Company lists
The Gujarat edition · 2026

Manufacturing servicescompanies in Gujarat

Metals & alloys, electrical & automation, packaging & machinery, building materials, waste & water and more: the companies building manufacturing services in Gujarat, with their founders, funding, team size and business models.

568 company profiles299 with reported revenue3 with recorded fundingSeptember 2026 edition

Recent manufacturing services business events in Gujarat

Funding, M&A, contract wins and launches involving 591 manufacturing services companies in Gujarat, last 24 months: 17 Contracts · 13 M&A deals · 4 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

M&AAcquisition · Announced

Orange group acquires MasOrange

EU clears Orange's EUR 4.25 bln acquisition of Spain's MasOrange

Telecommunications
M&AAcquisition · Announced

AMI Paradigm Solutions Private Limited acquires L&t technology services

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…

Engineering Services
ContractSupply

Shaily engineering plastics · client: Na

Plastic products maker Shaily Engineering Plastics said it has received an order from a large domestic pharma company for the supply of pen injectors over a period of 4 years.

Pharmaceutical
ContractSupply

Loyal equipments · client: Indian oil

Loyal Equipments Ltd has secured a ₹ 7.61 crore order from Indian Oil Corporation’s Mathura Refinery for an Air Fin Cooler Assembly, to be executed over 8 months.

LaunchASC – Acme Super Cell engraving technology

Acme rolltech

with plans to launch its ASC – Acme Super Cell engraving technology at PrintPack 2025.

Engraving Technology
M&AAcquisition · Announced

A-1 Ltd acquires A-1 sureja industries

The company has increased existing partnership interest/ shareholding in A-1 Sureja industries from 45% to 51% at an enterprise value of ₹100 crore.

Battery-operated two-wheelers (Hurry-E)
M&AAcquisition · Announced

A-1 Limited acquires A-1 sureja industries

A-1 Limited announced an increase in its partnership interest in A-1 Sureja Industries from 45% to 51%, strengthening its position in the electric vehicle (EV) manufacturing sector.

Battery‑operated two‑wheelers
M&AAcquisition · Completed

A-I Limited acquires A-1 sureja industries

A-I Limited has acquired an additional 6 percent stake in A-1 Sureja Industries

M&AAcquisition · Announced

Abu dhabi investment authority acquires Shaily engineering plastics

Abu Dhabi Investment Authority , Motilal Oswal Mutual Fund, BofA Securities, Societe Generale, and other institutional investors have collectively acquired over 13 lakh shares, or a 2.9%…

ContractTechnology

L&t technology services · client: Na

L&T Technology Services (LTTS) has announced approx Rs 8.86 billion multi-year agreement with a US-based industrial equipment manufacturer.

Semiconductor
ContractService

L&t technology services · client: US-based industrial equipment manufacturer

A leading engineering services provider secured a $100 million multi-year deal with a US industrial equipment maker

Semiconductor
M&AAcquisition · Announced

American Funds Fundamental Investors acquires Shaily engineering plastics

The Growth Fund of America, and American Funds Fundamental Investors, managed by Capital Group, have bought 5 lakh shares in Shaily Engineering at Rs 1,925 per share, and 2,68,179 shares…

Manufacturing
M&AAcquisition · Announced

Growth Fund of America acquires Shaily engineering plastics

US-based investment management firm Capital Group, through two of its funds, acquired a 1.67 percent stake in Shaily Engineering Plastics — a manufacturer of injection-moulded precision…

Manufacturing
LaunchMarzel Carpet Tiles

Dolphy

Marzel Carpet Tiles, launched July 2025, is Dolphy’s new flooring vertical offering designer modular carpets in Nylon and PP variants.

