Top 20 Manufacturing Companies in Pune

Pune, often referred to as the “Oxford of the East” due to its rich educational heritage, has earned another significant title over the years: a manufacturing powerhouse. Nestled in the heart of Maharashtra, Pune’s rise as a leading manufacturing hub is no accident. The city boasts a unique blend of favorable factors that have made it an attractive destination for both domestic and international manufacturing giants.

Why Pune is a Manufacturing Powerhouse

1. Strategic Location:

Pune’s strategic location is a significant advantage. It is well-connected by road, rail, and air, making it accessible to major markets and ports. The proximity to Mumbai, India’s financial capital, further enhances its appeal.

2. Skilled Workforce:

The presence of renowned educational institutions and technical colleges in Pune ensures a steady supply of skilled labor. This workforce is crucial for manufacturing industries that require precision and expertise.

3. Robust Infrastructure:

Pune has developed robust infrastructure to support industrial growth. Industrial areas such as Pimpri-Chinchwad, Chakan, and Ranjangaon are equipped with modern facilities, making them ideal for large-scale manufacturing.

4. Favorable Government Policies:

The Maharashtra state government has implemented several policies to encourage industrial growth. Incentives, subsidies, and streamlined processes have made it easier for companies to set up and operate in Pune.

5. Diverse Industrial Base:

Pune hosts a diverse range of industries, from automotive and IT to engineering and electronics. This diversity not only fosters innovation but also creates a supportive ecosystem for manufacturing enterprises.

6. Quality of Life:

Pune offers a high quality of life with its pleasant climate, green spaces, and vibrant cultural scene. This makes it an attractive destination for professionals, further strengthening the city’s human capital.

List of Top 20 Manufacturing Companies in Pune

Pune has established itself as a major hub for both IT companies in Pune and manufacturing companies in Pune, making it a key player in India’s economic growth. The city is home to numerous IT firms specializing in software development, cybersecurity, and digital solutions, attracting global attention for its tech innovation.

At the same time, Pune’s manufacturing sector is thriving, with companies in automotive, electronics, and engineering sectors contributing significantly to the economy. This blend of IT expertise and industrial strength makes Pune an ideal destination for businesses seeking both technological advancement and manufacturing capabilities.

1. Tata Motors

Tata Motors, a flagship company of the Tata Group, is a global leader in the automotive industry. Headquartered in Mumbai with significant operations in Pune, Tata Motors is renowned for its wide range of vehicles, including cars, utility vehicles, buses, trucks, and defense vehicles.

The company’s Pune plant is a cornerstone of its manufacturing prowess, equipped with state-of-the-art technology and a dedicated workforce. Tata Motors is also at the forefront of electric vehicle innovation in India, contributing significantly to the nation’s mobility solutions.

Company Size: Over 78,000 employees
Founder: J.R.D. Tata
Revenue: ₹ 296,917 crore (2023)
Industry: Automotive
Net Worth: ₹ 37,000 crore (approx.)
Address: Pimpri, Pune, Maharashtra, India

2. Bajaj Auto

Bajaj Auto, a part of the Bajaj Group, is a leading manufacturer of motorcycles and three-wheelers in India. Established in 1945, the company has grown into one of the most trusted and innovative names in the automotive sector.

Bajaj Auto’s Pune plant is a key manufacturing hub, producing iconic models such as the Pulsar, Dominar, and the popular auto-rickshaws. Known for its cutting-edge technology and robust engineering, Bajaj Auto exports its products to over 70 countries, making it a truly global brand.

Company Size: Around 10,000 employees
Founder: Jamnalal Bajaj
Revenue: ₹ 34,354 crore (2023)
Industry: Automotive
Net Worth: ₹ 1,17,000 crore (approx.)
Address: Akurdi, Pune, Maharashtra, India

3. Bharat Forge

Bharat Forge, part of the Kalyani Group, is a global leader in metal forging, catering to a wide range of industries including automotive, aerospace, oil and gas, power, construction, and mining. Founded in 1961, Bharat Forge’s Pune facility is one of the most advanced and integrated manufacturing complexes in the world. The company is renowned for its high-quality forged components and advanced manufacturing techniques, making it a preferred supplier for many leading global OEMs.

Company Size: Around 5,000 employees
Founder: Nilkanthrao A. Kalyani
Revenue: ₹ 13,225 crore (2023)
Industry: Metal Forging
Net Worth: ₹ 20,000 crore (approx.)
Address: Mundhwa, Pune, Maharashtra, India

4. Cummins India

Cummins India, a subsidiary of Cummins Inc., is a leader in the design and manufacture of diesel and alternative fuel engines, generator sets, and related components and technology.

