Company lists
The Gurugram edition · 2026

Manufacturing servicescompanies in Gurugram

Polymers & chemicals, industrial equipment, contract manufacturers, supply chain & B2B, startups and more: the companies building manufacturing services in Gurugram, Haryana, with their founders, funding, team size and business models.

67 company profiles49 with reported revenue0 with recorded fundingOctober 2026 edition
Gurugram · Photo: Wikimedia Commons (CC BY-SA 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: 200 Contracts · 85 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 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

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 Gurugram, by revenue

Browse manufacturing services companies in Gurugram by reported revenue, one-year revenue growth, revenue model, age and stage. The 49 companies below are the largest by their most recent reported revenue among 49 manufacturing services companies in Gurugram, Haryana 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 49

Manufacturer of polyester staple fiber, yarn, and chips

Manufacturing services
₹4,287.96 crFY 2024-25
+11%2024–2025
342LinkedIn · Oct 2026
37 yr1989
0none in 3 months

Jindal Stainless Steelway Limited

Manufacturing services
₹3,265.64 crFY 2024-25
+7%2024–2025
267LinkedIn · Oct 2026
22 yr2004
0none in 3 months

Manufacturer and supplier of polypropylene composite material & alloys

Manufacturing services
₹909.12 crFY 2023-24
+5%2023–2024
207+16% 12 mo to Aug 2024LinkedIn · Oct 2026
31 yr1995
0none in 3 months

Provider of zinc-aluminium alloys and related solutions

Manufacturing services
₹799.10 crFY 2024-25
+14%2024–2025
45LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Supplier of forklifts & material handling equipments

Manufacturing services
₹787.74 crFY 2024-25
+5%2024–2025
382LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer and supplier of electrical components to OEMs

Manufacturing services
₹502.64 crFY 2023-24
Not reported
750recorded
40 yr1986
0none in 3 months

Manufacturer of stainless steel welding consumables

Manufacturing services
₹499.16 crFY 2024-25
+22%2024–2025
—Not available
22 yr2004
0none in 3 months

Provider of heating, ventilation, air-conditioning, and refrigeration solutions

Manufacturing services
₹256.61 crFY 2024-25
+3%2024–2025
189LinkedIn · Oct 2026
42 yr1984
0none in 3 months

Company offering solutions related to new DG sets, AMCs, installations, and spare parts

Manufacturing services
₹256.10 crFY 2024-25
+22%2024–2025
631+6% 12 mo to Sep 2024recorded Sep 2024
28 yr1998
0none in 3 months

Manufacturers of plastic, rubber products, and chrome-plated items

Manufacturing services
₹248.05 crFY 2024-25
+13%2024–2025
142LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Manufacturer of welding consumables

Manufacturing services
₹218.21 crFY 2024-25
+3%2024–2025
15LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Manufacturer of silicone, sealants, foams, adhesives, and other chemicals

Manufacturing services
₹172.26 crFY 2024-25
+15%2024–2025
89+24% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
0none in 3 months

Manufacturer of field instruments and engineered products for process and power industries

Manufacturing services
₹167.80 crFY 2023-24
-48%2023–2024
194LinkedIn · Oct 2026
26 yr2000
0none in 3 months

Snap-on for every job, for every need, for every tech., Snap-on has the solution

Manufacturing services
₹156.94 crFY 2022-23
Not reported
92+12% 12 mo to Aug 2024recorded Aug 2024
22 yr2004
—No postings tracked

Provider of HVAC, refrigeration & electrification services

Manufacturing services
₹147.90 crFY 2024-25
-16%2024–2025
174LinkedIn · Oct 2026
40 yr1986
0none in 3 months

Manufacturer and exporter of metallized products in the metallizing business

Manufacturing services
₹126.40 crFY 2023-24
+5%2023–2024
—Not available
31 yr1995
0none in 3 months

Provider of industrial enclosure systems, cable trays, MEP supports, and more

Industrial automation equipment
₹108.14 crFY 2024-25
-9%2024–2025
64LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of engineered equipment for multiple industries

Manufacturing services
₹103.70 crFY 2024-25
Not reported
—Not available
26 yr2000
0none in 3 months

Manufacturer of industrial equipment such as pallet trucks, wheel barrows, lockers, wire mesh containers, and slotted angle racks

Manufacturing services
₹103.18 crFY 2024-25
+53%2024–2025
—Not available
8 yr2018
0none in 3 months

Manufacturer of modular switches and accessories

Manufacturing services
₹96.22 crFY 2023-24
+9%2023–2024
160LinkedIn · Jul 2026
44 yr1982
0none in 3 months

Precision injection moulded automotive and non-automotive components manufacturer and exporter

Manufacturing services
₹96.90 crFY 2024-25
+20%2024–2025
46LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Leading RFID Tags & Reader Manufacturer in India - ID Tech Solutions

Manufacturing services
₹79.65 crFY 2024-25
+32%2024–2025
167+29% 12 mo to Feb 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of technical materials such as piezo ceramics rings and ultrasonic cleaning transducers

Manufacturing services
₹59.24 crFY 2024-25
-6%2024–2025
26LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Manufacturer of mobile crushers and screeners for aggregate processing

Manufacturing services
₹44.82 crFY 2024-25
+43%2024–2025
42LinkedIn · Jul 2026
8 yr2018
0none in 3 months
49 of 67 companies shown here · the full list is on Radar
Fliar Radar

Explore all 67 manufacturing services companies in Gurugram on Radar

This page shows the top 49. Radar has the complete, filterable list with contacts and live company signals.

