Ahmedabad, strategically located along the Sabarmati River in central Gujarat, has emerged as a highly attractive hub for manufacturing companies in India. The city’s business centres offer a conducive environment for these manufacturing enterprises to prosper. As these manufacturing companies continue to expand, there is a growing demand in Ahmedabad for industrial spaces, warehouses, and real estate developments to accommodate their needs.
In this article, we will provide you with a list of the top 10 manufacturing companies in Ahmedabad and evaluate their impact on the city’s manufacturing landscape and the evolving real estate scene.
Business landscape in Ahmedabad
Ahmedabad’s business landscape is a thriving tapestry of diverse industries and sectors. The city has established a robust presence in textiles, pharmaceuticals, plastics, metals, machinery, chemicals, electronics, and passenger car manufacturing, fostering a dynamic economic environment. The Gandhinagar corridor has evolved into a research and technology hub fueled by a concentration of educational institutions. This business-friendly environment positions Ahmedabad as an ideal destination for entrepreneurs and businesses, cementing its status as a vibrant commercial epicentre.Â
Top manufacturing companies in Ahmedabad
Maharishi Pharma Chem
Industry: 1998
Company type: ManufacturingÂ
Location: Ghatlodia, Ahmedabad – 380061
Founding date: 1998
Maharshi Group has been known for its expertise in developing Active Pharmaceutical Ingredients (APIs) for many years. Today, it is the leading manufacturer of APIs, specifically Corticosteroids, for pharmaceutical companies. It meets the highest standards of quality, impurity profile, polymorphism, residual solvents, and particle size distribution as per ICH guidelines and customer requirements. Maharshi Pharmachem enables customers to launch many generics through its APIs. With its state-of-the-art manufacturing facility and a team of highly qualified personnel, Maharshi Pharmachem is certified and registered for complying with cGMP and GLP standards.
Adani Enterprises
Industry: Edible oil and agro products
Company type: ManufacturingÂ
Location: S G Highway, Ahmedabad – 382421
Founding date: 1993
Adani Group has held a prominent position as a leading Indian conglomerate for more than ten years. Founded in 1993, it is a primary manufacturer and exporter of edible oil and agro products. It is highly dedicated to providing high-quality edible oil, food, pharma, aerospace, and solar products. The company has made significant expansions in Ahmedabad and globally, serving millions of satisfied clients worldwide.
Zaveri and CompanyÂ
Industry: Gems and Jewellery
Company type: ManufacturingÂ
Location: Swagat Cross Roads, Ahmedabad – 380006
Founding date: 1958
Since 1958, Zaveri and Company has been a renowned and trusted supplier of gems and jewellery. It provides professional and comprehensive after-sales and technical support related to manufacturing across industries. With its dedicated and adept jewellery manufacturing unit, it produces, imports, and exports precious jewellery pieces locally and globally. Zaveri and Company is headquartered in Ahmedabad and has a store in Surat (Gujarat). It has an in-house production unit that inspects the precision of manufactured jewellery pieces or precious gems.
Nirma Limited
Industry: Soaps and cleansing agents
Company type: ManufacturingÂ
Location: Ashram Road, Ahmedabad – 380009
Founding date: 1980
Nirma Limited, founded in 1980, is the oldest and leading manufacturer of soap products and cleansing agents. It provides a vast range of soaps, detergents, cleaning agents, and more. Nirma’s state-of-the-art production and service units, along with innovative and high-quality products, have made it the largest manufacturer of detergent and the second-largest manufacturer of toilet soaps in India. Nirma has expanded its presence across India and currently owns 58 companies under Nirma Limited.
Cadila PharmaceuticalsÂ
Industry: Pharmaceutical
Company type: ManufacturingÂ
Location: Bhat, Ahmedabad – 382210
Founding date: 1991
Cadila Pharmaceuticals, founded in 1991, is one of the largest privately owned pharmaceutical companies in India. It is dedicated to manufacturing and developing affordable pharmaceutical products for customers worldwide. It has in-house manufacturing and testing centres to ensure high-quality medicines are manufactured and exported daily. Over the decades, it has innovatively developed several pharmaceutical manufacturing processes. Its main motto is to become the leading caregiving, quality-focused, and research-driven pharmaceutical company globally.
