Good evening :)

List of Manufacturing Stocks in India (2025)

Shares of companies producing goods on a large scale across sectors like automotive, textiles, consumer durables, electronics, and industrial equipment, directly linked to India’s 'Make in India' initiative.

Top Manufacturing Stocks in 2025

Manufacturing Stock Screener

Manufacturing Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 16 of 16 results

last updated at 6:30 AM IST 
NameStocks (16)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Polycab India LtdPOLYCABElectrical Components & EquipmentsElectrical Components & Equipments1,10,623.091,10,623.097,348.507,348.5053.8653.861.681.68-5.03-5.0324.6124.610.660.6610.9810.9822.2622.2628.0328.030.480.480.020.022.772.77
2.Mazagon Dock Shipbuilders LtdMAZDOCKShipbuildingShipbuilding1,06,540.731,06,540.732,641.202,641.2043.7443.740.920.92-4.73-4.73-22.61-22.618.238.2313.3013.3034.0334.0334.5834.580.660.660.000.003.533.53
3.Ashok Leyland LtdASHOKLEYTrucks & BusesTrucks & Buses94,105.0294,105.02160.21160.2130.7630.76-1.54-1.5417.0617.0635.9935.9936.9436.946.036.0322.4622.4615.5015.501.921.923.153.152.452.45
4.Havells India LtdHAVELLSElectrical Components & EquipmentsElectrical Components & Equipments89,917.2789,917.271,433.501,433.5060.5260.520.910.91-4.64-4.64-4.43-4.43-17.27-17.2710.6810.6818.6518.6522.8322.830.700.700.040.041.911.91
5.Dixon Technologies (India) LtdDIXONHome Electronics & AppliancesHome Electronics & Appliances83,117.5883,117.5813,707.0013,707.0077.5977.59-2.22-2.22-9.68-9.68-8.35-8.35-21.18-21.1824.4424.4442.0642.0641.6041.600.060.060.190.192.942.94
6.Tube Investments of India LtdTIINDIACyclesCycles52,317.0552,317.052,703.602,703.6077.6677.66-1.35-1.35-9.50-9.50-12.16-12.16-26.12-26.126.806.809.339.3316.2016.200.130.130.090.092.682.68
7.Supreme Industries LtdSUPREMEINDPlastic ProductsPlastic Products42,440.9542,440.953,341.103,341.1044.1744.171.331.33-15.62-15.62-22.06-22.06-29.14-29.147.507.5017.8417.8421.3721.371.021.020.010.012.712.71
8.Hindustan Copper LtdHINDCOPPERMining - CopperMining - Copper35,368.9035,368.90365.75365.7570.5270.527.837.83-1.11-1.1144.5044.5029.0429.0412.3312.3318.8118.8121.2921.290.430.430.060.063.573.57
9.Kaynes Technology India LtdKAYNESElectrical Components & EquipmentsElectrical Components & Equipments33,369.8533,369.854,978.004,978.00121.24121.24-6.20-6.20-20.40-20.40-13.24-13.24-19.82-19.8212.5112.5111.0011.0016.1316.13--0.320.323.683.68
10.Dynamatic Technologies LtdDYNAMATECHAuto PartsAuto Parts5,836.235,836.238,593.508,593.50139.54139.54-2.83-2.838.798.7924.4424.447.017.018.378.376.216.2111.1211.120.020.020.800.803.043.04
11.Kennametal India LtdKENNAMETIndustrial MachineryIndustrial Machinery4,790.824,790.822,180.002,180.0046.4446.440.260.264.344.34-11.37-11.37-30.30-30.306.396.3913.9013.9018.7518.751.841.840.000.003.303.30
12.Anup Engineering LtdANUPTextilesTextiles4,430.364,430.362,211.702,211.7036.9936.991.231.23-7.34-7.34-20.45-20.45-40.27-40.277.157.15--23.2723.270.780.780.050.053.423.42
13.WPIL LtdWPILIndustrial MachineryIndustrial Machinery3,863.863,863.86396.00396.0029.3229.32-0.09-0.09-12.78-12.78-5.30-5.30-42.98-42.982.312.318.178.1717.3317.330.500.500.280.284.284.28
14.Shanthi Gears LtdSHANTIGEARAuto PartsAuto Parts3,616.393,616.39471.40471.4037.6637.660.070.07-1.77-1.77-6.14-6.14-10.02-10.028.978.9725.6725.6732.3232.321.061.060.000.003.113.11
15.Platinum Industries LtdPLATINDCommodity ChemicalsCommodity Chemicals1,411.571,411.57257.00257.0028.7428.74-1.34-1.34-6.11-6.11-3.47-3.47-43.06-43.063.613.6113.5113.5117.4017.40--0.050.053.883.88
16.Mamata Machinery LtdMAMATAIndustrial MachineryIndustrial Machinery1,034.391,034.39420.35420.3525.3625.360.040.04-3.63-3.63-8.59-8.59-33.28-33.286.046.0426.9126.9132.2532.250.120.120.030.034.644.64

