Manufacturing Indian Companies | Top Companies in 2024

Are you curious to know about top manufacturing Indian companies? In this post, you will know about the same. India is the largest manufacturer of many things.

And India is a land of opportunities, one of the reasons being its diverse culture. This is not the only reason, there are also other reasons. India has made a mark in different industries. No doubt manufacturing plays a crucial role in the development of any country. And India is not an exception.

So there are many manufacturing businesses in India. Today you’ll learn about the manufacturing companies in India.

So what are you waiting for?

Let’s just dive in…

Top 16 Manufacturing Indian Companies

It’s a well-known fact that there are numerous manufacturing companies in India. So it’s hard to list them in a blog post. And it’s even harder to organize them.

As I have said, there are many companies from different industries. After some research, I found 16 companies from different industries.

So, I have listed the top 16 manufacturing companies by revenue.

Take a look at the manufacturing Indian companies below.

1 Tata Motors Limited

Headquartered in Mumbai, Tata Motor is a subsidiary of the Tata Group. J.R.D Tata founded the company. Tata Motor manufactures passenger cars,  vans, buses, trucks, coaches, luxury cars, sports cars, and construction equipment.

Without any doubt, Tata Motors Limited automotive company is one of the top and largest automotive Manufacturing Indian Companies.

It has planted many manufacturing plants in multiple states in India. So that it can produce a lot of cars. Apart from this, the company has also plants in foreign countries.

Do you know Tata Motor owns the British luxury car manufacturer Jaguar Land Rover? Yeah, that’s true.

In 2019 Tata Motors ranked #265th on the Fortune Global 500 list of the world’s biggest corporations. Tata Technologies is responsible for the design, engineering, and business process outsourcing services.

Tata Technologies is a subsidiary of Tata Motors. On the Fortune Global 500 (2019) list of the world’s biggest corporations, Tata Motors ranked #265.

As of 2021, Tata Motors has 78,906 employees.

Revenue: Rs.281.507 crore (US$37 billion) (2022), Source Wikipedia

2 Tata Steel Limited

Founded in 1907, Tata Steel is a steel manufacturing company. Obviously, it is part of the giant conglomerate Tata Group.

Earlier it was known as Tata Iron and Steel Company Limited (TISCO). After that, they changed the company.

With an annual capacity of 13 million tonnes, Tata Steel is the 2nd largest steel company in India after the Steel Authority Of India(It’s a Government-owned company).

The giant steel company operates in 26 countries.

The largest Tata Steel plant is established in Jamshedpur. In fact, It has a manufacturing capacity of 10 million tonnes per year.

All combined facilities have a capacity of 34 million tonnes per annum.

Tata Steel ranked #486 in the 2014 Fortune Global 500 ranking of the world’s biggest corporations.

Revenue: Rs.244,744 crore (US$32 billion) (2022)

3 Hindustan Unilever Limited

Hindustan Unilever is a consumer goods company, a subsidiary of British company Unilever. Unilever sells its products across 190 countries simultaneously.

HUL is one of the largest FMCG in India without a doubt. The company manufacturers foods, beverages, cleaning agents, personal care products, water purifiers, & many more.

HUL has over 50 FMCG brands in India. The consumer goods company has a diversified portfolio of brands i.e. Horlicks, Brooke Bond, Bru, Knorr, Kissan, Kwality Wall’s, Lux, Lifebuoy, Surf Excel, Rin, Wheel, Glow & Lovely, Pond’s, Vaseline, Lakme, Dove,  Clinic Plus, Sunsilk, Pepsodent, Closeup, Axe, Pureit, etc.

Revenue: Rs.40,415 crore (US$5.3 billion) (2020)

4 Hindalco Industries Limited

Founded in 1968, Hindalco is an Indian aluminum and copper manufacturing company. Aditya Birla Group, an Indian MNC conglomerate established this company.

Hindalco is one of the world’s largest aluminum rolling companies. And it is one of the biggest producers of primary aluminum in Asia.

In 2013 the company ranked #895 in the Forbes Global 2000.

The company is also available in 9 countries.

As of 2020 the company had over 40,000 employees.

