Company lists
The Ahmedabad edition · 2026

Manufacturing servicescompanies in Ahmedabad

Electronics manufacturing, contract manufacturing, steel & metals, industrial automation, energy & electrical and more: the companies building manufacturing services in Ahmedabad, Gujarat, with their founders, funding, team size and business models.

184 company profiles117 with reported revenue2 with recorded fundingOctober 2026 edition
Ahmedabad · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent manufacturing services business events in India

Funding, M&A, contract wins and launches involving 4,434 manufacturing services companies in India, last 24 months: 203 Contracts · 87 M&A deals · 20 launches · 18 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
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
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
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

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&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&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
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
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
ContractSupply

Pritika auto industries · client: US-based conglomerate

Chandigarh-based Pritika Auto Industries, the flagship company of the Pritika Group of industries, today announced that it has bagged its first export order for machined castings. The…

Machined castings
ContractTechnology

Tata technologies · client: global EV battery manufacturer

Engineering services major Tata Technologies has secured a major contract to design and develop batteries for a global EV battery manufacturer, the company reported today along with its…

Automotive
ContractService

Tata technologies · client: Vinfast

We've almost completed the development of the two electric vehicles that were outsourced to Tata Technologies on a turnkey basis, and our activities are now transitioning to launch support.

Automotive
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
LaunchALAISA (Aluminium AI Support Agent)

Vedanta aluminium

Vedanta Aluminium has introduced a first‑of‑its‑kind AI‑powered humanoid assistant, ALAISA (Aluminium AI Support Agent), at Bharat Aluminium Company Limited, marking a significant step…

ContractInfrastructure

Cingle Steel & Power Pvt. Ltd. · client: Vedanta aluminium

Vedanta Aluminium signed a Memorandum of Understanding (MoU) with two companies on Friday to establish its manufacturing units in the Vedanta Aluminium Park proposed in Jharsuguada, Odisha.

Aluminium
ContractInfrastructure

SCOT-AL Metcon Private Limited · client: Vedanta aluminium

Vedanta Aluminium signed a Memorandum of Understanding (MoU) with two companies on Friday to establish its manufacturing units in the Vedanta Aluminium Park proposed in Jharsuguada, Odisha.

Aluminium
Contract

Singhal Steel & Power Pvt. Ltd · client: Vedanta aluminium

Vedanta Aluminium, India’s largest aluminium producer, has taken a significant step towards building a robust downstream ecosystem by signing a Memorandum of Understanding (MoU) with two…

Industrial downstream manufacturing
ContractSupply

Agrawal Infracab · client: Vibhor steel tubes

Vibhor Steel Tubes Limited (VSTL) has secured a new order worth ₹16.87 crore for the supply of fabricated and galvanised steel towers from Agrawal Infracab, a manufacturer of cables and…

Infrastructure
M&AAcquisition · Announced

TVS Holdings acquires Home Credit India Finance

TVS Holdings has subscribed to and has been allotted an additional 229,139,017 equity shares of Rs 10/- each in Home Credit India Finance, the company said in a stock exchange filing.…

ContractInfrastructure

JNK India · client: JNK Global Co., Ltd.

Wins Major Contract JNK India confirmed it has secured a “major” category order from its promoter entity, JNK Global, for a refinery project in India.

Energy
M&AAcquisition · Announced

AMI Paradigm Solutions Private Limited (AMIPS) acquires L&t technology services

AMI Paradigm Solutions Private Limited (AMIPS), a joint venture between AM Group and ParadigmIT, has inked a binding transfer agreement (BTA) with L&T Technology Services (LTTS) to…

Technology Services
ContractSupply

Vibhor steel tubes · client: Agrawal Infracab

Mumbai : Haryana-based high-quality steel tubes and pipes maker, Vibhor Steel Tubes Ltd (VSTL), has received Rs 16.87 crore order for supply of fabricated and galvanised towers from…

M&AAcquisition · Announced

Kratos Defense & Security Solutions acquires Orbit technologies

Kratos is in the process of buying Israeli satellite mobile systems company Orbit Technologies for $356.3 million, with the deal expected to close at the end of March.

