Top 10 Manufacturing Companies in India

Top 10 Manufacturing Companies in India
Top 10 Manufacturing Companies in India

Top 10 Manufacturing Companies in India: Discover the leading players in India’s vibrant manufacturing sector. Our comprehensive list highlights the top 10 manufacturing companies, known for their innovation, quality, and industry impact. From heavy machinery and automotive to consumer goods and electronics, these companies are driving growth and setting benchmarks in the Indian market. Explore their achievements, market presence, and contributions to the economy. Whether you’re an investor, industry professional, or enthusiast, find out which companies are shaping the future of manufacturing in India.

India’s manufacturing sector has been a significant contributor to the country’s GDP, providing employment to millions and driving economic growth. Here, we take a look at the top 10 manufacturing companies in India that have played a crucial role in shaping the industrial landscape.

1. Tata Motors

Tata Motors - Top 10 Manufacturing Companies in India
Tata Motors – Top 10 Manufacturing Companies in India

Tata Motors, headquartered in Mumbai, is one of India’s largest automotive manufacturers. Founded in 1945, the company produces a wide range of vehicles, including passenger cars, commercial vehicles, and electric vehicles. Under the leadership of CEO Guenter Butschek, Tata Motors has a significant global market presence and is known for its innovative approach, particularly in electric vehicle technology.

AspectDetails
IndustryAutomotive
HeadquartersMumbai, Maharashtra
Founded1945
Key ProductsPassenger Cars, Commercial Vehicles, Electric Vehicles
CEOGuenter Butschek
Revenue₹296,917 crore (US$39 billion) (2023)
Market PresenceGlobal
Tata Motors – Top 10 Manufacturing Companies in India

Industry: Automotive
Headquarters: Mumbai, Maharashtra
Founded: 1945

Tata Motors is one of India’s largest automobile manufacturers, producing a range of vehicles from passenger cars to commercial trucks. Known for its innovation, Tata Motors has a strong presence in both domestic and international markets. The company is a pioneer in electric vehicle technology in India, with its popular models like the Tata Nexon EV.

2. Reliance Industries Limited (RIL)

Reliance Industries Limited (RIL) - Top 10 Manufacturing Companies in India
Reliance Industries Limited (RIL) – Top 10 Manufacturing Companies in India

Reliance Industries, a diversified conglomerate based in Mumbai, was founded in 1966 by Dhirubhai Ambani. It operates in sectors such as petrochemicals, refining, textiles, telecommunications, and retail. Chairman Mukesh Ambani has expanded RIL into a digital services powerhouse through Jio. The company boasts a global presence and the largest refining hub in the world at Jamnagar.

AspectDetails
IndustryDiversified (Petrochemicals, Refining, Textiles)
HeadquartersMumbai, Maharashtra
Founded1966
Key ProductsPetrochemicals, Refined Oil, Textiles, Digital Services
ChairmanMukesh Ambani
Revenue₹792,756 crore (US$105 billion) (2023)
Market PresenceGlobal
Reliance Industries Limited (RIL) – Top 10 Manufacturing Companies in India

Industry: Diversified (Petrochemicals, Refining, Textiles)
Headquarters: Mumbai, Maharashtra
Founded: 1966

Reliance Industries is a conglomerate with significant operations in petrochemicals, refining, oil, telecommunications, and retail. Its Jamnagar Refinery is the largest refining hub globally. Under the leadership of Mukesh Ambani, RIL has transformed into a digital services powerhouse through its Jio brand, impacting India’s telecom and digital landscape.

3. Larsen & Toubro (L&T)

Larsen & Toubro (L&T) - Top 10 Manufacturing Companies in India
Larsen & Toubro (L&T) – Top 10 Manufacturing Companies in India

Larsen & Toubro, established in 1938 and headquartered in Mumbai, is an Indian multinational involved in technology, engineering, construction, manufacturing, and financial services. CEO S.N. Subrahmanyan leads the company, which is renowned for its significant infrastructure projects and engineering expertise. L&T has a strong global presence and operates in various sectors, including power and defense.

