Capacitors are small components, but they are used in almost every electrical and electronic system. They store and release electrical energy, help improve power factor, reduce voltage fluctuations, support motors, protect circuits and improve the performance of machines. From fans, pumps and air conditioners to EV chargers, inverters, UPS systems, railways, telecom, power plants and renewable-energy systems, capacitors have a silent but important role.
India has different types of capacitor manufacturers. Some companies make electronic capacitors, some focus on aluminium electrolytic capacitors, some are strong in film capacitors, while others manufacture power capacitors, APFC panels and capacitor banks for industries and utilities.
For this 2026 list, the ranking is based on manufacturing strength, product range, market presence, brand reputation, industrial use, export reach and importance in India’s capacitor sector. Since capacitor production is spread across many categories, this should be read as an industry-based ranking, not a single government production ranking.
Now let’s check out the top 10 capacitor manufacturers in India in 2026.
1. TDK Electronics / EPCOS India
TDK Electronics is one of the strongest capacitor manufacturers operating in India, backed by global EPCOS technology.
TDK Electronics, earlier known as EPCOS, is one of the most important names in India’s capacitor industry. The company’s global portfolio includes capacitors, inductors, ceramic components, EMC filters, sensors and protection devices. It also has production locations in India, including Bawal, Nashik and Kalyani.
In India, EPCOS/TDK is especially important for film capacitors, power capacitors, electronic components and industrial applications. Its products are used in automotive electronics, renewable energy, power supplies, industrial drives, lighting and consumer electronics. Because of its technology, scale and Indian manufacturing base, TDK/EPCOS deserves the first position.
2. Keltron Component Complex Limited
Keltron is one of India’s most important aluminium electrolytic capacitor manufacturers.
Keltron Component Complex Limited, or KCCL, is based in Kerala and has a long history in passive electronic components. The company says it was established in 1974 for manufacturing aluminium electrolytic capacitors and is now the biggest manufacturer of aluminium electrolytic capacitors in India. It also mentions an installed annual capacity of 350 million pieces.
Keltron’s product range includes aluminium electrolytic capacitors, high-CV capacitors, AC motor start capacitors, MPP capacitors, rectangular capacitors and supercapacitors. The company is also known for India’s first supercapacitor production facility, which makes it very important for future energy-storage applications.
3. Deki Electronics Limited
Deki Electronics is India’s leading film capacitor manufacturer with a strong domestic and export presence.
Deki Electronics is one of the best-known Indian names in film capacitors. The company calls itself India’s largest film capacitor manufacturer and offers a wide range of products, including RFI suppression capacitors, PCB mount film capacitors, motor run capacitors, power electronics capacitors, DC-link capacitors, snubber capacitors and fan regulator capacitors.
Deki has more than four decades of experience and mentions that its manufacturing capacity has grown to 750 million pieces per annum as of April 2024. Its capacitors are used in automotive, lighting, consumer electronics, power electronics, industrial energy and medical applications.
4. Exxelia Alcon Electronics
Exxelia Alcon is a major Indian capacitor manufacturer for power electronics, aluminium electrolytic and film capacitors.
Exxelia Alcon Electronics is one of the largest capacitor manufacturing companies in India for screw-terminal aluminium electrolytic capacitors and polypropylene film capacitors used in power electronics. The company’s products serve AC drives, UPS systems, inverters, wireless EV charging, renewable energy, induction heating, medical systems, welding and pulse equipment.
Alcon has been connected with capacitor manufacturing since 1977 and is known for aluminium electrolytic capacitors, IGBT snubber film capacitors, DC-link film capacitors and power film capacitors. Its strength lies in high-performance industrial and power-electronics applications.
5. Tibrewala Electronics Limited – TIBCON
TIBCON is a strong Indian capacitor brand known for fan, motor, pump and power-factor capacitors.
