Vadodara, a city in Gujarat is known as a bustling business hub. Rapid industrialisation has led to the growth of many companies that contribute to the city’s economic growth. Vadodara’s image as a business also reflects a direct connection between its robust manufacturing sectors and the ever-evolving real estate market.
See also: Top IT companies in Vadodara
Business landscape in Vadodara
From cutting-edge technology to modern healthcare, from finance to manufacturing, Vadodara welcomes diverse enterprises, making it a multifaceted business haven.
Top Manufacturing Industries in Vadodara
Siemens
Industry: Manufacturing
Sub-industry: Electrical Equipment Manufacturing
Company type: Multinational Corporation
Location: Maneja, Vadodara, Gujarat-390013
Founded in: 1847
Siemens was established in 1847 and is a global leader in electrical equipment manufacturing, contributing significantly to Vadodara’s industrial prowess. They have a rich history of innovation and specialise in developing cutting-edge technologies that power various sectors from energy to healthcare. Siemens’ expertise has enabled Vadodara to stay at the forefront of technological advancements, with their major projects and solutions enhancing the region’s industrial capabilities.
ABB
Industry: Manufacturing
Sub-industry: Robotics and Automation
Company type: Multinational Corporation
Location: Maneja Vadodara, Gujarat, 390013
Founded in: 1988
ABB is known for expertise in robotics and automation as well as boosting Vadodara’s technological landscape. The company’s solutions have played an important role in aligning industrial processes as well as improving efficiency across diverse sectors. ABB’s presence in Vadodara underscores the city’s commitment to technological advancements and its impact on the broader industrial landscape.
Linde
Industry: Manufacturing
Sub-industry: Industrial gasses
Company type: Multinational Corporation
Location: Bhaili,Vadodara, Gujarat-391410.
Founded in: 1879
Linde’s origins date back to 1879 and specialises in industrial gasses, enriching Vadodara’s industry with its gas-related solutions. The company’s offerings are vital in various sectors, including healthcare, manufacturing, and energy. Linde’s presence in Vadodara ensures a steady supply of essential gasses contributing to the region’s industrial growth and sustainability.
GE
Industry: Manufacturing
Sub-industry: Diverse Manufacturing Sectors
Company type: Multinational Corporation
Location: Â Makarpura, Vadodara, Gujarat-390009
Founded in:Â 1892
General Electric is a multinational company with diverse manufacturing activities in Vadodara. The company impacts various sectors, such as aviation, healthcare, power, and renewable energy. The innovative solutions and projects have been influential in enhancing the city’s technological capabilities and driving advancements in manufacturing.
Abbott
Industry: Manufacturing
Sub-industry: Healthcare and Pharmaceuticals
Company type: Multinational Corporation
Location: Alkapuri, Vadodara, Gujarat-390005
Founded in: 1888
Abbott has been a significant player in healthcare since 1888. In turn, they have also made Vadodara a prominent city in the healthcare industry. The company has made it its mission to develop life-saving products and solutions that have had a tremendous effect on the region. They have helped improve healthcare accessibility and overall community well-being.
Schaeffler
Industry: Manufacturing
Sub-industry: Automotive and Industrial Components
Company type: Multinational Corporation
Location: Maneja, Vadodara, Gujarat-390013
Founded in: 1946
Schaeffler was founded in 1946 and is a crucial player in the automotive and industrial components sector. Their presence in Vadodara has enhanced the city’s manufacturing capabilities, particularly in producing high-precision components critical to various industries. Schaeffler’s commitment to innovation and quality aligns seamlessly with Vadodara’s drive for excellence in manufacturing.
General Motors
Industry: Manufacturing
Sub-industry: Automobiles
Company type: Multinational Corporation
Location: Makarpura, Vadodara, Gujarat-390010
Founded in: 1908
General Motors was founded in 1908 and has considerably impacted Vadodara’s automotive sector. The company’s innovation and manufacturing expertise have helped establish the city as a center for automotive advancements. GM’s presence here has also boosted economic growth, created job opportunities and advanced technology in the automotive industry.
Matrix ComSec
Industry: Manufacturing
Sub-industry: Telecom and Security solutions
Company type: Private Company
Location: Makarpura, Vadodara, Gujarat- 390 010
Founded in: Â 1991
Matrix ComSec was founded in 1991 and specialises in telecom and security solutions. Operating as a private company has added an edge to Vadodara’s business scene. Matrix ComSec’s expertise in telecom and security solutions has enhanced Vadodara’s technological capabilities and ensured the city’s readiness for the digital age.
Aditya Birla Group
Industry: Manufacturing
Sub-industry: Diverse Sectors (e.g., Metals, Cement, Textiles)
Company type: Multinational Corporation
Location: Race Course Road, Vadodara, Gujarat-390007
Founded in: 1857
Aditya Birla Group was established in 1857. They cover various sectors that include metals, cement, textiles, etc. Their comprehensive coverage span in Vadodara has played a crucial role in shaping the city’s industrial diversity. Their commitment to excellence and sustainability aligns with Vadodara’s holistic growth and development vision.
