Faridabad, Haryana, has emerged as a vibrant epicentre of business activity. Renowned for its rich industrial landscape, Faridabad boasts a thriving ecosystem of manufacturing companies that span across diverse sectors, from automotive and engineering to electronics and textiles. Manufacturing sector in Faridabad is growing rapidly, contributing significantly to its economy and development. So, let’s learn more about the top manufacturing companies in Faridabad.
Business landscape in Faridabad
The business-savvy environment of Faridabad has attracted a diverse array of companies spanning automotive, engineering, electronics and textiles. From small-scale enterprises to multinational corporations, Faridabad boasts both national and international players, cementing its status as an industrial powerhouse. Furthermore, the city is home to an increasing number of service-oriented enterprises, such as IT firms and consultancy organisations.
Top manufacturing companies in Faridabad district
JCB India
Company Type: Private
Location: NH – 19, Ballabhgarh, Faridabad, Haryana – 121004
Founded in: 1979
JCB India is a subsidiary of the British multinational firm JCB, one of the world’s top construction equipment manufacturers. Established in 1979, JCB India has since become a prominent player in the Indian construction equipment industry. It manufactures a wide variety of construction equipment, such as skid steer loaders, backhoe loaders, etc.
Shahi Exports
Company Type: Private
Location: Sector – 28, Faridabad, Haryana – 121003
Founded in: 1974
This Indian-based firm has grown to become one of the country’s largest and most prestigious garment manufacturers and exporters. Shahi Exports has played an important role in defining the world of apparel by focusing on quality, innovation, and sustainability. With cutting-edge manufacturing facilities, fair labour practices and a varied product line, the firm stands out for its contributions to the textile industry.
Mahindra Defence Systems
Company Type: Private
Location: Prithla, Tatarpur, Haryana – 121102
Founded in: 2012
In India’s defence market, Mahindra Defence Systems is a significant player known for its innovative products and unflinching dedication to national security. It is a part of the prestigious Mahindra Group and is at the forefront of innovation, creating and producing a variety of military products. With a long history of technical innovation, it has established itself as a reliable partner for the military, offering a variety of goods from armoured vehicles to aerospace components.
Bachmann Industries India
Company Type: Public
Location: Sector 6, Faridabad, Haryana – 121006
Founded in: 1987
Bachmann Industries India is a division of Bachmann Electronic GmbH, a global player in industrial automation technologies. The firm specialises in offering automation solutions for industries including manufacturing, transportation, and power generation. It provides control systems, communication modules and software solutions to optimise operations and improve operational efficiency.
Lakhani India
Company Type: Public
Location: Sector 24, Faridabad, Haryana – 121005
Founded in: 1981
Lakhani India is a major participant in the Indian footwear market. It has developed to become one of the country’s largest footwear manufacturers and distributors. Sports shoes, casual shoes, formal shoes, sandals and slippers are among the footwear styles designed and manufactured by the firm. It has a strong presence in both domestic and international markets.
HPL Additives
Company Type: Public
Location: Main Mathura Road, Faridabad, Haryana – 121003
Founded in: 1964
The firm is a major player in the specialised chemical industry, notably in the field of polymer additives. Its primary goal is the development of a diverse spectrum of high-performance additives and chemicals that improve the characteristics and processing of plastics and polymers. UV stabilisers, processing aids and other speciality chemicals are among the additives offered by the company.
Thomson Press India
Company Type: Public
Location: Delhi-Mathura Road, Faridabad, Haryana – 121007
Founded in: 1967
It is one of the leading commercial printing and publishing companies in India. The company specialises in the production of various printed materials, including books, journals, magazines, brochures, catalogues and other printed materials. It boasts a diverse variety of printing skills and services, making it a key participant in India’s printing and publishing business.
Yamaha Motor India
Company Type: Public
Location: New Basilva Colony, By-Pass Road, Faridabad, Haryana – 121002.
Founded in: 1985
Yamaha Motor India is a distinguished subsidiary of Yamaha Motor Co., a global automotive industry leader. Since its inception, the firm has quickly established itself as a major participant in the Indian two-wheeler sector. The firm offers a diversified variety of motorcycles and scooters that appeal to a wide range of riders.
