The manufacturing sector is a key pillar of India’s economy, employing over 27.3 million people and contributing 17.7% to the nation’s GDP. With a target to increase this to 25% by 2025, the Indian government is rolling out various initiatives to boost production across industries.
As a result, there’s a growing demand for advanced machinery and process-driven manufacturing solutions. Maharashtra, particularly Mumbai, stands at the forefront of this movement, owing to its strategic location, policy support, and abundant skilled workforce.
From pharmaceuticals to textiles and luxury brands, Mumbai has emerged as a manufacturing powerhouse. Here’s our curated list of the top 20 manufacturing companies in Mumbai. Each company, startup, and institution featured here represents excellence in their respective fields, showcasing innovation, quality, and leadership in Mumbai’s thriving manufacturing sector.
What makes Mumbai a Manufacturing Powerhouse
1. Strategic Location
Mumbai’s proximity to major ports like Nhava Sheva (Jawaharlal Nehru Port) gives it a logistical edge for importing raw materials and exporting finished goods. This easy access to both domestic and international markets helps businesses reduce transportation costs and time.
2. Skilled Workforce
With a large pool of educated and technically skilled labor, Mumbai offers manufacturers access to a diverse talent base. The city’s numerous educational institutions also produce a steady stream of engineers, technicians, and business professionals.
3. Robust Infrastructure
Mumbai boasts a well-established infrastructure that supports manufacturing, including transportation networks, power supply, and industrial zones. The availability of industrial parks and special economic zones (SEZs) provides manufacturers with ready-to-use facilities and tax incentives.
4. Government Policies and Incentives
The Maharashtra government has implemented several initiatives to encourage manufacturing, including “Make in Maharashtra,” which provides incentives such as simplified business registration, tax breaks, and faster approvals for setting up industries.
5. Diverse Industrial Base
Mumbai is home to a wide range of industries, from textiles, pharmaceuticals, and chemicals to electronics, luxury goods, and consumer products. This diversity ensures a resilient manufacturing ecosystem that can attract investments from different sectors.
6. Access to Capital
As the financial capital of India, Mumbai provides unparalleled access to funding and investment opportunities, including venture capital, private equity, and government-backed schemes. This makes it easier for manufacturing companies to secure financing for expansion or innovation.
These factors collectively make Mumbai a key hub for manufacturing, attracting both domestic and international companies to set up operations and drive industrial growth.
Top 20 Manufacturing Companies in Mumbai
1. Tata Group
Established in 1868 by Jamsetji Tata, Tata Group is a multinational conglomerate based in India, known for its ethical business practices and a commitment to social responsibility. The group has expanded significantly over the years and operates in more than 100 countries across six continents, making it one of the largest and most trusted business houses in India.
Company Details:
Founder: Jamsetji Tata
Company Size: Over 1,00,000 employees across various subsidiaries
Revenue: Approximately ₹8.6 lakh crore (2022-23) across all Tata Group companies
Address: Bombay House, 24 Homi Mody Street, Fort, Mumbai, Maharashtra 400001
Contact Number: +91 22 6665 8282
Website: www.tata.com
Net Worth: Not publicly disclosed (Tata Group operates through various listed and unlisted entities)
Industry: Conglomerate (various sectors including automobiles, IT, steel, and consumer goods)
2. Godrej & Boyce Mfg. Co. Ltd.
Godrej & Boyce, a flagship company of the Godrej Group, is known for its innovative solutions across consumer goods, home appliances, and industrial sectors. It has a longstanding history of producing high-quality products.
Company Details:
Founder: Ardeshir Godrej & Pirojsha Burjorji Godrej
Company Size: 14,000+ employees
Revenue: ₹11,600 crore (approx.)
Address: Pirojshanagar, Vikhroli, Mumbai – 400079
Contact Number: +91-22-6796-5656
Website: www.godrej.com
Net Worth: ₹1.31 lakh crore (approx.)
Industry: Consumer Goods, Real Estate, Manufacturing
3. Mahindra & Mahindra Ltd.
Mahindra & Mahindra is one of India’s largest automotive manufacturers, known for producing a wide range of vehicles, including electric cars, SUVs, and tractors. The company has a global footprint and a strong focus on innovation.
