# 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).

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.

🇮🇳 Maharashtra · 50 companies · Updated Nov 14, 2026

| # | Company | Industry | Headquarters | Employees | Founded |
|---|---|---|---|---|---|
| 1 | [Reliance Industries Limited](https://www.tamtam.ai/c/reliance-industries-limited) (ril.com)<br>Company's activities span hydrocarbon exploration and production, petroleum refining, petrochemicals, retail, and telecommunications. Committed to innovation-led, exponential growth. | Oil and Gas | 🇮🇳 Navi Mumbai | 200,730 |  |
| 2 | [Godrej Industries Group](https://www.tamtam.ai/c/godrej-industries-group) (godrejindustries.com)<br>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 | 🇮🇳 Mumbai | 22,524 | 1897 |
| 3 | [Godrej & Boyce Mfg. Co. Ltd.](https://www.tamtam.ai/c/godrej-and-boyce-mfg-co-ltd) (godrejandboyce.com)<br>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 | 🇮🇳 Mumbai | 19,330 |  |
| 4 | [Force Motors Ltd](https://www.tamtam.ai/c/force-motors-ltd) (forcemotors.com)<br>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 | 🇮🇳 Pune | 6,789 | 1958 |
| 5 | [Serum Institute of India Pvt. Ltd.](https://www.tamtam.ai/c/serum-institute-of-india-pvt-ltd) (seruminstitute.com)<br>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 | 🇮🇳 Pune | 5,665 | 1966 |
| 6 | [Vijay Sales](https://www.tamtam.ai/c/vijay-sales) (vijaysales.com)<br>A leading retail chain in India offering a wide range of electronics products with a focus on quality, service, and customer satisfaction | Retail | 🇮🇳 Mumbai | 4,170 | 1967 |
| 7 | [VIP Industries Limited](https://www.tamtam.ai/c/vip-industries-limited) (vipindustries.co.in)<br>A leading luggage and travel wear company with a focus on quality, innovation, and global presence through multiple brands and distribution channels | Manufacturing | 🇮🇳 Mumbai | 3,512 | 1968 |
| 8 | [Bajaj Group](https://www.tamtam.ai/c/bajaj-group) (bajajgroup.org)<br>The company operates in the Sugar, Ethanol, Power, and FMCG industries while also engaging in philanthropic efforts to create self-reliant villages | Executive Offices | 🇮🇳 Mumbai | 3,316 | 1931 |
| 9 | [Haldiram Foods International Ltd](https://www.tamtam.ai/c/haldiram-foods-international-ltd) (haldirams.com)<br>A family-run business since 1937, specializing in authentic Indian snacks and sweets, focused on quality, tradition, and community values | Food and Beverage Services | 🇮🇳 Nagpur | 3,042 | 1937 |
| 10 | [Onward Technologies Limited](https://www.tamtam.ai/c/onward-technologies-limited) (onwardgroup.com)<br>Engineering services outsourcing specializing in digital, embedded, mechanical engineering for global OEMs across multiple industrial sectors and geographies. | Software Development | 🇮🇳 Mumbai | 3,023 | 1991 |
| 11 | [Piramal Group](https://www.tamtam.ai/c/piramal-group) (piramal.com)<br>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 | 🇮🇳 Mumbai | 2,956 |  |
| 12 | [Allana Group](https://www.tamtam.ai/c/allana-group) (allana.com)<br>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 | 🇮🇳 Mumbai | 2,431 | 1865 |
| 13 | [Nirmal Bang](https://www.tamtam.ai/c/nirmal-bang) (nirmalbang.com)<br>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 | 🇮🇳 Mumbai | 2,234 | 1986 |
| 14 | [Navneet Education Limited](https://www.tamtam.ai/c/navneet-education-limited) (navneet.com)<br>Leading educational content provider with print & digital materials, paper stationery, books, and digital learning solutions for students and teachers worldwide | Book and Periodical Publishing | 🇮🇳 Mumbai | 1,679 | 1959 |
| 15 | [T-Series](https://www.tamtam.ai/c/t-series) (youtube.com)<br>A leading Indian music record label and film studio, T-Series showcases India's culture through films, music, and products globally | Entertainment Providers | 🇮🇳 Mumbai | 1,429 |  |
| 16 | [Jawed Habib Hair & Beauty Limited](https://www.tamtam.ai/c/jawed-habib-hair-and-beauty-limited) (jawedhabib.com)<br>A leading hair and beauty salon chain in India, offering professional services, education, and products while striving for global industry standards | Consumer Services | 🇮🇳 Mumbai | 1,288 |  |
