Radar · Manufacturing Services in Punjab
Best Manufacturing Services Companies in Punjab, India
The 62 best Manufacturing Services companies in Punjab, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals.
By Riya SenguptaFinancials
62companies tracked
$0disclosed funding
0unicorns
—have raised
FLIAR INTELLIGENCE · MANUFACTURING SERVICES × PUNJAB
Our analysis of 50 Manufacturing Services companies
$1.4b in tracked funding; 56% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
50companies analysed
56%cloud-native stacks
2021funding peak (by rounds)
1997median founding year
49median Fliar Index™
Ranked: Best Manufacturing Services companies in Punjab
| # | Company | Disclosed funding | Revenue | Revenue YoY | Employees | Founded | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Vardhman Manufacturer of textile products | — | $1.2B FY2025 | +3% | 24,339 | 1965 | Paul Oswal CEO | 1 award |
| 2 | GNA Axles Manufacturer of automotive transmission components for top OE manufacturers worldwide | — | $182M FY2025 | +2% | 1,421 | 1946 | Ranbir Singh Owner | — |
| 3 | Satia Industries Develops, manufactures and supplies electronic equipment for multiple industries | — | $181M FY2025 | -12% | 2,324 | 1984 | Ajay Satia Managing Director | — |
| 4 | Fortune Group Leading manufacturer of TMT bars | — | $158M FY2024 | +3% | — | 2010 | Deep Bansal Managing Director | — |
| 5 | Renny Strips Manufacturer of steel products using advanced filtration systems | — | $102M FY2025 | -3% | 87 | 1996 | Dev Gupta Co-Founder | — |
| 6 | Hansa Metallics Provider of metal manufacturing services | — | $79M FY2025 | +16% | 531 | 1997 | Bhojraj Teli Managing Director | — |
| 7 | Cheema Boilers Manufacturer of boilers | — | $65M FY2025 | -15% | 750 | 1999 | Harjinder Cheema Managing Director | — |
| 8 | Osho Tools Provider of hand operated tools manufacturing services | — | $42M FY2025 | +5% | — | 1981 | Ashok Gupta CEO | — |
| 9 | Jai Bhole Steel Tubes Manufacturer of ERW tubes for various industrial applications | — | $39M FY2025 | +16% | — | 2003 | Shivam Maini CEO | — |
| 10 | Rajdhani Manufacturer, supplier, and exporter of MS Billets, HR Coil, and ERW Pipes | — | $36M FY2025 | +14% | — | 1990 | Naresh Kumar Managing Director | — |
| 11 | Kapsons Industries Manufacturer of electrical stampings & motors, and aluminum pressure die castings | — | $35M FY2025 | -5% | — | 1987 | Vipin Kapoor Owner | — |
| 12 | Mahawar Iron Stores Supplier of ferroalloys, cement, salt, metal scrap, and industrial chemicals | — | $31M FY2023 | — | — | 1948 | Neeraj Mahawar Managing Director | — |
| 13 | KISCO Load cell manufacturer | — | $29M FY2025 | +1% | — | 1992 | Raghav Goel CEO | — |
| 14 | Namdhari Industrial Traders Provider of industrial trading solutions and products | — | $28M FY2025 | +27% | — | 2005 | — | — |
| 15 | Eastman Cast & Forge Manufacturer of power tools, sockets, socket sets, and wrenches | — | $27M FY2024 | -2% | — | 1989 | Jagdish Singal CEO & Managing Director | — |
| 16 | Perfect Belts Manufacturer and exporter of grommet band / heddle belts | — | $27M FY2025 | +11% | — | 1996 | Sugam Gupta CEO | — |
| 17 | Saeco Group Manufacturer and exporter of agricultural machinery | — | $26M FY2025 | +10% | — | 2014 | — | — |
| 18 | ARB Conveyors Manufacturer of highconveyor belts, offering solutions for material handling and conveying applications | — | $26M FY2025 | +352% | — | 2012 | Narender Thapar Owner | — |
| 19 | Nexo Manufacturer of high tensile precision fasteners | — | $26M FY2025 | +5% | 175 | 1998 | — | — |
| 20 | Proxima Steel Forge Manufacturer of striking tools like hammers and hand tools, specializing in precision crafting | — | $23M FY2025 | +36% | 766 | 1990 | Rishi Sharma CEO | — |
| 21 | Samrat Forgings Samrat Forgings supplies automotive and non-automotive forged and machined products. | — | $23M FY2025 | +18% | — | 2006 | — | — |
