Top 10 electrical companies in India | Best electrical brands in India

India has emerged as an important business hub in the global market because of its endless opportunities and production quality. The top electrical companies in India play a major role in the development of the country 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 products 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 among others. These companies offer a wide range of products from LED lights, switches, and wiring cables to home 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 products 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 also has over 29 manufacturing facilities spread across the country making it one of the best electrical companies in India.

• Total Sales: 743.87 crore
• Market Cap: 123.27 billion
• Dividend Yield: 1.71%
• Promoter holding: 75%

Product range

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

Contact information

• • Address: 9th Floor, DLF Building No. 10, Tower C DLF Cyber City, Phase-2 Gurugram, Haryana-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 the top 10 electrical companies in India with more than 12 production facilities. Havells owns several famous brands 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 Cr
• Market Cap: Rs 38,544 Cr
• Dividend Yield: 0.65 %
• Sales Growth (3Yrs): 15.48 %
• Promoter holding: 59.50 %

Product range

Havells India manufactures a range of products for industrial and household use, such as household circuit protection devices, wire and cable, motors, ceiling fans, modular switches, home 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  477 1000

Image Source: Lsin.panasonic.com

Company overview

Panasonic Life Solutions India Private Limited (formerly known as Anchor Electricals) has been present in the Indian market for over five decades. It was started to manufacture quality electrical products for households. With 7 manufacturing units in India, Anchor produces approximately one million modular switches per day. Certified for energy management, this top electrical company promotes metal and waste reduction.

• Total Sales: Rs 10,500 Cr
• Market Cap: 2.79 trillion yen
• Dividend Yield: 3.08%
• Promoter holding: 58.06%

Product range

Anchor by Panasonic produces a vast range of electrical products. They produce wires, cables, switches, lights, fans,  and smoke detectors. They also manufacture power tools, home automation systems, and video door phones, among other products.

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 space in the two decades of operations in India. Additionally, it has 26 offices and 3 production units spread across the country which facilitate production and distribution. Legrand is committed to creating a society where less carbon is emitted.

Product range

Legrand India offers products in the categories of energy management, switches and dimmers, home automation systems, door phones, and lighting solutions. A market leader in circuit breakers, it is inching towards becoming the best electrical company in India in the wiring devices segment. 

Contact information

• Address: 61/62, 6th Floor Kalpataru Square, Kondivita Road, Near Andheri Kurla Road, Andheri (East), Mumbai – 400 059 
• 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 brand legacy of over 95 years. The company’s main focus areas are electric consumer products and lighting solutions. Crompton is also responsible for launching 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 Cr
• Market Cap: Rs 16,952 Cr
• Dividend Yield: 0.74 %
• Promoter holding: 26.20%

Product range

The company manufactures a wide range of products like fans, smart lighting solutions, LED bulbs, air coolers, water heaters,  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

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Founded in 1938 by Kamalnaya Bajaj, Bajaj Electricals Limited has emerged as one of the most trusted companies in the consumer products category. Bajaj Electricals has branch offices in different parts of the country to facilitate sales and production.  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 Cr
• Dividend Yield: 0.67%
• Sales Growth (3Yrs): 5.43%
• Promoter holding– 63.17%

Product range

The company is mainly focused on the production and manufacturing of lights, smart lighting, modular switches, fans, and generators. Bajaj is also present in premium home appliances and cookware with brands 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 the year 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 Cr
• Market Cap: Rs 13,267 Cr
• Dividend Yield: 0.79%
• Sales Growth (3Yrs): 17.09%
• Promoter holding: 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, geysers, 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 started in 1977  to make a difference in the electrical goods industry in India. Soon this company grew to become a household name in South India because of its voltage stabilizers. With a focus on developing products in the solar power sector, V-Guard has a presence across the country through its well-organized network.

• Total Sales: Rs 2,566 Cr
• Market Cap: Rs 7,186 Cr
• Dividend Yield: 0.54%
• Sales Growth (3Yrs): 5.97%
• Promoter holding: 62.73%

Product range

V-Guard is a market leader in the production 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 home appliances like grinders, ceiling fans,  and rice cookers.

Contact information

• Address: 42/962, Vennala High School 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 the year 1958 and has its headquarters in  The company is headquartered in Mumbai. It is India’s leading manufacturer of electrical and television cables. Also, with manufacturing facilities in 4 locations, the company is constantly looking to upgrade and innovate across the cable production sector.

• Total Sales: Rs 3,078 Cr
• Market Cap: Rs 4,251 Cr
• Dividend Yield: 1.62%
• Sales Growth (3Yrs): 5.58%
• Promoter holding: 35.92%

Product range

Finolex started 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. 

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 producer of LED bulbs in India. The company has production facilities in Kolkata, Faridabad, Noida, and Guwahati.

• Revenue: Rs 2,062 Cr
• Market Cap: Rs 4,235 Cr
• Dividend Yield: 0.58%
• Sales Growth (3Yrs): 113%
• Promoter holding: 38.52%

Product range

While Orient Electric’s largest segment is fans, it also manufactures LED bulbs and home appliances through its Kenwood and Braun brands. 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

Conclusion

In India, the electrical industry has grown by three times its size in the 2014-2020 period. 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 digital base is the second largest in the world and the country is home to some of the top electrical brands that offer excellent services and products globally.  

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

The top 10 best electrical companies in India based on their market presence and product range are contributing to the market growth and providing sustainable solutions to deal with global warming.

Hopefully, our list of the top 10 companies has given you adequate information about the diverse range of products 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 products. 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 production process.

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

Yes, electrical products are available across price ranges and you can choose as per your demand and preferences. The wires, switches etc. that may be purchased for domestic settings such as homes will have a lower weight capacity and thus will be cheaper than products that are required in commercial settings such as schools, offices and factories.

How to choose the correct brand for electrical products?

Choosing from so many electrical product companies can be a tough choice. There are many factors at play while deciding your desired brand. Product designs, brand 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 brand.

How do the top electrical companies contribute to energy efficiency?

Products from top electrical companies like Schneider, Havells etc. contribute to a reduction in greenhouse gas emissions since declines in electricity consumption require less energy generation from fossil fuel-fired power plants. These energy-efficient products are built with high-quality components and world-class technology that extends their longevity, reduces waste generation and conserves precious resources.

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

Due to urbanisation and with electricity reaching even the remotest corners of our country, there has been an increase in the consumption of electrical products in tier-2 and tier-3 cities as well. With more houses, restaurants, hospitals, schools etc. being built in these cities, the demand for electrical products has been steadily increasing. 

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 products, diverse product 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 products of top electric companies available online?

While electrical products such as kitchen equipment and appliances, wires, and switches are available at small shops and big conglomerates, they can be purchased online as well. Shopping online not only saves your time and the hassle of going from one shop to the other but also presents you with a more diverse product range and lucrative discounts.

*The featured image used in this article is from Pinterest

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