website

B2B manufacturing marketplaces & tech

Online platforms for procuring, auctioning and leasing industrial goods.

  1. NowPurchase

    Tech interfaced procurement marketplace for metal manufacturers

    Materials tech
    See in list
  2. Berry Cotts

    Online B2B platform offering manufacturing services for the fashion industry

    Fashion tech
    Website
  3. iQuippo

    Online marketplace for sale and leasing of heavy equipments

    B2b e-commerce
    Website
  4. Delmarchio

    E-distributor offering eyewear

    B2b e-commerce
    Website
  5. Valuejunction

    Provider of online auction platform for surplus assets and commodities

    B2b e-commerce
    Website

Industrial manufacturing startups in West Bengal

Recently founded industrial goods and manufacturing startups.

  1. Cosmic CRF

    Provider of hot & cold rolled sheet, coated coil, tubes, rebars, wire rods, automotive steels, and building solutions

    Manufacturing services
    Website
  2. Prototec Safety

    Company engaged in manufacturing and supplying industrial safety products

    Manufacturing services
    Website
  3. ETHOS Engineering

    Company that specializes in engineering plastic moulded goods and mould making

    Manufacturing services
    Website
  4. Finecalibration

    Provider of fine calibration services for robotic systems, laser altimeters, and other precision instruments

    Manufacturing services
    Website
  5. Chouhan Mechanics

    Manufacturer of specialized CNC-based products, including CNC rib cutting arbor, carbide notching, and branding tools

    Manufacturing services
    Website
23 companies in West Bengal

Industrial goods and manufacturing companies hiring in West Bengal

Manufacturers in West Bengal with open roles.

  1. Crescent Foundry

    Leading manufacturer and exporter of cast iron, counterweights, ductile iron castings, and manhole covers

    Manufacturing services
    See in list
  2. Mallcom

    Manufacturer of personal protective equipment including safety helmets, gloves, workwear, and footwear

    Industrial safety
    See in list
  3. Palriwal Industries

    Company offers electrical wire products at competitive prices

    Manufacturing services
    See in list
  4. Century Extrusions

    Manufacturer of aluminium

    Manufacturing services
    See in list
  5. Udyogi

    Manufacturer and supplier of industrial safety and personal protective equipments

    Industrial safety
    See in list
11 companies in West Bengal

Listed industrial goods and manufacturing companies in West Bengal

Publicly listed manufacturers based in West Bengal.

  1. Texmaco Rail & Engineering

    Manufacturer of railway freights cars, hydro-mechanical equipments, and steel structures

    Manufacturing services
    See in list
  2. MSPGroup

    Manufacturer of steel products

    Manufacturing services
    See in list
  3. WPIL

    Manufacturer of industrial pumps

    Industrial automation equipment
    See in list
  4. Beekay Steel

    Producer of steel products

    Manufacturing services
    See in list
  5. K I C Metaliks

    Manufacturer of pig iron

    Manufacturing services
    See in list
29 companies in West Bengal
Mobile reach

Top 5 industrial goods and manufacturing apps from West Bengal

The most-installed Android apps published by industrial goods and manufacturing companies headquartered in West Bengal — 35K installs between them. 5 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 5
3

Udyogi Safety

by Udyogi

Installs998
Rating—
Last updatedNov 2025
View on Google Play ↗
Udyogi Safety screenshot 1Udyogi Safety screenshot 2Udyogi Safety screenshot 3Udyogi Safety screenshot 4Udyogi Safety screenshot 5Udyogi Safety screenshot 6
The business behind the activity

Industrial goods and manufacturing financials in West Bengal

Revenue, profit and growth from the filed annual accounts of 153 industrial goods and manufacturing companies in West Bengal for FY24-25 — 172 of the 344 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 41% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹38,672.22 cr

153 companies filing accounts

combined net profit₹1,333.37 cr

3.4% aggregate margin

are profitable90%

138 of 153 companies

median revenue~₹76.4 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five41%

revenue concentration

Six-year view

Combined revenue of filing companies

₹24,276.12 crFY19-20149 filers
₹22,457.29 crFY20-21153 filers
₹30,971.31 crFY21-22160 filers
₹41,652.68 crFY22-23156 filers
₹39,396.35 crFY23-24161 filers
₹38,672.22 crFY24-25153 filers

