Mumbai, the thriving centre of India’s financial landscape, comprises a wide range of companies operating in many sectors. The business world and the real estate market coexist in this vibrant metropolis. As a result of the city’s continuous expansion, numerous electrical companies have emerged, each of which has had a substantial impact on the economy. These businesses not only fuel the city but also help transform Mumbai’s ever-changing skyline.
See also: Textile industry in Mumbai
Business landscape in Mumbai
At its core, the city hosts a burgeoning financial sector, with the presence of the Bombay Stock Exchange (BSE). Additionally, Mumbai is home to a robust electrical as well as IT and technology sector, attracting both domestic and international giants. The city’s bustling port, one of the largest in the country, underlines its prominence in logistics and shipping. Mumbai also thrives in the entertainment and film industry. Furthermore, manufacturing, pharmaceuticals, and the hospitality sector contribute significantly to the city’s economic tapestry.
Top 10 electrical companies in Mumbai
BHEL
Industry: Electricity
Company Type: Government
Location: World Trade Centre No 1, Cuffe Parade, Colaba, Mumbai-400005, Maharashtra
Founded in: 1964Â
Bharat Heavy Electricals (BHEL) is a leading innovator in India’s power industry. It focuses on designing, engineering, producing and maintaining a variety of power and industrial equipment. BHEL contributes significantly to the nation’s energy infrastructure, from power production units to transmission lines.
Adani Electricity
Industry: Electricity
Company Type: Private
Location: Reliance Centre, Ground Floor 19, Walchand Hirachand Marg, Ballard Estate, Mumbai-400001, Maharashtra
Founded in: 1995
Adani Electricity is an Indian energy corporation that has made significant contributions to the electricity sector. It is a part of the conglomerate Reliance Industries and engages in a variety of fields, including thermal, solar and hydroelectric power generation. The firm, with its dedication to sustainable and innovative energy solutions, plays a critical role in India’s goal of energy self-sufficiency and environmental stewardship.
Tata Power
Industry: Electricity
Company Type: Public
Location: Bombay House 24, Homi Mody Street Mumbai-400001, Maharashtra
Founded in: 1919
Tata Power, a significant organisation within the Tata Group, is India’s foremost integrated power corporation. It has been instrumental in influencing the nation’s energy environment for over a century. The firm is well-known for its wide portfolio, which includes thermal, renewable and transmission assets, as well as its persistent dedication to sustainable power solutions.
L&T Electrical & Automation
Industry: Electrical goods
Company Type: Private
Location: 7th Floor, TC-II, Tower B, Prima Bay, Gate No.5, Saki Vihar Road, Powai, Mumbai-400072, Maharashtra
Founded in: 2007
L&T Electrical & Automation, a subsidiary of Larsen & Toubro Limited, stands as a prominent player in the field of electrical and automation solutions. It offers a comprehensive array of cutting-edge products and services, ranging from power distribution and control systems to automation solutions tailored for various sectors. Known for its commitment to quality and innovation, the company plays a pivotal role in shaping the electrical landscape of not just Mumbai but the broader industrial spectrum of India.
Havells India
Industry: Electrical goods
Company Type: Indian MNC
Location: Lodha iThink Nehru Nagar, Kanjurmarg East, Mumbai-400042, Maharashtra
Founded in: 1958
Havells India is a prominent name in the electrical sector, known for delivering innovative and high-end products. This Indian multinational firm has developed since its establishment into a dominant force in the industry. Havells is widely recognised for its extensive selection of electrical items, which includes lights, fans, switches and several other household and commercial goods.
Bajaj Electricals
Industry: Electrical goods
Company Type: Public
Location: Veer Nariman Road, Fort, Mumbai-400023, Maharashtra
Founded in: 1943
This Indian business has made a name for itself in the electrical industry and is synonymous with dependability and quality. The firm provides an extensive range of goods, including fans, household appliances, lighting solutions, and more. With an emphasis on innovation and customer satisfaction, the firm has continually provided goods that meet the unique demands of Indian customers.
Panasonic Life Solutions
Industry: Electrical goods
Company Type: Private
Location: 5th Floor, Sahara Plaza Complex, Windfall Building, J B Nagar-Andheri East, Mumbai-400059
Founded in: 1963
Panasonic Life Solutions India, formerly known as Anchor Electricals, functions as a wholly-owned subsidiary of Panasonic Corporation. To meet the changing demands of the industry, their broad range of products includes a variety of electrical equipment, from wiring devices to lighting fixtures.
Polycab India
Industry: Electrical goods
Company Type: Private
Location: 21st Floor, Senapati Bapat Marg, Dadar West, Mumbai-400028, Maharashtra
Founded in: 1996
Polycab India is a significant electrical product manufacturer in India, consolidating its place as an industry leader. Wires, fans, cables, lighting solutions, switches, solar goods, switchgear, as well as conduits and accessories, are all part of the company’s vast product offering. Polycab’s solutions find applications throughout several sectors, catering to a varied customer that includes residential, commercial and industrial users.
