Radar · Manufacturing Services in Vadodara
Best Manufacturing Services Companies in Vadodara, India
The 51 best Manufacturing Services companies in Vadodara, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SEForge.
By Riya SenguptaFinancials
51companies tracked
$84.9Mdisclosed funding
0unicorns
2have raised
FLIAR INTELLIGENCE · MANUFACTURING SERVICES × VADODARA
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™
5Mcombined LinkedIn audience
98%of audience held by top 3
9companies hiring publicly (12 mo)
Ranked: Best Manufacturing Services companies in Vadodara
| # | Company | Disclosed funding | Revenue | Revenue YoY | Employees | Founded | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | L&T Technology Services Provider of software & AI development, cloud, cyber security, and engineering consulting services | — | $1.3B FY2025 | +10% | 15,321 | 2012 | Karim Khaled Co-Founder | 1 launch |
| 2 | Shiva Performance Materials Provider of toner resins and styrene metallic for the printing and packaging industries | — | $173M FY2025 | -44% | 142 142 → 77 (-46%) | 2013 | — | — |
| 3 | Rishi FIBC Solutions Rishi FIBC is a manufacturer and exporter of a wide range of commercial and industrial FIBC bags. | — | $138M FY2025 | — | 1,750 | 2007 | Joseph Fransis CEO | — |
| 4 | CSCI Provider of electric steel for motor, transformer, pump and electrical appliance | — | $132M FY2025 | +5% | — | 2012 | Yao Chen Managing Director | 1 job opening |
| 5 | Shaily Engineering Plastics Manufacturer of custom injection molded plastic products | — | $93M FY2025 | +21% | 873 | 1987 | Amit Sanghvi CEO & MD | — |
| 6 | Koshambh Manufacturer and exporter of food, textiles, agrochemicals, and auto parts | — | $65M FY2025 | — | 1,000 | 2003 | Bhaumik Jani CEO | — |
| 7 | SEForge Manufacturer of casting and forging products for multiple industries 57Market top 23%Funding top 36%Fin. health top 45%Growth bottom 45% All 8 signals ▾Markettop 23% Fundingtop 36% Fin. healthtop 45% Growthbottom 45% Talentbottom 45% Globalbottom 33% Techbottom 24% Newsbottom 22% Market: 420 employees (top 20% of Manufacturing Services) · Revenue ~$58.2M Funding: Raised $84.9M across 1 rounds · 1 rounds over 18 yrs (0.1/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $85M | $58M FY2025 | +1% | 420 | 2006 | Sunil Gupta CEO | — |
| 8 | Jaynix Producer & supplier of non ferrous electrical connectors & assemblies, sheet metal stampings, and other… | — | $53M FY2025 | +56% | 173 | 1981 | Nikhil Diwakar Managing Director | — |
| 9 | SEPL Cables Manufacturer of cables and wires | — | $52M FY2025 | +15% | — | 1983 | Bimal Desai CEO & Managing Director | — |
| 10 | Vilas Transcore Ltd Manufacturer of CRGO transformer lamination and cores for power and distribution transformers | — | $31M FY2022 | — | 313 | 1996 | — | — |
| 11 | HANNING MOTORS INDIA Company that offers a range of AC and three-phase motors, linear actuators, frequency inverters, fan drives… | — | $25M FY2025 | +4% | — | 2008 | Bernhardx Bernhard Sander CEO | — |
| 12 | Isko Strip Provider of metal processing services | — | $24M FY2025 | +12% | — | 2014 | — | — |
| 13 | Artee Flow Controls Provider of industrial valves, controllers, and solutions for complex process industries | — | $21M FY2025 | +15% | — | 2003 | Rajeev Shukla CEO | 1 job opening · 1 launch |
| 14 | Gujarat Infra Manufacturer of pipe fittings and piping spools, catering to key infrastructural sectors | — | $17M FY2025 | -22% | 175 | 2014 | Shantilal Mehta Founder | — |
| 15 | Pluga Manufacturer of submersible motor pumpsets | — | $16M FY2025 | +36% | — | 1987 | Falgun Desai CEO | 1 job opening |
| 16 | Ishan Equipments Provider of machinery, inspection equipment, and other manufacturing services | — | $15M FY2025 | +15% | 175 | 1983 | Jayant Panchal CEO | — |
| 17 | Baroda Hi-Tech Provider of steel castings, industrial alloys, and crusher bowl liners manufacturing services | — | $15M FY2025 | -6% | — | 1999 | Pothamparambil Mohanan CEO | — |
| 18 | G & L Profile and Equipments Provider of manufacturing solutions for aluminum dies and extrusion profiles | — | $14M FY2023 | +14% | — | 1993 | Latha Shivkumar Co-Founder | — |
| 19 | Satyam Composites Provider of FRP/GRP cable tray systems and solutions | — | $12M FY2025 | +41% | — | 1987 | Yash Siddhpura CEO | — |
| 20 | GD Waldner Provider of customized laboratory spaces and MEP solutions for optimizing operational efficiency and… | — | $11M FY2023 | — | 112 112 → 146 (+30%) | 1908 | Adhiraj Mayur Patel CEO | — |
