Top 10 T&M brands available in India

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By Richa Chakravarty

Monday, October 06, 2014: The forecast for the Asia-Pacific test and measurement (T&M) device market is a CAGR of 7.4 per cent till 2020. Domestic T&M players are also hopeful of good business in the coming years.

Ranking the top T&M brands available in India is a challenge as each company has its own strengths and is a leader in a specific domain within the T&M space. While Keysight Technologies (formerly known as Agilent Technologies) is a leader in the aerospace, defence, wireless, semiconductor and automotive domains, Anritsu Pte Ltd India and Rohde & Schwarz lead in telecom and wireless as well as in communication, with Tektronix leading in oscilloscopes. Then there is Fluke Corporation, which leads in multimeters, and Goodwill, which is a strong player in the educational sector.

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Here, we have ranked the firms on the basis of their revenues for the FY 2012-13.

While some players witnessed a huge jump in their revenues, others registered only marginal growth, being dependent on the growth of the sector they specialise in.

While most of the players like Keysight Technologies and Rohde & Schwarz have retained their market rankings, Rishabh Instruments jumped a position higher taking the third slot. Meco Instruments too moved a position higher, ranking ninth in the list, while Qmax Test Equipment moved two positions lower.

While most of the companies listed in the ranking are exclusively into T&M equipment, some of them are into multiple businesses with T&M being their major business, like Aplab, for instance. We have ranked the companies that manufacture T&M equipment in India and overseas, and whose brands are popular in India.

Please note, the revenue figures of some of the companies are just a part of their total turnover in India, as commissions achieved on sales of their products overseas are not included in this figure, or a part of their billing is not done in INR. Many companies could not be ranked as their revenue figures are not accessible. These companies also refused to share this data with us. Revenue figures have been procured from the website of the ministry of corporate affairs (MCA), Government of India, and verified by the companies. Some figures have been provided by the companies themselves.

Disclaimer: While Electronics Bazaar’s editorial team has taken the utmost care to contact all possible sources to make the list comprehensive, we may have inadvertently left out a few companies. Information contained in the following report has been obtained from sources deemed reliable, and Electronics Bazaar makes no claims with respect to its accuracy. Neither Electronics Bazaar nor its affiliates, officers, directors, employees, owners, representatives nor any of its data or content providers shall be liable for any errors or for any actions taken by any entity on the basis of this information.

Top 10 T&M brands in India

Ranked on the basis of revenue, FY 2012-13

Rank

Company

Revenue (in Rs, million)

1

Keysight Technologies India Pvt Ltd

4716.66

2

Rohde & Schwarz India Pvt Ltd

3142.21

3

Rishabh Instruments Pvt Ltd

908.47

4

Aplab Ltd

716.14

5

Megger (India) Pvt Ltd

536.80

6

Scientech Technologies Pvt Ltd

360.83

7

Yokogawa India Ltd

354.38

8

Scientific Mes-Technik Pvt Ltd

139.77

9

Meco Instruments Pvt Ltd

136.88

10

Qmax Test Equipments Pvt Ltd

117.40

Rank 1

Keysight Technologies India Pvt Ltd (Formerly Agilent Technologies)

Sudhir Tangri, country general manager
Sudhir Tangri, country general manager

Annual revenue 2012-13: Rs 4716.66 million

(consolidated revenue figure for India)

Sudhir Tangri, country general manager

Keysight Technologies is a premier company focusing on electronics and communications equipment. It is a strong player in the aerospace, defence, wireless and semiconductor sectors. It has 9500 employees and caters to customers in more than 100 countries. Earlier the company was a part of Agilent Technologies.

  • Year of establishment: 1999

  • Year operations began in India: 1999, post August 2014, known as Keysight Technoloiges

  • Headquarters located in: California

  • Manufacturing facilities located in: California, Colorado and Delaware in the US, and in Australia, China, Denmark, Germany, Italy, Japan, Malaysia, Singapore and the UK

  • Products manufactured: Oscilloscopes, analysers and meters, generators, PXI, AXIe, modular systems, etc.

  • Sectors it caters to: Communications, aerospace and defence, industrial, semiconductors, etc.

