Code: MTA3905 | Publication Date: Jun 2025 |
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.
Company | ABB India Pvt. Ltd. |
Headquarters | Bengaluru, Karnataka |
Established Year | 1949 |
Website | Click here |
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
Company | Bharat Bijlee Limited |
Headquarters | Mumbai, Maharashtra |
Established Year | 1946 |
Website | Click 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
Company | Kirloskar Electric Company Ltd. |
Headquarters | Bengaluru, Karnataka |
Established Year | 1946 |
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
Company | Siemens Limited (India) |
Headquarters | Mumbai, Maharashtra |
Established Year | 1957 |
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
Company | Bharat Heavy Electricals Limited (BHEL) |
Headquarters | New Delhi, Delhi |
Established Year | 1964 |
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
Company | Bonfiglioli Transmissions India |
Headquarters | India (subsidiary of Italian group) |
Established Year | 1956 (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
Company | GE Industrial Motors (Regal Rexnord) |
Headquarters | Kolkata and Ahmedabad, India |
Established Year | Post-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
Company | Laxmi Hydraulics Pvt. Ltd. |
Headquarters | Solapur, Maharashtra |
Established Year | 1990 |
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
Company | Lunar Motors Pvt. Ltd. |
Headquarters | Valsad, Gujarat |
Established Year | 1979 |
Website | Click here |
A small-scale manufacturer specializing in process-improved induction motors with a focus on affordability and reliability, serving regional industrial customers
Company | Saggu Electrical Industries |
Headquarters | India (Punjab-based) |
Established Year | 1982 |
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
Company | TMEIC India (Toshiba Mitsubishi-Electric Industrial Systems) |
Headquarters | India (subsidiary of Tokyo-based TMEIC) |
Established Year | 2003 |
Website | Click here |
Designs and manufactures large AC/DC motors, automation systems, inverters, and variable frequency drives for metals, mining, renewables, and industrial sectors.