Bawal has emerged as a hub for diverse industrial enterprises in recent years. Its strategic location and favourable business environment have attracted numerous companies spanning various sectors. These enterprises not only bolster the local economy but also influence the regional real estate market. It results in Bawal experiencing the ripple effect of industrial expansion, with escalating demand for industrial and commercial spaces, office facilities and residential properties.
The relationship between the corporate sector and real estate dynamics has transformed Bawal into an favorable destination for businesses and investors. This article will explore the top 10 companies in Bawal and discuss their significant impact on the local real estate sector.
See also: Top companies in Ludhiana
Business landscape in Bawal
The business landscape in Bawal located in Haryana, has rapidly evolved. Bawal has become an industrial hub, attracting numerous manufacturing and automotive companies. Its strategic location near Delhi and infrastructure development have been vital in this transformation. Bawal offers a favourable environment for businesses, fostering economic development and creating employment opportunities. This will make it a highly prominent player in India’s industrial sector.
Top Bawal companies list
Rane NSK Steering Systems
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub industry: Auto Ancillaries
Company type: MNC
Location: Jalalpur, Bawal, Haryana – 123501
Founded: 1995
Rane NSK Steering Systems, headquartered in Chennai, has been a driving force in the automotive industry since its foundation. With a robust portfolio serving various industry segments, including passenger vehicles, commercial vehicles, farm tractors, etc., the company’s excellence is evident in being the preferred OE manufacturer for global auto majors. It specialises in:
- Steering and suspension systems
- Friction materials
- Valve train components
- Occupant safety systems
- Light metal casting products
Musashi Auto Parts India
Company type: MNC
Location: Industrial Growth Center, Sector 7, Bawal, Haryana 123501
Founded: 2002
Musashi Auto Parts India, a subsidiary of Musashi Seimitsu Industries, Japan, is a technology-driven precision forging and machining leader. Serving both two-wheeler and four-wheeler OEMs, Musashi India is renowned for its transmission components. With a global presence, it offers end-to-end solutions from concept to product design, manufacturing, engineering, testing and validation. Its commitment to high-performance, critical and safety components has made it India’s largest manufacturer.
YKK India
Industry: Garment, Textile
Sub industry: Yarn, Fibre, Thread, Textile, Accessories
Company type: MNC
Location: Jaliawas, Bawal, Haryana – 123501
Founded: 1995
YKK, a global giant, is synonymous with fastening products. Beyond zippers, YKK’s expertise extends to aluminium architectural products, precision machinery, and die sets. Operating in 72 countries and regions, YKK’s impact on the world of fasteners is unparalleled. YKK India maintains a unique blend of Japanese and Indian talent and has positioned itself as leather in the industry. Emphasising a balance between work and life. This blend continues to the local real estate scenario and offers a glimpse into the corporate dynamics of Bawal.
Ahrestay India
Company type: MNC
Location: Growth Centre, Bawal, Haryana 123501
Founded: 2007
Ahrestay India, a subsidiary of Shimura Aluminum Corporation, focuses on manufacturing aluminium alloy ingots and die-cast products. Ahrestay has evolved into a significant die-cast manufacturer with a global presence. Its emphasis on research, service and technology has positioned it as a critical player in the automotive industry. With locations in India, the United States, Mexico, China and Thailand, Ahrestay caters to a global market. Its commitment to excellence and integrated production systems have garnered appreciation from automotive customers in India.
Asahi India Glass
Industry: Construction, Infrastructure, Coworking
Sub industry: Glass & Accessories
Company type: MNC
Location: Industrial Model Twp, Suthana, Bawal, Haryana – 123501
Founded: 1984
Asahi India Glass (AIS) is a leader in India’s glass solutions and manufacturing sector. With a diverse range of offerings, including automotive safety glass, float glass and architectural processed glass, AIS caters to various industries. Its market dominance is evident, with a 77.1% share in the Indian passenger car glass segment and a 20% share in the architectural glass segment. AIS’s commitment to innovation and sustainability is reflected in its comprehensive range of products and solutions.
Kansai Nerolac Paints
Industry: Chemical
Sub industry: Paints, Adhesives
Company type: MNC
Location: Hsiidc Growth Centre, Sector 7, Bawal, Haryana -123501
Founded: 1920
Kansai Nerolac Paints, based in Mumbai, is India’s largest industrial and third-largest decorative paint company. Kansai Nerolac’s journey from a relatively small paint company to an industry heavyweight reflects its commitment to innovation, quality and sustainability. The company’s role in the industrial and decorative paints segments impacts both the automotive and real estate sectors in Bawal.
