NEO TECH
NEO TECH is a private Rajkot-based manufacturer of CNC turning machines, Vertical Machining Centers, and Special Purpose Machines, serving industrial manufacturers in automotive, pump/motor, aerospace, and medical sectors across India.
- Company typePrivate
- Founded2013
- HeadquartersRajkot, India
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What NEO TECH does
NEO TECH (legal entity: NEO-TECH Electrical Control & Automation Pvt. Ltd.) is a private Indian manufacturer of CNC machine tools headquartered in Rajkot, Gujarat. Founded in November 2013 as a trading company, it progressively verticalized into manufacturing—producing FRC cables and CNC-specific relay modules (2014), electrical and automation panels (2015), Special Purpose Machines (SPM, 2016), and CNC lathe machines (2018)—before being incorporated as a Private Limited company in November 2017. Its product portfolio spans three categories: CNC turning machines (Flat Bed in STD/XL/OD series, Linear, Slant Bed, Big Bore), Vertical Machining Centers (VMC), and Special Purpose Machines for submersible body turning, polygon turning, facing and centering, turn-mill operations, and surgical screw threading. The machines utilize third-party CNC controllers (Mitsubishi, Fanuc, Siemens, Delta) and target industrial manufacturers across automotive, pump/motor, aerospace, and medical equipment sectors.
The company's business model is built on direct enterprise field sales supplemented by trade exhibition presence (Engimach, Jamnagar Tech-Fest), with a regional distribution partnership with Sick India Pvt. Ltd. covering the Saurashtra region. Revenue is generated through one-time hardware sales of CNC machines and SPMs, plus related field service, installation, and technical support. Supporting revenue streams include electrical control panels and FRC cables, which provide backward integration into the machine value chain. Pricing is quote-based and not publicly disclosed, with machines ranging from compact 160mm turning diameter units to heavy-duty 1000mm capacity OD series machines.
NEO TECH is ISO 9001:2008 certified, operates a manufacturing facility in Lodhika (Gujarat), and maintains sales presence in Rajkot and Ahmedabad. The company is founder/owner-operated with no disclosed external institutional investment, serves named customers including Piyush Crankshaft, Surapura Industries, and Goyam Steel Industries, and positions itself around customization capability, rigid heavy-duty construction, and application-specific machine design rather than scale or technology differentiation.
NEO TECH firmographics
Firmographics- Name
- NEO TECH
- Legal name
- NEO-TECH Electrical Control & Automation Pvt. Ltd.
- Website
- https://neotechcnc.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NEO TECH is a private Rajkot-based manufacturer of CNC turning machines, Vertical Machining Centers, and Special Purpose Machines, serving industrial manufacturers in automotive, pump/motor, aerospace, and medical sectors across India.
- Ownership category
- akta.pro rank
NEO TECH industry classification
Industry- Product category
- Industrial CNC Machinery
- NAICS
- Electrical Equipment Manufacturing (3353), Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314)
- SIC
- Electrical Industrial Apparatus (3620), Switchgear & Switchboard Apparatus (3613), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Welding, Joining & Soldering Equipment (Arc, Resistance, Friction, Brazing) (IMAHADAH)
- akta.pro secondary industries
- Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers) (IMAHAHAH), Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG), Industrial Control Panels & Enclosures (Panel Building, MCCs, Integration) (IMAGABAJ)
Keywords
Where NEO TECH is headquartered
LocationHeadquarters
- HQ city
- Rajkot
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
NEO TECH business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- CNC Machine Sales: Sale of CNC turning machines, VMC machines, and special purpose machines. Products range from compact models (160mm turning diameter) to heavy-duty machines (up to 1000mm turning diameter). Machines are offered in standard configurations and custom specifications.
- Field Service and Technical Support: On-site installation, inspection, maintenance, and repair services for CNC machines. Includes technical services during field visits, troubleshooting, and diagnostic services.
- Automation Panel Manufacturing: Manufacturing of electrical and automation control panels for industrial applications, previously a core business focus before expanding into CNC machine manufacturing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Standard CNC Machine Models |
| One time/ perpetual license | Pay-as-you-go | VMC Machine Models |
| One time/ perpetual license | Pay-as-you-go | Special Purpose Machines (SPM) |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
NEO TECH product offering
Product offeringCore offering
NEO TECH manufactures and sells CNC turning machines, vertical machining centers (VMC), and special purpose machines (SPM) for industrial customers in India. The company also produces electrical and automation control panels, FRC cables, and CNC-specific relay modules. Products are offered in standard configurations and as custom-engineered SPMs for applications such as submersible body turning, polygon turning, facing and centering, and surgical screw threading.
Product overview
NEO TECH is a CNC machine manufacturer based in Rajkot, Gujarat, India, offering a comprehensive portfolio of computer-controlled manufacturing equipment. The product lineup consists of three main categories: CNC Machines (including Flat Bed CNC Turning Machines in STD, XL, and OD series; Linear CNC Turning Machines; Slant Bed CNC Turning Machines; and Big Bore CNC Turning Machines), VMC Machines (Vertical Machining Centers available in multiple series with varying travel and spindle specifications), and SPM Machines (Special Purpose Machines for specialized applications including Submersible Body/Stator Turning, Polygon Combo Turning, Facing Centering, Turn-Mill Centers, and Surgical Screw Threading). Additionally, the company manufactures electrical and automation products including control panels, FRC cables, and CNC-specific relay modules. The machines utilize control systems from Mitsubishi, Fanuc, Siemens, and Delta, with spindle configurations including BT-40 and various A-series nose types.