Company Details:
Founder: J.C. Mahindra & K.C. Mahindra
Company Size: 2,50,000+ employees (group-wide)
Revenue: ₹1.21 lakh crore (US$15 billion)
Address: Mahindra Towers, Worli, Mumbai – 400018
Contact Number: +91-22-2490-1441
Website: www.mahindra.com
Net Worth: ₹1.2 lakh crore (approx.)
Industry: Automotive, Aerospace, Manufacturing
4. Tata Motors
Tata Motors is part of the renowned Tata Group and is a leading global automobile manufacturer. The company is known for its cutting-edge technology and for being one of the earliest adopters of electric vehicle manufacturing in India.
Company Details:
Founder: J.R.D. Tata
Company Size: 78,000+ employees
Revenue: ₹3.19 lakh crore (US$42 billion)
Address: Bombay House, 24 Homi Mody Street, Mumbai – 400001
Contact Number: +91-22-6665-8282
Website: www.tatamotors.com
Net Worth: ₹1.14 lakh crore (approx.)
Industry: Automotive, Manufacturing
5. Reliance Industries Ltd.
Reliance Industries is India’s largest company by market capitalization. Known for its leadership in petrochemicals and refining, it has expanded into telecommunications and digital services, marking its dominance across multiple industries.
Company Details:
Founder: Dhirubhai Ambani
Company Size: 2,00,000+ employees
Revenue: ₹6.59 lakh crore (US$88 billion)
Address: Maker Chambers IV, Nariman Point, Mumbai – 400021
Contact Number: +91-22-2278-5000
Website: www.ril.com
Net Worth: ₹13.5 lakh crore (approx.)
Industry: Petrochemicals, Refining, Manufacturing, Telecom
6. Pidilite Industries
Pidilite Industries, famous for its ‘Fevicol’ brand, is a leader in adhesives and construction chemicals. The company is known for its continuous innovation and has a strong foothold in the Indian and global markets.
Company Details:
Founder: Balvant Parekh
Company Size: 7,000+ employees
Revenue: ₹9,118 crore (approx.)
Address: Pidilite House, Andheri East, Mumbai – 400059
Contact Number: +91-22-2835-7000
Website: www.pidilite.com
Net Worth: ₹1.17 lakh crore (approx.)
Industry: Adhesives, Construction Chemicals, Manufacturing
7. Sun Pharmaceutical Industries Ltd.
Sun Pharma is the largest pharmaceutical company in India and a leading generic drug maker globally. The company’s success stems from its strong research-driven approach and its ability to cater to global markets.
Company Details:
Founder: Dilip Shanghvi
Company Size: 37,000+ employees
Revenue: ₹33,400 crore (approx.)
Address: Acme Plaza, Andheri-Kurla Road, Mumbai – 400059
Contact Number: +91-22-4324-4324
Website: www.sunpharma.com
Net Worth: ₹1.76 lakh crore (approx.)
Industry: Pharmaceuticals, Manufacturing
8. Hindustan Unilever Ltd.
Hindustan Unilever is India’s leading fast-moving consumer goods (FMCG) company, with a diverse product portfolio spanning personal care, food, and beverages. The company has a deep-rooted presence in Indian households.
Company Details:
Founder: Lever Brothers
Company Size: 21,000+ employees
Revenue: ₹50,500 crore (approx.)
Address: Unilever House, B. D. Sawant Marg, Chakala, Andheri East, Mumbai – 400099
Contact Number: +91-22-3983-0000
Website: www.hul.co.in
Net Worth: ₹5.5 lakh crore (approx.)
Industry: FMCG, Manufacturing
9. Siemens Ltd.
Siemens Ltd. is a global leader in electronics and electrical equipment manufacturing, with a focus on automation, digitization, and electrification solutions. The company has a strong presence in both the domestic and international markets.
Company Details:
Founder: Werner von Siemens
Company Size: 14,000+ employees
Revenue: ₹14,230 crore (approx.)
Address: Airoli, Navi Mumbai – 400708
Contact Number: +91-22-3967-7000
Website: www.siemens.com
Net Worth: ₹95,000 crore (approx.)
Industry: Electronics, Electrical Equipment, Manufacturing
10. JSW Steel Ltd.
JSW Steel is one of India’s leading steel manufacturers, known for its state-of-the-art technology and innovation in steel production. The company plays a key role in supplying steel for various sectors, including infrastructure, automotive, and energy.
Company Details:
Founder: Sajjan Jindal
Company Size: 13,000+ employees
Revenue: ₹79,800 crore (approx.)
