Employing over 4 million skilled and semi-skilled workers, the engineering sector is by far the largest sector of the overall industrial segments in India.
Due to increased investment in infrastructure development and industrial production, the engineering industry in India has witnessed an unprecedented growth in the past few years. Today, India has an intense and diversified industrial machinery/capital base competent of rolling out an entire range of industrial machinery.
The engineering industry is diverse, with a number of segments and divisions. However, despite the diversity, the sector is relatively less fragmented at the top. As the sector demands a high level of capability and investment, it is dominated by large organized players.
- Multinational companies
- Joint ventures
- Large domestic players
- Regional players in the organized sector
- A large number of small players in the unorganized sectors which form the lower end of the sector.