India is home to some of the largest capital goods companies in the world. This guide lists out the leading names in this segment and also explores how their presence impacts the real estate industry in the country.Â
Top capital good companies in India
Larsen & Toubro
Industry- Infrastructure, engineering, construction, and financial services
Sub-industry- Construction, infrastructure, manufacturing
Company type- Public limited
Location- L & T House Ballard Estate Mumbai MH 400001
Founding date- 1946
In addition to having a sizable presence in producing goods, technology, and financial services, L&T is a pioneer in the building and engineering industries. L&T has a proven track record of delivery and performance. It has finished some of India’s most complex and complicated projects, such as the Jawaharlal Nehru Port Trust, the Delhi Metro, and the Mumbai Metro. L&T also exports a significant amount of building and engineering services.
AIA ENG
Industry- Engineering
Sub-industry- Capital goods
Company type- Public limited
Location- Bodakdev, Ahmedabad 380054
Founding date- 1991
India’s top capital goods producer is AIA Engineering Limited (AIA ENG). The company produces a wide variety of goods, such as machine tools, heavy machinery, and electrical equipment. The power generating, oil & gas, and infrastructure businesses are just a few of the companies that use AIA ENG’s equipment.
Bharat Heavy Electricals
Industry- Electrical and electronics
Sub-industry- Capital goods
Company type- Public sector undertaking
Location- Bhel House Siri Fort New Delhi DL 110049
Founding date- 1964
It is one of the biggest manufacturers of power generation equipment in the world and the biggest in India. In addition, BHEL produces an extensive selection of other electrical and electronic items, such as consumer goods, automobiles, and industrial equipment.
Thermax
Industry- Engineering
Sub-industry- Energy and equipment
Company type- Public listed
Location- 14 Mumbai-Pune Road Wakdewadi, Pune 411003.
Founding date- 1980
Boilers, steam turbines, treatment plants for water, air pollution monitoring systems, and systems for reusing waste heat are among the company’s goods and services. Project management, design and construction, as well as maintenance and upkeep, are just a few of the many benefits that Thermax provides.
Bharat Forge
Industry- Automotive, aerospace, and industrial
Sub-industry- Forgings, machining, and assemblies
Company type- Public limited
Location- Pune Cantonment, Mundhwa Pune – 411 036
Founding date- 1961
With the capability to manufacture more than 1 million tonnes of forgings annually, Bharat Forge is among the biggest forging businesses in the world. With more than 1000 machining centres, the organisation also has considerable machining capabilities. Crankshafts, camshafts, axles, hydraulic parts, engine blocks, and parts for aerospace are just a few of the many things it produces.
Cummins India
Industry- Industrial
Sub-industry- Engines and power generation
Company type- Publicly traded
Location- Navi Mumbai, Maharashtra 400614
Founding date- 1962
The largest producer of diesel and natural gas engines in the nation is Cummins India. Additionally, the business produces and markets engines, filtration systems, and power generation equipment. On- and off-road vehicles, power generating, construction, mining, and agriculture are just a few of the industries that use Cummins India’s products.
KEC International
Industry- Engineering, procurement, and construction
Sub-industry- Power transmission and distribution, railways, civil
Company type- Public limited
Location- Belavadi Post, Mysore – 570018.
Founding date- 1945
Global EPC leader KEC International has completed renowned infrastructure projects in more than 100 nations. The business has a proven track record of finishing challenging projects on schedule and on budget. One of India’s largest industrial giants, the RPG Group, is the parent company of KEC International. Power lines for transmission and distribution, as well as substations, are designed, produced and installed by the business.
Suzlon Energy
Industry- Renewable energy
Sub-industry- Wind energy
Company type- Public limited
Location- Hadapsar, Pune 411028
Founding date- 1995
A global pioneer in wind energy solutions is Suzlon Energy. Wind farms, turbines, as well as upkeep services are just a few of the many goods and services the business provides. Suzlon Energy operates in more than 20 nations and has put in more than 20,000 MW of turbines for wind energy worldwide.
