In recent years, India’s electronics manufacturing industry has seen remarkable growth, driven by government initiatives such as Make in India and Digital India. This surge has not only attracted substantial investments and generated employment opportunities but has also contributed to the transformation of the real estate market.
This sector plays a pivotal role in India’s economic growth and development. With a growing demand for electronic goods, small-scale manufacturers have emerged and increasing demand for industrial and commercial spaces has created a ripple effect. It drives additional office spaces, research and development centres and corporate offices alongside the ever-present demand for residential properties. As a result, India’s real estate sector is poised for continued prosperity in the year ahead. This article explores the compilation of companies contributing to making the city a one-stop destination for electronics industries.
See also: Top Indian hardware companies
Business landscape in India
India’s business landscape notably attracted global electronics firms and thriving industries like IT, pharmaceuticals, and renewable energy. Despite unique challenges like regulatory complexities and intense competition, India offers diverse technology, manufacturing, and service opportunities. India is now home to several prominent electronics manufacturers, producing a wide range of high-quality products, including
- Smartphones
- Laptops
- Televisions
- Home appliances.
With a youthful workforce and a growing consumer market, India remains an appealing destination for domestic and international businesses seeking growth.
Top 14 electronics companies in India
Bosch
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub Industry: Auto Ancillaries
Company Type: MNC
Location: Bangalore / Bengaluru / Karnataka – 560030
Founded in: 1886
Bosch is a renowned electronic company in India with a rich history dating back to 1886. Headquartered in Bangalore, it offers reliable electronic products and services, contributing to various sectors, including entertainment and automotive. Bosch employs dedicated engineers and developers committed to producing top-quality electronics. Stringent testing ensures the reliability and safety of their offerings, making Bosch a trusted choice for consumers and a great career option for electronics engineers.
Key Achievements:
- Leading supplier of automotive components in India, known for innovation in electronic control units (ECUs) and sensor technologies.
- Significant investment in R&D centers in India, contributing to advancements in automation, IoT (Internet of Things), and industrial electronics.
Contribution to Electronics:
- Bosch has a strong presence in automation and industrial electronics, providing solutions for industries such as automotive, energy, and manufacturing.
- Plays a key role in smart manufacturing with its electronics for automotive and industrial use, integrating technologies like AI and IoT.
Bajaj Electricals
Industry: Consumer Durables, Home Appliances, Electrical, Electronics, Batteries
Sub Industry: Consumer Goods, Electrical, Electronics
Company Type: MNC
Location: Mumbai / Maharashtra – 400022
Founded in: 1938
Bajaj Electricals, part of the Bajaj Group, is a globally recognised electronic manufacturing company. It specialises in consumer products, lighting, and EPC services. With a vast network of branch offices, distributors, and retail outlets across India, Bajaj Electricals has established itself as a leading player in the industry. The company’s dedication to quality and innovation sets it apart.
Key Achievements:
- One of India’s oldest and most trusted brands in home appliances, lighting, and electrical equipment.
- Expanded into energy-efficient lighting solutions, including LED bulbs and fixtures.
Contribution to Electronics:
- A major player in consumer electronics and electrical solutions, contributing to India’s household electronics market.
- Focused on energy-efficient technologies and smart lighting systems.
Voltas
Industry: Consumer Durables, Home Appliances
Sub Industry: Consumer Goods
Company Type: MNC
Location: Mumbai / Maharashtra – 400033
Founded in: 1954
Voltas specialises in manufacturing air conditioners and home electrical appliances. With over 5,000 employees, Voltas has expanded its presence across India, with production and repair facilities nationwide. The company prioritises customer support, ensuring customer requirements are met within product warranties. Voltas has even outperformed international competitors in air conditioning sales, making a significant milestone for an Indian manufacturer. Their top-notch performance and customer-oriented approach make Volatas a reliable choice for consumers and a promising career option for professionals.
