Indian Manufacturing Startups Expand Offerings

India's manufacturing sector is entering a new phase, with government support and increasing domestic capabilities driving the nation toward self-reliance. Startups are playing a key role in this advancement.

The sector contributes approximately 16–17% to India's GDP. Growth is particularly evident in electronics and advanced manufacturing. The government is supporting the sector with significant investments in semiconductor manufacturing and electronic component production.

Tulon Materials focuses on upcycling waste into high-performance chemicals. The company develops sustainable solutions for paints, inks, and plastics, reducing reliance on petroleum-based feedstocks. They operate R&D in Mumbai and production facilities in Mahad and Visakhapatnam.

TSUYO Manufacturing produces electric vehicle powertrains in India. They offer motors and controllers that reduce dependence on imported components. The company operates two plants in Greater Noida and is building a new facility in Dharwad.

Revamp Moto develops modular electric vehicles for commercial applications, such as transport and mobile retail. They are also working on high-performance electric motorcycles and utilizing used batteries for energy storage. Revamp Moto has a substantial order pipeline and aims for profitability.