LaunchATOOT Fe 550D TMT bars

Jai raj ispat

Jai Raj Ispat Limited has introduced a new grade of thermomechanically treated bars with the launch of ATOOT Fe 550D TMT bars, aimed at meeting structural requirements in infrastructure…

TMT bar
M&AAcquisition · Completed

Spectrum electrical industries acquires Alric Electric Private Limited

Spectrum Electrical Industries Limited has successfully completed its acquisition of Alric Electric Private Limited, marking a significant milestone in the company's expansion strategy.

Electrical
ContractSupply

Best power equipments · client: Na

Best Power Equipments (India) Pvt Ltd (BPE), India’s leading provider of technologically advanced power solutions, data centre solutions and Battery Energy Storage Systems (BESS), has…

M&ATakeover · Announced

Aspect Global Ventures Private Limited acquires Iykot hitech toolroom

Iykot Hitech Toolroom Limited faces a mandatory open offer from Aspect Global Ventures Private Limited, as the acquirer seeks to purchase up to 26,98,298 equity shares at ₹8.50 per share…

Injection molding services

Manufacturing services companies in Ahmedabad, by revenue

Browse manufacturing services companies in Ahmedabad 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 117 manufacturing services companies in Ahmedabad, Gujarat 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

Integrated stainless steel manufacturer with a focus on bright-bars and more

Manufacturing services
₹1,527.14 crFY 2021-22
Not reported
121+95% 12 mo to Sep 2024recorded Sep 2024
48 yr1978
—No postings tracked

Manufacturer of hot rolled & cold rolled carbon steel products, specializing in cold rolled coils, strips, and sheets

Manufacturing services
₹1,125.40 crFY 2024-25
Not reported
—Not available
26 yr2000
0none in 3 months

Manufacturer of stainless steel welded pipes & tubes

Manufacturing services
₹1,066.03 crFY 2024-25
+30%2024–2025
—Not available
4 yr2022
0none in 3 months

Manufacturer of cold rolled stainless steel coils & strips

Manufacturing services
₹744.12 crFY 2024-25
-21%2024–2025
35LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Manufacturer of alloy steel, fasteners, tubes, and solar photovoltaic modules

Manufacturing services
₹564.35 crFY 2024-25
+22%2024–2025
93LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Steel integrated plant specializing in manufacturing stainless steel hot rolled black bars and bright products

Manufacturing services
₹500.81 crFY 2024-25
-1%2024–2025
—Not available
26 yr2000
0none in 3 months

Provider of fabrication and roofing solutions

Manufacturing services
₹328.37 crFY 2024-25
+13%2024–2025
125LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026

Manufacturer of aluminium ingots and notchbar, offering fully integrated services

Manufacturing services
₹327.69 crFY 2024-25
+78%2024–2025
19LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Manufacturer of copper bus bars, rods, sections, and components

Manufacturing services
₹289.20 crFY 2024-25
+25%2024–2025
25LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Wholesaler and trader of welding accessories, gas equipment

Manufacturing services
₹278.37 crFY 2024-25
+6%2024–2025
—Not available
45 yr1981
0none in 3 months

Precision machine shop specializing in tool and die, general machining, fabrication, machinery rebuilding and repair services

Manufacturing services
₹204.09 crFY 2024-25
Not reported
3LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Pump manufacturing company specializing in fluid management systems

Manufacturing services
₹201.57 crFY 2024-25
+11%2024–2025
113LinkedIn · Jul 2026
42 yr1984
0none in 3 months

Provider of metal and alloy products

Manufacturing services
₹196.03 crFY 2024-25
+12%2024–2025
—Not available
6 yr2020
0none in 3 months

Supplier of stainless steel billets and scrap

Manufacturing services
₹185.43 crFY 2024-25
+70%2024–2025
—Not available
7 yr2019
0none in 3 months