AspectDetails
IndustryEngineering and Construction
HeadquartersMumbai, Maharashtra
Founded1938
Key ProductsEngineering, Construction, IT, Financial Services
CEOS.N. Subrahmanyan
Revenue₹160,377 crore (US$21 billion) (2023)
Market PresenceGlobal
Larsen & Toubro (L&T) – Top 10 Manufacturing Companies in India

Industry: Engineering and Construction
Headquarters: Mumbai, Maharashtra
Founded: 1938

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing, and financial services. Known for its engineering and infrastructure projects, L&T is a key player in various sectors, including hydrocarbon, power, and defense.

4. Mahindra & Mahindra

Mahindra & Mahindra - Top 10 Manufacturing Companies in India
Mahindra & Mahindra – Top 10 Manufacturing Companies in India

Mahindra & Mahindra, founded in 1945 and headquartered in Mumbai, is a major player in the automotive industry. The company, led by CEO Anish Shah, manufactures a range of vehicles, including SUVs, trucks, and tractors. Mahindra is also involved in agribusiness, aerospace, and IT. Its tractor division is the largest in the world by volume, emphasizing its impact on the agricultural sector.

AspectDetails
IndustryAutomotive
HeadquartersMumbai, Maharashtra
Founded1945
Key ProductsSUVs, Trucks, Two-Wheelers, Tractors
CEOAnish Shah
Revenue₹118,315 crore (US$15 billion) (2023)
Market PresenceGlobal
Mahindra & Mahindra – Top 10 Manufacturing Companies in India

Industry: Automotive
Headquarters: Mumbai, Maharashtra
Founded: 1945

Mahindra & Mahindra is a leading manufacturer of automobiles, including SUVs, trucks, and two-wheelers. The company is also involved in agribusiness, aerospace, and information technology. Mahindra’s tractor division is the largest in the world by volume, underscoring its significance in the agricultural sector.

5. Hindustan Unilever Limited (HUL)

Hindustan Unilever Limited (HUL) - Top 10 Manufacturing Companies in India
Hindustan Unilever Limited (HUL) – Top 10 Manufacturing Companies in India

Hindustan Unilever, headquartered in Mumbai, is the largest FMCG company in India. Founded in 1933, it offers a wide range of products in food, beverages, cleaning agents, personal care, and water purifiers. CEO Sanjiv Mehta leads the company, which generates substantial revenue and enjoys a dominant presence in Indian households with brands like Dove, Surf Excel, and Lipton.

AspectDetails
IndustryFast-Moving Consumer Goods (FMCG)
HeadquartersMumbai, Maharashtra
Founded1933
Key ProductsFood, Beverages, Cleaning Agents, Personal Care
CEOSanjiv Mehta
Revenue₹51,193 crore (US$6.8 billion) (2023)
Market PresenceIndia
Hindustan Unilever Limited (HUL) – Top 10 Manufacturing Companies in India

Industry: Fast-Moving Consumer Goods (FMCG)
Headquarters: Mumbai, Maharashtra
Founded: 1933

Hindustan Unilever is the largest FMCG company in India, known for its extensive range of products in categories such as food, beverages, cleaning agents, personal care, and water purifiers. Brands like Dove, Surf Excel, and Lipton have become household names across India.

6. Bharat Heavy Electricals Limited (BHEL)

Bharat Heavy Electricals Limited (BHEL) - Top 10 Manufacturing Companies in India
Bharat Heavy Electricals Limited (BHEL) – Top 10 Manufacturing Companies in India

Bharat Heavy Electricals, established in 1964 and headquartered in New Delhi, is India’s largest power generation equipment manufacturer. CEO Nalin Shinghal oversees the company, which designs, manufactures, and installs equipment for the power and industrial sectors. BHEL’s expertise spans thermal, gas, hydro, and nuclear power plants, playing a crucial role in India’s energy sector.