Differentiator
Problem solved
Functional benefit
Products and services
- Flat Bed CNC Turning Machine STD Series Standard flat bed CNC turning machine series designed for uncompromised rigidity and higher depth of cut at budget-friendly pricing for industrial manufacturers. Models range from NTF 1630 to NTF 3075 with turning diameters from 165mm to 380mm.
- Flat Bed CNC Turning Machine XL Series
- Flat Bed CNC Turning Machine OD Series
- Linear CNC Turning Machine
- Slant Bed CNC Turning Machine
- Submersible Body Turning CNC Machine (NTC-SB1670)
- Submersible Stator Turning CNC Machine
- Polygon Combo Turning Machine
- Facing Centering CNC Machine
- Turn-Mill Center
- Surgical Screw Threading & Turning Machine
- Big Bore CNC Turning Machine
- 3-Axis VMC Drill
- VMC Machine (NTV Series)
- VMC Machine (NTV-600 to NTV-1100)
- Electrical and Automation Panel
- FRC Cable and CNC Specific Relay Module
Quantifiable outcome
- Positioning accuracy up to 0.02mm on Facing Centering machines
- +4 more outcomes
Companies that use NEO TECH
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
NEO TECH technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
NEO TECH partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Sick India Pvt. Ltd.regionalNEO TECH collaborates with Sick India Pvt. Ltd. for the distribution of all products in the Saurashtra region. This regional distribution partnership enables NEO TECH to leverage Sick India's established industrial distribution network and customer relationships in western Gujarat.
Scale indicators4 records
Recent moves9 records
Expansion highlights5 records
NEO TECH competitors and assessment
Company assessmentBroad incumbents
- Haas Automation: Global CNC machine tool leader offering CNC lathes, machining centers, and automation cells. Competes with NEO TECH in VMC and turning categories globally and in India through its dealer network.
- HMT Machine Tools: Public-sector Indian machine tool manufacturer with a broad CNC and conventional machine portfolio. Competes in CNC turning and machining centers but with a much wider product breadth and older institutional positioning.
- DMG Mori: Global premium CNC machine tool manufacturer offering turning centers, machining centers, and additive manufacturing. Overlaps with NEO TECH's CNC turning and VMC categories at the higher-precision end.
Direct peers
- BFW (Bharat Fritz Werner): One of India's oldest and largest CNC machine tool manufacturers offering turning, machining centers, and special-purpose machines. Directly comparable product range with much larger scale and pan-India presence.
- Jyoti CNC Automation: One of India's largest indigenous CNC turning and machining center manufacturers. Directly competes with NEO TECH in CNC turning and VMC categories serving automotive and general engineering customers across India.
- Ace Manufacturing Systems: Indian manufacturer of CNC turning machines, VMCs, and machining centers targeting automotive and industrial customers. Overlaps with NEO TECH's product portfolio across CNC turning and VMC.
- Electronica Hitech Machine Tools: Indian CNC machine tool manufacturer producing CNC turning, VMC, and special-purpose machines. Comparable mid-market positioning with overlapping product categories and customer base.
- Macpower CNC Machines: Gujarat-based Indian CNC machine manufacturer (Rajkot/Surendranagar region) producing CNC lathes, VMCs, and special-purpose machines. Strong geographic and product overlap with NEO TECH.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
NEO TECH social profiles
Digital presenceNEO TECH compliance and trust
Trust signalCompliance1 record
NEO TECH financial estimates
Financial estimateRevenue estimate
Valuation estimate
NEO TECH leadership team
Management profileNumber of profiles
NEO TECH funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NEO TECH M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NEO TECH
What does NEO TECH do?
NEO TECH manufactures and sells CNC turning machines, vertical machining centers (VMC), and special purpose machines (SPM) for industrial customers in India. The company also produces electrical and automation control panels, FRC cables, and CNC-specific relay modules. Products are offered in standard configurations and as custom-engineered SPMs for applications such as submersible body turning, polygon turning, facing and centering, and surgical screw threading.
Is NEO TECH a public or private company?
NEO TECH is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was NEO TECH founded?
NEO TECH was founded in 2013. It employs 11 to 50 people.
Where is NEO TECH based?
NEO TECH is headquartered in Rajkot, India, in the Asia region.
How does NEO TECH make money?
Three revenue lines are on record. CNC Machine Sales are the primary driver. The others are field Service and Technical Support and automation Panel Manufacturing.
Who are NEO TECH's main competitors?
Broad incumbents on record are Haas Automation, HMT Machine Tools and DMG Mori. Direct peers are BFW (Bharat Fritz Werner), Jyoti CNC Automation, Ace Manufacturing Systems, Electronica Hitech Machine Tools and Macpower CNC Machines.
Does NEO TECH have an API?
No public API is recorded for NEO TECH.
What industry is NEO TECH in?
NEO TECH's product category is Industrial CNC Machinery. Its primary akta.pro industry code is IMAHADAH, Welding, Joining & Soldering Equipment (Arc, Resistance, Friction, Brazing), with a secondary code of IMAHAHAH, Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers). Its NAICS code is 3353 and its SIC code is 3620.