Manufacturing businesses in India, or the manufacturing industry, provide over 16 percent of India's GDP and employ over 12 percent of the country's overall workforce. In India, there are more than 5000 large manufacturing enterprises and more than 25,000 small and medium manufacturing companies. In terms of Gross Added Value, India's manufacturing industry is expected to grow at a 5% CAGR through 2020. In order to continue the growth of the manufacturing sector, industrial supplies are the essential building blocks for it. Industrial supplies consist of supplies such as packaging material, electrical components, electronic and mechanical parts, etc., and machinery to manufacture, mining, construction, and utility sectors. Industrial supplies are a wide range of products that are utilized in various industrial sectors.
Some of the Industrial Supplies and their underlying components:
The Top 10 Industrial Supplies Manufacturers, Suppliers & Exporters in India are as follows
1:- IDEX India:
Since its inception in 1987, it has been a global leader in applied solutions. The company stands for Innovation, Diversity, and Excellence, specializing in fluid and metering technologies, health and science technologies, fire and safety, and other varied goods in high-growth areas. They are one of the best industrial supplies manufacturers where Industrial pumps and valves, firefighting tools, compressors, and rescue equipment, dispensers, flow meters, milling equipment, replacement parts, services, and accessories are all manufactured by IDEX India.
2:- 3M India:
In India and around the world, 3M technology solutions have been tried and tested for performance, safety, value, and productivity in areas such as Aerospace, Railways, Highways, Defense, Security, Mining, Health, Oil & Gas, Telecom, and Marine. The extensive product portfolio of 3M is underpinned by the company's promise of innovation and excellence, which has made 3M a household name for millions of people all over the world. Today, 3M has a history of being one of the most innovative companies in the world, dating back over a century. In fact, every day, half of the world's population is exposed to at least one of 3M's 50,000 products, either directly or indirectly. 3M employs around 1600 people in India, with manufacturing plants in Bangalore, Ahmedabad, Pune, and Pondicherry.
Havells has a sizable market share in items such as Industrial and Domestic Circuit Protection Devices, Modular Switches, Cables & Wires, Motors, Fans, Air Conditioners, Electric Water Heaters, Luminaires, and Power Capacitors for Domestic, Industrial, and Commercial utilization. They prove to be one of the best industrial supplies suppliers.
4:- JSW Ltd:
JSW Steels, a Jindal company, is one of India's best private industry suppliers manufacturing companies. JSW Steels is India's fastest-growing company, according to World Steel Dynamics, which ranks it eighth among steelmakers worldwide. Being the perfect industrial supplies suppliers, they also manufacture industry supplies which are used for various industries.
5:- Asahi India Glass ltd:
In India, AIS is a glass solution and manufacturing company. Founded in 1984, they are one of the best industrial supplies exporters. Automotive safety glass, architectural processed glass, float glass, and glass goods are all manufactured by the company. In India, AIS has 13 production plants and sub-assembly divisions to manufacture Toughened Glass, Decorative Glass, Window Glass and Designer Glass.
6:- Polydrive India Inc.:
Polydrive - Jigna Sales Corporation (ISO Certified) is a renowned industrial belt manufacturer and distributor in Mumbai, India, specializing in Industrial V belts, Conveyor belts, Cogged belts, Link belts, and Banded belts. Polydrive has emerged with cutting-edge machinery and technology in order to manufacture high-quality rubber belts, flat belts, v-belts, and rubber industrial belts that meet national and international standards. The major goal is to maintain a high level of quality and provide a wide range of services to our valued customers.
7:- Ameya Industrial Suppliers Pvt. Ltd.:
It is a leading industrial supplies exporter and manufacturer of ESAB welding electrodes, wires, Fluxes, Gas regulators, cutting and welding Blowpipes, Arc welding, paint masking, Die cuts, Bonding Die cuts, etc. It provides industrial clients such as Tata Motors, Fiat, Mahindra, Godrej, Thermac etc.
8:- Atlas Copco:
The Atlas Copco Group is a multinational industrial conglomerate based in Nacka, Sweden. Global revenues in 2019 totaled SEK 104 billion, and the corporation employed 38,774 individuals at the end of the year. Being the ultimate Industrial Supplies dealers, they manufacture supplies for construction jobs, Light towers, Power generators, portable specialty equipment, energy storage systems etc.
9:- Bharat Enterprises:
Bharat Enterprises is an Indian trade firm situated in Delhi. Bharat Enterprises was founded in 1993. It manufactures, supplies, and exports industrial supplies such as Adhesive, Polyurethanes, Rubber & rubber chemical, silanes, bonding agents, Adhesive raw materials, engineering plastics, release agents, Plastic additives, and modifiers, etc.
10:- Clariant India Ltd.:
In India, Clariant operates in the areas of Care Chemicals (BU Industrial & Consumer Specialties and New Business Development), Plastics & Coatings (BU Pigments), Natural Resources (BU Functional Minerals, BL Mining Services, and BU Additives), and Catalysis (BU Functional Minerals, BL Mining Services, and BU Additives) (BU Catalysts and Biofuels & Derivatives). Roha in Maharashtra, Cuddalore in Tamil Nadu, Nandesari in Gujarat, Nagda in Madhya Pradesh, Bonthapally in Telangana, and Edayar in Kerala are among the company's manufacturing facilities that makes them one of the best industrial supplies dealers.
Industry supplies consist of items and services that are utilized in the manufacturing of a finished product (for example, basic or raw materials and components, equipment, hardware, or tools). As the industry expands with increasing demands, the demand for industrial supplies has skyrocketed in recent years. India, with its abundance of raw materials and access to different ports around the globe, Indian Industry supplies suppliers should expand to capture the global market.
Industrial supplies include materials for packaging, electrical components, electronic and mechanical parts, and machinery used in the manufacturing, mining, building, and utility industries. Industrial supplies are a diverse range of products used in a variety of industries.
FAQs: Industrial Supplies
Q. What is the main difference between consumer goods and industrial goods?
Ans. Consumer goods are finished products that are sold to and utilized by people, whereas industrial goods are materials used in the creation of other goods. Industrial items are purchased and used for both industrial and commercial purposes. They consist of manufacturing plants, raw materials, machinery, and any other commodity or component that is used by industries or businesses. Consumer products, such as clothing or food, are ready for consumption and satisfaction of wants.
Q. Can an ordinary consumer buy industrial supplies?
Ans. No. These industrial suppliers do not deal directly with individual consumers as these supplies are generally sold in bulk.
Q. Does It need a special license to manufacture, supply, and export industrial supplies?
Ans. Yes, it requires special permission, and the company has to comply with international standards in order to maintain a competitive advantage.