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Manufacturing Stocks, based on publicly available information and is sorted by market cap.

Overview of the Top Manufacturing Stocks

Mazagon Dock Shipbuilders Ltd

India’s premier shipyard, building and repairing warships, submarines, and offshore vessels, playing a key role in strengthening the Indian Navy’s maritime capabilities.

Polycab India Ltd

A leading manufacturer of wires, cables, and fast-moving electrical goods (FMEG), offering products like fans, lighting, and switches with a strong distribution network nationwide.

Dixon Technologies (India) Ltd

India’s largest electronics manufacturing services (EMS) provider, producing consumer electronics, lighting, home appliances, and mobile phones for leading domestic and global brands.

Havells India Ltd

A major FMEG company manufacturing electrical equipment, appliances, lighting, fans, and switchgear, with a strong brand presence and extensive retail reach across India.

Ashok Leyland Ltd

One of India’s largest commercial vehicle manufacturers, producing buses, trucks, light vehicles, and defense mobility solutions, with a strong domestic and international footprint.

What are Manufacturing Stocks?

Manufacturing stocks represent publicly traded companies that produce physical goods through processes like processing, assembly, or fabrication. These companies operate in diverse industries such as automotive, industrial machinery, consumer goods, electronics, textiles, and pharmaceuticals. In India, this sector plays a central role in the economy by driving industrial development, creating employment, and boosting export growth.

Market Size of Manufacturing Sector in India

According to Mordor Intelligence, India’s manufacturing market will be about USD 1.62 tn in 2025 and will grow to USD 2.30 tn by 2030. This growth reflects a CAGR of about 7.26%. The sector contributes around 17% of GDP. Experts expect exports to reach approximately ₹8.33 lakh cr. by 2030.

Advantages of Investing in Manufacturing Stocks

Economic Engine with Strong Multiplier Effect

The manufacturing sector generates direct employment and fuels ancillary industries such as logistics, packaging, and raw material suppliers. This activity amplifies its economic impact.

Policy Tailwinds Driving Expansion

Initiatives like Make in India, PLI schemes, and state-level subsidies encourage domestic production, reduce import dependency, and attract global players to set up local plants.

Diverse Exposure Across Value Chains

Investors gain exposure to industries ranging from automotive and pharmaceuticals to capital goods and electronics. This diversity allows for portfolio diversification within a single sector.

Stable Base Demand with Growth Potential

Many manufactured products such as FMCG goods, cement, and basic consumer appliances maintain consistent demand regardless of short-term economic swings. This demand provides a cushion during downturns.

Rising Export Competitiveness

Lower labor costs, improving infrastructure, and favorable trade agreements position India as an emerging alternative to China for global supply chains.

Risks of Investing in Manufacturing Stocks

Volatile Input Costs

Fluctuations in commodities like steel, copper, and crude derivatives squeeze margins, especially for companies with long production cycles or fixed-price contracts.