Revenue:  Rs.196,195 crore (US$26 billion) (2022)

5 Grasim Industries

Grasim Industries is a leading textile & it’s related product manufacturer company in India. It was founded in 1947.

The textile manufacturing company is the largest producer of viscose rayon fiber. Surprisingly they export their products to 50 countries.

In fact, Grasim has a market share of 24%. Grasim is ranked 24th on the Fortune India 500 in 2020. Aditya Birla Group is the parent company of Grasim.

Revenue: ₹96,522 crore (US$13 billion) (2022)

6 Maruti Suzuki

Maruti Suzuki is an Indian automobile manufacturer in India. Earlier it was known as Maruti Udyog Limited. Now Suzuki Motor Corporation (A Japanese Automotive Manufacturer) owns the company.

At this point, it is the largest automotive manufacturer in India. Maruti Suzuki has a market share of 44.2% in the Indian passenger car market.

Until now, Maruti Suzuki has manufacturing facilities that have a production capacity of 2,250,000 vehicles per year.

Revenue: Rs.78,994 crore (US$10 billion) (2020)

7 Mahindra & Mahindra

Headquartered in Mumbai, Mahindra & Mahindra is an Indian MNC automotive manufacturer. In fact, It is one of the largest vehicle manufacturers in India.

Previously it was known as Mahindra & Muhammad. Later they changed the name to Mahindra & Mahindra. At first, it was founded as a steel trading company.

Mahindra & Mahindra owns the world’s largest tractor manufacturer Mahindra Tractor. They sell their tractors across 40 countries. On the other hand, the company manufactures passenger cars, SUVs, MUVs, etc.

In 2018 the company ranked #17th on a list Fortune India 500.

Mahindra and Mahindra also have tied up with Ford and Renault. Although M&M ended its partnership with Renault in 2020.

Revenue: Rs.74,277.78 crore (US$9.7 billion) (2021)

8 Motherson Sumi Systems

Motherson Sumi Systems Limited is an automotive components manufacturer and supplier company.

It is a joint venture between Samvardhana Motherson International Ltd of India and a Japanese company called Sumitomo Wiring Systems Ltd.

Motherson Sumi Systems is the largest manufacturer of automotive wiring harnesses and mirrors for passenger cars in India. Not only this is but it is also India’s largest auto parts provider.

According to Automotive News Motherson Group is ranked #21st among global automotive suppliers. Not only this but it has also ranked #11 auto ancillary in India for 7 consecutive years.

The company is listed as the Fab 50 companies of India in Forbes.

Revenue: Rs.63,767 crore (US$8.4 billion) (2020)

9 UltraTech Cement

Manufacturing Indian Companies

UltraTech is India’s largest cement manufacturer. It has a capacity of producing 119.95 million tonnes of cement per year.

The company also operates in other countries. Concurrently, UltraTech sells white cement under the brand name Birla White.

The giant cement manufacturer company is part of Aditya Birla Group. India’s No 1 cement company among the top 10 cement companies in India.

Surprisingly, UltraTech is the only cement manufacturer to have 100+ MTPC of cement production capacity in a single country (Outside China).

The cement company has a network of over one lakh channel partners in India. Hence, It has a market reach of more than 80% across India.

In 2018, UltraTech acquired Binami Cement.

Revenue: ₹53,106 crore (US$7.0 billion) (2022)

10 UPL Limited

Manufacturing Indian Companies

Founded in 1969, UPL is an Indian MNC that manufacturers that serve the agribusiness industry. The company manufacturers & markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals.

Since its inception, it was known as United Phosphorus Limited. After that In 2013, the company changed its name to UPL Limited. At the present time, the company sold its products in more than 150 countries.

Surprisingly, It is the 5th agrochemical company in the world.

Revenue: Rs.38,952 crore (US$5.1 billion) (2021)

11 Bajaj Auto Limited

Bajaj Auto is an automotive manufacturing company that manufactures motorcycles, scooters, and auto-rickshaw. It’s a subsidiary of Bajaj Group, which was founded by Jamnalal Bajaj.