Manufacturer of industrial products specializing in billets and foundry casting

Manufacturing services
₹180.83 crFY 2024-25
-18%2024–2025
11LinkedIn · Jul 2026
34 yr1992
0none in 3 months · last posted Jun 2026

Provider of waste water management and manufacturing services

Manufacturing services
₹179.71 crFY 2024-25
-25%2024–2025
7LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer of air and fan coil handling units

Manufacturing services
₹157.48 crFY 2021-22
Not reported
4,605+46% 12 mo to Aug 2023recorded Aug 2023
31 yr1995
—No postings tracked

Provider of outsourced CAD drafting, 3D design, and BIM services

Manufacturing services
₹173.99 crFY 2024-25
+6%2024–2025
—Not available
20 yr2006
0none in 3 months

Manufacturer of yarns and related machinery

Manufacturing services
₹147.71 crFY 2021-22
Not reported
126+385% 12 mo to Sep 2024recorded Sep 2024
55 yr1971
—No postings tracked

Manufacturing company specializing in elevators and escalators

Manufacturing services
₹157.36 crFY 2024-25
-6%2024–2025
—Not available
42 yr1984
0none in 3 months

Manufacturer of press brakes, plate rolling, and other products

Manufacturing services
₹151.59 crFY 2024-25
+19%2024–2025
183+28% 12 mo to Sep 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Company specializing in installation technology solutions

Manufacturing services
₹150.48 crFY 2024-25
-1%2024–2025
131LinkedIn · Jul 2026
11 yr2015
1postings · last posted Aug 2026

Manufacturer and exporter of Aluminium Rolled Products, including coils, sheets, and foils

Manufacturing services
₹132.39 crFY 2021-22
Not reported
144+92% 12 mo to Feb 2024recorded Feb 2024
7 yr2019
0none in 3 months

Manufacturer of motor start capacitors

Manufacturing services
₹137.95 crFY 2024-25
+12%2024–2025
7,080+22% 12 mo to Sep 2024recorded Sep 2024
35 yr1991
0none in 3 months

Manufacturer of weaving and knitting yarns

Manufacturing services
₹131.07 crFY 2024-25
-7%2024–2025
—Not available
13 yr2013
0none in 3 months
50 of 184 companies shown here · the full list is on Radar
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Explore manufacturing services companies in Ahmedabad by what you are looking for

Discover manufacturing companies in Ahmedabad, from steel and metal producers to packaging machinery and electronics makers. Compare contract manufacturing services, top manufacturing companies and manufacturing startups in Ahmedabad.

9 ways to explore manufacturing services in Ahmedabad

Electronic manufacturing services (EMS) companiesContract manufacturing & 3D printing servicesSteel, metals & alloys manufacturersIndustrial automation & machinery manufacturersElectrical equipment & energy storage manufacturersWaste, water treatment & environmental companies

Electronic manufacturing services (EMS) companies

Makers of electronic components, systems, devices and test equipment.

  1. Tvadartham

    Manufacturer of smart IoT gateway

    Manufacturing services
    Website
  2. Specialty Fertilizer

    Provider of product engineering and software services for electronic products.

    Electronic manufacturing services
    Website
  3. Gopal Electronics

    Provider of power analyzer manufacturing, repairing, and calibration services

    Electronic test equipment
    Website
  4. Monika Electric

    Manufacturer of electronic components

    Manufacturing services
    Website
  5. Punit Instrument

    Manufacturer of electronic weighbridge, tabletop scale, load cell, & other equipments for electronic industry

    Electronic manufacturing equipment
    Website

Contract manufacturing & 3D printing services

Contract manufacturers, rapid prototyping and fabrication partners.