| 17 | [Neon Laboratories Limited](https://www.tamtam.ai/c/neon-laboratories-limited) (neongroup.com)<br>Specializing in developing technologies for manufacturing parenteral and oral formulations, focusing on providing life-saving anesthesia and critical care products worldwide | Pharmaceutical Manufacturing | 🇮🇳 Mumbai | 1,105 | 1982 |
| 18 | [Bestseller India](https://www.tamtam.ai/c/bestseller-india) (bestseller.com)<br>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 | 🇮🇳 Mumbai | 1,087 | 1975 |
| 19 | [Hari Krishna Exports Pvt. Ltd.](https://www.tamtam.ai/c/hari-krishna-exports-pvt-ltd) (hk.co)<br>A global diamond supplier committed to ethical practices, sustainability, and community empowerment through innovative technology and socially responsible initiatives | Retail Luxury Goods and Jewelry | 🇮🇳 Mumbai | 1,022 | 1992 |
| 20 | [The Choksi Group](https://www.tamtam.ai/c/the-choksi-group) (thechoksigroup.com)<br>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 | 🇮🇳 Mumbai | 911 | 1984 |
| 21 | [Premium Transmission Private Limited](https://www.tamtam.ai/c/premium-transmission-private-limited) (premium-transmission.com)<br>Specializing in precision-engineered mechanical power transmission solutions, we design, manufacture, and service gears and couplings for various industries globally | Industrial Machinery Manufacturing | 🇮🇳 Pune | 872 | 1961 |
| 22 | [FERRERO INDIA PRIVATE LIMITED](https://www.tamtam.ai/c/ferrero-india-private-limited) (ferreroindia.com)<br>A food production company based in Pune, Maharashtra, India, specializing in creating delicious and quality products for consumers | Food and Beverage Manufacturing | 🇮🇳 Pune | 768 |  |
| 23 | [Venkateshwara Hatcheries Private Limited](https://www.tamtam.ai/c/venkateshwara-hatcheries-private-limited) (venkys.com)<br>An Indian food production company located in Pune, specializing in hatcheries and poultry products | Food and Beverage Manufacturing | 🇮🇳 Pune | 743 |  |
| 24 | [Kumar Corp](https://www.tamtam.ai/c/kumar-corp) (kumarcorp.co.in)<br>A leading real estate developer in Pune, Mumbai, and Bengaluru, known for top-quality construction, innovative design, and exceptional customer service | Residential Building Construction | 🇮🇳 Pune | 734 | 1966 |
| 25 | [CNK & Associates LLP](https://www.tamtam.ai/c/cnk-and-associates-llp) (cnkindia.com)<br>A multi-disciplinary firm providing professional services to domestic and multinational corporations across various sectors, with a focus on the MSME sector | Accounting | 🇮🇳 Mumbai | 725 | 1936 |
| 26 | [Pravin Masalewale](https://www.tamtam.ai/c/pravin-masalewale) (suhana.com)<br>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 | 🇮🇳 Pune | 720 | 1962 |
| 27 | [Jaya Hind Industries Private Limited](https://www.tamtam.ai/c/jaya-hind-industries-private-limited) (jayahind.com)<br>A trusted provider of aluminum castings for global and domestic OEMs, with in-house tool manufacturing and machining facilities, serving renowned automotive brands | Manufacturing | 🇮🇳 Pune | 720 | 1947 |
| 28 | [Desai Brothers Ltd.](https://www.tamtam.ai/c/desai-brothers-ltd) (pitaara.com)<br>A longstanding conglomerate with diverse operations in tobacco, food, hospitality, renewable energy, and finance, fostering growth, innovation, and community engagement | Food and Beverage Services | 🇮🇳 Pune | 719 | 1901 |
| 29 | [Aries Agro Ltd.](https://www.tamtam.ai/c/aries-agro-ltd) (ariesagro.com)<br>Manufacturer of micronutrients and nutritional products for plants and animals, including chelated micronutrients, bactericides, plant hormones, and secondary nutrients | Farming | 🇮🇳 Mumbai | 713 | 1969 |
| 30 | [Brose India](https://www.tamtam.ai/c/brose-india) (brose.com)<br>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 | 🇮🇳 Pune | 701 | 2006 |
| 31 | [Hinduja Group Limited](https://www.tamtam.ai/c/hinduja-group-limited) (hindujagroup.com)<br>A global conglomerate with diverse business verticals, focusing on philanthropy, leadership, and stability, spanning across 100 countries with multi-billion-dollar revenue | Executive Offices | 🇮🇳 Mumbai | 692 | 1914 |
| 32 | [SM Auto Engineering Pvt Ltd](https://www.tamtam.ai/c/sm-auto-engineering-pvt-ltd) (smauto.co.in)<br>A family-owned manufacturing group specializing in designing, developing, and producing automotive components and assemblies across multiple plants in India | Motor Vehicle Manufacturing | 🇮🇳 Pune | 665 | 1976 |
