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50 leading family-owned companies in Maharashtra

Tamtam tracks 77 family-owned companies headquartered in Maharashtra. This list ranks the 50 largest by number of employees on LinkedIn, led by Reliance Industries Limited, Godrej Industries Group and Godrej & Boyce Mfg. Co. Ltd.. Their median headcount is 725. Half of them were founded in 1967 or later. The most common headquarters are Mumbai (29) and Pune (18).

馃嚠馃嚦 Maharashtra50 companiesUpdated Nov 14, 2026

The family-owned companies in Maharashtra listed here are predominantly large, established firms across diverse sectors. They include conglomerates with wide-ranging interests, such as Reliance Industries Limited in oil and gas, retail, and telecommunications, and Godrej Industries Group, operating in consumer goods, real estate, and agri-businesses. Other notable companies are Force Motors Ltd, a vehicle manufacturer, and Serum Institute of India Pvt. Ltd., a major global vaccine producer. These firms demonstrate a strong presence in traditional industries as well as growth in modern sectors.

A clear pattern among these companies is their significant presence in Mumbai, which serves as the headquarters for many, including Godrej & Boyce Mfg. Co. Ltd., a diversified manufacturer, and VIP Industries Limited, a luggage and travel wear company. Pune is also a notable hub, hosting companies like Force Motors and Serum Institute of India. This geographical concentration highlights key economic centers within Maharashtra for family-owned enterprises.

#CompanyIndustryHeadquarters EmployeesFounded
1
Reliance Industries Limitedril.com

Company's activities span hydrocarbon exploration and production, petroleum refining, petrochemicals, retail, and telecommunications. Committed to innovation-led, exponential growth.

Oil and Gas 馃嚠馃嚦 Navi Mumbai 200,730 n/a
2
Godrej Industries Groupgodrejindustries.com

Established in 1897 in India, this trusted brand operates in consumer goods, real estate, appliances, agri, and other businesses both domestically and internationally

Holding Companies 馃嚠馃嚦 Mumbai 22,524 1897
3
Godrej & Boyce Mfg. Co. Ltd.godrejandboyce.com

A trusted brand offering diverse products and services, including locks, consumer goods, furniture, precision manufacturing, aerospace, and infrastructure development, with a focus on meaningful work

Manufacturing 馃嚠馃嚦 Mumbai 19,330 n/a
4
Force Motors Ltdforcemotors.com

An established automobile company with expertise in designing, developing, and manufacturing a range of vehicles, engines, and agricultural tractors, focusing on affordability and efficiency

Motor Vehicle Manufacturing 馃嚠馃嚦 Pune 6,789 1958
5
Serum Institute of India Pvt. Ltd.seruminstitute.com

Leading global vaccine manufacturer, producing and selling over 13 billion doses worldwide, accredited by WHO, saving millions of lives through national immunization programs

Biotechnology Research 馃嚠馃嚦 Pune 5,665 1966
6
Vijay Salesvijaysales.com

A leading retail chain in India offering a wide range of electronics products with a focus on quality, service, and customer satisfaction

Retail 馃嚠馃嚦 Mumbai 4,170 1967
7
VIP Industries Limitedvipindustries.co.in

A leading luggage and travel wear company with a focus on quality, innovation, and global presence through multiple brands and distribution channels

Manufacturing 馃嚠馃嚦 Mumbai 3,512 1968
8
Bajaj Groupbajajgroup.org

The company operates in the Sugar, Ethanol, Power, and FMCG industries while also engaging in philanthropic efforts to create self-reliant villages

Executive Offices 馃嚠馃嚦 Mumbai 3,316 1931
9
Haldiram Foods International Ltdhaldirams.com

A family-run business since 1937, specializing in authentic Indian snacks and sweets, focused on quality, tradition, and community values

Food and Beverage Services 馃嚠馃嚦 Nagpur 3,042 1937
10
Onward Technologies Limitedonwardgroup.com

Engineering services outsourcing specializing in digital, embedded, mechanical engineering for global OEMs across multiple industrial sectors and geographies.

Software Development 馃嚠馃嚦 Mumbai 3,023 1991
11
Piramal Grouppiramal.com

Global business in Pharma, Financial Services, and Real Estate. It also has a foundation focused on healthcare, education, and safe drinking water initiatives.