  1. Bhagwati Group

    Manufacturer and supplier of control system components to tier 1 and OEMs

    Auto components
    Website
  2. Darshan Safety Zone

    Contract manufacturer of fiber clothes

    Contract manufacturers
    Website
  3. Ntech Engineering Solutions

    Provider of product design, rapid prototyping, vaccum casting, and other services

    3d printing and 3d scanning services
    Website
  4. Invent India

    Provider of end-to-end product design, development, and manufacturing services

    Manufacturing services
    Website
  5. Mapleo Design

    Provider of solid works CAD services and product manufacturing solutions including 3D printing and vacuum casting

    3d printing and 3d scanning services
    Website

Steel, metals & alloys manufacturers

Producers of stainless steel, alloys, pipes, coils and related metal products.

  1. Sai Swami Metals & Alloys

    Provider of stainless steel products such as plates, angles, coils, and bars

    Manufacturing services
    See in list
  2. M.I. Alloys

    Manufacturer of stainless steel and alloy steel rolled products

    Manufacturing services
    See in list
  3. Bearing and Tools Centre

    Distributor of measuring and testing equipment

    Manufacturing services
    Website
  4. Laxcon Steels

    Integrated stainless steel manufacturer with a focus on bright-bars and more

    Manufacturing services
    See in list
  5. Mangalam Tubicore

    Manufacturer of stainless steel welded pipes & tubes

    Manufacturing services
    See in list

Industrial automation & machinery manufacturers

Control panels, instruments, packaging machines and industrial equipment makers.

  1. Shubham Extrusion

    Manufacturer of blown film extrusion lines and related equipment

    Manufacturing services
    See in list
  2. Procon

    Manufacturer and distributor of automation and control products

    Industrial automation equipment
    Website
  3. Hari Krushna

    Manufacturer of state-of-the-art liquid processing and packaging machinery

    Packaging machinery
    Website
  4. All-Pack Machine

    Manufacturer of liquid filling, turntable & sealing machines

    Packaging machinery
    Website
  5. Ztron

    Manufacturer of electromagnetic flow meters, turbine flow meters, and paddle wheel flow meters

    Industrial automation equipment
    Website

Electrical equipment & energy storage manufacturers

Makers of batteries, inverters, switchgear and power equipment.

  1. Protek Power

    Manufacturer of inverter

    Energy storage
    Website
  2. Online Micro Controls

    Manufacturer of reactive power control solutions, electrical panels, controllers, and switches

    Manufacturing services
    Website
  3. UNIK

    Manufacturer of batteries for industrial equipments

    Manufacturing services
    Website
  4. RAJDHANI ELECTRICALS

    Manufacturer of motor start capacitors

    Manufacturing services
    See in list
  5. Gopal Electronics

    Provider of power analyzer manufacturing, repairing, and calibration services

    Electronic test equipment
    Website

Waste, water treatment & environmental companies

Waste water, solid waste and recycling system providers.

  1. Universe Alloys

    Supplier of stainless steel billets and scrap

    Manufacturing services
    See in list
  2. Chem Process System

    Provider of waste water management and manufacturing services

    Manufacturing services
    See in list
  3. Genviss

    Provider of a full spectrum of comprehensive water management solutions including physicochemical treatment, for various industries

    Waste & water management
    Website
  4. Harshprit

    Provider of aluminium ingots manufacturing and recycling services

    Manufacturing services
    Website
  5. Balaji Techno

    Company manufacturing systems and equipment for evaporation, drying, and high viscosity applications

    Waste & water management
    Website

Building materials & construction products manufacturers

Manufacturers of blocks, concrete, insulation and construction materials.

  1. Laxmi En-Fab

    Company specializing in AAC block plant manufacturing

    Manufacturing services
    See in list
  2. Sheth Insulations

    Distributor of insulation & waterproofing materials and finger glass Products

    Building materials
    See in list
  3. Rhetan

    Manufacturer and distributor of steel products

    Manufacturing services
    Website
  4. Fountain Nozzle

    Manufacturer of high-quality fountain solutions and components

    Manufacturing services
    Website

Listed manufacturing companies in Ahmedabad

Publicly listed manufacturing companies based in Ahmedabad.

