Electronics, contract manufacturing, metals & steel, plastics & polymers, auto components and more: the companies building manufacturing services in Delhi, with their founders, funding, team size and business models.
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 · 88 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 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…
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…
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.
The transaction involves Akkodis acquiring 100% of AXISCADES' Engineering Services practice, with the consideration pegged at approximately US$30.63 million.
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…
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
Donaldson Company has completed its previously announced acquisition of Facet Filtration strengthening its position in technology-led filtration products and solutions.
Deepak Chem Tech Limited (DCTL) ... entered into a long‑term agreement with Praxair India ... to establish a hydrogen and carbon monoxide (HyCO) plant.
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…
InvestorsM/s India Coke and Power Private Limited, M/s IMR Steel Private Limited
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…
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…
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.
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…
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…
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.
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.
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…
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…
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.…
AMI Paradigm Solutions Private Limited (AMIPS), promoted by the AM Group and ParadigmIT Services Technology Private Limited, on Thursday announced the signing of a binding agreement to…
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…
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.
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…
Spectrum Electrical Industries Limited has successfully completed its acquisition of Alric Electric Private Limited, marking a significant milestone in the company's expansion strategy.
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…
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 Delhi, by revenue
Browse manufacturing services companies in Delhi 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 141 manufacturing services companies in Delhi 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
Company & businessRevenueRevenue growthHeadcount & growthAgeJobs · last 3 months
Provider of engineering consulting, supply chain, and EPC services
₹2,551.83 cr in FY24-25 · net ₹63.63 cr · +203% since FY2018
Filed standalone accounts · Hi-Tech Pipes Ltd
Leadership · 2
AK
Ajay Kumar BansalManaging Director
AB
Anish BansalCEO
Technology
PHP
MySQL
Cloudflare
WordPress
jQuery
Detected on the company website
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Global leader in specialty films for packaging, lamination, and labeling applications, aiming to become a leader in the fields of gastroenterology and dermatology
Every company, not just 50All 245 manufacturing services companies in Delhi, 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 manufacturing services companies in Delhi by what you are looking for
Find manufacturing services companies in Delhi, from electronic manufacturing services and contract manufacturing to metals, plastics and auto components. Browse the top manufacturing service providers in Delhi, listed companies and startups.
Global leader in specialty films for packaging, lamination, and labeling applications, aiming to become a leader in the fields of gastroenterology and dermatology
Manufacturing services companies in Delhi with open roles.
Cosmo First
Global leader in specialty films for packaging, lamination, and labeling applications, aiming to become a leader in the fields of gastroenterology and dermatology
The most-installed Android apps published by manufacturing services companies headquartered in Delhi — 43K installs between them. 7 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
Revenue, profit and growth from the filed annual accounts of 135 manufacturing services companies in Delhi for FY24-25 — 147 of the 245 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 40% of the revenue, so medians describe the typical company better than totals.
combined revenue, FY24-25₹23,162.84 cr
135 companies filing accounts
combined net profit₹1,142.00 cr
4.9% aggregate margin
are profitable91%
123 of 135 companies
median revenue~₹45.8 cr
the typical company
median revenue growth+9%
into FY24-25
earned by the top five40%
revenue concentration
Six-year view
Combined revenue of filing companies
₹13,812.42 crFY19-20119 filers
₹13,549.47 crFY20-21122 filers
₹20,193.58 crFY21-22126 filers
₹24,174.60 crFY22-23135 filers
₹22,434.71 crFY23-24138 filers
₹23,162.84 crFY24-25135 filers
The number of companies filing changes each year; the three-year cohort below compares like with like.
Like-for-like
The same 127 companies over three years
+11%
FY22-23₹20,632.50 cr₹747.31 cr net
FY23-24₹21,566.84 cr₹686.38 cr net
FY24-25₹22,960.83 cr₹1,143.62 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 cr1471% profitable
₹1–10 cr1782% profitable
₹10–100 cr6095% profitable
₹100–1,000 cr3995% profitable
Over ₹1,000 cr5100% profitable
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
Momentum
How fast revenue moved into FY24-25
Shrinking38
0–20%54
20–50%19
50–100%7
Doubled+15
133 companies with accounts for both years; median growth +9%.