Open manufacturing services in Gurugram on Radar
  • Every company, not just 50All 67 manufacturing services companies in Gurugram, 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.
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Explore manufacturing services companies in Gurugram by what you are looking for

Browse the top manufacturing companies in Gurugram, from contract and polymer makers to industrial equipment suppliers. Find manufacturing services companies in Gurugram, startups in the space and firms that are hiring.

6 ways to explore manufacturing services in Gurugram

Polymer, chemical & materials manufacturersIndustrial automation & electrical equipment makersContract manufacturing & component suppliersSupply chain, B2B marketplace & conglomerate groupsManufacturing services startups in GurugramManufacturing services companies hiring in Gurugram

Polymer, chemical & materials manufacturers

Makers of polymers, composites, sealants and other industrial materials.

  1. Machino Polymers

    Manufacturer and supplier of polypropylene composite material & alloys

    Manufacturing services
    See in list
  2. Jindal Advance Materials

    Manufacturer of hand lamination, long fibre injection molding, vacuum Infusion, and silicon bag

    Manufacturing services
    Website
  3. McCoy Soudal

    Manufacturer of silicone, sealants, foams, adhesives, and other chemicals

    Manufacturing services
    See in list

Industrial automation & electrical equipment makers

Companies making automation systems, robotics, enclosures and electrical equipment for industry.

  1. Jastech

    Provider of industrial enclosure systems, cable trays, MEP supports, and more

    Industrial automation equipment
    See in list
  2. Motionworks Robotics

    Provider of automation solutions, including robotic, assembly line, and laser systems

    Manufacturing services
    See in list
  3. EnvMart

    Provider of an online B2B marketplace for industrial environmental and sustainability products

    Manufacturing services
    See in list

Contract manufacturing & component suppliers

Manufacturers and suppliers of parts, alloys, fibres and material handling equipment for other businesses.

  1. Indorama

    Manufacturer of polyester staple fiber, yarn, and chips

    Manufacturing services
    See in list
  2. Jindal Stainless Steelway

    Jindal Stainless Steelway Limited

    Manufacturing services
    See in list
  3. Machino Polymers

    Manufacturer and supplier of polypropylene composite material & alloys

    Manufacturing services
    See in list
  4. Toyota Material Handling India

    Supplier of forklifts & material handling equipments

    Manufacturing services
    See in list
  5. UM Group

    Manufacturer and supplier of electrical components to OEMs

    Manufacturing services
    See in list

Supply chain, B2B marketplace & conglomerate groups

Diversified groups and platforms offering supply chain, procurement and integrated business services.

  1. Vulture Innovation

    Manufacturer of food waste composting machine and ETP plant

    Manufacturing services
    See in list
  2. EnvMart

    Provider of an online B2B marketplace for industrial environmental and sustainability products

    Manufacturing services
    See in list
  3. Ethics Group

    Provider of end-to-end supply chain solutions and integrated IT systems. This includes warehousing, logistics management, inventory control, distribution network optimization, and warehouse automation. The IT solutions leverage AI/ML for demand forecasting, integrate with ERP systems, and offer vendor portals, vending machine management, and point-of-sale software. Real-time data monitoring and business intelligence tools provide clients with actionable insights. The company also offers customized warehousing solutions and streamlined order fulfillment capabilities.

    Manufacturing services
    Website
  4. Razorlabs

    Provider of computer related repair and maintenance services

    Manufacturing services
    See in list
  5. McCoy Soudal

    Manufacturer of silicone, sealants, foams, adhesives, and other chemicals

    Manufacturing services
    See in list

Manufacturing services startups in Gurugram

Newer manufacturing services companies founded in the last few years.

  1. Kinben Innovation

    Provider of inspection services for oil and gas pipelines

    Manufacturing services
    See in list
  2. Mystic Accords

    Provider of industrial technology solutions

    Manufacturing services
    See in list
  3. EnvMart

    Provider of an online B2B marketplace for industrial environmental and sustainability products

    Manufacturing services
    See in list
  4. Razorlabs

    Provider of computer related repair and maintenance services

    Manufacturing services
    See in list
  5. Jindal Advance Materials

    Manufacturer of hand lamination, long fibre injection molding, vacuum Infusion, and silicon bag

    Manufacturing services
    Website
7 companies in Gurugram

Manufacturing services companies hiring in Gurugram

Manufacturing services companies with open roles right now.

