This list highlights the Top 10 electrical Component Manufacturing companies in India which have played a crucial role in the country’s infrastructure and economic development. These companies manufacture a wide range of electrical equipment, including power transformers, switchgear, home appliances, and industrial solutions.
Top 10 Electrical Companies in India
1. Bharat Heavy Electricals Limited (BHEL)
- Founded: 1964
- Ownership: Government of India
- Key Products: Power equipment, transformers, switchgear
- Presence: 16 manufacturing plants, operations in 83 countries
- Total Sales: ₹30,368 Cr
- Market Cap: ₹14,503 Cr
- Promoter Holding: 63.17%
2. Havells India Limited
- Industry: FMCG & Electrical Goods
- Key Products: Switchgear, cables, lighting, appliances
- Presence: Over 40 countries
- Total Sales: ₹10,073 Cr
- Market Cap: ₹38,544 Cr
- Promoter Holding: 59.50%
3. Siemens India
- Industry: Energy, Automation, Mobility
- Presence: 22 plants in India, 8 centers of expertise
- Key Projects: Smart grids, power distribution, automation
- Total Sales: ₹13,767 Cr
- Market Cap: ₹43,488 Cr
- Promoter Holding: 75.00%
4. ABB India Ltd
- Industry: Digital transformation, power & automation
- Key Products: Industrial automation, robotics, power grids
- Total Sales: ₹7,315 Cr
- Market Cap: ₹20,886 Cr
- Promoter Holding: 75.00%
5. Crompton Greaves Consumer Electricals Limited
- Industry: Consumer electronics
- Key Innovations: Anti-dust fans, anti-bacterial LED lamps
- Total Sales: ₹4,520 Cr
- Market Cap: ₹16,952 Cr
- Promoter Holding: 26.20%
6. Bajaj Electricals Limited
- Industry: Consumer appliances, EPC
- Presence: 20 branch offices, 500+ service centers
- Total Sales: ₹5,956 Cr
- Market Cap: ₹5,956 Cr
- Promoter Holding: 63.17%
7. Polycab Wires Private Limited
- Industry: Cables & Wires
- Total Sales: ₹8,830 Cr
- Market Cap: ₹13,267 Cr
- Promoter Holding: 68.55%
8. V-Guard Industries Ltd
- Industry: Electrical appliances & stabilizers
- Key Products: Voltage stabilizers, inverters, water heaters
- Total Sales: ₹2,566 Cr
- Market Cap: ₹7,186 Cr
- Promoter Holding: 62.73%
9. Finolex Cables Ltd
- Industry: Electrical & telecom cables
- Total Sales: ₹3,078 Cr
- Market Cap: ₹4,251 Cr
- Promoter Holding: 35.92%
10. Orient Electric Limited
- Industry: Lifestyle electrical solutions
- Key Products: Fans, lighting, switchgear, appliances
- Presence: 40+ countries
- Total Sales: ₹2,062 Cr
- Market Cap: ₹4,235 Cr
- Promoter Holding: 38.52%
Conclusion
These electrical giants contribute significantly to India’s economy, infrastructure, and employment generation. Their innovation, research, and strong market presence make them leaders in India’s electrical sector. Whether it’s power generation, consumer appliances, or industrial solutions, these companies continue to drive growth in India’s electrical industry.