Magnatech Engineering, Inc
MagnaTech Engineering is a Mysuru, India-based custom magnetics manufacturer founded in 1996, producing MIL-grade transformers, inductors, chokes, and cable assemblies for aerospace, defense, medical, renewable energy, and industrial customers across the EU, USA, UK, and Middle East.
- Company typePrivate
- Founded1996
- HeadquartersMysuru, India
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Magnatech Engineering, Inc does
Magnatech Engineering, Inc is a Mysuru, India-based private manufacturer of custom magnetic components and electromechanical solutions, founded in 1996 by Ramesh Shastry. The company designs and produces high-reliability transformers, inductors, common mode chokes, planar transformers, solenoid coils, line chokes and reactors, cable assemblies, split-core current transformers, LAN transformers, and power/solid-state relays—sixteen distinct product categories. Its offerings are engineered to MIL-grade standards (MIL-PRF-27, MIL-STD-810, MIL-STD-1275, IEC 61558) and ISO 9001:2015 quality requirements for mission-critical applications in aerospace, defense, medical electronics, renewable energy, telecommunications, railway, and industrial automation. The Center of Excellence for design and development, in-house testing facility, and automated winding systems support the custom-engineering mandate.
The company's business model combines custom hardware manufacturing (transformers, inductors, chokes, cable assemblies, relays) with engineering design and development services. Pricing is quote-based on customer specifications and order volume, with no publicly disclosed price tiers. MagnaTech sells directly to enterprise customers via a field sales motion, supplemented by participation in international trade fairs including Hannover Messe, Electronica India, DEFEXPO, INNOPROM, and MCE Mostra Italy. The company has exported to the EU, USA, UK, and Middle East since 2006 and operates from a single headquarters and manufacturing facility in the Hootagalli Industrial Area of Mysuru, Karnataka.
MagnaTech is a founder-owned, bootstrapped private limited company with no disclosed external investors or funding rounds. Ramesh Shastry continues to serve as CEO with 30+ years of magnetics design experience, while Lakshmi Shastry serves as COO/Board Member and led the introduction of ISO standards (2007) and LEAN/Six Sigma practices (2008). The firm has earned repeated recognition including the 50th ELCINA Award for Excellence in Electronics (2025), FKCCI Export Excellence Awards (2025, 2022, 2021), National Excellence Award for Defense Innovation (ELCINA, 2018), and Sir M. Visvesvaraya Manufacturing Excellence Award (2017). Headcount is reported at 11-50.
Magnatech Engineering, Inc firmographics
Firmographics- Name
- Magnatech Engineering, Inc
- Legal name
- MagnaTech
- Website
- https://magnatech-india.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MagnaTech Engineering is a Mysuru, India-based custom magnetics manufacturer founded in 1996, producing MIL-grade transformers, inductors, chokes, and cable assemblies for aerospace, defense, medical, renewable energy, and industrial customers across the EU, USA, UK, and Middle East.
- Ownership category
- akta.pro rank
Magnatech Engineering, Inc industry classification
Industry- Product category
- Magnetic Components Manufacturing
- NAICS
- Power, Distribution, and Specialty Transformer Manufacturing (335311), Electrical Equipment Manufacturing (33531), Relay and Industrial Control Manufacturing (335314), Other Electrical Equipment and Component Manufacturing (3359)
- SIC
- Electronic Coils, Transformers & Other Inductors (3677), Power, Distribution & Specialty Transformers (3612), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Passive Components (Resistors, Capacitors, Inductors, Ferrites) (IMAGAJAA)
- akta.pro secondary industries
- Transformers & Magnetics (Power/Signal) (HDAHANAD), Inductors & Coils (Power/RF/Chokes) (HDAHANAC), Transmission & Distribution Line Equipment (Bushings, Insulators, Arresters, Conductors, Hardware) (IMAGAAAF)
Keywords
Where Magnatech Engineering, Inc is headquartered
LocationHeadquarters
- HQ city
- Mysuru
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Magnatech Engineering, Inc business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Magnetic Components Manufacturing: Design and manufacture of custom magnetic components including transformers, inductors, common mode chokes, and solenoids for aerospace, defense, medical, and industrial applications. Products sold as manufactured components with customization capabilities.
- Engineering Design Services: Engineering design, development and innovation services for high-reliability custom magnetics, transformers, inductors, electromechanical products, and cable assemblies.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Magnatech Engineering, Inc product offering
Product offeringCore offering
Magnatech Engineering, Inc designs and manufactures custom high-reliability magnetic components and electromechanical solutions including transformers, inductors, common mode chokes, planar transformers, solenoid coils, cable assemblies, and relays for aerospace, defense, medical, telecommunications, and industrial applications. The company also provides engineering design, development, and innovation services for custom magnetics through its Center of Excellence, supported by MIL-grade and ISO 9001:2015 certified manufacturing.