Escorts
Company Type: Public
Location: Mathura Road, Faridabad, Haryana – 121003
Founded in: 1944
The company stands as a stalwart in India’s engineering and agri-machinery sector and is renowned for its pioneering contributions. With a distinguished history of over seven decades, Escorts delivers cutting-edge solutions in the fields of agriculture, construction and railway equipment. The company’s steadfast commitment to excellence is evident in its varied portfolio, which includes tractors, construction equipment, railway components and more.
Oswal Castings
Company Type: Private
Location: Sector-25, Faridabad, Haryana – 121004
Founded in: 2010
Oswal Castings is a notable player in the manufacturing industry, acknowledged for its proficiency in manufacturing premium steel forgings and iron castings. It was founded with adherence to precise engineering and has become a recognised brand in the industry. The firm serves a wide range of sectors, including automotive, equipment and infrastructure, with a strong emphasis on innovation and cutting-edge manufacturing techniques.
Commercial real estate demand in Faridabad
Office space: The growing presence of industrial enterprises in Faridabad has resulted in a significant increase in demand for office space. The upsurge reflects Faridabad’s growing importance as an industrial and commercial centre in the NCR. As a result of this influx, real estate developers and landlords are witnessing a palpable increase in inquiries and leasing agreements for office spaces.
Rental property: The advent of manufacturing enterprises has greatly boosted Faridabad’s rental housing market. Property owners are profiting from the constant demand for commercial premises, which has resulted in a highly competitive rental marketplace and a significant rise in property prices, particularly in key commercial areas.
Impact: Developers are proactively orienting their efforts towards diverse mixed-use developments in response to the boom in manufacturing activities in Faridabad. These forward-thinking developments seamlessly blend residential, commercial, and retail spaces to provide a complete urban living experience and cater to the different needs of both manufacturing professionals and local inhabitants, fostering vibrant and self-sustaining communities.
Impact of the manufacturing industry on Faridabad
The manufacturing sector has been significant in fueling Faridabad’s economic development. This industry has catalysed a tremendous increase in demand for commercial and industrial real estate, in addition to its immediate impacts, which include the creation of job opportunities. This increased interest in real estate development typifies Faridabad’s changing economic landscape as it evolves into a vibrant industrial and commercial centre within the larger Delhi-NCR region.
FAQs
What types of industries are prevalent in Faridabad?
Faridabad hosts a wide range of industries, including automotive, engineering, electronics, textiles, and chemical manufacturing.
Do manufacturing companies in Faridabad export their products internationally?
Yes, many manufacturing companies in Faridabad are engaged in international trade.
Which city is known as the industrial city of Haryana?
Faridabad has earned the title of industrial city of Haryana.
What is India the largest manufacturer of?
India is the largest producer of milk, pulses, and jute in the world.
Which sector is best in Faridabad?
Sector 21 is known as the best area in the city.
What is the scope for technological advancements in manufacturing companies in Faridabad?
Automation, IoT, and AI are among the industrial technologies that Faridabad-based businesses are progressively implementing to boost productivity and competitiveness.
Are there any government incentives or schemes for manufacturing companies in Faridabad?
Yes, the government promotes and supports the manufacturing sector in Faridabad through a variety of incentives, including subsidies, tax exemptions, and special economic zones (SEZs).
What are some notable safety measures adopted by manufacturing companies in Faridabad?
Manufacturing businesses in Faridabad follow rigid safety practices, which include frequent training sessions, safety equipment requirements, and adherence to industrial regulations.
How does the location of Faridabad benefit manufacturing companies?
Faridabad's strategic location near Delhi provides easy access to major transportation networks, facilitating distribution and logistics.
Are there any industrial clusters or zones in Faridabad?
Yes, Faridabad has designated industrial areas like Sector 24 and Sector 59, which house numerous manufacturing units.
| 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 |
Anil Shah, is your go-to source for property market insights. He excels at understanding and explaining the latest trends in residential real estate and making complex real estate concepts easier to grasp. Anil’s fact-based analysis helps buyers and investors make sound decisions in the housing sector.