Modular Carpet Tiles
M&AAcquisition · Announced

M.R. Organisation acquires ABP Impex

Aeroflex Enterprises announced that its subsidiary, M.R. Organisation, has acquired 51% equity stake through its USA subsidiary in ABP Impex, based in Portugal (EU), that specialises in…

ContractSupply

Meera industries · client: Dexmat

The second order is from DexMat, Inc., known for producing advanced carbon nanotube fibers called “Galvorn,” which has placed an order for Meera’s Ring Twister. The Ring Twister is…

Textile machinery
ContractSupply

Meera industries · client: Buhler quality yarns

The initial order is from Buhler Quality Yarns Corp, a leading supplier of luxury cotton yarns made from high-grade Supima cotton, which has ordered Meera’s Twister & Winder systems.…

Textile machinery
ContractSupply

Na · client: Hermes technologies

The company has secured a Rs.3.35 crore agreement with Hermes Technologies Private Limited to supply and implement a 1 GW solar photovoltaic (PV) plant.

Renewable Energy
ContractSupply

Trom Industries Limited · client: Hermes technologies

Trom Industries Limited has received a purchase order from Hermes Technologies Private Limited for the supply, installation, testing, and commissioning of a 1 MW grid-connected…

Renewable Energy
ContractSupply

Welspun Specialty Solutions · client: Bharat heavy electricals

Welspun Specialty Solutions Limited (WSSL) has been notified as L1 bidder by Bharat Heavy Electricals Limited (BHEL, Trichy) for supply of approx 4,050 tons of Stainless steel Seamless…

Power
M&AAcquisition · Completed

HIL Limited acquires TOPLINE INDUSTRIES

the acquisition of pipes brand Topline Industries for Rs 265 crore.

Pipes & fittings
M&AAcquisition · Announced

Windsor machines acquires Global cnc

Windsor Machines, the plastic processing machinery manufacturer on Monday acquired a 100 per cent stake in Global CNC Private Limited (GCPL), a Rajkot (Gujarat) based company…

Computer numerical controlled (CNC) machines

Manufacturing services companies in Gujarat, by revenue

Browse manufacturing services companies in Gujarat 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 299 manufacturing services companies in 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

Provider of software & AI development, cloud, cyber security, and engineering consulting services

Manufacturing services
₹10,880.10 crFY 2024-25
+10%2024–2025
41,463-6% 12 mo to Nov 2023LinkedIn · Jul 2026
14 yr2012
1postings · last posted Jul 2026

Leading gold refinery

Manufacturing services
₹4,986.80 crFY 2023-24
Not reported
92-2% 12 mo to Aug 2024recorded Aug 2024
14 yr2012
1postings · last posted Jul 2026

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

Provider of toner resins and styrene metallic for the printing and packaging industries

Manufacturing services
₹1,465.71 crFY 2024-25
-44%2024–2025
77+6% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

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

Provider of electric steel for motor, transformer, pump and electrical appliance

Manufacturing services
₹1,116.52 crFY 2024-25
+5%2024–2025
156LinkedIn · Jul 2026
14 yr2012
1postings · last posted Jul 2026

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 filtration, drying, glass lined, metals, and other material equipments

Manufacturing services
₹1,034.95 crFY 2024-25
+6%2024–2025
736+2% 12 mo to Sep 2024recorded Sep 2024
45 yr1981
3postings · last posted Jul 2026

Custom-based manufacturer of CNC machine tools

Manufacturing services
₹860.41 crFY 2022-23
Not reported
145+38% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months · last posted Jun 2026

Manufacturer of custom injection molded plastic products

Manufacturing services
₹789.12 crFY 2024-25
+21%2024–2025
569-7% 12 mo to Oct 2023LinkedIn · Jul 2026
39 yr1987
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

Provider of heavy forgings for industries such as nuclear, refinery, petrochemical, power, shipbuilding, and heavy engineering

Manufacturing services
₹617.85 crFY 2024-25
+22%2024–2025
—Not available
14 yr2012
0none in 3 months

Manufacturer of steel billets

Manufacturing services
₹565.68 crFY 2024-25
+48%2024–2025
—Not available
16 yr2010
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

Manufacturer of casting and forging products for multiple industries

Manufacturing services
₹492.00 crFY 2024-25
+1%2024–2025
546LinkedIn · Jul 2026
20 yr2006
2postings · last posted Aug 2026

Manufacturer of stainless steel pipes and tubes

Manufacturing services
₹488.85 crFY 2024-25
Not reported
—Not available
18 yr2008
0none in 3 months

