Electrical companies in Pune

In Pune, electrical companies have played a pivotal role in shaping its modern landscape. These companies are at the forefront of technological advancements, powering not only the city but also its booming real estate market. The demand for residential and commercial spaces equipped with cutting-edge electrical systems has surged, driving property development and enhancing the city’s real estate market. Pune’s status as an emerging tech and industrial hub is due to these electrical companies, making it a thriving destination for both businesses and residents.

 

Business landscape in Pune

Pune’s business landscape is thriving with diverse sectors. It’s a hub for IT and manufacturing companies, including automotive giants. This dynamic environment has created numerous job opportunities and attracted talent. Pune also boasts a strong educational sector, supporting research and development activities. The city’s strategic location and business-friendly policies continue to drive investments, making it a key player in India’s economic growth.

 

Top 10 electrical companies in Pune

 

GE India Industrial 

Industry: Electrical, Electronics, Batteries

Sub Industry: Electrical, Electronics

Company Type: MNC

Location: Baner, Pune, Maharashtra 411045

Founding Year: 1992

Established in 1992, GE India Industrial refers to the division of General Electric that focuses on various industrial sectors, including power generation, healthcare, aviation, and renewable energy, among others. It is involved in power generation equipment like gas turbines and steam turbines, healthcare devices such as medical imaging systems, aircraft engines, and renewable energy solutions like wind turbines.

 

Kirloskar Electric Company

Industry: Electrical, Electronics, Batteries

Sub Industry: Electrical, Electronics

Company Type: Industry Top

Location: Shivajinagar, Pune, Maharashtra 411005

Founding Year: 1946

Kirloskar Electric Company was founded in 1946 and is part of the Kirloskar Group, one of India’s well-known industrial conglomerates. The company is engaged in the design, manufacturing, and supply of a wide range of electrical and power generation products and solutions. These include electric motors, generators, transformers, and control equipment. It manufactures a variety of electric motors, including AC motors, DC motors, and specialised motors for various industrial applications.

 

CTR Manufacturing Industries 

Industry: Electrical, Electronics, Batteries, Power, Green Energy

Sub Industry: Electrical, Electronics, Power Infrastructure

Company Type: Industry Top

Location: Viman Nagar, Pune, Maharashtra 411014

Founding Year: 1964

CTR Manufacturing Industries was founded in 1964 and has since grown into a reputable player in the automotive and industrial sectors. The company is primarily engaged in the production of various automotive and industrial components. CTR offers a diverse range of products, like ball joints, tie rod ends, control arms, and stabiliser links, which are critical components in the suspension systems of vehicles.

 

Finolex Cables

Industry: Electrical, Electronics, Batteries

Sub Industry: Electrical, Electronics

Company Type: India’s Top 500

Location: Pimpri, Pune, Maharashtra 411018

Founding Year: 1956

Finolex Cables is one of India’s leading manufacturers of electrical and telecommunication cables. The company specialises in the manufacturing of a wide range of cables and wires, including power cables, building wires, industrial cables, and speciality cables used for various electrical applications. It manufactures communication cables for telecommunication and networking purposes, including fibre optic cables.

 

Cummins India 

Industry: Power, Green Energy, Engineering

Sub Industry: Machineries, Instruments, Designing & Services, Power Infrastructure

Company Type: India’s Top 500

Location: Balewadi, Pune, 411 045

Founding Year: 1962

Cummins India is a global leader in the design, manufacturing, distribution, and servicing of engines and related technologies. Cummins manufactures a range of diesel and natural gas engines for various applications, including automotive, industrial, power generation, and marine. It offers power generation solutions, including generators and related services, to provide backup and prime power to industries, commercial establishments, and residential complexes.

 

Bajaj Electricals

Industry: Consumer Durables, Home Appliances, Electrical, Electronics, Batteries

Sub Industry: Consumer Goods, Electrical, Electronics

Company Type: India’s Top 500

Location: Camp, Pune, Maharashtra 411001

Founding Year: 1938

Bajaj Electricals is a prominent Indian company known for its presence in the electrical and lighting industry. The firm provides a large selection of consumer electrical products, including fans, lighting solutions, kitchen appliances, and home comfort appliances like air coolers. It is involved in engineering and construction projects, including power transmission and distribution, illumination, and urban infrastructure development.

 

Thermax

Industry: Electrical, Electronics, Batteries, Power, Green Energy

Sub Industry: Electrical, Electronics, Power Infrastructure

Company Type: India’s Top 500

Location: Wakdewadi, Pune 411003

Founding Year: 1966

Thermax was founded in 1966 and is headquartered in Pune, Maharashtra. The firm provides a huge selection of goods and services, including boilers, absorption chillers, captive power plants, water and wastewater treatment solutions, and more. It serves various industries, including power, chemicals, textiles, pharmaceuticals, and more, both in India and globally. It offers electrical services related to the installation, maintenance, and optimisation of energy and environmental solutions. 

