Top electric motor manufacturing companies in India | Market Leaders & Trends 2026

Code: MTA3905 Publication Date: Jun 2025

Top electric motor manufacturing companies in India

India electric motor market is projected to grow at a robust CAGR of 11% from 2026-2032. One major growth engine fueling this expansion is the accelerating electrification of transportation and industrial segments, which is driving immense demand for energyefficient AC and DC motors across EVs, locomotives, robotics, and factory automation.

For detailed forecasts, data tables, and competitive benchmarking,
Explore the full India electric motor market.

Another significant contributor driving the upward trend in demand is the importance of government policy, especially the government PLI and FAME schemes which promote advanced domestic manufacturing and electrification of vehicles, stimulating production of traction motors and smart industrial drives. Moreover, the overall push and trends towards widespread EV adoption, supported by subsidies, the continuously expanding charge network, and increased environmental awareness by the consumer market will continue to drive portions of the market into traction motors that are high-performance, in electric passenger and commercial two- and four-wheel vehicles.

Leaders in the Indian Electric Motor Market

The electric motor manufacturing sector in India is a cornerstone of the nation’s industrial automation and green energy transition as it is driven by increase in demand in the automotive, power, and manufacturing industries. Market leaders are increasingly moving toward high-efficiency "Super Premium" (IE4) models and specialized traction motors to support the country's rapid electrification of public and private transport. By integrating advanced thermal management and IoT-based predictive maintenance, these dominant entities are providing scalable solutions that reduce energy consumption while maximizing operational uptime in heavy-duty environments like steel, cement, and railways. 

To help you identify the key players in this space, here are some of the major companies:

1. ABB India Pvt. Ltd.

CompanyABB India Pvt. Ltd.
HeadquartersBengaluru, Karnataka
Established Year1949 
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A subsidiary of ABB Group, ABB India offers a comprehensive range of high-efficiency, low- and medium-voltage electric motors and generators. It caters to diverse industries including manufacturing, energy, utilities, and transportation, leveraging advanced automation and energy-saving technologies 

2. Bharat Bijlee Limited

CompanyBharat Bijlee Limited
HeadquartersMumbai, Maharashtra
Established Year1946
WebsiteClick here 

A renowned electrical engineering firm, Bharat Bijlee designs and manufactures a variety of electric motors—from low- to medium-voltage and custom premium-efficiency models—for industrial applications. It also provides transformers, drives, and automation systems 

3. Kirloskar Electric Company Ltd.

CompanyKirloskar Electric Company Ltd.
HeadquartersBengaluru, Karnataka
Established Year1946 
Website Click here 

Kirloskar Electric manufactures a wide range of motors—including AC, DC, slip-ring, synchronous, and permanent-magnet motors—serving power generation, renewables, industries, and transport with a focus on quality and innovation 

4. Siemens Limited (India)

CompanySiemens Limited (India)
HeadquartersMumbai, Maharashtra
Established Year1957
Website Click here 

Siemens India, part of global Siemens, supplies industrial electric motors—from low- to high-voltage—alongside drive systems, automation, and digital infrastructure solutions across sectors including smart infrastructure and power 

5. Bharat Heavy Electricals Limited (BHEL)

CompanyBharat Heavy Electricals Limited (BHEL)
HeadquartersNew Delhi, Delhi
Established Year1964 
Website Click here 

A state-owned engineering giant, BHEL manufactures large-scale electric motors, generators, and turbines for power plants, railways, and industrial applications. It is a major exporter and holds a leading domestic market share 

6. Bonfiglioli Transmissions India

CompanyBonfiglioli Transmissions India
HeadquartersIndia (subsidiary of Italian group)
Established Year1956 (in India) 
Website Click here 

An engineering specialist offering synchronous and asynchronous motors and gearmotors. It caters to industries requiring custom, high-efficiency, and reliable drive solutions 

7. GE Industrial Motors (Regal Rexnord)

CompanyGE Industrial Motors (Regal Rexnord)
HeadquartersKolkata and Ahmedabad, India
Established YearPost-acquisition by Regal Rexnord
Website Click here 

Formerly GE Motors India, this operation manufactures low- and high-voltage induction motors and industrial fans. Regal Rexnord acquired it in 2007, consolidating their motor and fan business 

8. Laxmi Hydraulics Pvt. Ltd.

CompanyLaxmi Hydraulics Pvt. Ltd.
HeadquartersSolapur, Maharashtra
Established Year1990
Website Click here 

A leading domestic electric motor manufacturer, producing a variety of induction, flame-proof, energy-efficient, encoder, and gear motors for industrial applications 

9. Lunar Motors Pvt. Ltd.

CompanyLunar Motors Pvt. Ltd.
HeadquartersValsad, Gujarat
Established Year1979
Website Click here 

A small-scale manufacturer specializing in process-improved induction motors with a focus on affordability and reliability, serving regional industrial customers 

10. Saggu Electrical Industries

CompanySaggu Electrical Industries
HeadquartersIndia (Punjab-based)
Established Year1982
Website Click here 

Produces high-performance motors: single-phase, FHP, three-phase, gear motors, loom motors, fans. Focused on quality, innovation, and reliable industrial solutions 

11. TMEIC India (Toshiba Mitsubishi-Electric Industrial Systems)

CompanyTMEIC India (Toshiba Mitsubishi-Electric Industrial Systems)
HeadquartersIndia (subsidiary of Tokyo-based TMEIC)
Established Year2003
Website Click here 

 

Designs and manufactures large AC/DC motors, automation systems, inverters, and variable frequency drives for metals, mining, renewables, and industrial sectors. 

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