Key Achievements:
- Dominates the air conditioning and refrigeration sectors in India.
- Collaborated with Arçelik to launch the Voltas Beko brand for home appliances.
Contribution to Electronics:
- Significant impact in consumer electronics with products like air conditioners, refrigerators, and air purifiers.
- A leader in cooling electronics, bringing energy-efficient cooling systems to Indian households.
Godrej & Boyce Manufacturing
Industry: Consumer Durables, Home Appliances
Sub Industry: Consumer Goods
Company Type: MNC
Location: Mumbai / Maharashtra – 400079
Founded in: 1897
Godrej & Boyce Manufacturing Company (G&B), the flagship company of the Godrej Group, has been a significant contributor to India’s electronic development since 1897. G&B operates across several industries, delivering high-quality products and services in the following:
- Aerospace
- Defence
- Clean energy
- Railways
- Automotive and more.
With a committed workforce of over 14,000 employees, G&B is one of India’s largest electronics manufacturers. The company’s presence extends worldwide through international subsidiaries and joint ventures. Godrej’s excellence in producing home appliances and commitment to sustainable value creation make it a trusted choice for consumers.
Key Achievements:
- Pioneered the refrigeration industry in India and introduced India’s first refrigerator.
- Known for innovation in energy-efficient home appliances and electronics.
Contribution to Electronics:
- Strong presence in home appliances such as refrigerators, washing machines, and air conditioners.
- Its electronics products focus on green technology and energy efficiency.
Intex Technologies (India)
Industry: Consumer Durables, Home Appliances, Information Technology (IT), Data Analytics, AI, Robotics, IoT, Telecommunication, Mobile
Sub Industry: IT – Hardware, Telecom Infrastructure, Equipments, Consumer Goods
Company Type: MNC
Location: New Delhi / Delhi – 110020
Founded in: 1996
Intex Technologies is a leading Indian electronics manufacturer catering to various industries, from consumer electronics to IT and telecommunication. With a vast network of distributors, dealers, warehouses, and repair centres, Intex ensures the latest technology reaches customers across India. It also supports the government’s Make-in-India initiative with a state-of-the-art manufacturing facility in Jammu.
Key Achievements:
- One of India’s leading mobile phone and consumer electronics manufacturers.
- Introduced affordable feature phones and smartphones, targeting budget-conscious consumers.
Contribution to Electronics:
- Major player in mobile phones, consumer electronics, and IT accessories like speakers, headphones, and power banks.
- Supports India’s affordable electronics segment with locally manufactured products.
IFB
Industry: Consumer Durables, Home Appliances, Engineering
Sub Industry: Machineries, Instruments, Consumer Goods
Company Type: MNC
Location: Kolkata / West Bengal – 700088
Founded in: 1991
IFB is a well-established electronics company in India known for producing superior front-load washing machines and dryers. Collaborating with Bosch-Siemens W. Germany, IFB has a strong presence in the domestic market. With over 100 stores nationwide and annual investments in marketing, IFB has maintained its position in the competitive electronics manufacturing industry. Its commitment to research and development and strong distribution network makes it a reliable choice for customers.
Key Achievements:
- Known for pioneering washing machines and other kitchen electronics in India.
- Expanded its product line to include ovens, dishwashers, and other home appliances.
Contribution to Electronics:
- Focus on home and kitchen electronics, providing advanced and durable solutions for Indian households.
- Known for its front-load washing machines, a popular choice in the Indian market.
Havells India
Industry: Electrical, Electronics, Batteries
Sub Industry: Electrical, Electronics
Company Type: MNC
Location: Noida / Uttar Pradesh – 201304
Founded in: 1958
Havells India is a prominent electronics manufacturer offering diverse products, including fans, lighting solutions, air purifiers, and water heaters. The company is known for its high-quality, innovative, and energy-efficient products, catering to residential and commercial markets. With a strong presence in India and over 50 countries worldwide, Havells is a trusted brand.