Manufacturer of cables and wires

Manufacturing services
₹439.78 crFY 2024-25
+15%2024–2025
—Not available
43 yr1983
0none in 3 months

Provider of precision machined parts for airport ground support equipment

Manufacturing services
₹349.71 crFY 2024-25
+92%2024–2025
826LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Manufacturer and exporter of pet monofilament extrusion plants and plastic rope making machines

Manufacturing services
₹336.92 crFY 2024-25
+24%2024–2025
31LinkedIn · Jul 2026
21 yr2005
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 based alloy ingots & billets

Manufacturing services
₹322.14 crFY 2024-25
+56%2024–2025
5+58% 12 mo to Jul 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Manufacturer of equal angles, unequal angles, I-beams, channels, round, and flat bars

Manufacturing services
₹303.22 crFY 2023-24
+37%2023–2024
—Not available
31 yr1995
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
50 of 568 companies shown here · the full list is on Radar
Fliar Radar

Explore all 568 manufacturing services companies in Gujarat on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open manufacturing services in Gujarat on Radar
  • Every company, not just 50All 568 manufacturing services companies in Gujarat, 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 Gujarat by what you are looking for

Find manufacturing companies in Gujarat and contract manufacturing services companies, from metals and packaging machinery to electrical and automation equipment. Use the cards to shortlist manufacturing services companies in Gujarat by what they make.

9 ways to explore manufacturing services in Gujarat

Steel, metals & alloys manufacturersElectrical, control panel & industrial automation equipmentPackaging machinery & packaging servicesBuilding materials & construction productsWaste & water treatment equipment makersEngineering services, contract & electronics manufacturing

Steel, metals & alloys manufacturers

Manufacturers of stainless steel, alloys, strips and other metal products.

  1. Shah Alloys

    Manufacturer of stainless steel, alloy, special steel, and carbon steel products

    Manufacturing services
    See in list
  2. Macwell Auto Engineering

    Company that specializes in manufacturing rollers

    Auto components
    Website
  3. Sai Swami Metals & Alloys

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

    Manufacturing services
    Website
  4. Bhagwati Group

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

    Auto components
    Website
  5. Tanya Galvanizers

    Provider of hot-dip galvanizing, metal coatings, and coil coating solutions for critical infrastructure protection

    Manufacturing services
    Website

Electrical, control panel & industrial automation equipment

Makers of control panels, drives, controllers and power equipment.

  1. Multispan Control Instruments

    Provider of panel-mounted temperature controllers for injection molding, extrusion units, and other plastic processing machinery manufacturers

    Manufacturing services
    Website
  2. REM Electromach

    Provider of electrical panels, automation systems, power management, and turnkey engineering services

    Electricity transmission & distribution equipment
    Website
  3. Procon

    Manufacturer and distributor of automation and control products

    Industrial automation equipment
    Website
  4. Trafosys

    Provider of cloud-based transformer design optimization software

    Smart grid
    Website
  5. Online Micro Controls

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

    Manufacturing services
    Website

Packaging machinery & packaging services

Manufacturers of filling, sealing and film extrusion machines and packaging.

  1. Shubham Extrusion

    Manufacturer of blown film extrusion lines and related equipment

    Manufacturing services
    Website
  2. Hari Krushna

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

    Packaging machinery
    Website
  3. All-Pack Machine

    Manufacturer of liquid filling, turntable & sealing machines

    Packaging machinery
    Website
  4. HLE Glascoat

    Manufacturer of filtration, drying, glass lined, metals, and other material equipments

    Manufacturing services
    See in list
  5. Cambay Foodservice Packaging

    Manufacturer of packaging cups and other products

    Manufacturing services
    Website

Building materials & construction products

Companies making and supplying construction and insulation materials.

  1. Laxmi En-Fab

    Company specializing in AAC block plant manufacturing

    Manufacturing services
    Website
  2. Sheth Insulations

    Distributor of insulation & waterproofing materials and finger glass Products

    Building materials
    Website
  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
  5. SBIPL

    Provider of thermal insulation, maintenance, scaffolding, and other services

    Manufacturing services
    Website

Waste & water treatment equipment makers

Companies providing wastewater, water treatment and waste management systems.

