Laxmi Group
Laxmi Group is a privately held Indian auto component manufacturer founded in 1979, headquartered in Aurangabad, with 1,001–5,000 employees, designing and producing automobile components for automotive OEM customers.
- Company typePrivate
- Founded1979
- HeadquartersChhatrapati Sambhaji Nagar, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Laxmi Group does
Laxmi Group is an Indian automobile component manufacturer headquartered in Aurangabad, India. Founded in 1979, the company designs, develops, and manufactures automotive components, operating as a privately held, for-profit entity. Its stated headcount of 1,001–5,000 employees places it in the mid-sized bracket of Indian auto component suppliers, a segment that typically serves domestic and export OEM and Tier-1 customers across passenger vehicle, commercial vehicle, and two-wheeler programs.
The business model is consistent with a contract manufacturing / OEM supply model: revenue is generated by designing and producing automobile components sold into automotive value chains, with economics driven by tooling investment, process qualifications, and long-cycle supply agreements. The company operates from Aurangabad, a well-established automotive manufacturing hub in Maharashtra that provides proximity to several Indian OEM plants. A 45-year operating history (1979 founding) suggests an established supplier base, but the available first-party web content (laxmigroup.net.in) returned only a security verification/loading page at the time of sourcing, so specific product lines, customer programs, certifications (IATF 16949, ISO/TS, etc.), technology stack, and revenue mechanics could not be confirmed from primary material.
Strategic intelligence is materially constrained by source gaps: management team, funding history, M&A activity, partnership network, product portfolio detail, geographic footprint beyond the Aurangabad base, and pricing/contract structure are all unrepresented in the supplied dataset. Any investment, partnership, or M&A analysis on Laxmi Group should treat the firmographic facts (founding year, location, headcount band, sector) as confirmed and treat all other dimensions as requiring further primary diligence.
Laxmi Group firmographics
Firmographics- Name
- Laxmi Group
- Website
- https://laxmigroup.net.in
- Company type
- Private
- Founded year
- 1979
- Headcount range
- 1,001–5,000 employees
- Short description
- Laxmi Group is a privately held Indian auto component manufacturer founded in 1979, headquartered in Aurangabad, with 1,001–5,000 employees, designing and producing automobile components for automotive OEM customers.
- Ownership category
- akta.pro rank
Laxmi Group industry classification
Industry- Product category
- Automotive Components Manufacturing
- NAICS
- Transportation Equipment Manufacturing (336)
- SIC
- Miscellaneous Manufacturing Industries (3990)
- akta.pro primary industry
- Automotive Interior Trim & Cockpit Components Manufacturing (Dash/Console/Door Panels/Headliners) (IMACAKAB)
- akta.pro secondary industries
- Automotive Interior Comfort & Convenience Components Manufacturing (Armrests/Cupholders/Storage/Interior Hardware) (IMACAKAJ), Body Panels, Doors, Hoods & Closures Manufacturing (IMACAGAH)
Keywords
Where Laxmi Group is headquartered
LocationHeadquarters
- HQ city
- Chhatrapati Sambhaji Nagar
- HQ country
- India
- HQ region
- Asia
Markets served
Laxmi Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure
Laxmi Group product offering
Product offeringCore offering
Laxmi Group designs, develops, and manufactures automobile components. Headquartered in Aurangabad, India, the company operates as a mid-to-large scale component maker serving the automotive sector with design and production capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Automobile Components Designed, developed, and manufactured automobile components supplied to the automotive industry. The company offers component design and production as its core deliverable for vehicle manufacturers and related customers.
Companies that use Laxmi Group
Customer profileIdeal customer profiles1 record
Laxmi Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Laxmi Group partnerships and signals
Strategic signalRecent moves1 record
Laxmi Group competitors and assessment
Company assessmentDirect peers
- Endurance Technologies: Indian-listed manufacturer of automotive components including suspension, braking, and transmission parts. Closely comparable in terms of product breadth, OEM customer base, and Indian manufacturing footprint.
- Varroc Engineering: Indian auto component manufacturer with product lines across lighting, electrical, plastic, and exterior systems. Comparable as a domestic Tier-1 supplier with diversified automotive component offerings.
- Uno Minda: Leading Indian auto component manufacturer focused on switches, lighting, acoustics, and interior systems. Direct peer given the similar mid-tier Indian supplier profile and overlapping product categories.
- Bharat Forge: One of India's largest auto component manufacturers (forgings, chassis, drivetrain parts), serving global OEMs with similar design-and-manufacture vertical integration. Highly relevant comparable on scale, customer base, and product overlap.
- Mahindra CIE Automotive: Indian-listed automotive component manufacturer (forgings, castings, machining) with multinational parent. Comparable in terms of scale, product range, and OEM supply to Indian and global automakers.
- Samvardhana Motherson International: India-headquartered Tier-1 automotive component supplier with strong presence in interior modules, polymer parts, and cockpit systems — directly comparable to a domestic auto component manufacturer serving OEMs.
- Suprajit Engineering: Indian auto and non-auto component manufacturer with strong presence in cables, speed sensors, and other components. Comparable as a long-established private-to-listed Indian component supplier.
- Sundaram Fasteners: Indian auto fastener and precision component manufacturer with strong OEM relationships. Comparable on manufacturing profile, India footprint, and long-established OEM customer base.
- Lumax Industries: Indian auto component manufacturer specialising in lighting and related electrical systems. Comparable as a domestic Tier-1 component supplier serving major Indian OEMs.
Broad incumbents
- Bosch India: Subsidiary of global automotive supplier Robert Bosch, with a broad India-based product portfolio across auto components. Comparable as a major India-headquartered auto component manufacturer with a more diversified product range.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
Laxmi Group social profiles
Digital presenceLaxmi Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Laxmi Group leadership team
Management profileNumber of profiles
Laxmi Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Laxmi Group 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 Laxmi Group
What does Laxmi Group do?
Laxmi Group designs, develops, and manufactures automobile components. Headquartered in Aurangabad, India, the company operates as a mid-to-large scale component maker serving the automotive sector with design and production capabilities.
When was Laxmi Group founded?
Laxmi Group was founded in 1979. It employs 1,001 to 5,000 people.
Where is Laxmi Group based?
Laxmi Group is headquartered in Chhatrapati Sambhaji Nagar, India, in the Asia region.
Who are Laxmi Group's main competitors?
Direct peers on record are Endurance Technologies, Varroc Engineering, Uno Minda, Bharat Forge, Mahindra CIE Automotive, Samvardhana Motherson International, Suprajit Engineering, Sundaram Fasteners and Lumax Industries. Bosch India is listed as a broad incumbent.
Does Laxmi Group have an API?
No public API is recorded for Laxmi Group.
What industry is Laxmi Group in?
Laxmi Group's product category is Automotive Components Manufacturing. Its primary akta.pro industry code is IMACAKAB, Automotive Interior Trim & Cockpit Components Manufacturing (Dash/Console/Door Panels/Headliners), with a secondary code of IMACAKAJ, Automotive Interior Comfort & Convenience Components Manufacturing (Armrests/Cupholders/Storage/Interior Hardware). Its NAICS code is 336 and its SIC code is 3990.