| 33 | [Gera Developments](https://www.tamtam.ai/c/gera-developments) (gera.in)<br>Pioneering real estate developer creating premium residential and commercial projects with a focus on innovation, customer satisfaction, and long-term enjoyment | Real Estate | 🇮🇳 Pune | 631 | 1970 |
| 34 | [Pitambari Products Pvt Ltd](https://www.tamtam.ai/c/pitambari-products-pvt-ltd) (pitambari.com)<br>A dynamic organization founded in 1986, specializing in manufacturing and exporting premium quality products under its flagship brand | Wellness and Fitness Services | 🇮🇳 Thane | 629 | 1986 |
| 35 | [Umedica Laboratories Private Limited](https://www.tamtam.ai/c/umedica-laboratories-private-limited) (umedicalabs.com)<br>Pharmaceutical company manufacturing and exporting a diverse range of formulations worldwide, with a focus on innovation, quality, and regulatory compliance | Pharmaceutical Manufacturing | 🇮🇳 Mumbai | 628 | 1982 |
| 36 | [Marquardt India Pvt. Ltd](https://www.tamtam.ai/c/marquardt-india-pvt-ltd) (in.marquardt.com)<br>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 | 🇮🇳 Pune | 616 | 1996 |
| 37 | [Polybond](https://www.tamtam.ai/c/polybond) (polybondindia.com)<br>Producer of high performance rubber parts for automotive and industrial applications in the manufacturing sector | Manufacturing | 🇮🇳 Pune | 610 |  |
| 38 | [MEP Infrastructure Developers Ltd.](https://www.tamtam.ai/c/mep-infrastructure-developers-ltd) (mepinfra.com)<br>A Mumbai-based organization specializing in toll management, BOT and OMT projects, and bridge construction, dedicated to enhancing surface infrastructure for customers nationwide | Construction | 🇮🇳 Mumbai | 559 | 2002 |
| 39 | [PNG Jewellers](https://www.tamtam.ai/c/png-jewellers) (pngjewellers.com)<br>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 | 🇮🇳 Pune | 517 | 1832 |
| 40 | [Omkar Realtors & Developers Pvt Ltd.](https://www.tamtam.ai/c/omkar-realtors-and-developers-pvt-ltd) (omkar.com)<br>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 | 🇮🇳 Mumbai | 515 | 2003 |
| 41 | [Man Infraconstruction Limited (MICL)](https://www.tamtam.ai/c/man-infraconstruction-limited-micl) (micl.com)<br>The company specializes in engineering, real estate development, and luxury lifestyle projects, leveraging over 50 years of experience for global impact | Real Estate | 🇮🇳 Mumbai | 460 | 1964 |
| 42 | [Glatt Systems Private Limited](https://www.tamtam.ai/c/glatt-systems-private-limited) (glatt.com)<br>A machinery company located in Pune, Maharashtra, specializing in providing innovative solutions for various industrial processes | Machinery Manufacturing | 🇮🇳 Pune | 458 | 2013 |
| 43 | [DEV](https://www.tamtam.ai/c/dev) (dev-associates.com)<br>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 | 🇮🇳 Mumbai | 447 | 2007 |
| 44 | [FM Logistic India](https://www.tamtam.ai/c/fm-logistic-india) (fmlogistic.in)<br>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 | 🇮🇳 Pune | 445 | 1967 |
| 45 | [KP Sanghvi and Sons](https://www.tamtam.ai/c/kp-sanghvi-and-sons) (kpsanghvi.com)<br>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 | 🇮🇳 Mumbai | 427 | 1965 |
| 46 | [Oriental Rubber Industries Private Limited](https://www.tamtam.ai/c/oriental-rubber-industries-private-limited) (orientalrubber.com)<br>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 | 🇮🇳 Pune | 419 | 1949 |
| 47 | [Bajaj Corp Ltd](https://www.tamtam.ai/c/bajaj-corp-ltd) (bajajcorp.com)<br>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 | 🇮🇳 Mumbai | 418 |  |
| 48 | [Liladhar Pasoo (LP) Group](https://www.tamtam.ai/c/liladhar-pasoo-lp-group) (liladharpasoo.com)<br>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 | 🇮🇳 Mumbai | 415 | 1919 |
| 49 | [HP ADHESIVES LIMITED](https://www.tamtam.ai/c/hp-adhesives-limited) (hpadhesives.com)<br>A leading manufacturer of solvent cement in Asia, with diverse business interests including adhesives, plumbing accessories, textiles, logistics, real estate, and engineering | Chemical Manufacturing | 🇮🇳 Mumbai | 414 | 1978 |
| 50 | [J.B.BODA Group](https://www.tamtam.ai/c/j-b-boda-group) (jbbodagroup.com)<br>A pioneering group offering reinsurance broking services globally, with a legacy of professionalism, integrity, and customer-centered business management Serving various locations | Insurance | 🇮🇳 Mumbai | 411 | 1943 |