NGK Spark Plugs (India)
Company type: MNC
Location: Industrial Model Twp, Bawal, Haryana – 123501
Founded: 2006
NGK Spark Plugs (India) is dedicated to providing world-leading Japanese technology in spark plugs, glow plugs and sensors. Established in 2006, the company caters to the growing demand for high-quality spark plugs from vehicle manufacturers and users in India. As a subsidiary of NGK Spark Plug, Japan, NGK Spark Plugs (India) contributes to reducing air pollution and advancing engine technology. Its dedication to quality, innovation and sustainability has made it a trusted partner for leading automotive manufacturers in India.
Talbros Automotive Components
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub industry: Auto Ancillaries
Company type: MNC
Location: Industrial Growth Centre, Bawal, Haryana – 123501
Founded: 1956
Established in 1956, Talbros Automotive Components has a global presence and a diverse product portfolio, from gaskets and heat shields to chassis and suspension systems. Talbros serves various automobile segments, including passenger vehicles, commercial vehicles, two-wheelers, etc. Catering to various automobile segments, Talbros has strategically partnered with global players, delivering best-in-class auto components. Its commitment to excellence and customer satisfaction drives its continued success.
Sankei Giken India
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub industry: Auto Ancillaries
Company type: MNC
Location: Industrial Estate, Jalalpur, Bawal, Haryana – 123501
Founded: 2003
Sankei Giken India, founded in 2003 in Bawal, specialises in manufacturing exhaust systems for two-wheelers and four-wheelers. Its commitment to quality and innovation has made it a major supplier for global brands such as Honda, Suzuki, Yamaha, etc. Sankei Giken’s role in the automotive components sector contributes to the local economy and influences real estate dynamics in the region.
Becton Dickinson India
Industry: Hospitals, Healthcare
Sub industry: Medical Equipments, Healthcare, Surgical Products
Company type: MNC
Location: Industrial Model Twp, Bawal, Asalwas, Haryana – 123501
Founded: 1995
Becton Dickinson (BD) company is a multinational medical technology company with a rich history of improving patient outcomes. Its offerings include medical devices, instrument systems, reagents and consulting services. Ranked among the Fortune 500 companies, BD’s presence in Bawal reflects its commitment to improving healthcare worldwide. The company’s medical research and diagnostics innovations impact the healthcare industry and the local real estate industry.
Commercial real estate demand in Bawal
- Office space: Companies in Bawal require substantial office space for their expanding teams. This surge in demand is leading to the development of modern office complexes and business hubs in Bawal, enhancing the city’s commercial infrastructure.
- Rental property: The influx of these companies has also bolstered the rental property market in Bawal. Property owners benefit from consistent demand for commercial spaces, resulting in competitive rental rates and boosted property values.
- Impact: As various companies continue to establish themselves in Bawal, the local real estate industry is evolving. It focuses on accommodating their unique requirements and contributing to the region’s economic growth.
Impact of companies in Bawal
The companies in Bawal have significantly impacted the region’s economy and employment arena. With the establishment of various industries, Bawal has witnessed substantial job creation and infrastructure development. These companies have not only contributed to the local economy but have also helped in skill development and technology transfer. However, their presence also raises environmental and social challenges, emphasising the need for sustainable practices and community engagement. Overall, the impact of companies in Bawal is a complex interplay of opportunities and responsibilities.
FAQs
What is Bawal known for in terms of businesses?
Bawal is known for hosting significant industrial hubs with numerous manufacturing companies.
Which industries are prominent in Bawal?
Prominent industries in Bawal include automotive, electronics and pharmaceuticals.
How has the industrial development in Bawal impacted the local economy?
Industrial development in Bawal has significantly boosted the local economy by creating jobs and driving economic growth.
What are the employment opportunities like in Bawal?
Bawal offers various industry employment opportunities, making it a thriving job market.
Can you name some of the well-known companies located in Bawal?
Some well-known companies include Rane NSK Steering Systems, Musashi Auto Parts India, YKK India, Ahrestay India, Asahi India Glass (AIS) and Kansai Nerolac Paints.
What types of products are manufactured by companies in Bawal?
Companies in Bawal manufacture a wide range of products, including automobiles, auto components, pharmaceuticals, etc.
What is the future outlook for companies operating in Bawal?
The future outlook for companies in Bawal is promising, with continued growth expected in multiple industries.
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