Jindal Worldwide
Industry: Fabrics, yarns, and apparel
Company type: ManufacturingÂ
Location: Satellite, Ahmedabad – 380015
Founding date: 1986
Jindal Worldwide is a versatile manufacturer, importer, and exporter specialising in fabrics, yarns, and apparel. Its primary focus is on creatively crafting high-quality fabrics and yarns to meet customer requirements promptly. Utilising advanced machinery for manufacturing and colouring, Jindal Worldwide stands out with its skilled workforce, including designers, researchers, marketers, manufacturers, quality controllers, managers, and customer service professionals.
Zydus WellnessÂ
Industry: Pharma and food products
Company type: ManufacturingÂ
Location: Gandhinagar Highway, Ahmedabad – 382481
Founding date: 1988
With 13 years of experience, Zydus Wellness is dedicated to producing and exporting premium pharma and food products at competitive prices. Offering a wide range of pharma and food products aimed at nourishing and enhancing consumers’ lives, it has expanded its presence across India and currently boasts seven power brands under Zydus Wellness Ltd.
Epsilon Electronics
Industry: Electronics products
Company type: ManufacturingÂ
Location: Vastrapur, Ahmedabad – 380006
Founding date: 1983
Epsilon Electronics is a leading manufacturer and exporter of electronics products, specialising in embedded hardware and software, PCB design, manufacturing, assembly, and testing. The company continually adopts the latest technologies and procedures to manufacture innovative electronic products, aiming to be a competitive player in the global electronics industry.
Jupiter Comtex
Industry: Weaving preparatory machines
Company type: ManufacturingÂ
Location: Mehmedabad Road, Ahmedabad – 382445
Founding date: 1973
Jupiter Comtex is a distinguished manufacturer with over five decades of experience in crafting high-performance weaving preparatory machines. Based in Ahmedabad, Gujarat, India, it serves domestic and international B2B clients in the Denim and Non-Denim textile segments. It has earned unrivaled market leadership by specialising in super-speed warping machines, complete PLC-controlled sizing machines, Indigo Slasher dyeing, and Indigo Rope dyeing machines. Jupiter Comtex’s unwavering commitment to quality and innovation has positioned it as a trusted partner in the textile industry, catering to a broad spectrum of customer needs and setting the standard for excellence in weaving preparatory machinery.
Rabatex Industries
Industry: Textile and EngineeringÂ
Company type: ManufacturingÂ
Location: Kathwada GIDC, Ahmedabad – 382430
Founding date: 1962
Rabatex Industries, established in 1962, is a pioneer in the textile and engineering industries. Initially, it manufactured primary sectional warping machines and material handling-storage machinery. It has evolved to offer advanced computerised sectional warping machines, sizing machines, and specialised warping creels with electronic controls. Its machinery caters to a wide range of industries, from micro-units to large-scale modern units, and it continues to lead in innovation and technology.
Arvind Group
Industry- Textiles
Sub-industry- Apparel, denim, and retail
Company type- PublicÂ
Location- D Colony, Ahmedabad, Gujarat 380025
Founding date- 1931
The Arvind Group is a well-known conglomerate headquartered in Ahmedabad, India, with a wide range of commercial activities. Its strong suits are textiles, cutting-edge materials, environmental solutions, and real estate. The organisation strongly emphasizes sustainability, creative thinking, and quality while making significant contributions to the sustainable technology and fashion industries.Â
Chiripal Industries
Industry- Textiles
Sub-industry- Cotton textilesÂ
Company type- PublicÂ
Location- Piplaj, Ahmedabad, Gujarat 382405
Founding date-1988
There is an Ahmedabad in India, and it is home to the famous corporation known as Chiripal Industries. Here is an enterprise that deals strictly with fabric production and exports many fabrics, clothes, and home textiles chiefly into the international markets. Sustainability is one of the critical concerns of Chiripal Industries since it helped create a good reputation for quality and ethical behaviour and occupy significant positions in global markets.