Key Achievements:
- Acquired Lloyd, expanding into home appliances like air conditioners, washing machines, and LED TVs.
- Major player in energy-efficient lighting solutions.
Contribution to Electronics:
- Leader in lighting, electrical goods, and home appliances, focusing on energy-efficient products.
- Drives innovation in smart lighting and automation solutions for residential and commercial use.
Blue Star
Industry: Consumer Durables, Home Appliances
Sub Industry: Consumer Goods
Company Type: MNC
Location: Mumbai / Maharashtra – 400020
Founded in: 1943
Blue Star is a leading air conditioner and refrigeration company focusing on minimising noise levels. It has earned recognition as one of India’s top corporate brands. Blue Star invests heavily in research and development, ensuring that its products meet industry standards and environmental requirements. Blue Star is synonymous with quality with a broad domestic and global footprint.
Key Achievements:
- Leading manufacturer of air conditioning systems in India, known for its energy-efficient products.
- Introduced products like water purifiers and commercial refrigeration solutions.
Contribution to Electronics:
- Focus on cooling and purification electronics, especially air conditioning and refrigeration solutions for commercial and residential use.
- Specializes in high-end cooling systems and smart HVAC solutions.
Orient Electric
Industry: Consumer Durables, Home Appliances, Electrical, Electronics, Batteries
Sub Industry: Consumer Goods, Electrical, Electronics
Company Type: MNC
Location: New Delhi / Delhi – 110020
Founded in: 1939
Orient Electric is a dominant player in India’s electronics market, with a presence in over 35 international markets. The company specialises in home appliances, switchgear, and lighting. Orient is a leading manufacturer of LED lamps in India and has received BEE star certification for its lighting products. Orient prioritises quality, affordability, and design, making it a popular choice for consumers.
Key Achievements:
- Known for its expertise in fans, lighting, and home appliances.
- Expanded into smart home appliances and energy-efficient lighting solutions.
Contribution to Electronics:
- A strong player in lighting solutions, fans, and home appliances, contributing to India’s residential electronics market.
- Focus on smart home electronics, including intelligent fans and IoT-enabled devices.
Orpat
Industry: Consumer Durables, Home Appliances, Electrical, Electronics, Batteries, Telecommunication, Mobile
Sub Industry: Telecom Infrastructure, Equipments, Consumer Goods, Electrical, Electronics
Company Type: MNC
Location: Morbi / Gujarat – 363641
Founded in: 1964
Orpat, with over five decades of experience, excels in manufacturing energy-efficient home appliances. Its products are available in more than 45 countries and cover a diverse range of electrical products. Orpat’s portfolio includes various electronics and electrical products, including telephones, fans, and switches. Orpat is known for its unparalleled customer support and high-end technology integration.
Key Achievements:
- It is well-known for its wide range of home appliances, such as fans, clocks, calculators, and small kitchen appliances.
- Recognised for producing affordable and durable electronic calculators and household products.
Contribution to Electronics:
- Focused on small electronics and appliances, providing reliable and affordable products for the Indian market.
- Significant contribution to consumer electronics, especially in the personal and kitchen appliances category.
Symphony
Industry: Consumer Durables, Home Appliances
Sub Industry: Consumer Goods
Company Type: MNC
Location: Ahmedabad / Gujarat – 380054
Founded in: 1988
Symphony is India’s leading air cooler company, recognised for its innovative and performance-driven products. The company manufactures air coolers with advanced technology, offering efficient cooling at affordable prices. Symphony’s machines are highly durable and offer exceptional after-sales service. With a strong focus on customer support and a global presence, Symphony has established itself as a top choice in the air cooling segment.
Key Achievements:
- Global leader in air cooling solutions with an emphasis on innovation and energy efficiency.
- Holds multiple patents for advanced evaporative air cooling technologies.
Contribution to Electronics:
- A pioneer in air coolers, Symphony focuses on energy-efficient and eco-friendly cooling electronics.