Executive Offices 馃嚠馃嚦 Mumbai 2,956 n/a
12
Allana Groupallana.com

Leading exporter of branded processed food products & agro commodities globally, specializing in frozen & chilled meat, fruit & vegetable products, coffee, and spices

Food and Beverage Manufacturing 馃嚠馃嚦 Mumbai 2,431 1865
13
Nirmal Bangnirmalbang.com

A leading Indian financial services provider offering equities, derivatives, commodities, mutual funds, insurance, and more with a focus on personal service and quality work

Financial Services 馃嚠馃嚦 Mumbai 2,234 1986
14
Navneet Education Limitednavneet.com

Leading educational content provider with print & digital materials, paper stationery, books, and digital learning solutions for students and teachers worldwide

Book and Periodical Publishing 馃嚠馃嚦 Mumbai 1,679 1959
15
T-Seriesyoutube.com

A leading Indian music record label and film studio, T-Series showcases India's culture through films, music, and products globally

Entertainment Providers 馃嚠馃嚦 Mumbai 1,429 n/a
16
Jawed Habib Hair & Beauty Limitedjawedhabib.com

A leading hair and beauty salon chain in India, offering professional services, education, and products while striving for global industry standards

Consumer Services 馃嚠馃嚦 Mumbai 1,288 n/a
17
Neon Laboratories Limitedneongroup.com

Specializing in developing technologies for manufacturing parenteral and oral formulations, focusing on providing life-saving anesthesia and critical care products worldwide

Pharmaceutical Manufacturing 馃嚠馃嚦 Mumbai 1,105 1982
18
Bestseller Indiabestseller.com

A fashion company with 362 exclusive brand outlets and 1,793 shop-in-shops in India, offering six popular clothing brands for men and women

Retail 馃嚠馃嚦 Mumbai 1,087 1975
19
Hari Krishna Exports Pvt. Ltd.hk.co

A global diamond supplier committed to ethical practices, sustainability, and community empowerment through innovative technology and socially responsible initiatives

Retail Luxury Goods and Jewelry 馃嚠馃嚦 Mumbai 1,022 1992
20
The Choksi Groupthechoksigroup.com

This conglomerate operates in oil and gas, textile, infrastructure, and energy sectors, focusing on growth in India's future infrastructure and clean energy needs

Oil and Gas 馃嚠馃嚦 Mumbai 911 1984
21
Premium Transmission Private Limitedpremium-transmission.com

Specializing in precision-engineered mechanical power transmission solutions, we design, manufacture, and service gears and couplings for various industries globally

Industrial Machinery Manufacturing 馃嚠馃嚦 Pune 872 1961
22
FERRERO INDIA PRIVATE LIMITEDferreroindia.com

A food production company based in Pune, Maharashtra, India, specializing in creating delicious and quality products for consumers

Food and Beverage Manufacturing 馃嚠馃嚦 Pune 768 n/a
23
Venkateshwara Hatcheries Private Limitedvenkys.com

An Indian food production company located in Pune, specializing in hatcheries and poultry products

Food and Beverage Manufacturing 馃嚠馃嚦 Pune 743 n/a
24
Kumar Corpkumarcorp.co.in

A leading real estate developer in Pune, Mumbai, and Bengaluru, known for top-quality construction, innovative design, and exceptional customer service

Residential Building Construction 馃嚠馃嚦 Pune 734 1966
25
CNK & Associates LLPcnkindia.com

A multi-disciplinary firm providing professional services to domestic and multinational corporations across various sectors, with a focus on the MSME sector

Accounting 馃嚠馃嚦 Mumbai 725 1936

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26
Pravin Masalewalesuhana.com

Leading spice processor offering wide range of ground spices, blends, ready to cook spices, instant foods, papads, pickles Family-run, serving millions globally

Food and Beverage Manufacturing 馃嚠馃嚦 Pune 720 1962
27
Jaya Hind Industries Private Limitedjayahind.com

A trusted provider of aluminum castings for global and domestic OEMs, with in-house tool manufacturing and machining facilities, serving renowned automotive brands

Manufacturing 馃嚠馃嚦 Pune 720 1947
28
Desai Brothers Ltd.pitaara.com

A longstanding conglomerate with diverse operations in tobacco, food, hospitality, renewable energy, and finance, fostering growth, innovation, and community engagement

Food and Beverage Services 馃嚠馃嚦 Pune 719 1901
29
Aries Agro Ltd.ariesagro.com

Manufacturer of micronutrients and nutritional products for plants and animals, including chelated micronutrients, bactericides, plant hormones, and secondary nutrients

Farming 馃嚠馃嚦 Mumbai 713 1969
30
Brose Indiabrose.com

A leading family-owned automotive supplier offering innovative solutions for vehicle access, interiors, and thermal management with a global presence and high employee count

Motor Vehicle Manufacturing 馃嚠馃嚦 Pune 701 2006
31
Hinduja Group Limitedhindujagroup.com

A global conglomerate with diverse business verticals, focusing on philanthropy, leadership, and stability, spanning across 100 countries with multi-billion-dollar revenue

Executive Offices 馃嚠馃嚦 Mumbai 692 1914
32
SM Auto Engineering Pvt Ltdsmauto.co.in

A family-owned manufacturing group specializing in designing, developing, and producing automotive components and assemblies across multiple plants in India

