Top 10 Companies in India Power & Distribution Transformer Market | Suppliers & Manufacturers 2024

Top 10 Companies in India Power & Distribution Transformer Market

The India power and distribution transformer market is highly competitive since numerous key players are present. Companies in this market constantly strive to innovate their product offerings and increase their market presence via strategic partnerships, mergers, and acquisitions. The players also focus on evolving energy-efficient products that comply with stringent government regulations. Leaders also invest heavily in research and development to introduce advanced products with improved capabilities and features.

The contribution of dominant companies is crucial in driving innovation and growth in the Indian power and distribution transformer industry. With rising demand for electricity and the modernization of grid infrastructure, the industry is expected to witness further growth in the coming years. As per 6Wresrarch, the Indian power and distribution transformer market is projected to grow with a CAGR of 7.1% during 2024-203.

List of Leading Companies in the India Power & Distribution Transformer Market

1. Crompton Greaves

Crompton Greaves is a leading electrical equipment manufacturing company. It was founded in 1937 and has been providing innovative and high-quality products. The company offers a wide range of consumer and industrial products, including fans, pumps, air coolers, lighting solutions, and kitchen appliances. The Company is organized into four business groups viz. power systems, industrial systems, consumer products & digital products. 

2. BHEL

Bharat Heavy Electricals Ltd. is a public company owned by the government with its headquarters in Delhi dealing in transformers and integrated power plant equipment. The company has manufacturing units spread across the country, making it one of the largest engineering and manufacturing enterprises in India. BHEL is the largest engineering and manufacturing enterprise in India with over 50 years of experience in designing, engineering, construction, testing, commissioning, and servicing a wide range of products and services for various sectors like power, transmission, industry, transportation, and renewable energy.

 3. Transformers and Rectifiers

Transformers and Rectifiers (India) Ltd. was established in 1994. This Indian company specializes in manufacturing transformers, rectifiers and other allied equipment. The electrical industry is one of the most important industries globally as it provides electricity to power homes, businesses and industries. The energy demand is continuously increasing due to technological advancements and the growth of economies. As a result, there is an increased need for high-quality transformers and rectifiers to ensure efficient transmission and distribution of electricity.

4. Siemens

Siemens was founded in 1847 to develop innovative technology for telegraphy. It is a manufacturer and supplier of low, medium and high voltage switchgears, transformers, and substations.

5. ABB India

The company offers a diverse portfolio of products, systems, and services that cater to different industries such as energy, transportation, infrastructure, and process industries. ABB India also has a strong focus on sustainable development and provides solutions that help reduce environmental impact.

6. Bharat Bijlee

Bharat Bijlee is a leading electrical engineering company that manufactures and supplies a wide range of electrical products. The company caters to various industries including power generation, transmission and distribution, oil and gas, steel plants, cement factories, textiles mills and many more.

7. Voltamp Transformers

Voltamp Transformers is a designer & manufacturer of power, dry type, cast resin & distribution transformer and is headquartered in Gujarat, India. Voltamp Transformers is a leading company in the energy sector. The main goal of Voltamp Transformers is to provide reliable and efficient power solutions to its customers. The company offers a wide range of products such as distribution transformers, power transformers, dry-type transformers, furnace transformers, rectifier duty transformers, and many others.

8. GE T&D India Ltd

With a strong focus on innovation and technology, GE T&D India Ltd. offers a wide range of products and services such as transformers, circuit breakers, switchgear, and energy management systems. These solutions cater to various industries including utilities, renewables, industrial plants, railways, and data centers.

9. TBEA

The company deals in various products such as electrical steel, transformer oil, pressboard & insulators, magnetic wire, bushing, and instrument transformers.

10. Schneider

The company offers a wide range of products and services such as low voltage and building automation systems, solar inverters, and electric vehicle charging infrastructure, among others. In addition to its core business, Schneider also focuses on promoting diversity and inclusion within the organization. The company's workforce consists of people from different backgrounds, cultures, and nationalities. 

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