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Top 10 Best Electronics Manufacturers in India 2024

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Top 10 Best Electronics Manufacturers in India 2024

India’s electronic industry has been going through a significant transformation over the past few years, driven by several factors that make the country a growing hub for electronic manufacturing. India’s electronics sector, buoyed by strategic policies and global manufacturing shifts post-COVID-19, has seen robust growth, notably becoming the world’s second-largest mobile phone producer. With a 26% CAGR, mobile production soared from 60 million units in 2015 to 310 million by 2022, supporting over 200 manufacturing units and employing 700,000, largely due to the Make in India initiative.

Bharat Electronics Limited

  • Location: Bangalore, Karnataka, India
  • Company Type: Public Sector Undertaking under the Ministry of Defence, India, in the electronics industry
  • Year Founded: 1954
  • The Number of Employees: 8,832
  • Main Product: Defense communication products, land-based radars, naval systems
  • Other Products: Electronic warfare systems, avionics, tank and armoured fighting vehicle electronic systems, electro-optics, weapon systems, C4ISR systems, shelters, and masts, simulators, batteries, components/devices

Profile:Bharat Electronics Limited (BEL) is a cornerstone in India’s defense electronics sector, with a rich history dating back to 1954. Based in Bangalore, Karnataka, this esteemed public enterprise has grown to become an indomitable force in manufacturing and supplying electronic products primarily for the Indian defense services, as well as other government organizations.

Products and Business: Bharat Electronics Limited does a lot of things. They design, develop, and manufacture a bunch of different products and services. They make defense communication systems and radars for the Indian military. They also make naval systems for maritime security.

Godrej & Boyce Manufacturing Company Limited

  • Location: Mumbai, Maharashtra, India
  • Company type: Diversified conglomerate
  • Year founded: 1897
  • The number of employees: 12,000+
  • Main product: Custom Engineering Solutions and Manufactured Goods
  • Other products: Home and office furniture, security solutions, electricals and electronics, and more

Profile: Godrej & Boyce Manufacturing Co. Ltd. was founded in 1897 and is the flagship company of the Godrej Group. It has a rich history that is rooted in India’s Swadeshi movement. The company has been at the forefront of innovation, from inventing the world’s first springless lock to becoming a conglomerate with a presence in 10 industries. Godrej & Boyce is committed to delivering sustainable value for its stakeholders and communities. It has a global presence, including in Europe, the U.S., the Middle East, Africa, and Southeast Asia.

Products and Business: Their portfolio includes complex and custom engineering solutions for critical industries such as aerospace and defense, alongside a broad array of consumer goods.

Bajaj Electricals Ltd.

  • Location: Mumbai, Maharashtra, India
  • Company type: Consumer Appliances and Lighting Solutions company, part of the Bajaj Group
  • Year founded: 1938
  • The number of employees: 2,406
  • Main product: Mixer grinders, ovens, electric cookers, fans,
  • Other products: Lighting, water purifiers, heaters, UPS, inverters, gas stoves, irons, non-electric kitchen appliances, and induction cookers

Profile: Bajaj Electricals Ltd. is a leading consumer electrical equipment manufacturing company in India. It is part of the Bajaj Group and has a strong presence in lighting, consumer durables, engineering, and projects.

Products and Business: Bajaj Electricals Ltd. manufactures and markets a comprehensive range of products serving the needs of both domestic and commercial customers. Our extensive portfolio covers everything from basic home appliances to sophisticated lighting solutions, catering to the evolving needs of our consumers.

Havells India Ltd.

  • Location: Noida, Uttar Pradesh, India
  • Company type: Electrical and electronic manufacturing
  • Year founded: 1983
  • The number of employees: 6,822
  • Main product: Electrical and electronic manufacturing, focusing on Fast Moving Electrical Goods (FMEG), including a vast range of industrial and consumer electrical products.
  • Other products: The company’s extensive product portfolio includes switches, switchgear, appliances, flexible cables, fans, lighting, water heaters, heavy-duty fans, professional lighting, cables, motors, switchgears, solar, and power quality solutions.

Profile: Havells is known for its quality and innovation. It owns several prestigious brands, including Crabtree, Standard, ROE, Havells, and Lloyd. These brands are known for their quality and market presence. Havells is known for its wide range of Fast Moving Electrical Goods (FMEG). This includes everything from lighting solutions and electrical equipment to a full range of home appliances.

Products and Business: Havells India is all about making and selling a whole bunch of electrical and electronic products for both industrial and consumer customers. They make and sell all kinds of switches, switchgear, appliances, and lighting stuff, and they sell it all under a bunch of different brand names.

Intex Technologies (India) Ltd.

  • Location: India
  • Company type: Consumer Electronics Manufacturer
  • Year founded: 1996
  • The number of employees: 300 distributors, 25000+ dealers, and 900+ service touch points across India.
  • Main product: Consumer Durables, IT Accessories
  • Other products: Speakers, Mobile Accessories, Personal Care Appliances, Medical Products

Profile: Intex Technologies was established in 1996 with the vision of improving the quality of life of Indians through technology-driven innovation. With a commitment to making technology accessible to every Indian, Intex has a vast distribution network across the country, including over 300 distributors, 25,000+ dealers, and numerous service touch points. The company’s foundation is deeply rooted in the Make-in-India initiative, boasting a state-of-the-art manufacturing facility in Jammu.