| 22 | Gardex Manufacturer of hand and striking tools | — | $21M FY2025 | -4% | 67 | 1997 | Sarat Chopra Founder | — |
| 23 | Ganesh Expotrade Manufacturer of shoring systems and scaffolding supplies | — | $21M FY2025 | +14% | — | 1995 | P Singla Managing Director | — |
| 24 | Davinder Sandhu Impex Manufacturer and exporter of hosiery goods | — | $17M FY2025 | -2% | — | 1993 | Rajat Pathak CEO | — |
| 25 | HANSCO Iron and Steels Manufacturer of steel castings | — | $16M FY2025 | +2% | — | 2011 | Manu Bansal CEO | — |
| 26 | Ess Ess Steel Casting & Rolling Mills Manufacturer of steel round bars, hex bars, and rectangular bars | — | $15M FY2025 | +13% | — | 1993 | Gaurav Goyal Owner | — |
| 27 | Leader Valves Manufacturer of a wide range of valves | — | $14M FY2025 | +3% | 375 | 1980 | Jogesh Saini CEO | — |
| 28 | International Switchgears Manufacturer of LT Control Panels and HT Panels, offering power distribution solutions | — | $9M FY2025 | -14% | — | 1999 | P Sangha CEO & Managing Director | — |
| 29 | Lakshay International Manufacturer of leather tool belts & accessories | — | $9M FY2025 | +31% | — | 1989 | — | — |
| 30 | ESGI Tools Tool manufacturing company specializing in precision gear cutting tools | — | $9M FY2025 | +2% | — | 1989 | Sushil Gupta Managing Director | — |
| 31 | A.S. Precision Machines Rolling mill manufacturer | — | $9M FY2023 | +14% | — | 1995 | Ajit Singh Owner & CEO | — |
| 32 | Sewak Forgings Scaffoldings manufacturer specializing in scaffolding and formwork products | — | $8M FY2025 | +12% | 252 | 1994 | Inderpaul Singh Managing Director | — |
| 33 | Mansarovar Forgings Manufacturer and exporter of hand tools including spanners, wrenches, pliers, pincers, and more | — | $7M FY2025 | -6% | — | 2000 | Brijesh Verma CEO | — |
| 34 | Didar Steel Complex Manufacturer of steel rolls for domestic and international markets | — | $6M FY2025 | -11% | — | 1988 | Kunal Goel Proprietor | — |
| 35 | Ishmeet Forgings Steel drop forged company specializing in gear components | — | $6M FY2025 | — | — | 2002 | Prabhjot Singh Owner | — |
| 36 | Marshall Machines Pvt. Ltd. Marshall Machines designs and manufactures CNC machines, including patented double-spindle CNC turning… | — | $5M FY2023 | -39% | 175 | 2005 | — | — |
| 37 | Bmmeters Forged Pipe Fittings Manufacturer | Water Meter Exporter India | — | $2M FY2025 | +3% | — | 2005 | Kushal Sharma Owner & CEO | — |
| 38 | RMT Tools Manufacturer, supplier, and exporter of complete hot and cold steel rolling mill plants and allied equipment | — | $630K FY2025 | +28% | — | 1994 | Avtar Singh Managing Director | — |
Top 1 Manufacturing Services companies in Punjab
#1
Public · Ludhiana, Punjab · founded 1965 · 24339 employees—raised▾
Public · Ludhiana, Punjab · founded 1965 · 24339 employees
Vardhman group of companies is an integrated textile producer. Its product offerings include yarns, fabrics, sewing threads, fiber, and alloy steel, spinning & general mills. Spanning over 22 manufacturing facilities in five states.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 157k LinkedIn followers — 88.6% of this cohort's audience
Activity: 1 awards announced in 12 mo
Founders & team
Investors
Baring Private Equity Partners, HDFC Mutual Fund
Tech stack
Animate.CssAosApache Http ServerBootstrapCdnjsCloudflare
Funding & investor landscape
$0total disclosed funding
0companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
Prism market signals · India · country-scoped Prism corpus, 474,633 docs
Market landscape — 10 sub-themes by coverage
Share of Manufacturing Services coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH IN PUNJAB · Materials
How research on Additive Manufacturing in Punjab is moving
A read on the academic research around Additive Manufacturing in Punjab — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 60 papers.