  1. Energy Mission

    Manufacturer of press brakes, plate rolling, and other products

    Manufacturing services
    See in list
  2. Shree Marutinandan Tubes

    Provider of high-quality structural pipes and tubes

    Manufacturing services
    See in list
  3. Vivanta Industries

    Provider of strategic business development services for infrastructure and industrial projects

    Manufacturing services
    See in list
  4. Astron Paper and Board Mill

    Designs and manufactures corrugated paper boxes

    Manufacturing services
    See in list
  5. Sai Swami Metals & Alloys

    Provider of stainless steel products such as plates, angles, coils, and bars

    Manufacturing services
    See in list
15 companies in Ahmedabad

Manufacturing startups in Ahmedabad

Newer manufacturing services companies founded in Ahmedabad in recent years.

  1. Inspire Plastotherm

    Manufacturer of a range of laboratory equipment and testing machines for various industries

    Manufacturing services
    Website
  2. Derrick Engi Works

    Manufacturer and supplier of various industrial cranes, including EOT cranes, gantry cranes, monorail cranes, JIB cranes, and electric wire rope hoists

    Manufacturing services
    Website
  3. JVDN International

    Merchant exporter, focusing on engineering items & machineries

    Manufacturing services
    Website
  4. Genviss

    Provider of a full spectrum of comprehensive water management solutions including physicochemical treatment, for various industries

    Waste & water management
    Website
  5. Anagha Def-Space Technologies

    Manufacturer and supplier of directories, suggesting engagement in specification-driven or customized products

    Manufacturing services
    Website
14 companies in Ahmedabad
Mobile reach

Top 5 manufacturing services apps from Ahmedabad

The most-installed Android apps published by manufacturing services companies headquartered in Ahmedabad — 158K 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
2

ecubix SMS

by Ecubix

Installs3K
Rating—
Last updatedSep 2022
View on Google Play ↗
ecubix SMS screenshot 1ecubix SMS screenshot 2
The business behind the activity

Manufacturing services financials in Ahmedabad

Revenue, profit and growth from the filed annual accounts of 108 manufacturing services companies in Ahmedabad, Gujarat for FY24-25 — 114 of the 184 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 43% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹12,534.43 cr

108 companies filing accounts

combined net profit₹314.31 cr

2.5% aggregate margin

are profitable89%

96 of 108 companies

median revenue~₹46.8 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five43%

revenue concentration

Six-year view

Combined revenue of filing companies

₹7,052.49 crFY19-2091 filers
₹7,529.21 crFY20-2197 filers
₹10,382.11 crFY21-2296 filers
₹11,301.81 crFY22-23103 filers
₹12,311.34 crFY23-24110 filers
₹12,534.43 crFY24-25108 filers

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

Like-for-like

The same 99 companies over three years

+9%
FY22-23₹11,128.18 cr₹300.61 cr net
FY23-24₹11,727.46 cr₹357.48 cr net
FY24-25₹12,093.59 cr₹302.72 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 cr560% profitable
₹1–10 cr2681% profitable
₹10–100 cr4596% profitable
₹100–1,000 cr2990% 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

Shrinking35
0–20%30
20–50%24
50–100%9
Doubled+8

106 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

96profitable
12loss-making
2.5%aggregate margin
2.1%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
TvadarthamTVADARTHAM TECHNOLOGIES PRIVATE LIMITED+288%₹24.86 cr
Sai Swami Metals & AlloysDOLPHIN KITCHEN UTENSILS AND APPLIANCES LIMITED
Sagar GroupSAGAR POWERTEX PRIVATE LIMITED+83%₹233.50 cr
Maruti AluminiumMARUTI ALLUMINIUM PRIVATE LIMITED+78%₹327.69 cr
Universe AlloysUNIVERSE ALLOYS PRIVATE LIMITED+70%₹185.43 cr
Shree Ambica GeotexSHREE AMBICA GEOTEX PRIVATE LIMITED+54%₹51.55 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Hitech CADD ServicesHi-tech Digital Solutions Llp23.8%₹173.99 cr
M.R. OrganisationM.R.ORGANISATION LIMITED
Vectras EnproconVECTRAS ENPROCON LIMITED
SumipSUMIP COMPOSITES PRIVATE LIMITED
RATNAFLEX EngineeringRATNAFLEX ENGINEERING PRIVATE LIMITED₹24.68 cr
Apollo ScreensAPOLLO SCREENS PRIVATE LIMITED₹55.64 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services103₹12,423.71 cr~₹51.5 cr88%2.5%
Leaders