| 21 | RajFilters Best Wire Mesh Manufacturers | #1 SS Wire Mesh Supplier | — | $11M FY2025 | +3% | — | 2003 | Husain Thanawala Owner | 1 job opening |
| 22 | Safeco Hygiene Films Manufacturer of PE films for various applications | — | $8M FY2025 | +30% | — | 2012 | Kapil Chandak Managing Director | — |
| 23 | New Field Provider of industrial equipments manufacturing services | — | $8M FY2025 | +78% | — | 2008 | Sumul Patel CEO & Managing Director | — |
| 24 | PML Manufacturer and supplier of injection & blow moulding machines | — | $8M FY2025 | +10% | — | 1978 | Mukesh Bhuva CEO | — |
| 25 | Goel Scientific Glass Works Manufacturer of glass reactors, extractors, couplings, evaporator, and heat exchangers | — | $6M FY2022 | — | 196 | 1977 | Hemant Goel Managing Director | — |
| 26 | Servilink Systems Provider of automation solutions for industrial, automobile, and manufacturing sectors | — | $6M FY2025 | -6% | 131 131 → 158 (+21%) | 1995 | — | 1 job opening |
| 27 | MadhuGroup Manufacturer of mold and machinery parts | — | $3M FY2025 | +14% | — | 1984 | Madhu Shah Founder | — |
| 28 | Cerec Metalform Manufacturer specializing in precision-engineered metal formed products, including dish ends, elbows, and… | — | $2M FY2025 | +18% | — | 2009 | Ashish Gandhi Owner & Managing Director | — |
| 29 | Chirayu Group Manufacturer and distributor of testing equipment | — | $2M FY2025 | +27% | — | 2012 | — | — |
| 30 | Elcen Elcen | EFFICIENT SOLUTION FOR PRIME MOVERS | — | $2M FY2025 | +2% | 91 91 → 55 (-40%) | 2001 | Dhankesh Patel-The Motor Man Of India Owner And Managing Director | 2 job openings |
| 31 | Quality RO Industries Manufacturer & supplier of polypropylene raw materials | — | $2M FY2025 | +20% | — | 2021 | Vivek Dholiya Managing Director | — |
| 32 | Vizebh Compositech Custom manufacturer of multi-faceted fiberglass and composites products | — | $1M FY2022 | -12% | — | 2013 | Pradeep Mahalik Founder | — |
| 33 | Elcon Engineers Provider of power system consulting and engineering services | — | $1M FY2025 | -14% | — | 1982 | Ranjan Bandyopadhyay CEO | 1 launch |
| 34 | Ruian Zhenjing Machinery Manufacturer of biodegradable bag making machines and other related equipment | — | $1M FY2025 | +28% | — | 2019 | Gurmeet Bhamra CEO | — |
| 35 | Trafosys Provider of cloud-based transformer design optimization software | — | $983K FY2025 | +14% | — | 2015 | Gopal Gupta Co-Founder | — |
| 36 | Krutam Retailer of gold, diamond, and polki jewellery, and certified solitaires | — | $482K FY2025 | +39% | — | 2005 | — | — |
| 37 | SBIPL Provider of thermal insulation, maintenance, scaffolding, and other services | — | $374K FY2025 | -45% | — | 2005 | — | — |
Top 2 Manufacturing Services companies in Vadodara
#1
Late Stage · Vadodara, Gujarat · founded 2006 · 420 employees$84.9Mraised▾
Late Stage · Vadodara, Gujarat · founded 2006 · 420 employees
Manufacturer and supplier of forging and casting products. The company's foundry unit has an in-house testing facility to produce castings like rotor hub, rotor shaft, mainframe, gearbox housing, gear rim and other components in different sizes, delivering wind, power, oil & gas, transportation, mining, construction, defense and aerospace industries with high-precision products.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Market
top 23%Funding
top 36%Fin. health
top 45%Growth
bottom 45%Talent
bottom 45%Global
bottom 33%Market: 420 employees (top 20% of Manufacturing Services) · Revenue ~$58.2M · Top 6% by revenue among 3366 tracked Manufacturing Services peers
Funding: Raised $84.9M across 1 rounds · 1 rounds over 18 yrs (0.1/yr) · Last round PE (Sep 2008)
Fin. health: Revenue ~$58.2M (FY2021) · Net margin 2.0% · Revenue +1% YoY
Audience (LinkedIn): 8k LinkedIn followers
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Sep 2008PE$84.9M
Founders & team
Investors
IDFC
Tech stack
PhpLitespeedHostingerHttp/3
#2
Public · Vadodara, Gujarat · founded 1987 · 873 employees—raised▾
Public · Vadodara, Gujarat · founded 1987 · 873 employees
Shaily Engineering Plastics is a listed company that manufactures molded plastic components for various industries. Its product offering includes switchgear, home appliances, electrical appliances, automotive components, and products for personal, home care, and healthcare industry. Clientele includes GE, Electrolux, Wockhardt, and Unilever, among others.