  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. FR Engimech

    Manufacturer and supplier of solid waste management system

    Manufacturing services
    Website
8 companies in Gujarat

Engineering services, contract & electronics manufacturing

Contract manufacturers, electronics makers and engineering design firms.

  1. L&T Technology Services

    Provider of software & AI development, cloud, cyber security, and engineering consulting services

    Manufacturing services
    See in list
  2. Macwell Auto Engineering

    Company that specializes in manufacturing rollers

    Auto components
    Website
  3. Specialty Fertilizer

    Provider of product engineering and software services for electronic products.

    Electronic manufacturing services
    Website
  4. Ntech Engineering Solutions

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

    3d printing and 3d scanning services
    Website
  5. Darshan Safety Zone

    Contract manufacturer of fiber clothes

    Contract manufacturers
    Website

Listed manufacturing services companies in Gujarat

Publicly listed manufacturing services companies in Gujarat.

  1. L&T Technology Services

    Provider of software & AI development, cloud, cyber security, and engineering consulting services

    Manufacturing services
    See in list
  2. HLE Glascoat

    Manufacturer of filtration, drying, glass lined, metals, and other material equipments

    Manufacturing services
    See in list
  3. Jyoti CNC Automation

    Custom-based manufacturer of CNC machine tools

    Manufacturing services
    See in list
  4. Shaily Engineering Plastics

    Manufacturer of custom injection molded plastic products

    Manufacturing services
    See in list
  5. Scoda Tubes

    Manufacturer of stainless steel pipes and tubes

    Manufacturing services
    See in list
44 companies in Gujarat

Manufacturing services startups in Gujarat

Newer manufacturing services companies based in Gujarat.

  1. UniGlobus

    Manufacturer of LED drivers, BLDC controllers, and surge protection devices

    Manufacturing services
    Website
  2. Hatimi Exim

    Manufacturer, supplier, and exporter of consumer-based products, including ropes and other industrial materials

    Manufacturing services
    Website
  3. Satyajit Renewable Engineering Pvt

    Biomass Pellet Machine Manufacturer & Supplier in India | Pelleting Machine in India | Satyajit Machineries

    Manufacturing services
    Website
  4. Top Crane System

    Engineering company manufacturing a wide range of material handling equipment

    Manufacturing services
    Website
  5. Hydrobenz

    Manufacturer of specialized equipment for the energy and industrial sectors

    Manufacturing services
    Website
37 companies in Gujarat

Manufacturing services companies hiring in Gujarat

Manufacturing companies with open roles right now.

  1. L&T Technology Services

    Provider of software & AI development, cloud, cyber security, and engineering consulting services

    Manufacturing services
    See in list
  2. Sovereign Metals

    Leading gold refinery

    Manufacturing services
    See in list
  3. CSCI

    Provider of electric steel for motor, transformer, pump and electrical appliance

    Manufacturing services
    See in list
  4. HLE Glascoat

    Manufacturer of filtration, drying, glass lined, metals, and other material equipments

    Manufacturing services
    See in list
  5. Jyoti CNC Automation

    Custom-based manufacturer of CNC machine tools

    Manufacturing services
    See in list
18 companies in Gujarat
Mobile reach

Top 10 manufacturing services apps from Gujarat

The most-installed Android apps published by manufacturing services companies headquartered in Gujarat — 185K installs between them. 13 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
4

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 Gujarat

Revenue, profit and growth from the filed annual accounts of 287 manufacturing services companies in Gujarat for FY24-25 — 305 of the 568 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 36% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹42,938.83 cr

287 companies filing accounts

combined net profit₹3,136.79 cr

7.3% aggregate margin

are profitable90%

258 of 287 companies

median revenue~₹52.6 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five36%

revenue concentration

Six-year view

Combined revenue of filing companies

₹25,581.84 crFY19-20236 filers
₹27,540.08 crFY20-21249 filers
₹36,999.04 crFY21-22257 filers
₹42,729.12 crFY22-23274 filers
₹44,942.60 crFY23-24288 filers
₹42,938.83 crFY24-25287 filers