Largest manufacturing services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Laxcon SteelsLAXCON STEELS LIMITED₹1,915.93 cr₹55.43 cr2.9%+7%
Ahmedabad StripsAHMEDABAD STRIPS PRIVATE LIMITED₹1,128.14 cr₹42.94 cr3.8%-4%
Mangalam TubicoreMangalam Worldwide Limited₹1,066.03 cr₹29.41 cr2.8%+30%
Shah FoilsSHAH FOILS LIMITED₹744.12 cr₹11.94 cr1.6%-21%
NandeshwariNANDESHWARI STEEL LIMITED₹500.81 cr₹5.51 cr1.1%-1%
Guru Rajendra Metalloys IndiaGURU RAJENDRA METALLOYS INDIA PRIVATE LIMITED₹435.21 cr₹4.31 cr
Shree Prefab SteelsSHREE PRE-FAB STEELS PRIVATE LIMITED₹328.37 cr₹5.80 cr1.8%+13%
Maruti AluminiumMARUTI ALLUMINIUM PRIVATE LIMITED₹327.69 cr₹2.15 cr0.7%+78%
Citizen MetalloysCITIZEN METALLOYS LIMITED₹289.20 cr₹10.78 cr3.7%+25%
Citizen IndustriesCITIZEN INDUSTRIES PRIVATE LIMITED₹287.83 cr₹9.91 cr3.4%+34%
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

Chemicals and Materials Industry Landscape of Ahmedabad

The financials above are one chapter. The full manufacturing services landscape of Ahmedabad 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 manufacturing services landscape of Ahmedabad
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

Manufacturing services funding and M&A across India

93 recorded equity rounds have gone to 4,434 manufacturing services companies in India — how much, at which stage, into which sub-sectors, from whom, and how Ahmedabad compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months6

US$175.19m

equity rounds, last 24 months13

US$416.77m

raised over five yearsUS$561.17m

41 rounds in India

M&A deals, India87

last 24 months

Capital by year

Equity funding into manufacturing services in India

amount rounds
$2.6m20185
$4.5m20193
$61k20203
$3.9m202112
$90m20226
$4.3m20234
$47m20247
$241m20256
$175m20266

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$240.58m across 6 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$1.05m7 rounds · median US$92k
SeedUS$7.96m15 rounds · median US$580k
Series AUS$49.45m9 rounds · median US$4.81m
Series BUS$53.72m3 rounds · median US$26.86m
Series CUS$85.00m1 rounds · median US$85.00m
Series D+US$230.00m3 rounds · median US$115.00m
Private equityUS$133.99m3 rounds · median US$32.84m
Where the money went · five years

Most-funded sub-sectors

Manufacturing servicesUS$407.20m27 rounds · 18 companies
Electronic manufacturing servicesUS$130.08m2 rounds · 1 companies
CompositesUS$12.83m5 rounds · 1 companies
Aircraft parts and sub component manufacturersUS$10.11m2 rounds · 1 companies
Trust shopsUS$580k1 rounds · 1 companies
Manufacturing techUS$373k2 rounds · 1 companies
Scm softwareUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

83Acquisition
2Merger
1Takeover

Most active acquirers

  1. Cyient7
  2. Hoffmann4
  3. Sellwin traders4
  4. Tata technologies3
  5. Sunita tools3

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.

Founders and momentum in Ahmedabad

Meet the people behind manufacturing services companies in Ahmedabad. 69 of 184 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Ahmedabad manufacturing services companies by sub-sector

The most common specialisations among manufacturing services companies in Ahmedabad. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring manufacturing services in India and nearby markets.

Coming soon