Top 10 Companies in India Power Tools Market | Manufacturers With official Website 2024

Top 10 Companies in India Power Tools Market

India power tools market has seen steady growth in recent years on the back of the contribution of leading players in the market. The dominating companies have played a significant role in stimulating innovation and introducing new technologies that have changed the power tools market in India. With their expertise and experience, they have catered to domestic demand and expanded their reach globally, making India an essential player in the global power tools market.

Furthermore, the key players have invested heavily in research and development, leading to the production of efficient as well as high-quality power tools that withstand tough working conditions. This has assisted in expanding productivity and decreasing downtime for users, further stimulating the demand for power tools in many sectors like construction, manufacturing, and automotive. In addition, the companies have also focused on providing affordable solutions to the customers, making power tools more accessible to a wider range of consumers. As per 6Wresearch, India power tools market size is projected to grow at a CAGR of 8.4% during 2020-2026.

List of Leading Companies in the India Power Tools Market

1. Bosch Ltd.

Bosch Limited. is one of the subsidiaries of Robert Bosch GmbH in India. The company deals in the business segments such as mobility solutions, industrial technology, consumer goods, and energy & building technology across the country. Apart from the Bosch Limited, the Bosch group has 12 other companies in different product lines and/or business segments. The group has 18 manufacturing sites and 7 development & application centers in different parts of the country.

2. Stanley Black & Decker India Pvt. Ltd.

Stanley Black & Decker India Pvt. Ltd. operates in India as a subsidiary of Stanley Black & Decker Inc., Connecticut, US. The company operates via three major domains including tools & storage, security, and industrial, offering power tools, industrial tools, maintenance accessories, mechanical access solutions, and healthcare solutions.

3. Makita Power Tools India Pvt. Ltd.

Makita Power Tools India Pvt. Ltd. is a wholly-owned subsidiary of Makita Corporation, Japan. The company manufactures several types of power tools ranging from woodworking tools to construction tools.

4. Hikoki India Pvt. Ltd.

Hikoki India Pvt. Ltd. operates as an overseas sales office of Koki Holdings Co. Ltd, a Japanese manufacturer headquartered in Tokyo, Japan. Key application areas served by the company include construction, wood working, metal working, and engineering segments.

5. Hilti India Pvt. Ltd.

Hilti India Pvt. Ltd, operates as a subsidiary of Hilti Corporation, Schaan, Liechtenstein. The company offers wide-ranging solutions such as software for design, products and tools for work, onsite training, repairs and consultancy.

6. KPT Industries Ltd.

KPT Industries Ltd. is an Indian company, formerly known as Kulkarni Power Tools Ltd. The company deals in products such as power tools, blowers, windmills, and E-Vehicles. Also, the company sells their product internationally to countries such as Western European countries, South Africa, Australia and the Middle East.

7. FEIN Power Tools India Pvt Ltd.

FEIN Power Tools India Pvt Ltd operates as a subsidiary of C. & E. FEIN GmbH, Germany. The parent company is headquartered in Germany. C & E FEIN has 800 active property rights which includes 500 patent and patent application. The company has 20 international subsidiaries and 50 representative companies across the world.

8. Atlas Copco (India) Ltd.

Atlas Copco (India) Ltd. operates as a subsidiary of Atlas Copco AB (Sweden). The company provides services and solutions regarding compressed air and gas, portable energy, and construction equipment.

9. Snap-on Tools Pvt. Ltd

Snap-on Tools Pvt. Ltd is the wholly owned subsidiary of Snap-on Incorporated, US. The company deals in the manufacturing and marketing of products such as automotive equipment, hand tools and saws blade. Snap-on Tools Pvt. Ltd has a corporate office in Gurgaon, Haryana.

10. Jiangsu Dongcheng M&E Tool Co. Ltd

Jiangsu Dongcheng M&E Tool Co. Ltd is a power tools manufacturing company, established in Jiangsu province, China. In India, the company is selling, distributing, and marketing its products through regional office situated in Coimbatore, Tamil Nadu. The company deals in several corded and cordless power tools in India.

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