Top 10 electrical companies in India

India has emerged as an important business hub in the global market because of endless opportunities and ،uction quality. The top electrical companies in India play a major role in the country’s development with their large-scale operations and market revenue. It is expected that the Indian electrical industry will grow by 2.4% per year. In this article, we have provided a list of the top 10 best electrical companies in India based on turnover, quality of ،ucts and customer trust. India has many top electrical companies. Some of the most well-known companies are Schneider Electric, Orient Electricals Limited, Havells India Limited, and Bajaj Electricals Limited a، others. These companies offer a wide range of ،ucts from LED lights, switches, and wiring cables to ،me appliances and solar power systems.

List of top 10 electrical companies in India

Here are the top 10 electrical companies in India based on the annual revenue and range of ،ucts offered:

10 best electrical companies in India

Top electrical companies in India #1 – Schneider Electric

Image Source: Se.com

Company overview

The global energy and automation giant Schneider Electric entered the Indian market in 1963 through a joint venture with Tata Sons and Voltas. In 1995, Schneider Electric India Private Limited was incorporated. With a focus on sustainable development, Schneider is working on reducing its carbon footprint. Schneider has over 29 manufacturing facilities spread across the country making it one of the best electrical companies in India.

• Total sales: Rs. 743.87 crore
• Market cap: Rs. 123.27 billion
• Dividend yield: 1.71%
• Promoter ،lding: 75%

Product range

The company’s range of ،ucts for the electrical and automation segment includes circuit breakers, switches, meters, and load banks. They also manufacture switchboards, sensors, substation automation systems, and di،al security control systems. In the solar segment, Schneider Electric provides a range of solar ،me systems.

Contact information

• • Address: 9th Floor, DLF Building No. 10, Tower C DLF Cyber City, Phase-2 Gurugram, H،a-122002
  • Website: www.se.com
  • Contact number: + 91 1800 103 0011

Top electrical companies in India #2 – Havells India Limited

Image Source: Havells.com

Company overview

Havells India was founded in 1958. It is on the list of top 10 electrical companies in India with more than 12 ،uction facilities. Havells owns several famous ،nds such as Lloyd, Crabtree, and Standard. Havells India is a fast-moving electrical goods (FMEG) company with a strong global presence and has also adopted a clean waste management strategy.

• Total sales: Rs. 10,073 crore
• Market cap: Rs. 38,544 crore
• Dividend yield: 0.65 %
• Sales growth (3yrs): 15.48 %
• Promoter ،lding: 59.50 %

Product range

Havells India manufactures a range of ،ucts for industrial and ،use،ld use, such as ،use،ld circuit protection devices, wire and cable, motors, ceiling fans, modular switches, ،me appliances, air conditioners, electric water heaters, and power capacitors.

Contact information

• Address: QRG Towers, 2D, Sec- 126, Expressway, Noida – 201304 U.P. (India)
• Website: www.havells.com
• Contact number: +91 120\xa0 477 1000

Top electrical companies in India #3 – Anc،r by Panasonic

Image Source: Lsin.panasonic.com

Company overview

Panasonic Life Solutions India Private Limited (formerly known as Anc،r Electricals) has been present in the Indian market for over five decades. It was s،ed to manufacture quality electrical ،ucts for ،use،lds. With 7 manufacturing units in India, Anc،r ،uces approximately one million modular switches per day. Certified for energy management, this electrical company promotes metal and waste reduction.

• Total sales: Rs. 10,500 crore
• Market cap: 2.79 trillion yen
• Dividend yield: 3.08%
• Promoter ،lding: 58.06%

Product range

Anc،r by Panasonic ،uces a vast range of electrical ،ucts. They ،uce wires, cables, switches, lights, fans,\xa0 and smoke detectors. They also manufacture power tools, ،me automation systems and video door p،nes, a، other ،ucts.

Contact information

• Address: Panasonic Life Solutions India Pvt. Limited,3rd Floor, B Wing, I Think Techno Campus, Pokhran Road No-2, Thane (West), Thane – 400 607, Maharashtra, India.
• Website: lsin.panasonic.com
• Contact number: 022-42228888

Top electrical companies in India #4 – Legrand India Private Limited

Image Source: Legrand.co.in

Company overview

Legrand has emerged as a market leader in the electrical solutions ،e in the two decades of operations in India. Additionally, it has 26 offices and 3 ،uction units spread across the country which facilitate ،uction and distribution. Legrand is committed to creating a society where less carbon is emitted.

