Top companies in Rajkot

Rajkot is a city in the western Indian state of Gujarat, known for its rich history, culture and industrial development. Rajkot is also one of the fastest-growing cities in India, with a population of over 1.4 million and a GDP of $13 billion. Rajkot is a city that offers a conducive environment for companies to grow and thrive. 

Rajkot has a dynamic and diverse economy, a large and skilled workforce, a competitive and affordable real estate market, and a supportive and progressive administration. Rajkot is a city that is poised to become one of the leading business hubs in India

In this blog post, we will explore the business landscape of Rajkot and how it affects the commercial and real estate sectors.

See also: Top automotive industries in Gujarat

 

Business landscape in Rajkot

Rajkot has a diverse and vibrant economy, with sectors such as manufacturing, engineering, jewellery, textiles, agro-processing, IT and tourism contributing to its growth. Rajkot is home to some of the largest companies in India, such as Reliance Industries, Tata Motors, Adani Group, Essar Group and Mahindra & Mahindra. Rajkot is also a hub for small and medium enterprises (SMEs), with over 5,000 registered units and more than 1,50,000 workers. Rajkot has been ranked the 22nd best city in India for doing business by the World Bank.

 

Top companies in Rajkot

 

Balaji Wafers 

• Industry: Food & Beverage
• Sub-Industry: Snack Manufacturing
• Company Type: Private
• Location: Survey No. 98/3, Village: Pardi, Taluka: Padadhari, District: Rajkot – 360110 (Gujarat)
• Founded in: 1982

A leading manufacturer and exporter of potato chips, nankeens, and other snacks in India and abroad. The company offers various snacks, including potato wafers, banana wafers, nankeens, and extruded snacks. Balaji Wafers is known for its high-quality products, innovative flavours, and wide distribution network. The brand has gained a strong customer base due to its delicious and crispy snacks, making it a household name in India.

 

Atul Auto 

• Industry: Automobile
• Sub-Industry: Three-Wheeler Manufacturing
• Company Type: Public
• Location: Survey No.86, Plot No.1 to 4, NH 8B, Near Microwave Tower, Shapar (Veraval), Dist: Rajkot – 360024 (Gujarat)
• Founded in: 1986

A prominent manufacturer and exporter of three-wheeler passenger and cargo vehicles for various segments and markets.Atul Auto Ltd is an Indian automobile manufacturing company headquartered in Rajkot, Gujarat. Established in 1986, the company specialises in producing three-wheeled commercial vehicles, known as auto-rickshaws or tuk-tuks. Atul Auto has a strong reputation for manufacturing reliable, fuel-efficient, and cost-effective vehicles.

 

Jyoti CNC Automation 

• Industry: Engineering & Construction
• Sub-Industry: CNC Machine Tools Manufacturing
• Company Type: Private
• Location: Plot No. P-5 GIDC Metoda Kalawad Road Rajkot – 360021 (Gujarat)
• Founded in: 1998

A leading manufacturer and exporter of CNC machine tools such as CNC turning centres, CNC milling machines, and CNC vertical machining centres.

 

Macpower CNC Machines 

• Industry: Engineering & Construction
• Sub-Industry: CNC Machine Tools Manufacturing
• Company Type: Private
• Location: Plot No. G-538 GIDC Metoda Kalawad Road Rajkot – 360021 (Gujarat)
• Founded in: 2003

Macpower CNC Machines is a leading manufacturer and supplier of CNC (Computer Numerical Control) machines based in India. Established with a vision to provide high-quality and technologically advanced machining solutions, the company has earned a reputation for excellence in the industry.

 

Fieldmarshal

• Industry: Engineering & Construction
• Sub-Industry: Diesel Engine Manufacturing
• Company Type: Private
• Location: Aji Industrial Estate Rajkot – 360003 (Gujarat)
• Founded in: 1963

A renowned manufacturer and exporter of diesel engines for various applications such as agriculture, marine, power generation, and industrial.