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

Like-for-like

The same 264 companies over three years

+17%
FY22-23₹35,924.35 cr₹1,737.22 cr net
FY23-24₹38,740.42 cr₹2,403.56 cr net
FY24-25₹42,109.35 cr₹3,079.79 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 cr1844% profitable
₹1–10 cr4990% profitable
₹10–100 cr12995% profitable
₹100–1,000 cr8593% profitable
Over ₹1,000 cr683% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking82
0–20%94
20–50%64
50–100%19
Doubled+21

280 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

258profitable
29loss-making
7.3%aggregate margin
2.8%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
Ashvath Rubber TechASHVATH RUBBER TECH PRIVATE LIMITED
SBRG Clean TechSBRG CLEAN TECH PRIVATE LIMITED+315%₹12.36 cr
TvadarthamTVADARTHAM TECHNOLOGIES PRIVATE LIMITED+288%₹24.86 cr
Flexico ForgeFLEXICO FORGE PRIVATE LIMITED+235%₹13.89 cr
Hatimi EximHATIMI EXIM PRIVATE LIMITED+223%
Jigar CablesJIGAR CABLES LIMITED₹103.27 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
L&T Special Steels and Heavy ForgingsL&T SPECIAL STEELS AND HEAVY FORGINGS PRIVATE LIMITED49.2%₹617.85 cr
Shiva Performance MaterialsSHIVA PERFORMANCE MATERIALS PRIVATE LIMITED43.4%₹807.69 cr
New FieldNEW FIELD INDUSTRIAL EQUIPMENT PRIVATE LIMITED₹65.68 cr
Himalaya MachineHIMALAYA MACHINERY PRIVATE LIMITED
Hitech CADD ServicesHi-tech Digital Solutions Llp23.8%
M.R. OrganisationM.R.ORGANISATION LIMITED20.6%₹57.99 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services270₹42,127.26 cr~₹53.9 cr90%7.3%
Leaders

Largest manufacturing services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
L&T Technology ServicesL&T TECHNOLOGY SERVICES LIMITED₹9,744.30 cr₹1,220.90 cr12.5%+10%
Laxcon SteelsLAXCON STEELS LIMITED₹1,915.93 cr₹55.43 cr2.9%+7%
Jyoti CNC AutomationJYOTI CNC AUTOMATION LIMITED₹1,631.47 cr₹310.05 cr19.0%+36%
Ahmedabad StripsAHMEDABAD STRIPS PRIVATE LIMITED₹1,128.14 cr₹42.94 cr3.8%-4%
CSCICSCI STEEL CORPORATION INDIA PRIVATE LIMITED₹1,116.52 cr−₹124.44 cr-11.1%+5%
Mangalam TubicoreMangalam Worldwide Limited₹1,066.03 cr₹29.41 cr2.8%+30%
Shiva Performance MaterialsSHIVA PERFORMANCE MATERIALS PRIVATE LIMITED₹807.69 cr₹350.64 cr43.4%+36%
Shaily Engineering PlasticsSHAILY ENGINEERING PLASTICS LIMITED₹745.55 cr₹70.91 cr9.5%+20%
Shah FoilsSHAH FOILS LIMITED₹744.12 cr₹11.94 cr1.6%-21%
L&T Special Steels and Heavy ForgingsL&T SPECIAL STEELS AND HEAVY FORGINGS PRIVATE LIMITED₹617.85 cr₹303.89 cr49.2%+22%
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.

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 Gujarat 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, Gujarat13

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 Gujarat

13Acquisition

Most active acquirers

  1. A-1 Ltd3
  2. L&t technology services2
  3. Orange group1
  4. AMI Paradigm Solutions Private Limited1
  5. Abu dhabi investment authority1

Most acquired or merged

  1. A-1 sureja industries3
  2. Shaily engineering plastics3
  3. MasOrange1
  4. L&t technology services1
  5. ABP Impex1

Each deal appears in the events strip at the top of the page.

Founders and momentum in Gujarat

Meet the people behind manufacturing services companies in Gujarat. 169 of 568 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat manufacturing services companies by sub-sector

The most common specialisations among manufacturing services companies in Gujarat. 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