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 11 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
FAQs
What roles does the electronics sector play in India’s economic growth?
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.
What types of electronic products are manufactured in India?
India manufactures various electronic products, including—smartphones, laptops, televisions, and home appliances.
Who are the top 11 electronics companies in India?
Bosch Bajaj Electricals Ltd. Voltas Godrej & Boyce Manufacturing Co. Ltd. Intex Technologies (India) Ltd. IFB Havells India Ltd. Blue Star Orient Electric Orpat Symphony
Which Indian company has outperformed international competitors in air conditioning sales?
Voltas Limited has outperformed international competitors in air conditioning sales.
Which electronics manufacturer in India is known for its excellence in producing home appliances?
Godrej & Boyce Manufacturing Co. Ltd. is known for its excellence in producing home appliances.
What is the primary state for electronic goods production in India?
Bengaluru is the foremost hub for electronic goods production in India.
Which Indian electronic manufacturing company ranks as the largest in the industry presently?
Havells India Ltd. is currently the largest electronic manufacturing company in India.
Which Indian electronic brands are considered the top choices in the market today?
While numerous reliable electronic brands exist in India, Voltas, IFB, and Godrej are among the best options available.
How have electronics companies impacted commercial real estate in India?
Electronics companies have driven demand for office space and rental properties, leading to the development of modern office complexes and increased property values.
How have electronics companies contributed to India's global standing in manufacturing?
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.
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 Ghosh |
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