Monte Carlo
Industry- Textiles and apparel
Sub-industry- Readymade garments
Company type- Public limitedÂ
Location- Chimanlal Girdharlal Rd, Ahmedabad, Gujarat 380007
Founding date- 1984
An Indian apparel brand that specialises in knitwear is called Monte Carlo. One of the top garment companies in India with more than 1,000 retail stores all over India’. Besides the above listed, including sweaters, cardigans, T-shirts, shirts, trousers, and dresses, Monte Carlo supplies different items for men, women, and children.
Sintex IndustriesÂ
Industry- Plastics
Sub-industry- Plastic productsÂ
Company type- Public limitedÂ
Location- Sai Baba Temple, Ahmedabad, Gujarat 380061
Founding date-1931
An important global leader in textiles and construction materials, Sintex Industries has its headquarters in India. renowned for its skill in producing cutting-edge goods including prefabricated buildings, water storage options, and tailored cloth. The corporation leads the sector thanks to its dedication to technical innovation and sustainability.
Ashima Group
Industry- TextileÂ
Sub-industry- Apparel and garment, home textiles
Company type- Publicly traded
Location- Khokhra, Ahmedabad, Gujarat 380021
Founding date- 1982
In several industries, including textiles, fashion, engineering, and real estate, the corporation shines. With a dedication to innovation and perfection, Ashima Group has built a reputation for high-quality goods and a customer-centric philosophy.
Aarvee Denims and Exports
Industry- Textiles
Sub-industry- Denim manufacturingÂ
Company type- PublicÂ
Location- Narolgam, Ahmedabad, Gujarat 380028
Founding date- 1988
A significant denim producer with headquarters in Ahmedabad, India is Aarvee Denims and Exports. The business, well-known for its premium denim goods, is excellent at creating, producing, and exporting many denim fabrics and apparel. Aarvee Denims mixes fashion and environmentally responsible practices, emphasizing innovation and durability.
Anjani Synthetics
Industry- TextilesÂ
Sub-industry- Synthetic fibers
Company type- PrivateÂ
Location- Piplaj, Ahmedabad, Gujarat 382405
Founding date- 1984
The biggest producer of synthetic yarns in India is Anjani Synthetics. It is renowned for producing numerous types of synthetic threads such as polyester, nylon, and polypropylene. The textile, automobiles, and industrial industries all use Anjani Synthetics’ products.
Novalab Healthcare
Industry- HealthcareÂ
Sub-industry- Pharmaceutical
Company type- Private limitedÂ
Location- Paldi, Ahmedabad, Gujarat 380007
Founding date- 2014
The renowned pharmaceutical company Novalab Healthcare’s headquarters are in Mumbai, India. It is dedicated to creating, producing, and distributing a wide range of excellent pharmaceuticals and healthcare products. With a strong emphasis on innovation and client satisfaction, Novalab Healthcare seeks to raise global health standards by providing trustworthy and affordably priced solutions in a variety of therapeutic sectors.
Algen healthcare
Industry- HealthcareÂ
Sub-industry- Medical technology
Company type- Public limitedÂ
Location- Ahmedabad, Kathwada, Gujarat 382410
Founding date- 2003
Research, development, and distribution of medicines and healthcare goods are the areas of expertise of Algen Healthcare, a reputable healthcare organisation headquartered in India. Algen Healthcare aspires to provide efficient and reasonably priced solutions across various medical fields, emphasizing innovation and quality.
Swiss Pharma
Industry- Pharmaceutical
Sub-industry- Biotechnology
Company type- Publicly traded
Location- Vatva GIDC, Ahmedabad, Gujarat 382445
Founding date- 1987
a reputable pharmaceutical company, Swiss Pharma, is a leader in developing and producing luxury pharmaceuticals. It focuses on medical areas such digestive in nature, neurology, and cardiovascular illness and has its headquarters in Switzerland. Swiss Pharma is dedicated to development and patient well-being while positively influencing the healthcare industry by providing reliable and effective pharmaceutical solutions.