 

Nova Technocast 

• Industry: Metals & Mining
• Sub-Industry: Steel Casting Manufacturing
• Company Type: Private
• Location: Survey No.217/P1/P2/P3/P4/P5/P6/P7/P8/P9/P10/P11/P12/P13/P14/P15/P16/P17/P18/P19/P20 Plot No.1 to 20 Shapar Industrial Area Shapar Veraval Rajkot – 360024 (Gujarat)
• Founded in: 2000

Nova Technocast is a renowned company in the field of metal casting, specialising in investment casting processes. Based in India, the company has earned a strong reputation for delivering high-quality and precision castings to various industries. A reputed manufacturer and exporter of steel castings for various automotive, oil and gas, power, mining, and engineering industries.

 

Rajoo Engineers 

• Industry: Machinery
• Sub-Industry: Plastic Processing Machinery Manufacturing
• Company Type: Public
• Location: Survey No.210 Plot No.1 Industrial Area Veraval Shapar Rajkot – 360024 (Gujarat)
• Founded in: 1986

A pioneer in the plastic processing machinery industry that offers a wide range of products such as blown film lines, sheet lines, thermoformers, and extruders.

 

Dharti Industries

• Industry: Agriculture
• Sub-Industry: Flour Mill Manufacturing
• Company Type: Private
• Location: Kailashpati Society Street No.3 Nehru Nagar 80 Feet Road Dhebar Road South Atika Rajkot – 360002 (Gujarat)
• Founded in: 1982

Dharti Industries is a prominent company in the manufacturing sector, known for its diverse range of products and services. Based in India, the company has established itself as an industry leader.

Dharti Industries specialises in the production of high-quality industrial equipment and machinery. The company offers various products, including agricultural machinery, construction equipment, and industrial tools. These products are designed and manufactured precisely, ensuring durability and reliability for various applications.

 

Ajanta Oreva Group

• Industry: Electrical Equipment
• Sub-Industry: LED Lighting and Appliances Manufacturing
• Company Type: Private
• Location: Ornet House, Opp. S.T. Work Shop, Patia Circle, Naroda Road, Ahmedabad – 380025 (Gujarat)
• Founded in: 1971

The Ajanta Oreva Group is a prominent conglomerate based in India, recognized for its diversified business interests and extensive contributions to various sectors. With a rich legacy and a commitment to excellence, the group has made a significant impact on the business landscape.

 

Bombay Super Hybrid Seeds 

• Industry: Agriculture
• Sub-Industry: Seed Production
• Company Type: Private
• Location: Bombay Super Hybrid Seeds Ltd, Plot No. 246, GIDC, Pandesara, Surat – 394221, Gujarat
• Founded in: 1987

Established in 1987, Bombay Super Hybrid Seeds Ltd. is a key player in the agriculture sector, particularly in seed production. Situated in Gujarat, the company has made significant strides in the industry. It specialises in producing top-notch hybrid seeds for various crops, contributing significantly to the agricultural landscape.

 

Classic Cotton 

• Industry: Textiles
• Sub-Industry: Cotton Manufacturing
• Company Type: Private
• Location: Classic Cotton Pvt Ltd, Plot No. 18, Survey No. 45/1, Hadamtala Industrial Estate, At Village Hadamtala, Rajkot – 360311, Gujarat
• Founded in: 1992

Classic Cotton was founded in 1992, is a well-known name in the textile industry, particularly in cotton manufacturing. Based in Rajkot, Gujarat, the company has been a significant contributor to the textile sector. It specialises in producing high-quality cotton products, meeting diverse market demands.

 

Falcon Pipes 

• Industry: Manufacturing
• Sub-Industry: Pipe Production
• Company Type: Private
• Location: Falcon Pipes Pvt Ltd, Plot No. G-2055, Opp. Solar Industries, Kishan Gate Road, Metoda GIDC, Rajkot – 360021, Gujarat
• Founded in: 2001

Established in 2001, Falcon Pipes Pvt. Ltd. is a notable player in the manufacturing sector, specifically in pipe production. Situated in Rajkot, Gujarat, the company has garnered recognition for its quality offerings. It specialises in producing various types of pipes, providing industries with reliable and robust solutions.