60 papers · stance +0.38 · 4% breakthrough · 14% concern
top institutions
- Punjab Technical University20
- Maharaja Ranjit Singh Punjab Technical University11
- Punjab Engineering College9
- Punjabi University9
- University of the Punjab6
leading researchers
Rupinder Singh · Jasgurpreet Singh Chohan · Kamaljit Singh Boparai · Shubham Sharma · Inderpreet Singh Ahuja · Raman Kumar
prism intelligence · tone & topics
97% positive · 0% critical tone
HealthcareHealthConstructionDIY ProjectsBusinessEducation
▲
Breakthroughs2 · 3%
▼ 14%→3% share
▼0.2× share momentum14 median citations50% since 2021mostly empirical
Breakthroughs are cooling (14%→3% of field), led by Composite material.
rising sub-themes (early→recent)
- Composite material1
- Polyvinylidene fluoride1
- Electrostriction1
- Composite number1
- Fourier transform infrared spectroscopy1
Landmark A Novel Approach For Ankle Foot Orthosis Developed By Three Dimensional Technologies · 22 cites
◆
Advancements40 · 67%
▲ 43%→60% share
▲1.4× share momentum8 median citations45% since 2021mostly empirical
Advancements are rising (43%→60% of field), led by Fused deposition modeling.
rising sub-themes (early→recent)
- Fused deposition modeling1→3
Newly emerging3D printing 0→10
Landmark Development of rapid tooling using fused deposition modeling: a review · 218 cites
▼
Concerns7 · 12%
▼ 29%→17% share
▼0.6× share momentum15 median citations71% since 2021mostly reviews
Concerns are cooling (29%→17% of field), led by 3D printing.
rising sub-themes (early→recent)
- 3D printing4
- 3d printed2
- Fused deposition modeling2
- Smoothing2
- Acrylonitrile butadiene styrene2
Newly emerging3D printing 0→4
Landmark Pre and post processing techniques to improve surface characteristics of FDM parts: a state of art review and future app · 201 cites
Common questions
How many Manufacturing Services companies are there in Punjab, India?
Radar tracks 62 indexable Manufacturing Services companies headquartered in Punjab, India, India, that meet our profile-completeness bar.
What is the total funding raised by Manufacturing Services companies in Punjab, India?
The Manufacturing Services companies in Punjab, India on this list have raised a combined $0 in disclosed equity funding across 0 funded companies.
Which is the highest-funded Manufacturing Services company in Punjab, India?
Funding figures are not yet disclosed for Manufacturing Services companies in Punjab, India.
How many Manufacturing Services companies in Punjab, India are funded?
0 of the 62 Manufacturing Services companies in Punjab, India on this list have disclosed at least one equity funding round.
How many Manufacturing Services unicorns are there in Punjab, India?
None of the Manufacturing Services companies in Punjab, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Punjab, India Manufacturing Services companies?
The most active investors in Punjab, India Manufacturing Services companies on this list include Amrex Ventures, Baring Private Equity Partners, HDFC Mutual Fund.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.