Hicotronics

What Hicotronics does

Hicotronics is a privately-held, Bangalore-based distributor of industrial electronics and automation components, founded in 1997 by Suresh Kumar Chopra. The company operates as a for-profit, non-public entity with a small headcount in the 11-50 employee range, serving customers in India from its base in Bangalore. Its functional role is that of an industrial distribution intermediary — sourcing and supplying electronic and automation components to downstream industrial buyers — rather than a manufacturer of proprietary hardware or software. The company's own website currently displays only a loading/verification page and does not disclose product catalog details, pricing, supplier relationships, or customer segments.

The available data does not specify Hicotronics' product portfolio (e.g., PLCs, sensors, drives, controllers), brand authorization status with principals, technical differentiation, value-added services such as integration or panel-building, or its go-to-market and pricing model. No patents, certifications, awards, partnerships, subsidiary structure, or regulatory actions are documented. There is no disclosed information on revenue, funding history, M&A activity, geographic footprint beyond India, leadership team beyond the founder, or digital/technology capabilities.

As a result, the investment-relevant picture is that of a long-tenured but informationally opaque small Indian industrial distributor. The strategic question for a PE/VC/M&A audience is whether the company's longevity reflects entrenched supplier relationships and a defensible niche, or whether it is a low-margin commodity trading business at risk of disintermediation by digitally-enabled distributors and direct OEM channels. Primary diligence would be required to assess supplier concentration, customer base, gross margin profile, working capital intensity, and any digital value-add.

Name

Hicotronics

Website

https://hicotronics.com

Company type

Private

Founded year

1997

Headcount range

11–50 employees

Short description

Hicotronics is a privately-held Bangalore-based distributor of industrial electronics and automation components, founded in 1997 by Suresh Kumar Chopra. It serves industrial buyers in India with a small team of 11-50 employees, functioning as a traditional component-trading intermediary.

Ownership category

akta.pro rank

Product category

Industrial Electronics Distribution

NAICS

Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Electrical Equipment Manufacturing (3353)

SIC

Wholesale-Industrial Machinery & Equipment (5084), Wholesale-Electronic Parts & Equipment, Nec (5065), Wholesale-Machinery, Equipment & Supplies (5080)

akta.pro primary industry

Electronics Components & OEM/ODM Sourcing Marketplaces (CRAFAHAM)

akta.pro secondary industries

Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers) (IMAHAHAH), Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation) (IMAHAHAK)

Keywords

• Industrial electronics distribution
• Automation components supply
• Electronic hardware distribution
• Industrial automation parts
• Factory automation components

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Core offering

Hicotronics distributes industrial electronics and automation components. Operating as a B2B supplier, the company sources electronic and automation hardware from manufacturers and resells it to industrial customers, system integrators, and OEMs requiring components for factory automation, control systems, and related industrial applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Electronics and Automation Components Distribution of industrial electronics and automation components (such as parts used in factory automation, process control, and industrial systems) sold to business customers including industrial manufacturers, system integrators, and OEMs in India.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Broad incumbents

• Mouser Electronics: Global broad-line electronic component distributor with India shipping and local currency support. Comparable as a competing channel for industrial electronics buyers but at much larger scale and breadth than Hicotronics.
• Avnet: Global broad-line electronic component distributor with India presence serving industrial customers. Comparable line-card overlap but significantly larger scale and supply-chain services.
• Arrow Electronics: Global electronics and enterprise solutions distributor with India operations serving industrial and automation customers. Comparable at the level of product categories but with significantly broader portfolio and capabilities.
• Future Electronics: Global electronic component distributor serving industrial and embedded customers. Comparable in industrial electronics line card; competes with Hicotronics for Indian OEM and EMS demand.
• Digi-Key Electronics: One of the largest global electronic component distributors, shipping from international hubs into India. Overlaps with Hicotronics in industrial sensors, controls, and embedded electronics SKUs.

Emerging players

• Autonics India: Industrial automation component manufacturer-distributor (sensors, controllers, motion) with India operations. Comparable in industrial automation products, though Autonics is more product-vertical than general-line.
• Radwell International: Distributor of industrial automation spares and new-surplus components serving factory customers. Comparable in the industrial automation component niche, with overlapping buyer profile (maintenance, plant engineering).

Regional players

• WPG Holdings: Asia-Pacific electronic component distribution platform. Comparable as an industrial electronics distributor but primarily Asia-headquartered and only partially overlapping with Hicotronics' Indian customer base.

Direct peers

• element14 (Farnell): Global distributor of industrial electronic components and semiconductors with a strong India presence. Directly comparable to Hicotronics as both serve industrial/automation buyers with broad-line electronic component catalogs.
• RS Components (India): Industrial electronics and automation product distributor serving Indian maintenance, OEM, and system-integrator customers. Closely comparable to Hicotronics' customer base and product scope, including PLCs, sensors, and controls.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hicotronics