- Contributed significantly to providing affordable, eco-friendly cooling solutions for Indian households.
Panasonic
Industry: Electronics
Sub Industry: Home appliances and Consumer Electronics
Company Type: Japanese Multinational Electronics Company
Location: Ambience Island NH-8/ Gurgaon, Haryana – 122002
Founded in: 1918
Panasonic is a diversified technology company, and offers complete solutions for consumers in living spaces and in their community and business. They provide a wide range of integrated solutions in consumer electronics and appliances such as televisions, cameras, home appliances and beauty products and B2B businesses – energy storage, smart factory, security & surveillance solution, automotive, industrial devices along with an extensive range of system solutions including High Definition Video-conferencing, Professional Audio Video products, Toughbooks, Projectors and Displays.
Key Achievements:
- Leading player in consumer electronics, including televisions, washing machines, refrigerators, and air conditioners.
- Expanding its portfolio in smart electronics with products like smart TVs, home automation systems, and IoT-enabled appliances.
Contribution to Electronics:
- Known for innovative and high-quality consumer electronics, particularly in home entertainment and smart home appliances.
- Significant investment in R&D for cutting-edge electronics and smart solutions.
Bharat Electronics (BEL)
Industry: Aerospace and Defence Electronics
Sub Industry: Advanced electronic products for ground and aerospace applications
Company Type: Public Sector Undertaking
Location: Nagavara / Bengaluru – 560045
Founded in: 1954
Bharat Electronics possesses expertise in a spectrum of activities, encompassing the design, development, manufacturing, supply and life cycle support of strategic electronic products and systems. It holds a prominent position in the Indian Defence segment, and are making inroads into the civilian segments while expanding their defence operations into the international markets. The Company is engaged in manufacture and supply of strategic electronic products primarily to Defense Services. The company exported a range of products and sub-assemblies exported includes LYNX II, radar warning receivers, composite communication system, night vision devices, versatile communication system (VCS), IFF Interrogator, LRF, X-Ray tube, radar fingerprinting system, ESM system, V/ultra high frequency (UHF) search receivers, shelters, printed circuit board (PCB) assembly, cable harness, components and mechanical assemblies.
Key Achievements:
- A government-owned enterprise focused on defence electronics.
- Plays a vital role in developing communication systems, radars, and electronic warfare equipment for the Indian Armed Forces.
Contribution to Electronics:
- Leader in defence electronics and strategic equipment for India’s military and aerospace sectors.
- Key contributions include missile electronics, radar systems, and advanced communication systems.
Sony
Industry: Electronics
Sub Industry: Television
Company Type: MNC
Location: Saidabad / New Delhi – 110044
Founded in: 1946
Sony Corp engages in the development, design, manufacture, and sale of electronic equipment, instruments, devices, game consoles, and software for consumers, professionals and industrial markets. It operates through the following segments: Game and Network Services, Music, Pictures, Home Entertainment and Sound, Imaging Products and Solutions, Mobile Communications, Semiconductors, Financial Services, and All Others.
Key Achievements:
- Global leader in home entertainment, producing high-quality televisions, audio systems, cameras, and gaming consoles.
- Known for its premium brand image and cutting-edge technology in consumer electronics.
Contribution to Electronics:
- Major player in the premium consumer electronics market, especially in home entertainment with high-definition TVs, sound systems, and gaming consoles.
- Focus on innovation and high-quality products, making it a trusted brand for Indian consumers.
Commercial real estate demand in India
Office space: With their expanding operations, electronics companies are driving significant demand for office space in India. This surge has prompted the development of modern office complexes and industrial parks in key cities, reshaping their commercial industries.
Rental property: The presence of electronics companies has also positively impacted the rental property market. Property owners benefit from steady demand, resulting in competitive rental rates and boosting property values.