At First, they just import and sold two- and three-wheelers in India. Then in 1959, they got a license from the Government to start manufacturing.

With more than 18 million motorcycles sold in over 70 countries, Bajaj Auto is the world’s 3rd manufacturer of motorcycles. And it is the second-largest manufacturer in India.

It is also the world’s largest manufacturer of three-wheelers. And it is responsible for almost 84% of India’s three-wheeler exports.

Can you guess, which company delivered the first Indian 4-stroke motorcycles? Yup’s, you guessed it right. It’s none other than Bajaj.

In 2020 the company became the world’s most valuable two-wheeler company crossing the market capitalization of Rs.1 lakh crore.

Revenue: Rs.29,919 crore (US$3.9 billion) (2020)

12 Ashok Leyland

Manufacturing Indian Companies

Headquartered in Chennai, Ashok Leyland is an Indian automotive manufacturer in India. Hinduja Group owns the company.

Surprisingly, Ashok Leyland is India’s 2nd largest manufacturer of commercial vehicles.

It is also the 4th largest manufacturer of buses in the world, and the 19th largest manufacturer of trucks. The automotive company has manufacturing units in multiple states.

Ashok Leyland was ranked #34th best brand in India according to Interbrand in 2019. In the same year, it was among the top 10 global commercial vehicle makers. The company served its products in more than 50 countries.

Revenue: Rs.22,059 crore (US$2.9 billion) (2020)

13 Asian Paints Limited

Manufacturing Indian Companies

Asian Paints is an MNC Indian paint company. The paint company manufactures paints, coatings, etc.

In 1942 four friends Champaklal Choksey, Chimanlal Choksi, Suryakant Dani and Arvind Vakil started the company.

In a short time, Asian Paints become a leading manufacturer in 1967.

At the present time, Asian Paints is India’s largest paint company, and Asia’s 3rd largest.

The paint company manufacturers its items in 15 countries.

Revenue:  ₹22,016 crore (US$2.9 billion) (2021)

14 Apollo Tyres Limited

Manufacturing Indian Companies

Headquartered in Gurugram, Apollo Tyres is a tyre manufacturing Indian company it was founded in 1972. Apollo manufacture tyres for passenger car, MUVs, SUV, light truck, truck-bus, two-wheeler, agriculture, industrial, bicycle, and off-the-road tyres.

The tyre company markets its products in two brands – Apollo and Vredestein. It has over 5,000 dealers in India. Who sells its products across the country.

Revenue: Rs.17,526.38 crore (US$2.3 billion)

15 Cipla

  • Cipla is one of the largest pharmaceutical companies in India by market cap.
  • The pharmaceutical company was founded in 1935.
  • Formerly it was known as “The Chemical Industrial & Pharmaceutical Laboratories”.
  • After that in 1984, it changed its name to Cipla Limited.
  • At the present time, they sell its 1500+ products in 80 countries.
  • Cipla has manufacturing plants in 8 locations across India. That helps the company manufacture tons of medicines.

Revenue: ₹17,476.19 crore (US$2.3 billion)

16 Parle

  • Last but not least Parle. Parle is a food processing company. It was founded a long time ago, in the year 1929.
  • The name parle says it all that the world’s famous biscuit “Parle-G” comes from the house of Parle.
  • I am damn sure you have tried the biscuit in your childhood days.
  • Till now, it is bestselling biscuit all over the world.
  • Parle Products has also some other famous biscuits such as 20-20 Cookies, Happy Happy, Hide & Seek, Krackjack, Magix Creme, Bour Bun, Milano, Monaco, & many others.
  • Parle also manufactures popular cold drinks Frooti & Thumbs Up.
  • As of 2019, Parle has a 7% market share in the biscuit market.
  • Presently, Parle has biscuit manufacturing facilities in multiple states.

Revenue: Rs.13,682 crore (US$1.8 billion)


In conclusion, these are the list of the top 15 manufacturing companies in India. The manufacturing industry is one of the growing industries all over the world.

Even the industry is one of the leading sources of employment for the Indian youth.
I hope this post helped you to get the information that you want.

Lastly, Let me know in the comment if I missed anything.

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