  1. Ajashy Engineering Sales

    Manufacturer and equipment service provider for lighting, oil & gas, offshore, and ship building industries

    Manufacturing services
    See in list
  2. DDSPLM

    Provider of engineering solutions for design, simulation, and manufacturing

    Manufacturing services
    See in list
  3. Pride India Engineering Solutions

    Provider of engineering solutions and integration services

    Manufacturing services
    See in list
  4. Vulture Innovation

    Manufacturer of food waste composting machine and ETP plant

    Manufacturing services
    See in list
  5. Dalisoft Technologies

    Provider of automation and IT solutions in manufacturing and energy sectors

    Manufacturing services
    See in list
5 companies in Gurugram
The business behind the activity

Manufacturing services financials in Gurugram

Revenue, profit and growth from the filed annual accounts of 43 manufacturing services companies in Gurugram, Haryana for FY24-25 — 49 of the 67 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 81% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹11,539.17 cr

43 companies filing accounts

combined net profit₹265.74 cr

2.3% aggregate margin

are profitable79%

34 of 43 companies

median revenue~₹25.8 cr

the typical company

median revenue growth+17%

into FY24-25

earned by the top five81%

revenue concentration

Six-year view

Combined revenue of filing companies

₹7,071.58 crFY19-2040 filers
₹6,761.73 crFY20-2141 filers
₹10,378.96 crFY21-2243 filers
₹11,918.61 crFY22-2346 filers
₹12,310.54 crFY23-2448 filers
₹11,539.17 crFY24-2543 filers

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

Like-for-like

The same 40 companies over three years

+13%
FY22-23₹9,983.75 cr₹169.20 cr net
FY23-24₹10,406.47 cr₹102.73 cr net
FY24-25₹11,281.27 cr₹264.89 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 cr10% profitable
₹1–10 cr1155% profitable
₹10–100 cr1889% profitable
₹100–1,000 cr1191% profitable
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking8
0–20%14
20–50%9
50–100%5
Doubled+7

43 companies with accounts for both years; median growth +17%.

Profitability

Profit is concentrated at the top

34profitable
9loss-making
2.3%aggregate margin
1.9%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
Vulture InnovationVULTURE INNOVATION PRIVATE LIMITED
TRPTRP CONSTRUCTION MANAGEMENT PRIVATE LIMITED
ASTHA INDUSTRIESASTHA INDUSTRIES PRIVATE LIMITED+53%₹103.18 cr
Powered by ETRACKETRACK CRUSHERS PRIVATE LIMITED+43%₹44.82 cr
EnvoysENVOYS ELECTRONICS PRIVATE LIMITED+42%₹52.84 cr
Gradwell OilfieldGRADWELL OILFIELD PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
DRIDESICCANT ROTORS INTERNATIONAL PRIVATE LIMITED21.7%₹245.14 cr
TdsasiaTECHNICAL DRYING SERVICES (ASIA) PRIVATE LIMITED
IdsolutionsindiaI D TECH SOLUTIONS PRIVATE LIMITED10.2%₹79.28 cr
Toyota Material Handling IndiaTOYOTA MATERIAL HANDLING INDIA PRIVATE LIMITED7.9%₹787.74 cr
Ajashy Engineering SalesAJASHY ENGINEERING SALES PRIVATE LIMITED
Vulture InnovationVULTURE INNOVATION PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Manufacturing services43₹11,539.17 cr~₹25.8 cr79%2.3%
Leaders

Largest manufacturing services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
IndoramaINDO RAMA SYNTHETICS (INDIA) LIMITED₹3,989.94 cr₹20.08 cr0.5%+7%
Jindal Stainless SteelwayJINDAL STAINLESS STEELWAY LIMITED₹3,265.64 cr₹111.12 cr3.4%+7%
SBASHREE BALAJI ALUMNICAST PRIVATE LIMITED₹799.10 cr₹8.15 cr1.0%+14%
Toyota Material Handling IndiaTOYOTA MATERIAL HANDLING INDIA PRIVATE LIMITED₹787.74 cr₹62.43 cr7.9%+5%
SuperonSUPERON SCHWEISSTECHNIK INDUSTRIES LIMITED₹499.16 cr₹18.84 cr3.8%+22%
PAL EngineersPAL SVAM POWER SOLUTIONS PRIVATE LIMITED₹256.10 cr₹4.94 cr1.9%+22%
Paramount GroupPARAMOUNT POLYMERS PRIVATE LIMITED₹247.15 cr₹3.94 cr1.6%+13%
DRIDESICCANT ROTORS INTERNATIONAL PRIVATE LIMITED₹245.14 cr₹53.25 cr21.7%+3%
Shakunt EnterprisesSHAKUNT ENTERPRISES PRIVATE LIMITED₹218.21 cr₹1.34 cr0.6%+3%
SnapSNAP-ON TOOLS PRIVATE LIMITED₹153.21 cr−₹45.29 cr-29.6%+5%
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

AdTech Industry Landscape of Gurugram

The financials above are one chapter. The full manufacturing services landscape of Gurugram 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 Gurugram
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 Gurugram 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, India85

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

82Acquisition
1Merger
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 Gurugram

Meet the people behind manufacturing services companies in Gurugram. 31 of 67 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring manufacturing services in India and nearby markets.

Coming soon