Kalpataru Power Transmission
Industry- Power generation, transmission
Sub-industry- Power transmission and distribution
Company type- Public limited
Location- Andheri West, Mumbai, Maharashtra 400058
Founding date- 1981
The business has a proven track record of finishing challenging projects on schedule and on budget. KPTL offers an assortment of projects, including substations, switchyards, overhead power lines and underground cables. Over 20 nations in Asia, Africa, the Middle East, and South America have seen the completion of KPTL projects.
ABB India
Industry- Electrical
Sub-industry- Industrial automation, power systems, and electrification
Company type- Public
Location- Peenya, Bengaluru, Karnataka 560058
Founding date- 1949
Leading provider of power and automation technology, ABB India helps utility, industry, transport, and infrastructure customers operate more effectively while having a less negative impact on the environment. Solutions provided by the organisation are essential for ensuring a sustainable future.
CG Power and Industrial Solutions
Industry- Electrical equipment and heavy machinery
Sub-industry- Power generation, transmission, and distribution
Company type- Public Company
Location- Chamrajpet, Bengaluru, Karnataka 560018
Founding date- 1937
Leading Indian enterprise CG Power and Industrial Solutions (CGP) produces a variety of heavy machinery and electrical equipment. Several industries, including power production, distribution and transmission, railroads, and industrial manufacturing, employ the company’s equipment. The superior quality and dependability of CGP’s goods are well known. The business places a lot of emphasis on creativity, study, and development.
Bharat Electronics
Industry: Defense
Sub-industry: Aerospace & Defense
Company Type: Public Sector Undertaking (PSU)
Founding Date: 1954
Location: Coimbatore, Tamil Nadu (Pin Code: 641046)
Bharat Electronics is a major supplier of electronic products and systems for various sectors, including aerospace, maritime, and communication. The company plays a crucial role in bolstering India’s self-reliance in defense technology.
Finolex Cables
Industry: Electrical Equipment
Sub-industry: Electrical Components & Equipment
Company Type: Public
Founding Date: 1958
Location: Pune, Maharashtra (Pin Code: 411005)
Finolex Cables has a strong emphasis on sustainability and has implemented eco-friendly practices in its manufacturing processes. It is a trusted brand in the electrical industry, known for its high-quality wires and cables.
Apar Industries Ltd
Industry: Industrial Goods
Sub-industry: Diversified Machinery
Company Type: Public
Founding Date: 1958
Location: Mumbai, Maharashtra (Pin Code: 400002)
Apar Industries Ltd is recognized for its commitment to innovation and R&D. It operates across diverse segments, offering solutions in conductors, speciality oils, and power transmission, contributing significantly to India’s infrastructure development.
Carborundum Universal
Industry: Industrial Goods
Sub-industry: General Industrial Equipment
Company Type: Public
Founding Date: 1954
Location: Chennai, Tamil Nadu (Pin Code: 600098)
Carborundum Universal is part of the Murugappa Group, a prominent conglomerate. The company specialises in abrasives, ceramics, and refractories and has a global presence, serving a wide range of industries, including automotive, aerospace, and steel.
Siemens Ltd
Industry: Industrial Conglomerates
Sub-industry: Diversified Industrials
Company Type: Public
Founding Date: 1957
Location: Mumbai, Maharashtra (Pin Code: 400013)
Siemens Ltd is at the forefront of technological advancements, providing solutions for smart infrastructure, digitalization, and automation. It collaborates with numerous industries, contributing to the growth of the industrial landscape in India.
Adani Green Energy
Industry: Renewable Energy
Sub-industry: Renewable Energy Generation
Company Type: Public
Founding Date: 2015
Location: Ahmedabad, Gujarat
Adani Green Energy is committed to sustainable energy practices, with a focus on reducing carbon emissions and promoting clean energy sources. It has established itself as a key player in India’s renewable energy sector.
Havells India
Industry: Electrical Equipment
Sub-industry: Electrical Components & Equipment
Company Type: Public
Founding Date: 1958
Location: Noida, Uttar Pradesh (Pin Code: 201305)
Havells India’s diverse product range includes innovative electrical and lighting solutions, backed by a strong commitment to quality and consumer satisfaction. The company is a symbol of trust in Indian households and industries.
BEML Limited
Industry: Machinery
Sub-industry: Construction & Farm Machinery
Company Type: Public Sector Undertaking (PSU)
Founding Date: 1964
Location: Bangalore, Karnataka (Pin Code: 560027)
BEML Limited is a cornerstone of India’s infrastructure and mining equipment manufacturing industry. Its robust machinery has been pivotal in the development of critical infrastructure projects.
