Several of the biggest capital goods firms in the world are based in India. This guide includes a list of the top players in this market and an analysis of their effects on the national real estate market.
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India’s Leading Capital Goods Firms
1. India's Leading Capital Goods Firms
Several of the biggest capital goods firms in the world are based in India. This guide includes a list of the
top players in this market and an analysis of their effects on the national real estate market.
Top capital good companies in India
Larsen & Toubro
Industry- Infrastructure, engineering, construction, and financial services
Sub-industry- Construction, infrastructure, manufacturing
Company type- Public limited
Location- L & T House Ballard Estate Mumbai MH 400001
Founding date- 1946
L&T is a pioneer in the building and engineering sectors in addition to having a significant presence in
the production of commodities, technology, and financial services. L&T has a track record of
performance and delivery. Some of the most intricate and challenging projects in India have been
completed by it, including the Delhi Metro, Mumbai Metro, and Jawaharlal Nehru Port Trust.
Additionally, L&T exports a sizable quantity of engineering and construction services.
Bharat Heavy Electricals
Industry- Electrical and electronics
Sub-industry- Capital goods
Company type- Public sector undertaking
Location- Bhel House Siri Fort New Delhi DL 110049
Founding date- 1964
2. It is the largest producer of power production equipment in India as well as among the largest producers
worldwide. BHEL also manufactures a wide range of other electrical and electronic products, including
consumer goods, vehicles, and industrial machinery.
Thermax
Industry- Engineering
Sub-industry- Energy and equipment
Company type- Public listed
Location- 14 Mumbai-Pune Road Wakdewadi, Pune 411003.
Founding date- 1980
Among the products and services offered by the firm are boilers, steam turbines, water treatment
facilities, air pollution monitoring systems, and waste heat recovery systems. Among the numerous
advantages that Thermax offers are project management, design and construction, as well as
maintenance and upkeep.
Bharat Forge
Industry- Automotive, aerospace, and industrial
Sub-industry- Forgings, machining, and assemblies
Company type- Public limited
Location- Pune Cantonment, Mundhwa Pune – 411 036
Founding date- 1961
Bharat Forge is a global leader in the forging industry, capable of producing over a million tonnes of
forgings each year. The company has significant machining capabilities in addition to its more than 1000
machining centres. Among the various products it manufactures are engine blocks, axles, hydraulic
components, crankshafts, camshafts, and aerospace parts.
AIA ENG
Industry- Engineering
Sub-industry- Capital goods
Company type- Public limited
Location- Bodakdev, Ahmedabad 380054
Founding date- 1991
AIA Engineering Limited (AIA ENG) is the leading manufacturer of capital goods in India. The firm
manufactures a broad range of products, including electrical equipment, heavy machinery, and machine
tools. The industries that employ AIA ENG's equipment include infrastructure, oil and gas, and power
generation.
3. KEC International
Industry- Engineering, procurement, and construction
Sub-industry- Power transmission and distribution, railways, civil
Company type- Public limited
Location- Belavadi Post, Mysore – 570018.
Founding date- 1945
Leading global EPC KEC International has finished well-known infrastructure projects in more than 100
countries. The company has a track record of completing difficult projects on time and under budget.
KEC International's parent business is the RPG Group, one of the biggest industrial conglomerates in
India. The company designs, manufactures, and installs substations and transmission and distribution
power lines.
Cummins India
Industry- Industrial
Sub-industry- Engines and power generation
Company type- Publicly traded
Location- Navi Mumbai, Maharashtra 400614
Founding date- 1962
Cummins India is a major producer of natural gas and diesel engines in the country. The company also
manufactures and sells power generation equipment, filtration systems, and engines. Among the sectors
that employ Cummins India's products include power generation, construction, mining, agriculture, and
off-road vehicles.
ABB India
Industry- Electrical
Sub-industry- Industrial automation, power systems, and electrification
Company type- Public
Location- Peenya, Bengaluru, Karnataka 560058
Founding date- 1949
ABB India is a leading supplier of power and automation technologies, assisting clients in the utility,
industrial, transportation, and infrastructure sectors to operate more efficiently with less adverse
environmental impact. The organization's solutions are crucial to guaranteeing a sustainable future.
Suzlon Energy
Industry- Renewable energy
Sub-industry- Wind energy
4. Company type- Public limited
Location- Hadapsar, Pune 411028
Founding date- 1995
Suzlon Energy is a global leader in wind energy solutions. Among the various products and services
offered by the company are wind farms, turbines, and maintenance services. Operating in over 20
countries, Suzlon Energy has installed over 20,000 MW of wind turbines globally.
Kalpataru Power Transmission
Industry- Power generation, transmission
Sub-industry- Power transmission and distribution
Company type- Public limited
Location- Andheri West, Mumbai, Maharashtra 400058
Founding date- 1981
The company has a track record of completing difficult projects on time and under budget. KPTL
provides a range of projects, such as subterranean cables, overhead power lines, switchyards, and
substations. KPTL projects have been completed in more than 20 countries in South America, Africa, the
Middle East, and Asia.
CG Power and Industrial Solutions
Industry- Electrical equipment and heavy machinery
Sub-industry- Power generation, transmission, and distribution
Company type- Public Company
Location- Chamrajpet, Bengaluru, Karnataka 560018
Founding date- 1937
Prestigious Indian company A wide range of electrical and heavy mechanical products are
manufactured by CG Power and Industrial Solutions (CGP). The company's equipment is used by a
number of industries, including industrial manufacturing, railroads, distribution and transmission,
and power production. Product reliability and exceptional quality are widely recognised attributes of
CGP. The company values research, development, and innovation highly.