Funding rounds
- Aug 2021Post IPO—
- Mar 2012Post IPO—
Founders & team
Investors
Lighthouse, White Oak
Tech stack
CloudflareCloudflare Bot ManagementExpressGoogle AnalyticsGoogle Tag ManagerMicrosoft 365
Funding & investor landscape
$84.9Mtotal disclosed funding
1companies funded
1disclosed 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 SIGNALS · India
How research on Additive Manufacturing / 3D Printing is moving in India
A read on the academic research around Additive Manufacturing / 3D Printing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,449 India-affiliated papers.
research sentiment over time
201620212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 48% → 68% across 2016–2026.
top research entities
- Vellore Institute of Technology University112
- Saveetha University56
- Indian Institute of Technology Delhi53
- Indian Institute of Technology Madras52
- Chandigarh University50
leading researchers
Rupinder Singh · Ranvijay Kumar · Abid Haleem · Prashant K. Jain · Mohd Javaid · Harish Kumar · Raman Kumar · Balasubramanian Kandasubramanian
▲
Breakthroughs301 · 12%
▼ 15%→12% share
▼0.8× share momentum2 median citations80% since 2021mostly methods-led
Breakthroughs are cooling (15%→12% of field), led by 3d printed.
rising sub-themes (early→recent)
- 3d printed2→39
- Composite material1→33
- Nanotechnology1→27
- Fused deposition modeling3→22
- Mechanical engineering2→17
Newly emergingFabrication 0→38 · Extrusion 0→28 · Fused filament fabrication 0→16
Landmark Biobased Acrylate Photocurable Resin Formulation for Stereolithography 3D Printing · 268 cites
◆
Advancements1,422 · 58%
▲ 55%→59% share
▲1.1× share momentum3 median citations80% since 2021mostly empirical
Advancements are rising (55%→59% of field), led by Composite material.
rising sub-themes (early→recent)
- Composite material12→259
- Fused deposition modeling19→220
- 3d printed2→162
- Ultimate tensile strength7→148
- Mechanical engineering2→115
Newly emergingPolylactic acid 0→70 · Process engineering 0→47 · Alloy 0→38
Landmark A critical review on additive manufacturing of Ti-6Al-4V alloy: microstructure and mechanical properties · 539 cites
▼
Concerns236 · 10%
▼ 11%→10% share
▼0.9× share momentum5 median citations80% since 2021mostly reviews
Concerns are cooling (11%→10% of field), led by 3d printed.
rising sub-themes (early→recent)
- 3d printed1→41
- Fused deposition modeling3→30
- Composite material1→23
- Mechanical engineering1→18
- Composite number1→10
Newly emergingNanotechnology 0→29 · Manufacturing engineering 0→18 · Fabrication 0→14
Landmark Printability and Shape Fidelity of Bioinks in 3D Bioprinting · 1,166 cites
RESEARCH HOTSPOTS · India
Where additive manufacturing is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Delhi-NCR158 · +0.40
Chennai111 · +0.50
Pune66 · +0.48
Mumbai63 · +0.54
Bengaluru55 · +0.46
Hyderabad49 · +0.45
Kharagpur43 · +0.46
Roorkee23 · +0.40
Guwahati19 · +0.31
Kanpur17 · +0.44
PATENT SIGNAL · India
Who's filing additive manufacturing patents in India
India additive manufacturing patent filing is accelerating — 230 filings from 307 assignees (2016–2025), led by Fabheads Automation, Tata Consultancy Services, Agnikul Cosmos; annual filings 2→26.
230 filings307 assigneespeak 40/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Fabheads Automation32
- Tata Consultancy Services15
- Agnikul Cosmos11
- CSIR11
- Pandorum TECH10
- Indian Institute TECH Delhi10
- BONE Substitutes9
- Thinkmetal8
Common questions
How many Manufacturing Services companies are there in Vadodara, India?
Radar tracks 51 indexable Manufacturing Services companies headquartered in Vadodara, India that meet our profile-completeness bar.
What is the total funding raised by Manufacturing Services companies in Vadodara, India?
The Manufacturing Services companies in Vadodara, India on this list have raised a combined $84.9M in disclosed equity funding across 1 funded companies.
Which is the highest-funded Manufacturing Services company in Vadodara, India?
SEForge is the highest-funded Manufacturing Services company in Vadodara, India, with $84.9M in disclosed equity funding.
How many Manufacturing Services companies in Vadodara, India are funded?
1 of the 51 Manufacturing Services companies in Vadodara, India on this list have disclosed at least one equity funding round.
How many Manufacturing Services unicorns are there in Vadodara, India?
None of the Manufacturing Services companies in Vadodara, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Vadodara, India Manufacturing Services companies?
The most active investors in Vadodara, India Manufacturing Services companies on this list include Fairbridge Capital, IDFC, Lighthouse, White Oak.
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.