Who is the Market Leader in Home Appliances in India | Suppliers 2025

Code: MTA6596 Publication Date: Jul 2025

Who is the Market Leader in Home Appliances in India?

According to 6Wresearch internal database and industry insights, India home appliances market is set to grow at a compound annual growth rate (CAGR) of nearly 8.5% between 2025 and 2031.

This market is propelled by rising disposable incomes and increased electrification across the country. Today, consumers prefer appliances that are smart, efficient, and stylish which leads to a shift toward connected devices like voice-enabled refrigerators and app-controlled washing machines.

One of the notable trend is home automation and a focus on cleaner, more energy-saving appliances, which are encouraging companies to innovate rapidly. Furthermore, easy financing options, digital payment systems, and better after-sales service have played their role to build trust among buyers, even in Tier 2 and Tier 3 cities. This combination of affordability, convenience, and technology is driving consistent growth in the sector.

List of Leading Companies in the India Home Appliances Market

1. LG Electronics India Pvt. Ltd.

Company NameLG Electronics India Pvt. Ltd.
Establishment Year1997
HeadquarterGreater Noida, Uttar Pradesh, India
Official Website Click Here

LG Electronics India is a subsidiary of the South Korean conglomerate LG. It is a market leader in televisions, refrigerators, washing machines, and air conditioners in India. Known for its innovation and service network, LG has significantly shaped India’s premium appliance segment.

2. Samsung India Electronics Pvt. Ltd.

Company NameSamsung India Electronics Pvt. Ltd.
Establishment Year1995
HeadquarterGurugram, Haryana, India
Official Website Click Here

Samsung India is the Indian arm of Samsung Electronics, a South Korean multinational. It is one of the largest players in smart home appliances and consumer electronics, with manufacturing facilities in Uttar Pradesh and Tamil Nadu.

3. Whirlpool of India Ltd.

Company NameWhirlpool of India Ltd.
Establishment Year1960
HeadquarterGurugram, Haryana, India
Official Website Click Here

Whirlpool of India is a leading manufacturer of major home appliances including refrigerators, washing machines, microwaves, and air conditioners. It operates multiple plants across India and is part of the global Whirlpool Corporation.

4. IFB Industries Ltd.

Company NameIFB Industries Ltd.
Establishment Year1974
HeadquarterKolkata, West Bengal, India
Official Website Click Here

IFB is an Indian brand known for front-load washing machines, dishwashers, microwave ovens, and kitchen chimneys. It has manufacturing facilities in Goa and Bengaluru, and has earned a loyal customer base for durable, smart appliances.

5. Godrej Appliances

Company NameGodrej & Boyce Mfg. Co. Ltd.
Establishment Year1958
HeadquarterMumbai, Maharashtra, India
Official Website Click Here

Godrej Appliances is a pioneer in refrigerators and has expanded to washing machines, air conditioners, and microwave ovens. It is known for sustainable, eco-friendly appliances and strong pan-India service.

6. Voltas Limited

Company NameVoltas Limited
Establishment Year1954
HeadquarterMumbai, Maharashtra, India
Official Website Click Here

Voltas, a Tata Group company, is India’s leading air conditioning brand. It has expanded its portfolio through Voltbek, a JV with European brand Beko, offering refrigerators, washing machines, dishwashers, and microwave ovens.

7. Haier Appliances India Pvt. Ltd.

Company NameHaier Appliances India Pvt. Ltd.
Establishment Year2004
HeadquarterGreater Noida, Uttar Pradesh, India
Official Website Click Here

Haier India, a subsidiary of the Chinese multinational Haier Group, has rapidly grown in the Indian market with offerings like smart refrigerators, washing machines, air conditioners, and LED TVs. It operates a large manufacturing plant in Greater Noida.

8. Panasonic India Pvt. Ltd.

Company NamePanasonic India Pvt. Ltd.
Establishment Year1972 (Indian operations)
HeadquarterGurugram, Haryana, India
Official Website Click Here

Panasonic is a Japanese electronics giant with a wide range of consumer appliances in India, including refrigerators, washing machines, microwave ovens, and air conditioners. It is known for durable products with Japanese technology and innovation.

9. Havells India Ltd. (Lloyd Brand)

Company NameHavells India Ltd. (Lloyd Consumer Division)
Establishment Year1958 (Havells), 2017 (acquisition of Lloyd)
HeadquarterNoida, Uttar Pradesh, India
Official Website Click Here

Havells India acquired Lloyd’s consumer durable business in 2017, expanding into air conditioners, washing machines, LED TVs, and refrigerators. Lloyd has gained a strong foothold in India’s mid-range appliance market.

10. Reliance Retail (Kelvinator India)

Company NameReliance Retail (Kelvinator India)
Establishment Year2020 (brand re-launched in India)
HeadquarterMumbai, Maharashtra, India
Official Website Click Here

Reliance Retail brought back the iconic Kelvinator brand in India, offering budget-friendly refrigerators, washing machines, and kitchen appliances through Reliance Digital stores. It caters to the affordable smart appliance segment.

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