Product overview
Magnatech Engineering, Inc is a precision magnetics manufacturer offering a comprehensive portfolio of 16 distinct product categories. The core offerings span switching transformers, SMD transformers, SMD inductors, common mode chokes, power inverter transformers, planar transformers, metering current transformers, transformers for aerospace and defense/military applications, solenoid coils and assemblies, line chokes and reactors, cable assemblies, split core CTs, LAN transformers, power relays, and solid state relays. The company also provides engineering design and development services for custom magnetics solutions. All products serve critical sectors including aerospace, defense, medical, telecom, industrial automation, renewable energy, and railway systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Switching Transformers
Companies that use Magnatech Engineering, Inc
Customer profileSegments4 records
Ideal customer profiles4 records
Magnatech Engineering, Inc technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Magnatech Engineering, Inc partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
Magnatech Engineering, Inc competitors and assessment
Company assessmentBroad incumbents
- Würth Elektronik: Major European electronic component manufacturer with extensive magnetics portfolio including transformers, inductors, common mode chokes, and power magnetics — comparable product breadth though at much larger scale and broader catalog orientation.
- Pulse Electronics: Global magnetics and connectivity component supplier serving communications, computing, automotive, and industrial markets — comparable on LAN transformers, common mode chokes, and custom magnetics, though at significantly greater scale.
- Sumida Corporation: Japanese manufacturer of custom and standard magnetics including transformers, inductors, and power conversion components for automotive, industrial, and consumer electronics — comparable product portfolio and custom magnetics capability at global incumbent scale.
- Bourns, Inc. Established manufacturer of electronic components including magnetics, circuit protection, and resistive products — comparable on transformers, inductors, and chokes serving industrial, aerospace, and automotive end markets.
- Coilcraft: Major global magnetics manufacturer offering RF, power, and signal inductors and transformers across catalog and custom lines — comparable on core product types (SMD inductors, chokes, transformers) though far larger and serving broader commercial volumes.
Emerging players
- Schaffner Group: Manufacturer of EMC solutions including line filters, chokes, and reactors for industrial, railway, and renewable energy applications — comparable on line chokes, reactors, and harmonic filtering magnetics serving similar high-reliability verticals.
Direct peers
- Prem Magnetics: India-based custom magnetics manufacturer producing transformers, inductors, chokes, and coils for industrial, telecom, and power-electronics applications — directly comparable on product portfolio, custom design service model, and Indian manufacturing footprint.
- Triad Magnetics: US-based custom magnetics manufacturer specializing in transformers, inductors, and power conversion magnetics for aerospace, defense, medical, and industrial markets — directly comparable on MIL-grade product line, custom design capability, and high-reliability end-market focus.
- Standex-Meder Electronics: Manufacturer of custom magnetics, reed switches, relays, and planar transformers serving aerospace, defense, medical, and industrial markets — directly comparable on MIL-grade magnetics, planar transformer technology, and custom engineering service model.
Regional players
- Cosmo Ferrites Limited: India-based manufacturer of soft ferrites, ferrite cores, and inductive components for electronics and power applications — regional peer with overlapping magnetic component manufacturing footprint and Indian market presence.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Magnatech Engineering, Inc social profiles
Digital presenceMagnatech Engineering, Inc compliance and trust
Trust signalCompliance5 records
Magnatech Engineering, Inc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magnatech Engineering, Inc leadership team
Management profileNumber of profiles
Profiles4 records
Magnatech Engineering, Inc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magnatech Engineering, Inc 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 Magnatech Engineering, Inc
What does Magnatech Engineering, Inc do?
Magnatech Engineering, Inc designs and manufactures custom high-reliability magnetic components and electromechanical solutions including transformers, inductors, common mode chokes, planar transformers, solenoid coils, cable assemblies, and relays for aerospace, defense, medical, telecommunications, and industrial applications. The company also provides engineering design, development, and innovation services for custom magnetics through its Center of Excellence, supported by MIL-grade and ISO 9001:2015 certified manufacturing.
Is Magnatech Engineering, Inc a public or private company?
Magnatech Engineering, Inc is a private company. It is classified as family owned and is currently operating.
When was Magnatech Engineering, Inc founded?
Magnatech Engineering, Inc was founded in 1996. It employs 11 to 50 people.
Where is Magnatech Engineering, Inc based?
Magnatech Engineering, Inc is headquartered in Mysuru, India, in the Asia region.
How does Magnatech Engineering, Inc make money?
Two revenue lines are on record. Magnetic Components Manufacturing is the primary driver. The others are engineering Design Services.
Who are Magnatech Engineering, Inc's main competitors?
Broad incumbents on record are Würth Elektronik, Pulse Electronics, Sumida Corporation, Bourns, Inc. and Coilcraft. Schaffner Group is listed as an emerging player. Direct peers are Prem Magnetics, Triad Magnetics and Standex-Meder Electronics. Cosmo Ferrites Limited is listed as a regional player.
Does Magnatech Engineering, Inc have an API?
No public API is recorded for Magnatech Engineering, Inc.
What industry is Magnatech Engineering, Inc in?
Magnatech Engineering, Inc's product category is Magnetic Components Manufacturing. Its primary akta.pro industry code is IMAGAJAA, Passive Components (Resistors, Capacitors, Inductors, Ferrites), with a secondary code of HDAHANAD, Transformers & Magnetics (Power/Signal). Its NAICS code is 335311 and its SIC code is 3677.