Contact details: Ph: 1800-11-2929 (toll free), [email protected], www.keysight.com

Rank 2

Rohde & Schwarz India Pvt Ltd

Yatish Mohan, MD
Yatish Mohan, MD

Annual revenue 2012-13: Rs 3142.21 million

(consolidated revenue figure for India)

Yatish Mohan, MD

Rohde & Schwarz India is a wholly owned subsidiary of Rohde & Schwarz, Germany. The company has its subsidiaries and representatives active in 70 countries. The company designs, manufactures and markets a wide range of state-of-the-art testing solutions for the electronics sector. It has invested heavily to increase its local support capabilities.

  • Year of establishment: 1933

  • Year operations began in India: 1995

  • Headquarters located in: Munich

  • Manufacturing facilities located in: Germany and Malaysia

  • Products manufactured: Wireless communications testers, protocol analysers, oscilloscopes, signal and spectrum analysers, etc.

  • Sectors it caters to: Telecom, manufacturing, education, R&D labs, aerospace and defence, etc

Contact details: Ph: 011-42535407, [email protected], www.rohde-schwarz.co.in

Rank 3

Rishabh Instruments Pvt Ltd

Narendra J Goliya, CMD
Narendra J
Goliya, CMD

Annual revenue 2012-13: Rs 908.47 million

(consolidated revenue figure for India)

Narendra J Goliya, CMD

Rishabh Instruments’ core competence lies in industrial control products and T&M instruments. The company has established an in-house surface mount technology manufacturing set-up spread over 10,384 sq m, along with an in-house R&D centre, a commercial tool room, a moulding shop and a high-speed press shop. It is a government recognised exporter with more than 55 per cent of its revenue generated from exports. In 2011, it acquired Lumel SA in Poland. In the same year, Rishabh Instruments entered into a JV with ADEL Systems for DC power supplies.

  • Year of establishment: 1982

  • Year operations began in India: 1985

  • Headquarters located in: Nashik

  • Manufacturing facilities located in: Nashik and Zielona Gora (Poland)

  • Products manufactured: Panel meters, multi-function meters, transducers, power factor controllers, thyristor switching modules, insulation testers, multimeters, etc

  • Sectors it caters to: Industrial electronics, power sector, education, etc

Contact details: Ph: 0253-2202110/138, [email protected], www.rishabh.co.in

Rank 4

Aplab Ltd

Nishith Deodhar, MD
Nishith Deodhar, MD

Annual revenue 2012-13: Rs 716.14 million

(a multi-product company; consolidated revenue figure for India)

Nishith Deodhar, MD

Aplab is an indigenous player offering a wide range of electronic products. It is a strong player in the education sector. It has multiple product divisions, namely, T&M instruments, power conversion and controls, UPS systems, solar power products, banking and retail automation, and fault locating instruments. Aplab enjoys worldwide recognition for the quality of its products and innovative engineering skills.

  • Year of establishment: 1964

  • Year operations began in India: 1964

  • Headquarters located in: Mumbai

  • Manufacturing facilities located in: Thane, Navi Mumbai and Pune

  • Products manufactured: Oscilloscopes, signal/function generators, spectrum analysers, multimeters, multifunction test and communication equipment

  • Sectors it caters to: Education, defence, avionics and space research, telecom and broadcasting services, retail, manufacturing, petroleum and petrochemicals

Contact details: Ph: +91-22-67395555, 25821861, [email protected], www.aplab.com

Rank 5

Megger (India) Pvt Ltd

Ajay Goyal, MD
Ajay Goyal, MD

Annual revenue 2012-13: Rs 536.80 million

Ajay Goyal, MD

Megger designs and makes T&M instruments that perform electrical measurements for preventive maintenance, troubleshooting and commissioning. It now has offices in many locations with field sales teams and distributors all over the world.

  • Year of establishment: 1800

  • Year operations began in India: 2002

  • Headquarters located in: UK

  • Manufacturing facilities located in: UK, Sweden and USA

  • Products manufactured: Multimeters, clampmeters, transformer test equipment, cable testing and fault locating equipment

  • Sectors it caters to: Power, telecom, industrial, etc.