Bharat Electronics
Industry: Defense
Sub-industry: Aerospace & Defense
Company Type: Public Sector Undertaking (PSU)
Founding Date: 1954
Location: Coimbatore, Tamil Nadu (Pin Code: 641046)
5. Major provider of electronic systems and supplies to the aerospace, marine, and telecom industries is
Bharat Electronics. The business is essential to supporting India's defence technological independence.
Finolex Cables
Industry: Electrical Equipment
Sub-industry: Electrical Components & Equipment
Company Type: Public
Founding Date: 1958
Location: Pune, Maharashtra (Pin Code: 411005)
Finolex Cables has made eco-friendly production practises a priority and places a high value on
sustainability. In the electrical business, it is a reputable brand that is well-known for its superior wires
and cables.
Carborundum Universal
Industry: Industrial Goods
Sub-industry: General Industrial Equipment
Company Type: Public
Founding Date: 1954
Location: Chennai, Tamil Nadu (Pin Code: 600098)
A well-known corporation, the Murugappa Group, includes Carborundum Universal. The firm is globally
present and specialised in abrasives, ceramics, and refractories, catering to a variety of sectors such as
steel, aerospace, and automotive.
Apar Industries Ltd
Industry: Industrial Goods
Sub-industry: Diversified Machinery
Company Type: Public
Founding Date: 1958
Location: Mumbai, Maharashtra (Pin Code: 400002)
It is acknowledged that Apar Industries Ltd. is dedicated to R&D and innovation. It contributes
considerably to the development of India's infrastructure by operating in a variety of segments and
providing solutions in the areas of conductors, specialty lubricants, and power transmission.
Havells India
Industry: Electrical Equipment
6. Sub-industry: Electrical Components & Equipment
Company Type: Public
Founding Date: 1958
Location: Noida, Uttar Pradesh (Pin Code: 201305)
Havells India offers a wide selection of products, including cutting-edge lighting and electrical solutions,
all supported by a steadfast dedication to both customer satisfaction and quality. Within Indian homes
and enterprises, the corporation is a representation of trust.
Siemens Ltd
Industry: Industrial Conglomerates
Sub-industry: Diversified Industrials
Company Type: Public
Founding Date: 1957
Location: Mumbai, Maharashtra (Pin Code: 400013)
Leading the way in technical innovation, Siemens Ltd. offers automation, digitization, and smart
infrastructure solutions. It works with many different industries, which helps India's industrial landscape
expand.
Adani Green Energy
Industry: Renewable Energy
Sub-industry: Renewable Energy Generation
Company Type: Public
Founding Date: 2015
Location: Ahmedabad, Gujarat
With an emphasis on lowering carbon emissions and advancing clean energy sources, Adani Green
Energy is dedicated to sustainable energy practises. It has made a name for itself as a major force in
India's renewable energy industry.
Tata Siemens Ltd
Industry: Industrial Conglomerates
Sub-industry: Diversified Industrials
Company Type: Joint Venture (Tata Group and Siemens AG)
Founding Date: Joint venture formed in 1984
Location: Mumbai, Maharashtra
7. Tata Siemens Ltd. blends the robust industrial heritage of the Tata Group with the worldwide technical
competence of Siemens. It facilitates India's economic development by offering state-of-the-art
technological solutions.
BEML Limited
Industry: Machinery
Sub-industry: Construction & Farm Machinery
Company Type: Public Sector Undertaking (PSU)
Founding Date: 1964
Location: Bangalore, Karnataka (Pin Code: 560027)
India's mining equipment and infrastructure manufacturing sector is anchored by BEML Limited. Its
sturdy equipment has played a key role in the advancement of important infrastructure projects.
Adani Green Energy
Industry: Renewable Energy
Sub-industry: Renewable Energy Generation
Company Type: Public
Founding Date: 2015
Location: Ahmedabad, Gujarat
Being a pioneer in the field of renewable energy, Adani Green Energy actively participates in sustainable
initiatives, supporting India's attempts to lower its carbon footprint and switch to greener, more
sustainable energy sources.
Voltas Ltd
Industry: Electrical Equipment
Sub-industry: Electrical Components & Equipment
Company Type: Public
Founding Date: 1954
Location: Mumbai, Maharashtra (Pin Code: 400010)
Renowned for its cooling solutions, Voltas Ltd. also offers engineering and electrical solutions as part of
its product line. In maintaining pleasant workplaces and improving industrial processes, the organisation
is a trustworthy partner.
Bharat Forge
Industry: Machinery
8. Sub-industry: Industrial Machinery
Company Type: Public
Founding Date: 1961
Location: Pune, Maharashtra (Pin Code: 411019)
The precision engineering and sophisticated manufacturing skills of Bharat Forge are applicable to
several industries, including oil and gas, automotive, and aerospace. Regarding essential parts and
solutions, the corporation is a reliable brand.
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9. Demand for commercial real estate in India
Office space: The Indian capital goods sector has a very high need for office space. This is because
enterprises that manufacture capital goods may have large workforces and need a large amount of
office space to support their operations.
Rental property: There is a considerable demand for capital goods in the Indian market. This is because
many businesses that deal in capital goods would rather lease real estate than own it outright. As a
result, they may be more flexible and change the scale of their business as needed.
Impact: The Indian real estate market is gaining from the capital goods industry's high demand for
commercial real estate. Along with increasing rental costs and property values, it also promotes new
development projects.
Capital-good companies' effects in India
The Indian economy depends heavily on businesses that produce capital goods. They manufacture the
machinery and equipment needed for a variety of sectors, such as manufacturing, railway operation,
and the production, distribution, and transmission of power. In addition to their economic power,
capital goods businesses also have a significant social impact. By ensuring that every Indian has access to
the facilities and services they need, they raise everyone's standard of living in the country and provide
jobs for people from all backgrounds.