Address: JSW Centre, Bandra-Kurla Complex, Mumbai – 400051
Contact Number: +91-22-4286-1000
Website: www.jsw.in
Net Worth: ₹1.27 lakh crore (approx.)
Industry: Steel, Manufacturing
11. Bharat Petroleum Corporation Limited (BPCL)
BPCL is a Fortune Global 500 company that ranks among the largest oil and gas companies in India. It is known for its refining capabilities, distribution, and marketing of petroleum products and plays a pivotal role in India’s energy security.
Company Details:
Founder: Government of India (nationalized)
Company Size: 12,000+ employees
Revenue: ₹4.76 lakh crore (US$61 billion)
Address: Bharat Bhavan, 4 & 6 Currimbhoy Road, Ballard Estate, Mumbai – 400001
Contact Number: +91-22-2271-3000
Website: www.bharatpetroleum.com
Net Worth: ₹1.2 lakh crore (approx.)
Industry: Oil & Gas, Refining, Manufacturing
12. Raymond Limited
Raymond is synonymous with premium fabrics and apparel manufacturing in India. Known for producing high-quality suiting materials, the brand has a legacy of over nine decades in setting fashion standards for the Indian man.
Company Details:
Founder: Albert Raymond
Company Size: 7,000+ employees
Revenue: ₹6,500 crore (approx.)
Address: JK House, 6th Floor, Breach Candy, Mumbai – 400026
Contact Number: +91-22-4034-9999
Website: www.raymond.in
Net Worth: ₹10,500 crore (approx.)
Industry: Textiles, Apparel Manufacturing
13. Blue Star Limited
Blue Star is one of India’s leading air conditioning and commercial refrigeration companies. It provides advanced cooling solutions to industries and households, with a strong focus on energy efficiency and innovation.
Company Details:
Founder: Mohan T. Advani
Company Size: 2,800+ employees
Revenue: ₹6,045 crore (approx.)
Address: Kasturi Buildings, Jamshedji Tata Road, Mumbai – 400020
Contact Number: +91-22-6665-4000
Website: www.bluestarindia.com
Net Worth: ₹8,500 crore (approx.)
Industry: HVAC Systems, Appliances, Manufacturing
14. Bajaj Electricals Ltd.
Bajaj Electricals is a household name in India, known for its wide range of appliances and electrical products. From fans and lighting to kitchen appliances, the company has been serving Indian homes for decades with reliable products.
Company Details:
Founder: Kamalnayan Bajaj
Company Size: 3,000+ employees
Revenue: ₹4,987 crore (approx.)
Address: 45/47, Veer Nariman Road, Mumbai – 400001
Contact Number: +91-22-2204-8776
Website: www.bajajelectricals.com
Net Worth: ₹5,800 crore (approx.)
Industry: Electrical Appliances, Consumer Products, Manufacturing
15. Voltas Limited
Voltas, part of the Tata Group, is a market leader in air conditioning and cooling technology. Known for its energy-efficient products, it serves a wide range of industries including industrial engineering, cooling, and refrigeration.
Company Details:
Founder: Tata Group
Company Size: 5,000+ employees
Revenue: ₹7,934 crore (approx.)
Address: Voltas House, Dr. Babasaheb Ambedkar Road, Chinchpokli, Mumbai – 400033
Contact Number: +91-22-6665-6666
Website: www.voltas.com
Net Worth: ₹9,000 crore (approx.)
Industry: Air Conditioning, Engineering, Manufacturing
16. Asian Paints Ltd.
Asian Paints is India’s leading paint company, providing a vast range of interior and exterior solutions. The company has established a strong brand identity with its vibrant colors, innovative products, and customer-centric services.
Company Details:
Founder: Champaklal H. Choksey, Suryakant C. Dani, Arvind R. Vakil, and Chimanlal N. Choksi
Company Size: 7,500+ employees
Revenue: ₹34,845 crore (approx.)
Address: 6A, Shantinagar, Vakola, Santacruz East, Mumbai – 400055
Contact Number: +91-22-6218-1000
Website: www.asianpaints.com
Net Worth: ₹2.8 lakh crore (approx.)
Industry: Paints, Coatings, Manufacturing
17. Procter & Gamble Hygiene and Health Care Ltd. (P&G India)
P&G India, part of the global FMCG giant, focuses on hygiene and healthcare products such as Vicks, Whisper, and Ariel. The company is known for its focus on innovation and meeting consumer needs with world-class products.