Orient Electric
Industry: Electrical goods
Company Type: Public
Location: Unit No.101, First Floor, A-Wing, Lotus Corporate Park, Off Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra
Founded in: 1954Â
Orient Electric, a division of the well-known CK Birla Group, is a major player in India’s electrical and consumer products industries. Orient Electric provides a wide range of electrical solutions, such as fans, lights, home appliances, and more, to both residential and commercial clients. Orient Electric has established itself as a trusted brand in the industry, bringing comfort, convenience and style to millions of families throughout India.
Wipro Consumer Care
Industry: Electrical goods
Company Type: Private
Location: Lotus Co Park, Shri Ram Mandir Road, Hanuman Nagar, Laxmi Nagar, Goregaon, Mumbai-400063, Maharashtra
Founded in: 1945
Wipro Consumer Care, an offshoot of the notable Wipro Group, is an industry leader in fast-moving consumer goods (FMCG). This Indian multinational corporation has grown into a well-known brand in personal care, home care and lighting commodities. With a strong emphasis on innovation and customer-centricity, Wipro Consumer Care caters to a diverse clientele across multiple countries.
Siemens
Industry: Electronics Manufacturing
Company Type: MNC
Location: Wadala, Mumbai-400031, Maharashtra
Founded in: 1847
Siemens AG (Siemens) is a technology company engaged in electrification, automation and digitalisation. It designs, develops and manufactures products and installs complex systems and projects. Siemens offers customised solutions for individual requirements and focuses on power generation and distribution, and intelligent infrastructure for buildings and distributed energy systems. Siemens and affiliated companies provide private customers with a diverse product portfolio, including electrical installation systems, home automation, security systems, hearing instruments and investment funds.
Emerson Electric
Industry: Electronics Manufacturing
Company Type: MNC
Location: Chakala Andheri E, Mumbai-400093, Maharashtra
Founded in: 1890
Emerson is a leading industry player, which provides a portfolio of reliable tools, connected equipment and software technologies for those in mechanical, electrical and plumbing trades. It offers a wide selection of products such as generators and pressure washers to power and hand tools to drain cleaning equipment in the commercial, industrial and energy markets.
ABB
Industry: Electronics Manufacturing
Company Type: MNC
Location: Ballard Estate, Fort, Mumbai-400001, Maharashtra
Founded in: 1988
ABB is a leading global engineering company that focuses on building a sustainable future. ABB helps connect software to its electrification, robotics, automation and motion portfolio, driving performance to new levels The company has a complete portfolio of industrial technology products for customers in utilities, industry, transport and infrastructure.
Panasonic
Industry: Electronics Manufacturing
Company Type: MNC
Location: Khar West, Mumbai-400052, Maharashtra
Founded in: 1918
Panasonic Life Solutions India is a diversified technology company that provides solutions to enrich people’s lives at home and work for over a century. It is a worldwide leader in the development of home appliances, industrial devices, automotive, lifestyle and connected solutions.
Commercial real estate demand in MumbaiÂ
Office space
The increase of electrical enterprises in Mumbai has triggered greater demand for office space, creating the demand for larger accommodations for their expanding workforce. This, in turn, is leading to a proliferation of fresh office structures and the emergence of thriving business hubs across the city.
Rental property
The presence of electrical firms has transformed Mumbai’s rental housing market. Property owners have benefited from a consistent demand for commercial spaces, which has resulted in competitive rental rates and an increase in property valuations.
Impact
Growing demand for office space and rental properties in Mumbai has led to significant developments. This outcome is not only promoting corporate growth but also laying the road for well-rounded communities where people can easily live, work and access facilities.
Impact of the electrical companies on Mumbai
Mumbai’s real estate market has significantly improved as a result of the strong presence of electrical firms. Due to this, demand has increased dramatically and property values have been steadily rising. Mumbai is fostering economic growth and job possibilities because of these businesses’ consistent success and progressive business practices. Mumbai is also leading the creation of contemporary living and working spaces across the cityscape.
FAQs
Which is the No. 1 electrical company in India?
BHEL is recognised as India’s leading electrical company in India.
Which was the first electrified building in Mumbai?
The Taj was the first building to be electrified in Mumbai.
What is the average electricity tariff in Mumbai?
Mumbai's energy rates vary based on your usage and the provider. For residential customers, it typically varies from Rs four to Rs eight per unit.
Which city is known as the electric city of India?
Bangalore is known as the 'Electronic City of India'.
Which state is the largest source of electricity in India?
In terms of installed energy production capacity in India, Maharashtra stands at the top.
Who controls electricity in Mumbai?
The Mumbai-based Maharashtra Electricity Regulatory Commission (MERC) is the governing body in charge of overseeing various safety and regulatory operations in Maharashtra.
What is the power demand in Mumbai?
Mumbai's peak electricity consumption has reportedly hit 4,129 MW and is expected to surpass 5,000 MW by 2025, according to sources.
How can I disconnect my electricity service temporarily?
You can contact the customer service centre to seek a temporary disconnect.
Can I install a solar power system in my residence in Mumbai?
Yes, you can install a solar power system in your residence.
Can I switch my electricity provider in Mumbai?
Yes, Mumbai consumers may pick their electrical supplier, this is subject to certain requirements and availability in particular locations.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