Established in 1962, Cummins India has a strong presence in Pune, where it operates several manufacturing facilities and a world-class technical center.

The company is committed to delivering innovative and reliable power solutions, with a focus on sustainability and customer satisfaction.

Company Size: Around 10,000 employees
Founder: Clessie Lyle Cummins
Revenue: ₹ 5,284 crore (2023)
Industry: Power Generation and Engines
Net Worth: ₹ 18,000 crore (approx.)
Address: Kothrud, Pune, Maharashtra, India

5. Kirloskar Brothers Limited (KBL)

Kirloskar Brothers Limited, founded in 1888, is a pioneering name in the pump manufacturing industry. Headquartered in Pune, KBL offers a wide range of pumps and pumping systems for diverse applications, including water supply, irrigation, process industries, and power plants.

The company is known for its engineering excellence and commitment to quality, with a strong focus on sustainability and innovation. KBL’s Pune facility is equipped with advanced manufacturing and testing infrastructure, ensuring high performance and reliability.

Company Size: Around 7,000 employees
Founder: Laxmanrao Kirloskar
Revenue: ₹ 3,112 crore (2023)
Industry: Pump Manufacturing
Net Worth: ₹ 6,000 crore (approx.)
Address: Khadki, Pune, Maharashtra, India

6. Thermax Limited

Thermax Limited, based in Pune, is a leading engineering solutions company providing a wide range of products and services in the energy and environment sectors. Founded in 1966, Thermax’s portfolio includes boilers, heaters, cooling systems, power plants, and water and waste management solutions.

The company’s commitment to sustainability and innovation has made it a preferred partner for industries seeking to enhance energy efficiency and reduce environmental impact. Thermax’s Pune operations are central to its global strategy and growth.

Company Size: Around 4,500 employees
Founder: A.S. Bhathena
Revenue: ₹ 6,123 crore (2023)
Industry: Energy and Environment
Net Worth: ₹ 10,000 crore (approx.)
Address: Wakdewadi, Pune, Maharashtra, India

7. Finolex Cables

Finolex Cables, established in 1958, is India’s largest and most trusted manufacturer of electrical and telecommunication cables. With its headquarters in Pune, the company produces a wide range of products including power cables, communication cables, copper rods, and household electrical cables.

Known for its high standards of quality and reliability, Finolex Cables has a significant presence in both domestic and international markets. The company’s Pune plant is equipped with cutting-edge technology and adheres to the highest manufacturing standards.

Company Size: Around 2,500 employees
Founder: P.P. Chhabria
Revenue: ₹ 3,434 crore (2023)
Industry: Electrical and Telecommunication Cables
Net Worth: ₹ 4,000 crore (approx.)
Address: Pimpri, Pune, Maharashtra, India

8. Sandvik Asia

Sandvik Asia, a subsidiary of the global engineering group Sandvik, has been a key player in the Indian manufacturing landscape since 1960. Headquartered in Pune, Sandvik Asia provides advanced solutions and products in machining, mining, and materials technology.

The company’s Pune operations include manufacturing facilities, R&D centers, and service centers, all geared towards delivering high-performance solutions to industries across India and the Asia Pacific region. Sandvik Asia’s commitment to innovation and excellence makes it a leader in its field.

Company Size: Around 3,000 employees
Founder: Göran Fredrik Göransson (Sandvik AB)
Revenue: ₹ 2,250 crore (2023)
Industry: Engineering and Manufacturing
Net Worth: ₹ 3,500 crore (approx.)
Address: Dapodi, Pune, Maharashtra, India

9. Force Motors

Force Motors, founded in 1958, is a leading manufacturer of commercial vehicles, utility vehicles, and agricultural tractors in India. The company’s headquarters in Pune is home to its state-of-the-art manufacturing facilities, which produce a wide range of vehicles including the iconic Traveller, Trax, and the Balwan series of tractors.

Known for their durability and performance, Force Motors’ products are designed to meet the diverse needs of the Indian market. The company’s commitment to innovation and quality has earned it a strong reputation in the automotive industry.

Company Size: Around 7,000 employees
Founder: N.K. Firodia
Revenue: ₹ 3,487 crore (2023)
Industry: Automotive
Net Worth: ₹ 1,200 crore (approx.)
Address: Akurdi, Pune, Maharashtra, India

10. Kinetic Engineering Limited

Kinetic Engineering Limited, a part of the Kinetic Group, has been a pioneer in the Indian automotive industry since its inception in 1972. Headquartered in Pune, the company is known for its innovative two-wheelers and three-wheelers, which have transformed personal and commercial transportation in India.

Kinetic Engineering’s Pune plant is a hub of innovation and manufacturing excellence, producing a range of vehicles that cater to various segments of the market. The company’s focus on technology and customer satisfaction has made it a trusted name in the industry.