AspectDetails
IndustryElectrical Equipment
HeadquartersNew Delhi
Founded1964
Key ProductsPower Plant Equipment, Turbines, Generators
CEONalin Shinghal
Revenue₹20,671 crore (US$2.8 billion) (2023)
Market PresenceIndia, International
Bharat Heavy Electricals Limited (BHEL) – Top 10 Manufacturing Companies in India

Industry: Electrical Equipment
Headquarters: New Delhi
Founded: 1964

BHEL is India’s largest power generation equipment manufacturer. The company designs, manufactures, and installs products for the power and industrial sectors. Its expertise extends to thermal, gas, hydro, and nuclear power plants, making it a pivotal player in India’s energy sector.

7. Maruti Suzuki India Limited

Maruti Suzuki India Limited - Top 10 Manufacturing Companies in India
Maruti Suzuki India Limited – Top 10 Manufacturing Companies in India

Maruti Suzuki, headquartered in New Delhi, is India’s largest car manufacturer. A subsidiary of Suzuki Motor Corporation, it was founded in 1981. CEO Hisashi Takeuchi leads the company, which produces popular models like the Alto, Swift, and Baleno. Maruti Suzuki holds a significant market share in India, known for offering affordable and reliable cars.

AspectDetails
IndustryAutomotive
HeadquartersNew Delhi
Founded1981
Key ProductsPassenger Cars
CEOHisashi Takeuchi
Revenue₹104,062 crore (US$13.7 billion) (2023)
Market PresenceIndia
Maruti Suzuki India Limited – Top 10 Manufacturing Companies in India

Industry: Automotive
Headquarters: New Delhi
Founded: 1981

Maruti Suzuki is a subsidiary of the Japanese automaker Suzuki Motor Corporation. It is the largest car manufacturer in India, holding a substantial market share. Known for producing affordable and reliable cars, Maruti Suzuki’s models like the Alto, Swift, and Baleno are immensely popular among Indian consumers.

8. Hindalco Industries Limited

Hindalco Industries Limited - Top 10 Manufacturing Companies in India
Hindalco Industries Limited – Top 10 Manufacturing Companies in India

Hindalco Industries, part of the Aditya Birla Group, was founded in 1958 and is headquartered in Mumbai. CEO Satish Pai leads this major player in the aluminium and copper manufacturing sectors. Hindalco is one of the world’s largest aluminium rolling companies, with products used across various industries, highlighting its versatile manufacturing capabilities and global presence.

AspectDetails
IndustryMetals (Aluminium and Copper)
HeadquartersMumbai, Maharashtra
Founded1958
Key ProductsAluminium Products, Copper Products
CEOSatish Pai
Revenue₹185,995 crore (US$24.6 billion) (2023)
Market PresenceGlobal
Hindalco Industries Limited – Top 10 Manufacturing Companies in India

Industry: Metals (Aluminium and Copper)
Headquarters: Mumbai, Maharashtra
Founded: 1958

Hindalco, part of the Aditya Birla Group, is one of the world’s largest aluminium rolling companies and a major player in copper manufacturing. The company’s products are used in various industries, including automotive, construction, and packaging, highlighting its versatile manufacturing capabilities.

9. Grasim Industries Limited

Grasim Industries Limited - Top 10 Manufacturing Companies in India
Grasim Industries Limited – Top 10 Manufacturing Companies in India

Grasim Industries, founded in 1947 and headquartered in Mumbai, operates in textiles, cement, and chemicals. Part of the Aditya Birla Group, the company is led by CEO Dilip Gaur. Grasim is a leading global producer of viscose staple fibre and has significant operations in the cement industry through its subsidiary, UltraTech Cement, demonstrating its diverse industrial impact.