Motor Vehicle Manufacturing 馃嚠馃嚦 Pune 665 1976
33
Gera Developmentsgera.in

Pioneering real estate developer creating premium residential and commercial projects with a focus on innovation, customer satisfaction, and long-term enjoyment

Real Estate 馃嚠馃嚦 Pune 631 1970
34
Pitambari Products Pvt Ltdpitambari.com

A dynamic organization founded in 1986, specializing in manufacturing and exporting premium quality products under its flagship brand

Wellness and Fitness Services 馃嚠馃嚦 Thane 629 1986
35
Umedica Laboratories Private Limitedumedicalabs.com

Pharmaceutical company manufacturing and exporting a diverse range of formulations worldwide, with a focus on innovation, quality, and regulatory compliance

Pharmaceutical Manufacturing 馃嚠馃嚦 Mumbai 628 1982
36
Marquardt India Pvt. Ltdin.marquardt.com

A global leader in electromechanical and electronic switches, Marquardt specializes in automotive components, battery management, and household appliance solutions, prioritizing innovation and advancement

Motor Vehicle Parts Manufacturing 馃嚠馃嚦 Pune 616 1996
37
Polybondpolybondindia.com

Producer of high performance rubber parts for automotive and industrial applications in the manufacturing sector

Manufacturing 馃嚠馃嚦 Pune 610 n/a
38
MEP Infrastructure Developers Ltd.mepinfra.com

A Mumbai-based organization specializing in toll management, BOT and OMT projects, and bridge construction, dedicated to enhancing surface infrastructure for customers nationwide

Construction 馃嚠馃嚦 Mumbai 559 2002
39
PNG Jewellerspngjewellers.com

With a rich legacy of craftsmanship and values, our business focuses on trust, purity, and commitment in offering genuine gold, diamond, and silver products

Retail Luxury Goods and Jewelry 馃嚠馃嚦 Pune 517 1832
40
Omkar Realtors & Developers Pvt Ltd.omkar.com

Established real estate developer in Mumbai, known for luxury yet affordable residential and commercial projects, with a focus on innovation and operational excellence

Real Estate 馃嚠馃嚦 Mumbai 515 2003
41
Man Infraconstruction Limited (MICL)micl.com

The company specializes in engineering, real estate development, and luxury lifestyle projects, leveraging over 50 years of experience for global impact

Real Estate 馃嚠馃嚦 Mumbai 460 1964
42
Glatt Systems Private Limitedglatt.com

A machinery company located in Pune, Maharashtra, specializing in providing innovative solutions for various industrial processes

Machinery Manufacturing 馃嚠馃嚦 Pune 458 2013
43
DEVdev-associates.com

A turnkey interior design-build contracting firm offering end-to-end solutions for interiors in various sectors with a focus on quality, safety, and timeliness

Architecture and Planning 馃嚠馃嚦 Mumbai 447 2007
44
FM Logistic Indiafmlogistic.in

A global leader in contract logistics, warehousing, and distribution services, focusing on various sectors with a strong emphasis on client satisfaction and innovation

Transportation, Logistics, Supply Chain and Storage 馃嚠馃嚦 Pune 445 1967
45
KP Sanghvi and Sonskpsanghvi.com

A diamond manufacturing company with a focus on ethics, quality, and innovation, offering a variety of cuts and sizes, while also giving back to society

Wholesale Luxury Goods and Jewelry 馃嚠馃嚦 Mumbai 427 1965
46
Oriental Rubber Industries Private Limitedorientalrubber.com

A pioneer in manufacturing synthetic fabric reinforced conveyor belts for various industries globally, offering a wide range of specialized products and customized solutions

Mechanical Or Industrial Engineering 馃嚠馃嚦 Pune 419 1949
47
Bajaj Corp Ltdbajajcorp.com

An Indian consumer goods company specializing in hair care products, focusing on premium quality and market leadership, with a strong emphasis on social responsibility

Renewables & Environment 馃嚠馃嚦 Mumbai 418 n/a
48
Liladhar Pasoo (LP) Groupliladharpasoo.com

A logistics solutions provider with a history dating back to 1919, offering end-to-end trade facilitation services and expertise as Custom House Agents in India

Transportation, Logistics, Supply Chain and Storage 馃嚠馃嚦 Mumbai 415 1919
49
HP ADHESIVES LIMITEDhpadhesives.com

A leading manufacturer of solvent cement in Asia, with diverse business interests including adhesives, plumbing accessories, textiles, logistics, real estate, and engineering

Chemical Manufacturing 馃嚠馃嚦 Mumbai 414 1978
50
J.B.BODA Groupjbbodagroup.com

A pioneering group offering reinsurance broking services globally, with a legacy of professionalism, integrity, and customer-centered business management Serving various locations

Insurance 馃嚠馃嚦 Mumbai 411 1943

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 14, 2026.

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