Company Size: Around 1,000 employees
Founder: H.K. Firodia
Revenue: ₹ 455 crore (2023)
Industry: Automotive
Net Worth: ₹ 250 crore (approx.)
Address: D-1 Block, Plot No. 18/2, MIDC, Chinchwad, Pune, Maharashtra, India

11. Honeywell Automation India Limited

Honeywell Automation India Limited (HAIL), headquartered in Pune, is a subsidiary of Honeywell International. Established in 1987, HAIL is a leading provider of integrated automation and software solutions that improve productivity, enhance safety and security, and ensure energy efficiency.

Honeywell’s Pune facility is a center for advanced manufacturing and R&D, serving clients across various industries including oil and gas, power, chemicals, and pharmaceuticals.

Company Size: Around 3,000 employees
Founder: Mark C. Honeywell
Revenue: ₹ 3,300 crore (2023)
Industry: Automation and Control Systems
Net Worth: ₹ 5,000 crore (approx.)
Address: Hadapsar Industrial Estate, Pune, Maharashtra, India

12. SKF India

SKF India, a part of the SKF Group, is a leading provider of bearings, seals, lubrication systems, and condition monitoring. With a presence in Pune since 1961, SKF India has played a significant role in the industrial development of the region.

The company’s Pune facility is equipped with advanced manufacturing technology and houses a state-of-the-art R&D center. SKF India is known for its commitment to quality and innovation, catering to industries such as automotive, aerospace, and heavy machinery.

Company Size: Around 4,500 employees
Founder: Sven Wingquist (SKF Group)
Revenue: ₹ 3,000 crore (2023)
Industry: Bearings and Mechanical Power Transmission
Net Worth: ₹ 4,500 crore (approx.)
Address: Chinchwad, Pune, Maharashtra, India

13. Mahindra & Mahindra (Automotive and Farm Equipment Sectors)

Mahindra & Mahindra, a flagship company of the Mahindra Group, is a leading manufacturer in the automotive and farm equipment sectors.

The company’s Pune facilities are integral to its operations, producing a wide range of vehicles including SUVs, commercial vehicles, and tractors.

Mahindra’s commitment to innovation and sustainability is evident in its Pune R&D center, which focuses on developing cutting-edge technology for future mobility solutions.

Company Size: Over 40,000 employees
Founder: J.C. Mahindra and K.C. Mahindra
Revenue: ₹ 45,000 crore (2023)
Industry: Automotive and Farm Equipment
Net Worth: ₹ 65,000 crore (approx.)
Address: Pimpri, Pune, Maharashtra, India

14. Siemens India

Siemens India, a subsidiary of Siemens AG, is a leading player in the fields of electrification, automation, and digitalization. With a strong presence in Pune, Siemens India manufactures a wide range of products including switchgear, motors, and automation systems.

The company’s Pune facility is a hub of innovation, focusing on the development of advanced technologies that drive efficiency and sustainability in various industries.

Company Size: Around 11,000 employees
Founder: Werner von Siemens (Siemens AG)
Revenue: ₹ 13,200 crore (2023)
Industry: Electrification, Automation, and Digitalization
Net Worth: ₹ 23,000 crore (approx.)
Address: Chakan, Pune, Maharashtra, India

15. Eaton India

Eaton India, a subsidiary of Eaton Corporation, is a global leader in power management solutions. The company’s Pune operations include manufacturing facilities and an engineering center that supports Eaton’s global product development. Eaton India is known for its innovative solutions in electrical systems, hydraulics, and vehicle components, which enhance the efficiency, reliability, and safety of various applications.

Company Size: Around 5,500 employees
Founder: Joseph Oriel Eaton II
Revenue: ₹ 5,600 crore (2023)
Industry: Power Management Solutions
Net Worth: ₹ 10,000 crore (approx.)
Address: Ranjangaon, Pune, Maharashtra, India

16. Emerson Electric Co. India

Emerson Electric Co. India, a subsidiary of Emerson Electric Co., is a leading provider of automation solutions and commercial and residential solutions. With a significant presence in Pune, Emerson India delivers advanced technology and innovative solutions to a wide range of industries.

The company’s Pune facility is equipped with state-of-the-art manufacturing and testing capabilities, ensuring high-quality and reliable products.

Company Size: Around 4,000 employees
Founder: John Wesley Emerson
Revenue: ₹ 4,200 crore (2023)
Industry: Automation Solutions and Commercial & Residential Solutions
Net Worth: ₹ 6,000 crore (approx.)
Address: Pimpri-Chinchwad, Pune, Maharashtra, India

17. JCB India Limited

JCB India Limited, a subsidiary of J.C. Bamford Excavators Limited, is a leading manufacturer of construction equipment. The company’s Pune plant is one of its largest manufacturing facilities, producing a wide range of machinery including backhoe loaders, excavators, and compactors. JCB India is known for its commitment to quality and innovation, providing robust and reliable equipment to the construction and infrastructure sectors.