Contact details: Ph: +91-22-66711621, www.megger.com/in

Rank 6

Scientech Technologies Pvt Ltd

Ambrish Kela, MD and CEO
Ambrish Kela, MD and CEO

Annual Revenue 2012-13: Rs 360.83 million

(a multi-product company; consolidated revenue figure for India)

Ambrish Kela, MD and CEO

Scientech Technologies offers a diverse range of more than 550 T&M products. It has a pan-India presence and exports to more than 65 countries across the world.

  • Year of establishment and operation: 1983

  • Headquarters and manufacturing facility located in: Indore, MP

  • Products manufactured: Oscilloscopes, function generators, DC power supplies, etc

  • Sectors it caters to: Education, electronics and electrical, healthcare, etc.

Contact details: Ph: +91-731-4211100, [email protected], www.scientechworld.com

Rank 7

Yokogawa India Ltd

Tsutomu Murata, MD
Tsutomu Murata, MD

Annual revenue 2012-13: Rs 354.38 million

(a multi-product company but this revenue is only of the T&M dvision)

Tsutomu Murata, MD

Yokogawa India Ltd is a comprehensive solution provider of enterprise technology solutions and T&M equipment. It has a state-of-the-art manufacturing facility in Bengaluru.

  • Year of establishment: 1915

  • Year operations began in India: 1987

  • Headquarters located in: Tokyo, Japan

  • Manufacturing facility: Kofu, Japan, and Singapore

  • Products manufactured: Oscilloscopes, power analysers, optical spectrum analysers, etc.

  • Sectors it caters to: Industrial electronics, semiconductors, automotive, etc

Contact details: Ph: +91-80-41586000, www.yokogawa.com

Rank 8

Scientific Mes-Technik Pvt Ltd

Anirudha Kela, MD
Anirudha Kela, MD

Annual revenue 2012-13: Rs 139.77 million

(a multi-product company)

Anirudha Kela, MD

Scientific Mes-Technik is an indigenous player with almost 50 years of market experience. It is a vertically integrated company with a pan-India presence alongwith seven branch offices.

  • Year of establishment and operation: 1963

  • Headquarters and manufacturing facility: Indore, MP

  • Products manufactured: Oscilloscopes, spectrum analysers, function generators, etc.

  • Sectors it caters to: Education, power sector, industrial, etc.

Contact details: Ph: +91-731-2422330/33, [email protected], www.scientificindia.com

Rank 9

Meco Instruments Pvt Ltd

Premchand Goliya, CMD
Premchand Goliya, CMD

Annual revenue 2012-13: Rs 136.88 million

Premchand Goliya, CMD

Meco designs, develops and manufactures electrical and electronics T&M instruments and transducers. It has a network of over 100 dealers across India. It has a team of 100 skilled and trained personnel equipped with complete in-house facilities.

  • Year of establishment and operations: 1962

  • Headquarters and manufacturing facility located in: Mumbai

  • Products manufactured: Multimeters, digital clamp meters, ground resistance testers, etc.

  • Sectors it caters to: Industrial testing, power, telecom, education, etc.

Contact details: Ph: 0091-22-27673311-16, [email protected], www.mecoinst.com

Rank 10

Qmax Test Equipments Pvt Ltd

S R Sabapathi, founder director
S R Sabapathi, founder director

Annual revenue 2012-13: Rs 117.40 million

S R Sabapathi, founder director

Qmax Test Equipments was formed as a 100 per cent EOU (export-oriented unit) under the EHTP scheme of the STPI. Qmax offers automated test equipment for PCBs, semiconductor devices, etc. It has a sales and service network in all the six metro cities.

  • Year of establishment: 1992

  • Year operations began in India: 1993

  • Headquarters and manufacturing facility located in: Chennai, India

  • Products manufactured: PCBA testers, semiconductor testers, etc.

  • Sectors it caters to: Defence, telecommunications, aerospace, etc.

Contact details: Ph: +91-44-24509627, [email protected], www.qmaxtest.com

Electronics Bazaar, South Asia’s No.1 Electronics B2B magazine

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