Profitability
Profit is concentrated at the top
123profitable
12loss-making
4.9%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
Company
Growth
Revenue
Avighna SteelAVIGHNA STEEL PRIVATE LIMITED
+229%
₹222.90 cr
ELFITELFIT ENGINEERING PRIVATE LIMITED
+188%
₹45.85 cr
AavritiiAAVRITII INTERCONNECT PRIVATE LIMITED
+134%
₹43.15 cr
JV IndustriesJ V INDUSTRIES PRIVATE LIMITED
BlueKaktusRDPL DIGITAL VALUE ADDED SERVICES PRIVATE LIMITED
+123%
SteelonClickSTEELONCLICK SERVICES PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue
Highest net margins, FY24-25
Company
Margin
Revenue
Lucent MarconsLUCENT MARCONS PRIVATE LIMITED
23.8%
ShivalikSHIVALIK BIMETAL CONTROLS LIMITED
16.1%
₹449.59 cr
Engineers IndiaENGINEERS INDIA LIMITED
14.5%
₹3,198.00 cr
Shankar MouldingShankar Moulding Limited
IRC Engineering ServicesIRC ENGINEERING SERVICES INDIA PVT LTD
10.4%
₹31.30 cr
Behari Lal IspatBEHARI LAL ENGINEERING LIMITED
10.3%
₹516.30 cr
Inside the industry
Sub-sectors compared, FY24-25
Sub-sector
Companies
Revenue
Median revenue
Profitable
Margin
Manufacturing services
120
₹18,850.01 cr
~₹46.8 cr
92%
3.5%
Leaders
Largest manufacturing services companies by revenue, FY24-25
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
AdTech Industry Landscape of Delhi
The financials above are one chapter. The full manufacturing services landscape of Delhi maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
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 Delhi 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, India88
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
Meet the people behind manufacturing services companies in Delhi. 91 of 245 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Fastest revenue growth
Manufacturing services companies in Delhi with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Manufacturing services
Provider of services for elevator license consultancy and management
Manufacturer of hot rolling mills, drives and automation systems, and provides design and manufacturing solutions for steel rolling mills and other industries
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Growing teams
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
Manufacturing services
Manufacturer of UV curing systems, LED systems, and coating equipment
Team size38Up from 24 in the previous snapshot
Founders
Details not available
Manufacturing services
Prime Tools is a manufacturer and exporter of torquing tools, tensioning tools, hydraulic equipment, and bolting accessories.
Team size35Up from 32 in the previous snapshot
Founders
Details not available
Manufacturing services
Provider of industrial products designing services
Team size78Up from 72 in the previous snapshot
Founders
Details not available
Manufacturing services
Manufacturer of industrial sieving and filtration equipment for various industries
Award 2026 Ringier Technology Innovation Award for the Coatings Industry in China — Ringier Industrial Media
From the company’s LinkedIn posts
Technology
PHP
MySQL
WordPress
jQuery
Detected on the company website
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Women-founded
Manufacturing services companies in Delhi with at least one woman on the founding team. Expand a profile to meet the founders; teams can include both women and men.
Manufacturing services
Manufacturer of wires and tapes for demanding applications
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Most covered in the news
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
Manufacturing services
Best Gi Steel Pipes, ERW Pipes Manufacturers in India
News events · last 24 months92Across tracked business press
Leadership · 2
AK
Ajay Kumar BansalManaging Director
AB
Anish BansalCEO
Engineering consulting
Provider of engineering consulting, supply chain, and EPC services
News events · last 24 months80Across tracked business press
Founder · 1
US
Uthayakumar ShanmugamCo-Founder
Manufacturing services
Global leader in specialty films for packaging, lamination, and labeling applications, aiming to become a leader in the fields of gastroenterology and dermatology
News events · last 24 months60Across tracked business press
Founders
Details not available
Manufacturing services
Jindal saw is an art manufacturing company.
News events · last 24 months50Across tracked business press
Founders
Details not available
Manufacturing services
Manufacturer of precision component
News events · last 24 months17Across tracked business press
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