This growing demand pushes developers to create versatile mixed-use developments that combine commercial and residential spaces. This trend caters to the needs of electronics professionals and residents, creating dynamic, self-sustaining urban environments. This transformation underscores the evolving landscape of India’s commercial real estate driven by the booming electronic sector.
Impact of electronics companies in India
India’s electronics companies have surged as crucial players in the global manufacturing arena, buoyed by a burgeoning domestic market and a skilled workforce. These companies drive innovation across diverse consumer, mobile, automotive, and medical electronics sectors. They prioritise quality, adhere to standards, and embrace advanced tech like AI, robots, and automation for efficient production. They boost economic growth and offer high-quality electronic products. Their commitment to innovation and customer satisfaction positions them as industry pioneers, contributing to India’s rise as a global electronics manufacturing hub.
Future of the electronics industry in India
India’s electronics manufacturing industry is set for rapid expansion, with projections indicating it could double within the next five years, reaching approximately USD 250 billion. The country’s electronic exports currently stand at around USD 125-130 billion. The government also prioritises job creation in this sector, aiming to double employment from 25 lakh to 50 lakh in the same period.
India is transitioning from import-reliance to a self-reliant, export-driven manufacturer, especially in mobile phones and IT hardware. Government initiatives, such as the Production Linked Incentive (PLI) schemes and the Semicon India Program, are designed to boost electronic manufacturing, foster a robust semiconductor ecosystem, and position India as a global hub.
This surge in domestic production is coupled with an increase in exports, with the United States and the UAE as leading destinations. India’s electronic manufacturing, supported by incentives worth ₹760 billion, aims to reduce reliance on imports, particularly from countries like China and Hong Kong, while boosting innovation and technological growth.
As India strengthens its position in this sector, emphasising local production, innovation, and global competitiveness will drive economic development, enhance technological capabilities, and create vast employment opportunities.
Housing.com POV
India’s electronics manufacturing industry has undergone significant transformation, propelled by government initiatives and increasing global demand. Major domestic and international players have contributed to this growth, driving advancements in technology and infrastructure. This development has created a ripple effect in sectors like real estate and expanded opportunities across various industries. With continued innovation, investment, and a growing workforce, India is positioned to remain a hub for electronics manufacturing, fostering sustained economic growth and progress across multiple sectors.
FAQs
The electronics sector is pivotal in India’s economic development, offering opportunities in technology, manufacturing, and services due to a growing consumer market and a youthful workforce.
India manufactures various electronic products, including—smartphones, laptops, televisions, and home appliances.
Bosch Bajaj Electricals Ltd. Voltas Godrej & Boyce Manufacturing Co. Ltd. Intex Technologies (India) Ltd. IFB Havells India Ltd. Blue Star Orient Electric Orpat Symphony
Voltas Limited has outperformed international competitors in air conditioning sales.
Godrej & Boyce Manufacturing Co. Ltd. is known for its excellence in producing home appliances.
Bengaluru is the foremost hub for electronic goods production in India.
Havells India Ltd. is currently the largest electronic manufacturing company in India.
While numerous reliable electronic brands exist in India, Voltas, IFB, and Godrej are among the best options available.
Electronics companies have driven demand for office space and rental properties, leading to the development of modern office complexes and increased property values.
Indian electronics companies have become global manufacturing leaders, driving innovation, adhering to quality standards, and contributing to India’s rise as a global electronics manufacturing hub. What roles does the electronics sector play in India’s economic growth?
What types of electronic products are manufactured in India?
Who are the top 11 electronics companies in India?
Which Indian company has outperformed international competitors in air conditioning sales?
Which electronics manufacturer in India is known for its excellence in producing home appliances?
What is the primary state for electronic goods production in India?
Which Indian electronic manufacturing company ranks as the largest in the industry presently?
Which Indian electronic brands are considered the top choices in the market today?
How have electronics companies impacted commercial real estate in India?
How have electronics companies contributed to India's global standing in manufacturing?
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