Regulatory and Compliance Complexity

Frequent policy shifts, taxation changes, and industry-specific regulations disrupt production plans and increase compliance costs.

Global Economic Dependencies

Export-oriented manufacturers face foreign currency risks, global demand shifts, and trade disputes that can abruptly affect order flows.

Cyclicality in Certain Segments

Capital goods, automotive, and heavy machinery often experience sharp downturns during economic slowdowns, which affects profitability and investor returns.

Infrastructure and Logistics Gaps

Despite improvements, inefficiencies in transport, port handling, and power supply raise operational costs and reduce competitiveness compared to manufacturing hubs like Vietnam or China.

Install the Tickertape app and enjoy a more hands-on investing experience
  • portfolio-iconReceive real-time market alerts for timely decisions
  • portfolio-iconMonitor your portfolio from the palm of your hands
  • portfolio-iconWatchlist stocks and mutual funds to stay updated

How to Invest in Manufacturing Stocks?

Investing in manufacturing stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in manufacturing stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Manufacturing Stocks: Go to Tickertape Stock Screener and search for manufacturing stocks.
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top manufacturing stocks in India.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve identified manufacturing stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Factors to Consider Before Investing in Manufacturing Stocks

Market Share & Competitive Edge

Companies with strong brand equity, patents, or proprietary technology are better placed to sustain margins over the long term.

Product & Segment Diversification

Firms that serve both cyclical and non-cyclical markets can smooth revenue fluctuations during downturns.

Demand Cycles & Order Books

Tracking sector-specific demand trends (e.g., auto sales data for auto-component makers) helps gauge near-term revenue visibility.

Raw Material Sourcing & Hedging Strategy

Understanding supply contracts, import dependencies, and commodity hedging practices is critical for margin stability.

Financial Strength & Capital Allocation

Healthy debt-to-equity ratios, strong operating cash flows, and disciplined reinvestment into capacity or technology signal resilience.

ESG Compliance & Policy Incentive Alignment

Manufacturers aligned with sustainability goals can tap into green financing, avoid penalties, and qualify for government incentives.

Conclusion

India’s manufacturing sector presents a compelling blend of scale, policy support, and diversification, driven by initiatives like Make in India and PLI, along with rising export ambitions. Yet, investors must stay alert to structural and regulatory challenges, cyclical exposures, and cost pressures.

With Tickertape Stock Screener, investors can view live updates on the manufacturing stocks and evaluate the stocks before making an informed choice.

Frequently Asked Questions on Manufacturing Stocks

  1. What are Manufacturing Stocks?

    Stocks of companies involved in large-scale industrial production of goods across sectors such as auto, consumer, and electronics.

  2. How to invest in Manufacturing Stocks?

    Here’s how you can invest in Manufacturing stocks -
    1. Go to the Tickertape Stock Screener
    2. Select the "Manufacturing" stocks.
    3. From the Manufacturing stocks, analyse and sort the Manufacturing stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Manufacturing stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. What is the future projection of manufacturing stocks?

    India’s manufacturing sector aims to contribute 25% of GDP by 2030, backed by ‘Make in India’ and PLI schemes, ensuring steady growth.
    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  4. How to choose manufacturing stocks for investing?

    Here’s how to choose manufacturing stocks for investing -
    - Evaluate sector focus and product demand.
    - Check cost efficiency and automation adoption.
    - Review export capacity and global competitiveness.
    - Analyse order book and client base.
    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  5. Do manufacturing stocks offer regular dividends?

    Large established players often provide steady dividends, while growth-focused manufacturers may reinvest profits.
    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  6. What are the factors affecting manufacturing stocks prices?

    Factors affecting manufacturing stocks prices are -
    - Raw material costs and supply chain issues.
    - Domestic and global demand.
    - Currency fluctuations.
    - Government incentives and trade policies.
    Disclaimer: Please do your own research or consult your financial advisor before investing.