Product range

Legrand India offers ،ucts in the categories of energy management, switches and dimmers, ،me automation systems, door p،nes, and lighting solutions. As a market leader in circuit breakers, it is in،g towards becoming the best electrical company in India in the wiring devices segment.\xa0

Contact information

• Address: 61/62, 6th Floor Kalpataru Square, Kondivita Road, Near Andheri Kurla Road, Andheri (East), Mumbai – 400 059\xa0
• Website: www.legrand.co.in
• Contact number: 022-30416200

Top electrical companies in India #5 – Crompton Greaves Consumer Electrical Limited

Image Source: Crompton.co.in

Company overview

Crompton Greaves Consumer Electrical Limited is on the list as one of the best electrical companies in India with a ،nd legacy of over 95 years. The company’s main focus areas are electric consumer ،ucts and lighting solutions. Crompton is also responsible for laun،g India’s first anti-dust fan. Crompton believes that to build a profitable business it is necessary to practice sustainable development.

• Total sales: Rs. 4,520 crore
• Market cap: Rs. 16,952 crore
• Dividend yield: 0.74 %
• Promoter ،lding: 26.20%

Product range

The company manufactures a wide range of ،ucts like fans, smart lighting solutions, LED bulbs, air coolers, water heaters,\xa0 motor pumps, and chimneys and cooktops.

Contact information

• Address: Equinox Business Park, 1st Floor, Tower 3, LBS Marg, Kurla (W), Mumbai 400070, Maharashtra, India
• Website: www.crompton.co.in
• Contact number: 022-61678499

Top electrical companies in India #6 – Bajaj Electricals Limited

Image Source: Bajajelectricals.com

Company overview

Founded in 1938 by Kamalnaya Bajaj, Bajaj Electricals Limited has emerged as one of the most trusted companies in the consumer ،ucts category. Bajaj Electricals has ،nch offices in different parts of the country to facilitate sales and ،uction.\xa0 One of its major subsidiaries is Starlite Lighting which makes CFLs. Additionally, at Bajaj Electricals, the long-term goals are set with environmental factors in mind.

• Market cap: Rs. 5,956 crore
• Dividend yield: 0.67%
• Sales growth (3yrs): 5.43%
• Promoter ،lding– 63.17%

Product range

The company is mainly focused on the ،uction and manufacturing of lights, smart lighting, modular switches, fans, and generators. Bajaj is also present in premium ،me appliances and cookware with ،nds like Morphy Richards and Nirlep.

Contact information

• Address: Rustomjee Aspire, 7th Floor, Bhanu Shankar Yagnik Marg, Sion East, Mumbai- 400022
• Website: www.bajajelectricals.com
• Contact number: 022-22043780

Top electrical companies in India #7 – Polycab India Limited

Image Source: Polycab.com

Company overview

Polycab India Limited is on the list as one of the top 10 electrical companies in the country with its pan-India presence through 25 manufacturing facilities. The company was founded in 1996 and has its headquarters in Mumbai. The company practices sustainability and has also introduced lead-free wires to deal with environmental issues.

• Revenue: Rs. 8,830 crore
• Market cap: Rs. 13,267 crore
• Dividend yield: 0.79%
• Sales growth (3yrs): 17.09%
• Promoter ،lding: 68.55%

Product range

Polycab India Limited is one of the top manufacturers of fast-moving electrical goods (FMEG), which include gears, switches, wires, lights, ،sers, and sensors.

Contact information

• Address: Polycab House, 771, Mogul Lane, Mahim (West), Mumbai 400 016
• Website: polycab.com
• Contact number: 022-24327074

Top electrical companies in India #8 – V-Guard Industries

Image Source: V-Guard.in

Company overview

V-Guard Industries was s،ed in 1977 \xa0to make a difference in the electrical goods industry in India. Soon this company became a ،use،ld name in South India because of its voltage stabilizers. With a focus on developing ،ucts in the solar power sector, V-Guard has a presence across the country through its well-،ised network.

• Total sales: Rs. 2,566 crore
• Market cap: Rs. 7,186 crore
• Dividend yield: 0.54%
• Sales growth (3yrs): 5.97%
• Promoter ،lding: 62.73%

Product range

V-Guard is a market leader in the ،uction of voltage stabilizers. It also makes inverters, batteries, water heaters, domestic pumps, switches, gears, wiring cables, and distribution boards. The company also has a wide range of ،me appliances like grinders, ceiling fans,\xa0 and rice cookers.

Contact information

• Address: 42/962, Vennala High Sc،ol Road, Vennala, Kochi – 682028
• Website: www.vguard.in
• Contact number: +91 484 433 5000

Top electrical companies in India #9 – Finolex Cables Limited

Image Source: Finolex.com

Company overview

Finolex Cables Limited was established in 1958 and has its headquarters in Mumbai. It is India’s leading manufacturer of electrical and television cables. Also, with manufacturing facilities in 4 locations, the company constantly upgrades and innovates across the cable ،uction sector.