Xylum
Industry: Manufacturing
Sub-industry: Water and Environmental Solutions
Company type: Multinational Corporation
Location: Savli, Vadodara, Gujarat-391770
Founded in: 2011
The leading producer of water and environmental solutions, Xylem was founded in 2011. It has significantly helped in the city’s attempts to promote sustainable development. The company has been crucial in taking care of environmental problems and promoting the use of sustainable practices.
Larsen & Toubro
Industry: Engineering
Sub-industry: Machineries , Instruments, Designing & Services
Company Type: India’s Top 500
Location: Radhadaya Complex Old Padra Road, Vadodara 390 015
Founded in : 1938
Larsen & Toubro (L&T) is one of India’s leading multinational conglomerates with a strong presence in manufacturing. Founded in 1938, L&T is known for its expertise in engineering and construction projects, with a wide range of activities spanning from building infrastructure to manufacturing cutting-edge technology products.
Sun Pharmaceutical Industries
Industry: Pharmaceuticals , Labs
Sub-industry: Pharmaceuticals
Company Type: India’s Top 500
Location: Akota, Vadodara, Gujarat 390020
Founded in:Â 1983
Sun Pharmaceutical Industries, commonly known as Sun Pharma, is one of India’s largest pharmaceutical companies and a global pharmaceutical giant. Founded in 1983, the company is renowned for its specialisation in manufacturing and marketing pharmaceutical formulations and active pharmaceutical ingredients (APIs). Its vast product portfolio covers various areas, including cardiology, psychiatry, neurology, gastroenterology, and more.
Reliance Industries
Industry:Â Manufacturing
Sub-industry: Chemical, Petroleum , Oil , Gas , Refineries, Garment , Textile
Company Type: India’s Top 500
Location: Petrochemicals, Vadodara – 391 346
Founded in: 1966
Reliance Industries is one of India’s largest and most diversified conglomerates. Founded in 1966 by Dhirubhai Ambani, Reliance operates across various sectors, including petrochemicals, refining, oil and gas exploration, telecommunications, retail, etc.
Apollo Tyres
Industry: Automobile , Auto Ancillaries , Electric Vehicle & Dealers
Sub-industry: Auto Ancillaries
Company Type: India’s Top 500
Location: Darbar Chokdi Vadodara – 390011
Founded in: 1972
Apollo Tyres is a leading tire manufacturing company established in 1972. The company manufactures a wide range of tires, including those for passenger vehicles, commercial vehicles, and off-highway vehicles. The company’s products are sold in over 100 countries, and it has a strong presence in both developed and emerging markets.
Commercial real estate demand in Vadodara
- Office space: Vadodara’s manufacturing sector’s growth fuels demand for office spaces to manage administrative and managerial functions.
- Rental property: With a burgeoning workforce, the demand for rental properties soars as employees seek comfortable housing options.
- Impact: This surge in demand propels real estate growth and influences property prices and infrastructure development in Vadodara.
Impact of manufacturing industries in Vadodara
Not only have the manufacturing industries in Vadodara led to the growth of local real estate, but they have also had a role in the economy. Their contributions have been recognised far and wide as they continue to improve well-being through products and solutions aiming at accessibility.
FAQs
How have manufacturing industries influenced Vadodara's real estate market?
Manufacturing industries have driven demand for commercial and residential properties, shaping property prices and infrastructure development.
What is the significance of Vadodara's manufacturing sector in the city's economy?
Vadodara's manufacturing sector fuels economic growth, generates jobs and attracts skilled professionals.
Do manufacturing companies influence specific industrial zones in Vadodara?
Yes. Vadodara hosts industrial zones that have witnessed significant growth due to the presence of manufacturing companies.
How does the growth of manufacturing industries impact office space demand in Vadodara?
The growth of manufacturing industries spurs demand for office spaces to support administrative and managerial functions.
What types of rental properties are in demand due to manufacturing industries in Vadodara?
Rental properties catering to the housing needs of skilled professionals are in high demand.
Have manufacturing industries contributed to infrastructure development in Vadodara?
Yes. The presence of manufacturing industries has catalysed infrastructure development in Vadodara.
Which manufacturing industries have the most significant footprint in Vadodara?
Siemens, ABB, Aditya Birla Group and others have substantial operations in Vadodara.
In which sectors do Vadodara's manufacturing industries primarily focus?
Vadodara's manufacturing industries span diverse sectors, including technology, healthcare, automotive and more.
How have manufacturing companies contributed to employment in Vadodara?
Manufacturing companies have generated numerous job opportunities attracting talent to the city.
What is the future of the real estate market in the presence of manufacturing industries?
Vadodara's real estate market is bound to thrive with the manufacturing industries and the demand for properties.
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