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

Like-for-like

The same 142 companies over three years

+13%
FY22-23₹33,843.89 cr₹842.36 cr net
FY23-24₹34,313.08 cr₹1,822.96 cr net
FY24-25₹38,195.26 cr₹1,295.59 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 cr1070% profitable
₹1–10 cr1788% profitable
₹10–100 cr6093% profitable
₹100–1,000 cr5990% profitable
Over ₹1,000 cr7100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking46
0–20%61
20–50%29
50–100%11
Doubled+4

151 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

138profitable
15loss-making
3.4%aggregate margin
3.1%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
TamraTAMRA WIRES AND CABLES PRIVATE LIMITED
S.R. AutomationS R AUTOMATION PVT LTD+99%₹28.06 cr
NowPurchaseBIZ HERO INDIA PRIVATE LIMITED
MosayMOSAY INTERNATIONAL PRIVATE LIMITED+67%₹60.44 cr
Gavrill MetalGAVRILL METAL PRIVATE LIMITED+67%₹844.55 cr
KMRIPLKHARAGPUR METAL REFORMING INDUSTRIES PVT LTD
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
HINDUSTHAN UDYOGHINDUSTHAN UDYOG LTD
Dwarkesh Engineering WorksDWARKESH ENGINEERING WORKS PVT LTD39.3%₹53.13 cr
AMIC ForgingsAMIC FORGING LIMITED₹142.02 cr
Indian ChainINDIAN CHAIN PRIVATE LIMITED₹46.18 cr
RoyalROYAL COMPOSITES PRIVATE LIMITED21.1%₹99.22 cr
Mangal Steel EnterprisesMANGAL STEEL ENTERPRISES LTD20.3%₹125.95 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services99₹29,983.18 cr~₹99.2 cr91%2.0%
Industrial automation equipment16₹2,043.47 cr~₹28.2 cr88%8.1%
Industrial safety12₹1,678.95 cr~₹81.3 cr100%8.4%
Contract manufacturers15₹1,493.12 cr~₹24.8 cr87%3.4%
Leaders

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

Company · legal entityRevenueNet resultMarginGrowth
BridgeroofBRIDGE & ROOF CO (INDIA) LTD₹4,532.03 cr₹102.37 cr2.3%+13%
Texmaco Rail & EngineeringTEXMACO RAIL & ENGINEERING LIMITED₹4,330.91 cr₹172.13 cr4.0%+21%
Rawmet ResourcesRAWMET RESOURCES PRIVATE LIMITED₹2,768.08 cr₹11.53 cr0.4%+6%
Paharpur Cooling TowersPAHARPUR COOLING TOWERS LTD₹2,368.07 cr₹344.50 cr14.5%+8%
GIRIDHAN METALGIRIDHAN METAL PRIVATE LIMITED₹1,752.80 cr₹56.56 cr3.2%+29%
WPILWPIL LIMITED₹1,177.85 cr₹143.84 cr12.2%+6%
Beekay SteelBEEKAY STEEL INDUSTRIES LTD₹1,114.50 cr₹90.73 cr8.1%+6%
Gavrill MetalGAVRILL METAL PRIVATE LIMITED₹844.55 cr₹23.19 cr2.7%+67%
NfforgingNF FORGINGS PRIVATE LIMITED₹809.82 cr₹79.17 cr9.8%+10%
K I C MetaliksK I C METALIKS LIMITED₹718.54 cr−₹6.09 cr-0.8%-16%
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 West Bengal 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 West Bengal
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 West Bengal compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months30

US$345.85m

equity rounds, last 24 months84

US$934.83m

raised over five yearsUS$2.73bn

334 rounds in India

M&A deals, West Bengal7

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 West Bengal

6Acquisition
1Announced

Most active acquirers

  1. Sellwin traders4
  2. Jindal2
  3. 3P India Equity Fund, Bandhan Mutual Fund, and Morgan Stanley1

Most acquired or merged

  1. Usha Martin1
  2. Thyssenkrupp steel1
  3. Kumkum Wellness1
  4. Thyssenkrupp1
  5. Global Market Insights IT Services LLC (GMIIT)1

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 West Bengal

Meet the people behind industrial goods and manufacturing companies in West Bengal. 100 of 344 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore West Bengal industrial goods and manufacturing companies by sub-sector

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

Company lists

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