 

Landmark Automobiles

• Industry: Automotive
• Sub-Industry: Automobile Dealership
• Company Type: Private
• Location: Landmark Automobiles Pvt Ltd, Survey No. 54, Plot No. 7-B, Nr. Greenland Cross Road, Opp. Patel Vihar, Rajkot – 360004, Gujarat
• Founded in: 2010

Landmark Automobiles, Rajkot, established in 2010, is a reputable name in the automotive industry, specifically in automobile dealerships. Based in Rajkot, Gujarat, the company has made significant contributions to the automotive sector. It provides a wide range of vehicles and services, ensuring customer satisfaction and trust.

 

Commercial and real estate impact on office space and rental property for companies in Rajkot

The rapid economic development of Rajkot has led to an increased demand for office space and rental property for companies in Rajkot. According to a report by Knight Frank, Rajkot has witnessed a 25% growth in office space absorption in 2022 compared to the previous year. The average rental rate for office space in Rajkot is Rs 40 per sqft, which is lower than the national average of Rs 50 per sqft. The prominent office locations in Rajkot at Kalawad Road, Gondal Road, Yagnik Road, and University Road.

 

The residential market in Rajkot is also booming, with a 30% increase in sales volume in 2022 compared to 2021. The average price for residential property in Rajkot is Rs 3,000 per sqft, which is affordable compared to other cities in Gujarat. The main residential areas in Rajkot are Nana Mava Road, Raiya Road, Kalavad Road and Kotecha Nagar.

 

Impact of companies in Rajkot

Companies in Rajkot have positively impacted the city’s socio-economic development. Companies in Rajkot have created employment opportunities, enhanced infrastructure, supported education and skill development, promoted innovation and entrepreneurship, and contributed to social welfare and environmental sustainability. Companies in Rajkot have also boosted the city’s brand image and reputation as a business destination.

 

FAQs

What are the major industries in Rajkot?

Rajkot is known for its diverse industries, including engineering, jewellery, auto-components, casting and forging, diesel engines, machine tools, and the share market.

Which are the top companies in Rajkot?

Some top companies in Rajkot include Atul Auto, Balaji Wafers, Jyoti CNC Automation, Maruti Suzuki India, Parin Furniture, Rolex Rings and more.

How can I find a job in Rajkot?

You can find jobs in Rajkot through online portals like Naukri.com, Indeed.com, job fairs, referrals, or by checking local newspapers and magazines.

What is the average salary in Rajkot?

As of September 2023, the average salary in Rajkot is Rs 3,01,000 per year, with variations based on experience, qualifications and skills.

What is the cost of living in Rajkot?

The cost of living in Rajkot is approximately Rs 21,000 per month for a single person and Rs 74,000 per month for a family of four as of September 2023.

What are the best places to visit in Rajkot?

Rajkot boasts attractions like the Rotary Dolls Museum, Kaba Gandhi No Delo, Watson Museum, Jubilee Garden, Aji Dam, and more.

What are the best hotels to stay in Rajkot?

Some top hotels in Rajkot include The Imperial Palace Hotel, Regenta Central Rajkot, The Fern Residency Rajkot and others.

How can I travel to Rajkot?

You can reach Rajkot by air through its airport, by rail via the railway station, or by road, as it's well-connected to nearby cities.

What is the best time to visit Rajkot?

The ideal time to visit Rajkot is from October to March when the weather is pleasant for outdoor activities.

What are the cultural aspects of Rajkot?

Rajkot is rich in culture, featuring festivals like Navratri and Diwali, delicious cuisine, art, craft, literature and educational institutions.

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 [email protected]