AspectDetails
IndustryDiversified (Textiles, Cement, Chemicals)
HeadquartersMumbai, Maharashtra
Founded1947
Key ProductsViscose Staple Fibre, Cement, Chemicals
CEODilip Gaur
Revenue₹91,809 crore (US$12.1 billion) (2023)
Market PresenceGlobal
Grasim Industries Limited – Top 10 Manufacturing Companies in India

Industry: Diversified (Textiles, Cement, Chemicals)
Headquarters: Mumbai, Maharashtra
Founded: 1947

Grasim Industries, another flagship company of the Aditya Birla Group, operates in diverse sectors such as textiles, cement, and chemicals. It is a leading global producer of viscose staple fibre and has significant operations in the cement industry through its subsidiary, UltraTech Cement.

10. Steel Authority of India Limited (SAIL)

Steel Authority of India Limited (SAIL) - Top 10 Manufacturing Companies in India
Steel Authority of India Limited (SAIL) – Top 10 Manufacturing Companies in India

SAIL, established in 1954 and headquartered in New Delhi, is one of India’s largest steel-making companies. CEO Soma Mondal leads the company, which operates five integrated steel plants. SAIL produces a wide range of steel products for both domestic and international markets, playing a vital role in India’s infrastructure development and industrial growth.

AspectDetails
IndustrySteel
HeadquartersNew Delhi
Founded1954
Key ProductsSteel Products
CEOSoma Mondal
Revenue₹96,329 crore (US$12.8 billion) (2023)
Market PresenceIndia, International
Steel Authority of India Limited (SAIL) – Top 10 Manufacturing Companies in India

Industry: Steel
Headquarters: New Delhi
Founded: 1954

SAIL is one of the largest steel-making companies in India and one of the Maharatna companies of the Indian government. It operates and owns five integrated steel plants, producing a wide range of steel products for the domestic and international markets. SAIL’s contributions are vital for infrastructure development and industrial growth in India.

Frequently asked questions (FAQs) and answers Top 10 Manufacturing Companies in India

1. Tata Motors

Q1: What types of vehicles does Tata Motors manufacture?
A1: Tata Motors manufactures a diverse range of vehicles, including passenger cars, commercial vehicles, buses, and electric vehicles. Notable models include the Tata Nexon EV and Tata Safari.

Q2: Where are Tata Motors’ manufacturing facilities located?
A2: Tata Motors has manufacturing plants in various locations across India, including Pune, Jamshedpur, Lucknow, and Sanand. The company also has international manufacturing facilities.

Q3: Who is the CEO of Tata Motors?
A3: The CEO of Tata Motors is Guenter Butschek.

2. Reliance Industries Limited (RIL)

Q1: What sectors does Reliance Industries operate in?
A1: Reliance Industries operates in multiple sectors, including petrochemicals, refining, oil and gas exploration, textiles, telecommunications, and retail.

Q2: What is the significance of the Jamnagar Refinery?
A2: The Jamnagar Refinery, operated by Reliance, is the largest refining hub in the world, processing millions of barrels of crude oil daily and producing a wide range of petroleum products.

Q3: Who is the Chairman of Reliance Industries?
A3: Mukesh Ambani is the Chairman of Reliance Industries.

3. Larsen & Toubro (L&T)

Q1: What types of projects does L&T handle?
A1: L&T is involved in a variety of projects, including infrastructure development, engineering, construction, defense, and technology solutions. The company undertakes large-scale projects in power, hydrocarbon, and civil engineering.

Q2: Where are L&T’s major offices located?
A2: L&T’s major offices are located in Mumbai, with additional offices and facilities across India and internationally.

Q3: Who is the CEO of L&T?
A3: The CEO of Larsen & Toubro is S.N. Subrahmanyan.

4. Mahindra & Mahindra

Q1: What are some popular vehicles produced by Mahindra & Mahindra?
A1: Mahindra & Mahindra is known for its SUVs, such as the Mahindra XUV700 and Mahindra Thar, as well as its tractors, which are among the largest-selling in the world.