Concord Biotech
Industry- Biopharmaceutical
Sub-industry- Active pharmaceutical ingredients and finished formulation
Company type- Public limitedÂ
Location- S.G. Highway, Ahmedabad, Gujarat 380015
Founding date- 1984
Premier biotechnology company Ahmedabad, India, is the home of Concord Biotech. It focuses on developing and producing products like enzymes, probiotics, and specialty compounds generated from fermentation. Concord Biotech is famous for its eco-friendly products and worldwide reach, making strides in various fields such as healthcare, agriculture, and more. A big part of Concord Biotech’s mission is research and innovation.
Commercial real estate demand in AhmedabadÂ
Office space
The demand for office space in Ahmedabad has seen steady growth, fueled by several key factors. The thriving IT and ITES sector in Ahmedabad, the establishment of new industrial parks and manufacturing plants, and the influx of multinational companies into the city have all contributed to increased demand. Consequently, office space rentals in Ahmedabad have experienced an upward trajectory.
Rental property
The demand for rental property in Ahmedabad is also on the upswing, driven by various factors. The city’s growing population, the rising number of people working in Ahmedabad, and the increasing preference for renting over property ownership are key contributors to this trend. As a result of this heightened demand, rental yields in Ahmedabad have shown improvement.
Impact
The surging demand for commercial real estate in Ahmedabad has a positive impact on the city’s overall economy. It stimulates the development of new commercial projects, generating employment opportunities and bolstering the city’s tax revenue. Consequently, the commercial real estate market in Ahmedabad is poised for continued growth in the coming years. This optimistic outlook is underpinned by Ahmedabad’s robust economic growth, strategic location, and ongoing infrastructure enhancements.Â
Impact of manufacturing companies on Ahmedabad
Manufacturing companies, with major contributors like Adani, have had a profound impact on Ahmedabad’s real estate landscape, effectively utilising local properties and driving heightened demand. Substantial investments in manufacturing, exemplified by Adani’s commitment to a new manufacturing plant for electric vehicles and batteries, have not only fueled economic growth but also created numerous job opportunities within the city. This surge in industrial activity has resulted in increased requirements for commercial as well as residential real estate in the vicinity of such manufacturing hubs. Moreover, the establishment of industrial zones dedicated to manufacturing activities has drawn businesses, intensifying the need for housing and office spaces. This mutually beneficial relationship between manufacturing and the real estate sector is poised to further bolster growth in Ahmedabad’s property market. Â
FAQs
Are there any pharmaceutical manufacturing companies in Ahmedabad?
Yes, Ahmedabad hosts several prominent pharmaceutical manufacturing companies, including Zydus Healthcare Limited and Cadila Pharmaceuticals Ltd.
Are there any jewellery manufacturing companies in Ahmedabad?
Ahmedabad boasts a thriving jewellery manufacturing sector, with well-known names such as Zaveri and Company Private Limited and AB Jewels among its leading players.
Do manufacturing companies in Ahmedabad export their products globally?
Yes, a significant majority of manufacturing enterprises in Ahmedabad actively participate in global exports, contributing to the city's international trade presence.
Which manufacturing companies maintain in-house R&D facilities for quality assurance?
Manufacturing firms such as Adani Enterprises Limited, Zaveri and Company Private Limited, Nirma Limited, and Epsilon Electronics have established in-house Research and Development (R&D) facilities to uphold and enhance the quality of their products.
Which industry holds prominence in Ahmedabad?
Which locality in Ahmedabad is experiencing the most industrial development?
Sanand is the primary area within Ahmedabad that is witnessing substantial growth in industrial activities and development.
What is the estimated cost of living in Ahmedabad?
For a family of four in Ahmedabad, the approximate monthly living expenses amount to Rs 102,899.7, excluding rental costs. For a single individual, monthly expenses are approximately Rs 29,899.7 without considering rent.
What income range is considered favourable in Ahmedabad?
On average, professionals in Ahmedabad earn around Rs 19 lakh annually, with salary packages typically ranging from Rs 15 lakh to Rs 50 lakh per year, based on data from 6518 profiles. The top 10% of earners command incomes exceeding Rs 31 lakh annually.
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