Products and Business: Intex Technologies was founded in 1996 with the vision of improving the quality of life of Indians through technology-driven innovation. With a commitment to making technology accessible to every Indian, Intex has a vast distribution network across the country, including over 300 distributors, 25,000+ dealers, and numerous service touch points. The company’s foundation is deeply rooted in the Make-in-India initiative, boasting a state-of-the-art manufacturing facility in Jammu.

Luminous Power Technologies Pvt. Ltd.

  • Location: Gurgaon, Haryana, India
  • Company type: Power and home electrical specialist
  • Year founded: 1988
  • The number of employees: 6,000
  • Main product: Power back-up solutions, including UPS and batteries
  • Other products: Solar applications, electrical offerings such as fans, LED lighting, switches, and wires

Profile: With over 34 years in the industry, Luminous has expanded its footprint beyond India, reaching over 36 countries worldwide. We pride ourselves on innovation and passion, aimed at enhancing customer delight through a dedicated focus on execution and teamwork. Over the years, we have demonstrated remarkable growth, driven by our commitment to quality and excellence. Our growth trajectory is supported by seven manufacturing units, more than 28 sales offices across India, and a robust presence in international markets.

Products and Business:Luminous Power Technologies has a bunch of different products that can help you with your power and electrical needs. They have a bunch of cool solar stuff that can help you save energy.

Exide Industries Ltd.

  • Location: Kolkata, West Bengal, India
  • Company Type: Manufacturing sector, specifically within the battery industry.
  • Year Founded: 1947
  • Number of Employees: 5,208
  • Main Product: Automotive batteries
  • Other Products: Industrial batteries, genset batteries, solar batteries, submarine batteries, inverter batteries, home UPS systems

Profile: Exide has a reputation for quality and reliability. They have manufacturing facilities in several Indian states and distribute their products both domestically and internationally. They cater to markets in Asia, the Middle East, Europe, Africa, and North America. They have a brand portfolio that includes well-recognized names such as Exide, SF Batteries, and Dynex. These names have become synonymous with excellence in the battery industry.

Products and Business: Exide Industries is a premier manufacturer of storage batteries in India, with a comprehensive product range that includes automotive, industrial, genset, solar, and submarine batteries, alongside inverter batteries and home UPS systems.

Yashna Circuits Pvt Ltd.

  • Location: Mumbai, Maharashtra, India
  • Company type: Electronics Manufacturing
  • Year founded: 1992
  • The number of employees: 7144
  • Main product: PCB (Printed Circuit Board) Manufacturing
  • Other products: PCB customization, PCBA assembly

Profile: Yashna Circuits Pvt Ltd is known for its significant contributions to the electronics manufacturing sector, especially in PCB manufacturing. Serving a wide range of customers, including prestigious names in India like BEL, Wipro, Tata Power, BPL Telecom, Electronumatic Hydraulic Ltd., and international clients like Smart Power, USA, and ClassD Design, UK, Yashna Circuits is known for its wide range of PCB products.

Products and Business: Circuit boards, multilayer panels, solar panels

Dixon Technologies India Ltd.

  • Location: Noida, Uttar Pradesh, India
  • Company Type: Electronics Manufacturing Services
  • Year Founded: 1993
  • The number of employees: 1000+
  • Main Activities: Electrical Equipment, Appliance, and Component Manufacturing
  • Other Products: Dixon Technologies is a leading manufacturer in the electronic manufacturing services (EMS) sector, providing design-focused solutions across various electronics categories including consumer durables, home appliances, lighting, mobile phones, and security devices. The company also extends services in repairing and refurbishment for a wide range of products like set-top boxes, mobile phones, and LED TV panels.

Profile: Started by Sunil Vachani in 1993, Dixon Technologies started by making 14-inch televisions and then expanded into a wide range of electronic goods, including Sega video game consoles, Philips video recorders, and push-button phones for Bharti Airtel. It is a contract manufacturer for many well-known brands, including Xiaomi, Samsung, Motorola, BoAt Lifestyle, Panasonic, TCL Technology, OnePlus, Godrej, Wipro Enterprises, Havells, Bajaj, HMD Global (Nokia), Syska, Philips, and LG Electronics, among others.

Products and Business: Dixon Technologies does a lot of stuff. They make home appliances, smartphones, laptops, TVs, set-top boxes, medical electronics, lights, and security surveillance systems.

Epsilon Electronics

  • Location: Ahmedabad, Gujarat, India
  • Company Type: Electronics Industry Manufacturing
  • Year Founded: 1983
  • Number of Employees: 30+
  • Main Product: Embedded software development, PCB design & manufacturing
  • Other Products: 3D design & printing solutions

Profile: Epsilon Electronics is all about making electronics. We do it fast, and we do it right. We make electronics for businesses and for people. We make software for electronics, we design and build circuit boards, and we make things in 3D.

Products and Business: With a strong focus on embedded hardware and software solutions, Epsilon Electronics serves a diverse range of sectors by leveraging cutting-edge technologies

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