Q2: In which sectors does Mahindra & Mahindra operate?
A2: Besides automotive, Mahindra & Mahindra operates in sectors including agribusiness, aerospace, IT, and financial services.

Q3: Who is the CEO of Mahindra & Mahindra?
A3: The CEO of Mahindra & Mahindra is Anish Shah.

5. Hindustan Unilever Limited (HUL)

Q1: What types of products does HUL offer?
A1: HUL offers a wide range of products in categories such as food and beverages, cleaning agents, personal care, and water purifiers. Popular brands include Dove, Surf Excel, and Lipton.

Q2: Where is HUL’s headquarters located?
A2: HUL’s headquarters is located in Mumbai, Maharashtra.

Q3: Who is the CEO of Hindustan Unilever Limited?
A3: The CEO of Hindustan Unilever Limited is Sanjiv Mehta.

6. Bharat Heavy Electricals Limited (BHEL)

Q1: What products does BHEL manufacture?
A1: BHEL manufactures equipment for power generation, including turbines, generators, transformers, and other electrical equipment used in thermal, hydro, and nuclear power plants.

Q2: Where are BHEL’s major facilities located?
A2: BHEL has manufacturing plants and facilities in various locations across India, including Bhopal, Haridwar, and Trichy.

Q3: Who is the CEO of BHEL?
A3: The CEO of Bharat Heavy Electricals Limited is Nalin Shinghal.

7. Maruti Suzuki India Limited

Q1: What are some of Maruti Suzuki’s best-selling models?
A1: Some of Maruti Suzuki’s popular models include the Alto, Swift, Baleno, and Dzire.

Q2: Where is Maruti Suzuki’s manufacturing facility located?
A2: Maruti Suzuki has manufacturing plants in Manesar and Gurgaon, Haryana.

Q3: Who is the CEO of Maruti Suzuki India Limited?
A3: The CEO of Maruti Suzuki India Limited is Hisashi Takeuchi.

8. Hindalco Industries Limited

Q1: What are the primary products of Hindalco?
A1: Hindalco primarily produces aluminium products, including rolled products, extrusions, and foils, as well as copper products used in various industries.

Q2: Where does Hindalco operate its manufacturing facilities?
A2: Hindalco has manufacturing facilities in locations such as Renukoot, Aditya (Orissa), and Muri (Jharkhand), with a global presence through subsidiaries.

Q3: Who is the CEO of Hindalco Industries?
A3: The CEO of Hindalco Industries is Satish Pai.

9. Grasim Industries Limited

Q1: What industries does Grasim Industries operate in?
A1: Grasim Industries operates in textiles, cement production, and chemicals, with a significant presence in viscose staple fibre and cement through its subsidiary UltraTech Cement.

Q2: Where is Grasim Industries headquartered?
A2: Grasim Industries is headquartered in Mumbai, Maharashtra.

Q3: Who is the CEO of Grasim Industries Limited?
A3: The CEO of Grasim Industries Limited is Dilip Gaur.

10. Steel Authority of India Limited (SAIL)

Q1: What types of steel products does SAIL produce?
A1: SAIL produces a wide range of steel products, including hot-rolled and cold-rolled sheets, long products, and special steel for various industrial applications.

Q2: Where are SAIL’s major steel plants located?
A2: SAIL operates five major steel plants in Bhilai, Durgapur, Rourkela, Bokaro, and IISCO (Burnpur).

Q3: Who is the CEO of Steel Authority of India Limited?
A3: The CEO of Steel Authority of India Limited is Soma Mondal.

Conclusion

These top 10 manufacturing companies in India have demonstrated resilience, innovation, and growth, contributing significantly to the country’s industrial development. They continue to expand their operations, adopt new technologies, and set benchmarks in their respective industries, driving India’s journey towards becoming a global manufacturing hub.