Company Details:
Founder: James Gamble & William Procter
Company Size: 2,000+ employees
Revenue: ₹4,000 crore (approx.)
Address: P&G Plaza, Cardinal Gracias Road, Chakala, Mumbai – 400099
Contact Number: +91-22-2826-6000
Website: www.pg.com/en_IN/
Net Worth: ₹12,500 crore (approx.)
Industry: FMCG, Healthcare Products, Manufacturing
18. CEAT Tyres Ltd.
CEAT Tyres is one of India’s leading tire manufacturers, producing tires for a wide range of vehicles, including passenger cars, commercial vehicles, and motorcycles. The brand is known for its durable and innovative tire solutions.
Company Details:
Founder: Virginio Bruni Tedeschi (originally)
Company Size: 5,500+ employees
Revenue: ₹8,500 crore (approx.)
Address: CEAT Mahal, 463, Dr. Annie Besant Road, Worli, Mumbai – 400030
Contact Number: +91-22-2493-0621
Website: www.ceat.com
Net Worth: ₹10,000 crore (approx.)
Industry: Automotive, Tyre Manufacturing
19. Larsen & Toubro (L&T)
Larsen & Toubro is a global leader in engineering, construction, and manufacturing. It has played a key role in India’s infrastructure development and continues to deliver cutting-edge solutions for industrial and urban projects.
Company Details:
Founder: Henning Holck-Larsen & Søren Kristian Toubro
Company Size: 90,000+ employees
Revenue: ₹1.68 lakh crore (US$21 billion)
Address: L&T House, Ballard Estate, Mumbai – 400001
Contact Number: +91-22-6752-5656
Website: www.larsentoubro.com
Net Worth: ₹1.43 lakh crore (approx.)
Industry: Engineering and Construction, Manufacturing
20. Welspun India Ltd.
Welspun India is a leading global textile manufacturer, known for its high-quality home textile products, including towels, bed linens, and rugs. The company is a trusted supplier for major retailers across the world, including in the US and Europe.
Company Details:
Founder: B. K. Goenka
Company Size: 22,000+ employees
Revenue: ₹7,512 crore (approx.)
Address: Welspun House, 7th Floor, Kamala Mills Compound, Lower Parel, Mumbai – 400013
Contact Number: +91-22-6613-6000
Website: www.welspunindia.com
Net Worth: ₹12,000 crore (approx.)
Industry: Textiles, Manufacturing
Also Read: Manufacturing Companies in India
Conclusion
In conclusion, Mumbai’s manufacturing landscape is a testament to India’s industrial prowess and innovation. With a diverse array of industries ranging from pharmaceuticals to textiles, the city has established itself as a manufacturing powerhouse.
The top manufacturing companies in Mumbai not only contribute significantly to the local economy but also play a vital role in the global supply chain. These organizations demonstrate resilience, adaptability, and a commitment to quality, making them leaders in their respective fields.
As the manufacturing sector continues to evolve, driven by technological advancements and changing consumer preferences, companies in Mumbai are well-positioned to harness new opportunities. Whether you’re an entrepreneur looking to partner with established firms, a job seeker exploring career prospects, or an investor eyeing potential opportunities, the manufacturing sector in Mumbai presents a wealth of possibilities.
FAQs
1. What are the key industries represented by manufacturing companies in Mumbai?
Mumbai hosts a variety of industries, including pharmaceuticals, textiles, chemicals, automobiles, electronics, and food processing.
2. How has the manufacturing sector in Mumbai evolved in recent years?
The manufacturing sector in Mumbai has seen significant advancements, particularly in automation, sustainability, and digital transformation, enhancing efficiency and productivity.
3. What role does the government play in supporting manufacturing in Mumbai?
The Indian government implements various policies and initiatives, such as “Make in India,” to promote manufacturing by providing incentives, improving infrastructure, and fostering innovation.
4. Are there opportunities for startups in Mumbai’s manufacturing sector?
Yes, there are numerous opportunities for startups, especially in niche markets like sustainable manufacturing, technology integration, and custom products.
5. How can I find employment in Mumbai’s manufacturing companies?
Job seekers can explore opportunities through online job portals, company websites, networking events, and industry-specific job fairs.
6. What are the benefits of partnering with established manufacturing companies in Mumbai?
Partnering with established firms can provide access to resources, expertise, and established distribution networks, helping startups and new businesses scale more effectively.