Tata Siemens Ltd
Industry: Industrial Conglomerates
Sub-industry: Diversified Industrials
Company Type: Joint Venture (Tata Group and Siemens AG)
Founding Date: Joint venture formed in 1984
Location: Mumbai, Maharashtra
Tata Siemens Ltd. combines the global technological prowess of Siemens with the strong industrial legacy of the Tata Group. It contributes to India’s industrial growth by providing cutting-edge technology solutions.
Voltas Ltd
Industry: Electrical Equipment
Sub-industry: Electrical Components & Equipment
Company Type: Public
Founding Date: 1954
Location: Mumbai, Maharashtra (Pin Code: 400010)
Voltas Ltd is renowned for its cooling solutions, and it has expanded its product range to include engineering and electrical solutions. The company is a reliable partner in maintaining comfortable environments and enhancing industrial processes.
Bharat Forge
Industry: Machinery
Sub-industry: Industrial Machinery
Company Type: Public
Founding Date: 1961
Location: Pune, Maharashtra (Pin Code: 411019)
Bharat Forge’s precision engineering and advanced manufacturing capabilities extend to sectors such as automotive, aerospace, and oil and gas. The company is a trusted name for critical components and solutions.
Adani Green Energy
Industry: Renewable Energy
Sub-industry: Renewable Energy Generation
Company Type: Public
Founding Date: 2015
Location: Ahmedabad, Gujarat
As a leader in renewable energy, Adani Green Energy is actively involved in sustainable projects, contributing to India’s efforts to reduce its carbon footprint and transition towards cleaner, more eco-friendly energy sources.
Commercial real estate demand in India
Office space- The capital goods industry in India has an exceptionally high demand for office space. This is due to the fact that capital goods companies sometimes have a sizable employee base and require a sizable quantity of office space to accommodate their activities.
Rental property- The market for capital goods in India has a considerable demand as well. This is due to the fact that many capital goods companies prefer to lease properties rather than purchase their own real estate. They can thus be more adaptable and adjust the size of their operations as necessary.
Impact- The capital goods industry’s substantial demand for commercial real estate is benefiting the Indian real estate market. It also encourages new construction projects while raising prices for rentals and property values.
Impact of capital good companies on India
Companies that manufacture capital goods are essential to the Indian economy. They produce the machinery and equipment utilised in a number of industries, including the generation, distribution, and transmission of power, the operation of railroads, and manufacturing in industries. Capital goods corporations have a large social influence in addition to their economic impact. By giving all Indians access to necessary infrastructure and services, they contribute to improving the quality of life for every individual in India and provide jobs for individuals from all walks of life.
FAQs
What do capital goods firms do?
What kind of capital goods sector would that be?
The majority of the real estate that the producer purchases in order to generate consumer goods is considered capital goods. Examples include structures, tools, furniture, and more.
The six capital products are what?
Capital goods comprise fixed assets, including structures, tools, equipment, and automobiles. Consumer products are the final product that you produce and manufacture, but capital goods are not.
What is a job in capital goods?
You are working in capital items as long as the company you work for produces a commodity that is used to make an item or service. The following are some capital goods-related industries: Automotive. Construction. Production of farm equipment.
What do capital goods in the GDP mean?
Human-made items, known as capital goods, are utilised by businesses or government organisations to create other products. Examples include tools, structures, dams, highways, and bridges.
Why spend money on capital goods?
Innovation is not feasible without financial investment, including the identification of new natural resource reserves or technical advancements. Businesses make capital investments when they buy capital goods or tangible assets like structures, machinery, equipment, cars, and tools.
What exactly are export capital goods?
The capital goods sector includes all equipment/accessories, including those needed for expansion, modernisation, and technical advancement, that are used in the direct or indirect production of goods or the provision of services.
Are all machines considered capital goods?
Machines that are used in the home purpose are not considered as capital goods.
What exports of capital goods does India make?
Heavy electrical and power plants, earthmoving and mining machinery, and manufacturing machinery for plants are the three biggest export subsectors of the capital goods sector, together contributing to 85% of India's total capital goods exports.
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