## 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.

## More company lists in Maharashtra

- [The largest companies in Maharashtra](https://www.tamtam.ai/l/largest-companies-maharashtra) (4,912)
- [Multinational companies in Maharashtra](https://www.tamtam.ai/l/multinational-companies-maharashtra) (983)
- [Manufacturers in Maharashtra](https://www.tamtam.ai/l/manufacturers-maharashtra) (884)
- [Financial services firms in Maharashtra](https://www.tamtam.ai/l/financial-services-firms-maharashtra) (600)
- [Financial Services companies in Maharashtra](https://www.tamtam.ai/l/financial-services-companies-maharashtra) (535)
- [Companies with in-house R&D in Maharashtra](https://www.tamtam.ai/l/r-and-d-companies-maharashtra) (515)
- [Publicly traded companies in Maharashtra](https://www.tamtam.ai/l/publicly-traded-companies-maharashtra) (451)
- [Companies with a mobile app in Maharashtra](https://www.tamtam.ai/l/companies-with-mobile-app-maharashtra) (387)
- [IT Services and IT Consulting companies in Maharashtra](https://www.tamtam.ai/l/it-services-and-it-consulting-companies-maharashtra) (386)
- [Retail chains in Maharashtra](https://www.tamtam.ai/l/retail-chains-maharashtra) (349)
- [Education providers in Maharashtra](https://www.tamtam.ai/l/education-companies-maharashtra-india) (335)
- [IT services companies in Maharashtra](https://www.tamtam.ai/l/it-services-companies-maharashtra) (322)
- [Hardware manufacturers in Maharashtra](https://www.tamtam.ai/l/hardware-companies-maharashtra) (305)
- [Critical infrastructure operators in Maharashtra](https://www.tamtam.ai/l/critical-infrastructure-operators-maharashtra) (302)
- [Professional services firms in Maharashtra](https://www.tamtam.ai/l/professional-services-firms-maharashtra) (301)
- [Corporate groups and holding companies in Maharashtra](https://www.tamtam.ai/l/holding-companies-maharashtra) (300)
- [Consulting firms in Maharashtra](https://www.tamtam.ai/l/consulting-firms-maharashtra) (205)
- [Chemical companies in Maharashtra](https://www.tamtam.ai/l/chemical-companies-maharashtra) (192)
- [AI companies in Maharashtra](https://www.tamtam.ai/l/ai-companies-maharashtra) (176)
- [Automotive manufacturers and suppliers in Maharashtra](https://www.tamtam.ai/l/automotive-companies-maharashtra) (160)
- [Pharmaceutical companies in Maharashtra](https://www.tamtam.ai/l/pharmaceutical-companies-maharashtra) (156)
- [Energy companies in Maharashtra](https://www.tamtam.ai/l/energy-companies-maharashtra) (154)
- [E-commerce companies in Maharashtra](https://www.tamtam.ai/l/ecommerce-companies-maharashtra) (147)
- [Pharmaceutical Manufacturing companies in Maharashtra](https://www.tamtam.ai/l/pharmaceutical-manufacturing-companies-maharashtra) (143)

## The same list elsewhere in India

- [Family-owned companies in India](https://www.tamtam.ai/l/family-owned-companies-india) (238)
- [Family-owned companies in Mumbai](https://www.tamtam.ai/l/family-owned-companies-mumbai) (46)
- [Family-owned companies in New Delhi](https://www.tamtam.ai/l/family-owned-companies-new-delhi) (27)
- [Family-owned companies in Pune](https://www.tamtam.ai/l/family-owned-companies-pune) (25)

## The same list elsewhere

- [Family-owned companies in the world](https://www.tamtam.ai/l/family-owned-companies-in-the-world) (14,667)
- [Family-owned companies in Asia](https://www.tamtam.ai/l/family-owned-companies-in-asia) (373)

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Source: https://www.tamtam.ai/l/family-owned-companies-maharashtra
