Top 16 Companies in India Industrial Internet of Things (IoT) Market | Manufacturers & Suppliers 2024

Top 16 Companies in India Industrial Internet of Things (IoT) Market

India Industrial Internet of Things (IoT) Market has been accomplishing tremendous growth with the rise of automation and digitalization across many industries. This substantial growth of the industry can be attributed to the contribution of key market players who have been at the forefront of evolving innovative IoT solutions for businesses. These players have leveraged their expertise in developing technologies like cloud computing, artificial intelligence as well as data analytics in order to create robust and efficient IoT systems that cater to the needs of different industries.

Since the demand for smart and connected solutions continues to grow, it is anticipated that more players will enter the industry, further driving its growth and potential. By working together, these players can continue to push the boundaries of what is possible with IoT technology as well as unlock its full potential for businesses in India. As per 6Wresearch, India Industrial Internet of Things (IoT) Market is anticipated to rise at a CAGR of 15.5% during 2020-2026.

List of Leading Companies in the India Industrial Internet of Things (IoT) Market

1. Tata Communications Ltd.

Tata Communications., headquartered in Pune India, is an Indian company which in network services and software-defined network platforms, such as ethernet, SD-WAN, content delivery network (CDN), internet, multiprotocol label switching (MPLS), and private line.

2. Siemens Ltd.

Siemens Ltd., a part of Siemens, headquartered in Munich, Germany, is a multinational conglomerate company which develops and markets infrastructure & energy solutions, automation and software for Indian industries through various sales offices and plants in the country.

3. Accenture Solutions Pvt. Ltd.

Accenture, headquartered in Dublin, Ireland, is a multinational company which provides Internet of Things offerings to clients through as-a-service, software applications designed to provide clients with the end-to-end capabilities to address industry-specific opportunities through various sales offices in the India.

4. Infosys Ltd.

Infosys, headquartered in Bengaluru, India, is an Indian multinational corporation that provides business consulting, information technology and outsourcing services.

5. IBM India Pvt. Ltd.

IBM India Pvt. Ltd. is an Indian subsidiary of IBM that produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology through various sales offices in the country.

6. HCL Technologies Ltd.

HCL Technologies, headquartered in Uttar Pradesh, India, is an Indian multinational information technology (IT) service and consulting company that offers an integrated portfolio of products, solutions, services, IoT, cloud, automation, analytics, infrastructure management and engineering services, etc.

7. Wipro Ltd.

Wipro, headquartered in Bengaluru, India, is a multinational information technology (IT) service and consulting company that provides information technology, consulting and business process services.

8. Tech Mahindra Ltd.

Tech Mahindra, headquartered in Pune, India, is a multinational information technology (IT) service and consulting company that provides information technology (IT) services and business process outsourcing (BPO) to companies in various vertical and horizontal markets.

9. Flutura Business Solutions Pvt. Ltd.

Flutura, headquartered in California, USA, is an industrial Internet of things (IoT) company that focuses on machine to machine and big data analytics serving clients from manufacturing, energy, and engineering industries and operates through Bengaluru office in India.

10. L&T Technology Services Ltd.

L&T Technology Services is a publicly listed subsidiary of Larsen & Toubro Limited, an Indian conglomerate operating in over 30 countries. The company deals in engineering design, product development, smart manufacturing, and digitalization.

11. Advantech Industrial Computing India Pvt. Ltd

Advantech Industrial Computing India Private Limited manufactures HMI’s, data acquisition modules, remote I/O modules, embedded automation computers, fanless embedded PC, server grade IPC’s, panel PC, industrial monitors, video capturing cards, industrial communication devices, etc.

12. Moxa India Industrial Networking Pvt. Ltd.

Moxa Technologies is a Taiwanese technology company which deals in edge connectivity, industrial computing, and network infrastructure solutions and operates through its Karnataka sales office in India.

13. ADLINK Technology Singapore Pte. Ltd.

ADLINK, headquartered in Taiwan, designs and manufactures products for embedded computing, test & measurement, and automation applications. The company operates through its Bengaluru sales office in India.

14. Beckhoff Automation Pvt. Ltd.

Beckhoff, headquartered in Verl, Germany, implements open automation systems based on PC control technology. The product range covers Industrial PCs, I/O and Fieldbus Components, drive technology and automation software products. The company operates through its manufacturing facilities and sales offices in India.

15. Axiomtek Co., Ltd.

Axiomtek, headquartered in New Taipei City, Taiwan, designs and manufactures embedded computer, Box PC, industrial motherboard, single board computer, system on module, network appliance, touch panel computer, human machine interface, medical PC, industrial network, and digital signage. The company operates through a prominent distributor, named Mouser Electronics Inc., in India.

16. Contec Co., Ltd.

Contec, headquartered in Osaka, Japan, is a global electronics manufacturer and systems integrator which deals in embedded computing, industrial automation, and M2M/IoT communication technology. The company operates through its established distributors in India.

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