Tibrewala Electronics, popularly known as TIBCON, is one of India’s well-known capacitor manufacturers. Its product range includes fan capacitors, submersible pump capacitors, motor start capacitors, power factor correction capacitors, power electronic capacitors, air-conditioning capacitors, oil-filled capacitors and locomotive traction application capacitors.
TIBCON has a strong presence in the electrical and motor capacitor segment. Its products are used in fans, pumps, air conditioners, industrial motors and power-factor correction systems. The company is especially relevant in India’s household electrical and industrial utility market.
6. Universal Cables Limited – UNISTAR
Universal Cables is a major power capacitor manufacturer with strong industrial and utility-sector relevance.
Universal Cables Limited, operating under the UNISTAR brand, is better known for cables, but its capacitor division is also important. The company’s product range includes medium-voltage power capacitors, low-voltage power capacitors, surge capacitors, capacitor banks, HT and LT APFC panels, harmonic filter banks, MV/HV capacitor banks, static VAR generators and active harmonic filters.
UNISTAR says its capacitor division makes APP capacitors with global collaborations. The company is important for power utilities, industrial plants, railways, construction, telecom, solar and power-quality applications.
7. Shreem Electric Limited
Shreem Electric is one of India’s strong names in power capacitors and reactive power compensation systems.
Shreem Electric is a well-known manufacturer in the power capacitor and reactive power compensation market. The company says it has achieved domestic market leadership in the capacitor/reactive power compensation market and exports products to 41 countries. It also manufactures MV and HV capacitor banks, LV capacitors, PFC components, power-quality management systems and related T&D equipment.
Shreem is especially important for substations, transmission and distribution projects, industrial power systems and utility-level capacitor banks. Its strength is not only in capacitors but also in complete power-quality and turnkey electrical solutions.
8. Havells India Limited
Havells is a major Indian electrical brand with capacitors in its wide home and electrical product range.
Havells is one of India’s most recognised electrical equipment companies. Its product categories include fans, lighting, switches, wires, pumps, switchgear and MFD capacitors. Its website lists MFD capacitors under home electricals, showing its presence in the capacitor category for consumer and electrical applications.
Havells capacitors are mostly linked with fan, motor and household electrical use. The company’s biggest strength is its brand trust and wide dealer network. For retail electrical buyers, electricians and small contractors, Havells remains one of the most visible capacitor brands in India.
9. Schneider Electric India / Meher Capacitors
Schneider Electric is important in India’s capacitor and power-quality segment through its wider electrical systems business.
Schneider Electric is a global energy management and automation company with strong Indian operations. It has a historical connection with India’s capacitor market through Meher Capacitors, which was acquired by Schneider Electric.
In India, Schneider’s strength is in power factor correction, power quality, electrical distribution, automation and energy management systems. It is more of a complete electrical solutions company than a pure capacitor-only manufacturer, but its capacitor and power-quality presence keeps it important in this list.
10. Neptune India Limited
Neptune India completes the list with strong products in power capacitors and power-quality management.
Neptune India is active in industrial electrical and power solutions. Its product categories include power factor correction systems, power capacitors, power factor controllers, thyristors, reactors, harmonic filter solutions, APFC panels and power-quality products.
The company serves industries, infrastructure, railways, airports, data centres, power distribution, commercial buildings, cement, oil and gas, water treatment and renewable-energy applications. Neptune may not be as famous as TDK, Keltron or Deki in the pure capacitor world, but it is a useful name in India’s power capacitor and power-quality segment.
Final Words
India’s capacitor manufacturing industry in 2026 is led by strong names such as TDK/EPCOS India, Keltron, Deki Electronics, Exxelia Alcon and TIBCON. Universal Cables, Shreem Electric, Havells, Schneider Electric/Meher and Neptune India also play important roles in power capacitors, motor capacitors, capacitor banks and power-quality systems. As India grows in electronics, EVs, renewable energy, industrial automation and power infrastructure, capacitor manufacturers will continue to remain important for stable and efficient electrical performance.