 

Suzlon Energy 

Industry: Electrical, Electronics, Batteries, Power, Green Energy

Sub Industry: Electrical, Electronics, Power Infrastructure

Company Type: India’s 501-1000

Location: Hadapsar, Pune, Maharashtra 411028

Founding Year: 1995

Suzlon Energy, headquartered in Pune, was founded in 1995 by Tulsi Tanti. In the wind power value chain, the company provides a wide range of services, including wind turbine design, production, installation, and maintenance. Suzlon is known for its global presence, supplying wind turbines and executing wind energy projects in various countries. 

 

Contrinex Automation 

Industry: Electrical, Electronics, Batteries, Engineering

Sub Industry: Machineries, Instruments, Electrical, Electronics

Company Type: MNC

Location:  Bhosari, Pune, Maharashtra 411026

Founding Year: 1972

Contrinex Automation is a Switzerland-based company specialising in industrial automation and sensor technology. Contrinex manufactures high-quality sensors and automation solutions for various industries, including automotive, logistics, food and beverage, and packaging. The company’s product portfolio includes a wide range of inductive, photoelectric, capacitive, and ultrasonic sensors, as well as safety and RFID systems.

 

Varroc Lighting Systems

Industry: Electrical, Electronics, Batteries, Automobile, Auto Ancillaries, Electric Vehicle & Dealers

Sub Industry: Electrical, Electronics, Auto Ancillaries

Company Type: MNC

Location: Baner, Pune, Maharashtra 411045

Founding Year: 2012

Varroc Lighting Systems is a renowned global company that specialises in automotive lighting solutions. Established in 2012 as a part of the Varroc Group, Varroc Lighting Systems design, develop, and manufacture innovative lighting products for the automotive industry. The company provides a wide range of lighting solutions, including headlights, tail lamps, fog lamps, and other exterior lighting components. 

 

Commercial real estate demand in Pune

Office spaces: The city’s thriving IT and business sectors have led to significant demand for office spaces, particularly in areas like Hinjewadi, Magarpatta, and Kharadi. Pune is home to numerous tech companies and startups, spurring the need for modern office facilities.

Rental properties: The demand for rental properties, both residential and commercial, has surged. Pune’s cosmopolitan nature and educational institutions attract students and professionals from across the country, contributing to a thriving rental market.

This surge in demand has had a notable impact on Pune’s real estate landscape. Property values have risen, making it an attractive destination for real estate investors. 

 

Impact of electrical companies in Pune

Electrical companies in Pune have had a profound impact on the city’s growth. They’ve powered its industries, homes, and infrastructure, fostering economic development and improving the quality of life. Additionally, their presence has driven demand for advanced electrical systems in real estate, making Pune a technologically advanced city.

 

FAQs

Which are the top electrical companies in Pune?

Some of the prominent names in the electrical sector in Pune are: GE Bajaj Electricals Cummins Finolex

What do electrical companies do?

Electrical companies specialise in the design, installation, maintenance, and repair of electrical systems and equipment, including wiring, lighting, power distribution, and electrical appliances. They provide electrical solutions for residential, commercial, and industrial properties to ensure safe and reliable electricity supply.

What is the GDP of Pune?

The GDP of Pune is $69 billion.

Is Pune the fastest-growing city?

Pune is one of the fastest-growing cities in India, marked by a rising number of high-rise buildings exceeding 100 metres in height.

How do electrical companies contribute to the GDP?

Electrical companies contribute to GDP by manufacturing and supplying electrical equipment and components used in various industries, infrastructure development, and households. Their products and services are essential for powering businesses, homes, and essential services, thereby contributing significantly to the economy.

Is Pune good for real estate?

Investing in Pune's real estate is a smart choice due to its cosmopolitan environment, scenic beauty, and strong growth and development.

Which is the best residential area in Pune?

5 Posh (best residential) areas in Pune to live in in 2023 are: Shivaji Nagar. Koregaon Park. Boat Club Road. Kothrud. New Kalyani Nagar

What licence do electrical companies require?

Electrical companies typically require licences such as an electrical contractor licence or an electrical supervisor licence to legally operate and perform electrical work. These licences ensure that the company and its employees meet safety and competency standards set by local authorities.

What are the benefits of hiring a professional electrical company in Pune?

Hiring a professional electrical company ensures safe and reliable electrical work, adherence to local building codes, and efficient solutions that can help save energy and reduce long-term maintenance costs. It also provides peace of mind, knowing that electrical work is done correctly and safely.

Do electrical companies manufacture home appliances, too?

Electrical companies may manufacture home appliances as part of their product offerings, but it depends on the specific company's focus and product range. Some electrical companies specialise in manufacturing electrical components and equipment, while others may diversify into home appliances and consumer electronics.

 

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 [email protected]