Top 10 Boiler Companies in India | Ranked & Reviewed 2025

Code: MTA7348 Publication Date: Aug 2025

Top 10 Boiler Companies in India

According to 6Wresearch internal database and industry insights, the India Boiler Market is anticipated to grow at robust pace, growing at a CAGR of around 6.8% during the forecast period (2025–2031).

This remarkable growth is underpinned by surging demand from sectors such as power generation, chemicals, oil & gas, food processing, and manufacturing. Additionally, transformation of aging power plants and the increasing need for energy-efficient solutions are instigating technological advancements in the boiler sector.

This report emphasizes the Top 10 Boiler Companies in India, as acknowledged through widespread analysis conducted by 6Wresearch internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Boiler Industry.

List of Leading Companies in the India Boiler Market

Below is a comprehensive list of the leading market players driving growth in this sector –

1. Thermax Limited

Company NameThermax Limited
Established Year1966
HeadquartersPune, Maharashtra
Official WebsiteClick Here

Thermax is a leading energy and environment solutions provider, manufacturing a wide range of boilers including solid fuel, oil, gas, and waste heat recovery systems.

2. Bharat Heavy Electricals Limited

Company NameBharat Heavy Electricals Limited
Established Year1964
HeadquartersNew Delhi, Delhi
Official WebsiteClick Here

BHEL is a government-owned engineering and manufacturing company offering utility and industrial boilers with advanced steam generation technology.

3. Forbes Marshall Pvt. Ltd.

Company NameForbes Marshall Pvt. Ltd.
Established Year1926
HeadquartersPune, Maharashtra
Official WebsiteClick Here

Forbes Marshall specializes in steam engineering and control instrumentation, offering efficient and compact boilers for process industries.

4. ISGEC Heavy Engineering Ltd

Company NameISGEC Heavy Engineering Ltd
Established Year1933
HeadquartersYamunanagar, Haryana
Official WebsiteClick Here

ISGEC provides a wide array of boiler systems including utility, waste heat, and biomass boilers, catering to domestic and global markets.

5. Cheema Boilers Limited

Company NameCheema Boilers Limited
Established Year1999
HeadquartersMohali, Punjab
Official WebsiteClick Here

CBL manufactures a diverse range of boilers and thermal solutions for sectors like food processing, textile, distilleries, and paper.

6. Veesons Energy Systems Pvt. Ltd.

Company NameVeesons Energy Systems Pvt. Ltd.
Established Year2002
HeadquartersTiruchirappalli, Tamil Nadu
Official Website-

Veesons is a reputed name in industrial boilers, known for compact and efficient designs serving both domestic and international markets.

7. Southern Boilers and Equipments Pvt. Ltd.

Company NameSouthern Boilers and Equipments Pvt. Ltd.
Established Year1995
HeadquartersChennai, Tamil Nadu
Official WebsiteClick Here

Southern Boilers offers a variety of steam boilers, hot water generators, and thermic fluid heaters with a focus on customized solutions.

8. Industrial Boilers Ltd

Company NameIndustrial Boilers Ltd
Established Year1974
HeadquartersNavi Mumbai, Maharashtra
Official WebsiteClick Here

IBL is one of the largest boiler manufacturers in India, offering high-capacity industrial boilers for thermal power, paper, and sugar industries.

9. Kudgi Boilers Pvt. Ltd.

Company NameKudgi Boilers Pvt. Ltd.
Established Year2005
HeadquartersBengaluru, Karnataka
Official Website-

Kudgi Boilers provides efficient and compact steam and hot water boilers designed to meet energy and emission standards across industries.

10. Ross Boilers

Company NameRoss Boilers
Established Year2001
HeadquartersPune, Maharashtra
Official WebsiteClick Here

Ross Boilers is a specialist in small and medium-capacity steam boilers with strong presence in the food, laundry, and pharmaceutical industries.

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