Company Size: Around 5,000 employees
Founder: Joseph Cyril Bamford
Revenue: ₹ 9,000 crore (2023)
Industry: Construction Equipment
Net Worth: ₹ 12,000 crore (approx.)
Address: Talegaon, Pune, Maharashtra, India

18. ThyssenKrupp Industries India

ThyssenKrupp Industries India, a part of the ThyssenKrupp Group, is a leading player in the engineering and construction sector. Based in Pune, the company offers a wide range of products and services including boilers, sugar plants, cement plants, and material handling equipment.

ThyssenKrupp’s Pune facility is known for its engineering excellence and advanced manufacturing capabilities, serving clients across various industries.

Company Size: Around 3,500 employees
Founder: August Thyssen and Alfred Krupp (ThyssenKrupp Group)
Revenue: ₹ 4,800 crore (2023)
Industry: Engineering and Construction
Net Worth: ₹ 7,000 crore (approx.)
Address: Pimpri-Chinchwad, Pune, Maharashtra, India

19. Alfa Laval India

Alfa Laval India, a subsidiary of Alfa Laval AB, is a leading provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation, and fluid handling.

The company’s Pune facility is a center of excellence, offering a wide range of products and services to industries such as food and beverage, energy, marine, and wastewater treatment. Alfa Laval India is known for its innovative solutions that enhance efficiency and sustainability.

Company Size: Around 2,500 employees
Founder: Gustaf de Laval
Revenue: ₹ 3,200 crore (2023)
Industry: Heat Transfer, Separation, and Fluid Handling
Net Worth: ₹ 5,000 crore (approx.)
Address: Kasarwadi, Pune, Maharashtra, India

20. Hindustan Antibiotics Limited

Hindustan Antibiotics Limited (HAL), established in 1954, is one of India’s premier pharmaceutical companies. Headquartered in Pune, HAL was the first public sector company to manufacture penicillin on a large scale in India.

The company produces a wide range of pharmaceutical products, including antibiotics, anti-bacterials, and other essential drugs. HAL’s Pune facility is equipped with modern manufacturing and quality control systems, ensuring the production of high-quality medicines.

Company Size: Around 1,000 employees
Founder: Government of India
Revenue: ₹ 500 crore (2023)
Industry: Pharmaceuticals
Net Worth: ₹ 1,000 crore (approx.)
Address: Pimpri, Pune, Maharashtra, India

Conclusion

Pune stands as a manufacturing powerhouse, home to some of the most prominent and innovative companies in India. The city’s robust infrastructure, skilled workforce, and strategic location have made it an ideal destination for manufacturing giants across various industries. From automotive and engineering to pharmaceuticals and electronics, Pune’s diverse manufacturing sector continues to thrive, contributing significantly to India’s economic growth and technological advancement. As these companies continue to expand and innovate, Pune’s reputation as a hub of industrial excellence is only set to grow stronger.

FAQs

1. Why is Pune considered a manufacturing hub in India?

Answer: Pune is considered a manufacturing hub due to its strategic location, well-developed infrastructure, skilled workforce, and the presence of numerous educational and research institutions. The city’s connectivity via road, rail, and air further enhances its appeal to manufacturing companies.

2. What are some of the key industries in Pune’s manufacturing sector?

Answer: Key industries in Pune’s manufacturing sector include automotive, engineering, pharmaceuticals, information technology, electronics, and automation. Companies in these sectors benefit from Pune’s conducive business environment and access to skilled professionals.

3. How has Pune’s manufacturing sector contributed to the local economy?

Answer: Pune’s manufacturing sector has significantly contributed to the local economy by providing employment opportunities, boosting exports, and attracting investment. The sector’s growth has also led to the development of ancillary industries and services, further enhancing economic prosperity.

4. Which are some notable automotive manufacturing companies in Pune?

Answer: Notable automotive manufacturing companies in Pune include Tata Motors, Bajaj Auto, Mahindra & Mahindra, Force Motors, and Kinetic Engineering Limited. These companies produce a wide range of vehicles and contribute to the region’s automotive industry prominence.

5. What role does innovation play in Pune’s manufacturing industry?

Answer: Innovation plays a crucial role in Pune’s manufacturing industry by driving efficiency, improving product quality, and enabling companies to stay competitive in the global market. Many companies in Pune invest in research and development to develop cutting-edge technologies and solutions.