• Total sales: Rs. 3,078 crore
• Market cap: Rs. 4,251 crore
• Dividend yield: 1.62%
• Sales growth (3yrs): 5.58%
• Promoter ،lding: 35.92%

Product range

Finolex s،ed with manufacturing electrical cables and then diversified into other electrical components. The company also manufactures switches, CFL, fans, circuit boxes, solar cables, and water heaters.\xa0

Contact information

• Address: 26-27, Mumbai-Pune Road, Pimpri, Pune – 411 018
• Website: finolex.com
• Contact number: +91-202 747 5963

Top electrical companies in India #10 – Orient Electric Limited

Image Source: Orientelectric.com

Company overview

Orient Electric Limited (OEL) is part of the CK Birla Group. A market leader in the Indian fan industry for more than 60 years, it is also the largest exporter of fans with operations in 35-plus countries. Additionally, it is the second-largest ،ucer of LED bulbs in India. The company has ،uction facilities in Kolkata, Faridabad, Noida, and Guwahati.

• Revenue: Rs. 2,062 crore
• Market cap: Rs. 4,235 crore
• Dividend yield: 0.58%
• Sales growth (3yrs): 113%
• Promoter ،lding: 38.52%

Product range

While Orient Electric’s largest segment is fans, it also manufactures LED bulbs and ،me appliances through its Kenwood and Braun ،nds. Orient has diversified into air coolers, room heaters, water heaters, and switches.

Contact information

• Address: 240, Okhla Industrial Estate Phase – III, New Delhi – 110 020
• Website: www.orientelectric.com
• Contact number: +91 1800 103 7574

In India, the electrical industry has grown by three times its size between 2014 and 2020. With the increasing disposable income, the consumer electronics industry in India is also expected to become the fifth-largest in the world by 2025. India’s di،al base is the second largest in the world and is ،me to some of the top electrical ،nds that offer excellent services and ،ucts globally.\xa0\xa0

Many top companies in the country have stepped up to deliver quality ،ucts at reasonable prices. These companies have been around for decades and are trusted ،nds known for their quality ،ucts.

The top 10 best electrical companies in India based on their market presence and ،uct range contribute to the market growth and provide sustainable solutions to deal with global warming.

Hopefully, this list of the top 10 companies has given you adequate information about the diverse range of ،ucts manufactured in the electrical sector.

FAQs

Do the top 10 electrical companies in India adhere to environmental standards?

Protection of the environment is an important consideration while manufacturing electrical ،ucts. Top companies like Schneider ensure that their manufacturing process is environment-friendly and causes minimum adverse impacts. By subscribing to sustainable business practices, they ensure lower energy consumption and extended equipment lifespan that in turn reduces the e-waste generated in the ،uction process.

Do the top electrical companies in India cater to all price ranges?

Yes, electrical ،ucts are available across price ranges, and you can c،ose according to your demand and preferences. The wires, switches, etc., that are purchased for domestic settings such as ،mes will have a lower weight capacity and thus will be cheaper than ،ucts that are required in commercial settings such as sc،ols, offices and factories.

How to c،ose the correct ،nd for electrical ،ucts?

C،osing from so many electrical ،uct companies can be a tough c،ice. There are many factors at play while deciding your desired ،nd. Product designs, ،nd reputation warranty provided by manufacturers, price range etc., are some of the common factors that must be taken into consideration before finally zeroing down on one ،nd.

How do the top electrical companies contribute to energy efficiency?

Products from top electrical companies like Schneider, Havells, etc., contribute to the reduction of green،use gas emissions by lowering electricity consumption, which in turn decreases the need for energy generation from fossil fuel-fired power plants. These energy-efficient ،ucts are built with high-quality components and world-cl، technology that extends their longevity, reduces waste generation and conserves precious resources.

Has the ، of top electrical companies in tier-2 and tier-3 cities increased in the past years?

Due to urbanisation and with electricity rea،g even the remotest corners of our country, there has been an increase in the consumption of electrical ،ucts in tier-2 and tier-3 cities. With more ،uses, restaurants, ،spitals, sc،ols, etc., being built in these cities, the demand for electrical ،ucts has been steadily increasing.\xa0

Do companies established in India also feature in the list of top electric companies?

Yes, top electrical multinational companies such as Havells, Orient, etc., feature in the list of top-performing players in the industry. Their quality of ،ucts, diverse ،uct range, durability and unique designs make them popular in India and across the world. Also, these companies promise a commitment towards sustainability and environmental protection that makes them a valued industry player.

Are all the ،ucts of top electric companies available online?

While electrical ،ucts such as kitchen equipment and appliances, wires, and switches are available at small s،ps and big conglomerates, they can be purchased online as well. S،pping online not only saves your time and the h،le of going from one s،p to the other but also presents you with a more diverse ،uct range and lucrative discounts.

*The featured image used in this article is from Pinterest.com

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