IEI

What IEI does

Induction Equipment (India) Pvt. Ltd. (IEI) is a Pune-based, privately held manufacturer of induction heating and hardening equipment serving Indian and adjacent industrial markets. Founded in 1987 and operating from two Pune divisions — Equipment Manufacturing (Unit I) and Commercial Heat Treatment (Unit II) — IEI produces induction hardening machines, tempering machines, high-frequency power supplies, and customized induction coils (including 3D printed variants). Underlying technology is electromagnetic induction for localized surface heat treatment of metal components, with proprietary INDUCONTROL real-time process monitoring and CMS 4.0 converter management systems providing Industry 4.0 connectivity via PROFINET fieldbus.

The company's primary customers are enterprise OEMs and Tier suppliers across five verticals: automotive (crankshafts, camshafts, gears, axles, transmission components — primary segment), wind energy, aerospace, construction/mining/agriculture heavy equipment, and tube/pipe/wire industries. IEI is a wholly-owned subsidiary within the SAET SpA Italy / Ajax Tocco Magnethermic / Park Ohio Holdings (USA) corporate hierarchy, giving it access to over 60 years of group-level induction heating expertise and 4000+ worldwide installations.

IEI monetizes through four streams: (1) custom-quoted capital equipment sales with multi-year contract cadence, (2) toll-based commercial heat treatment services on a pay-as-you-go basis, (3) aftermarket managed services including spare parts, preventive maintenance, AMCs, upgrades, and training, and (4) pre-production lab testing and predesign services. Go-to-market is direct enterprise field sales with technical consultation, supported by a pan-India network of regional sales and service engineers, complemented by content marketing, SEO, LinkedIn, and trade exhibition participation (including IMTEX 2025). Pricing is quote-based with no public disclosure.

Name

IEI

Legal name

Induction Equipment (India) Pvt. Ltd.

Website

https://inductionindia.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Induction Equipment (India) Pvt. Ltd. (IEI) manufactures induction hardening machines, power supplies, and custom coils, and provides commercial heat treatment services to automotive, aerospace, wind energy, heavy equipment, and tube/pipe manufacturers from its Pune, India facilities.

Ownership category

akta.pro rank

Product category

Industrial Induction Heat Treatment Equipment

NAICS

Industrial Process Furnace and Oven Manufacturing (333994), Coating, Engraving, Heat Treating, and Allied Activities (3328)

SIC

Industrial Process Furnaces & Ovens (3567), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Heat Treatment & Thermal Processing Furnaces (Hardening, Annealing, Induction) (IMAHADAI)

akta.pro secondary industry

Power Electronics for Industrial Heating (Induction/dielectric heating power supplies) (IMAGADAK)

Keywords

• Induction hardening machines
• Industrial heat treatment
• Induction power supplies
• Surface hardening equipment
• Commercial heat treatment

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Induction Hardening Equipment Manufacturing: Manufacturing and sale of induction hardening machines, power supplies, and custom induction coils. Equipment includes multi-inductor machines, fully automatic cam induction hardening machines, and linear induction tempering systems.
2. Commercial Heat Treatment Services: Unit 2 (Commercial Heat Treatment Division) provides toll manufacturing and heat treatment services to customers who need processing without purchasing equipment.
3. Aftermarket Sales & Services: Spare parts supply, preventive maintenance, machine upgrades, technical support, and training services. Includes annual maintenance contracts (AMC).
4. Lab Testing & Pre-design Services: Pre-production testing and design validation services for customer components before full-scale manufacturing.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

IEI (Induction Equipment India Pvt. Ltd.) manufactures and supplies industrial induction hardening machines, tempering machines, frequency-converter power supplies, and custom induction coils (including 3D-printed variants) for surface heat treatment of metal components used in automotive, aerospace, wind energy, construction machinery, and tube/pipe/wire production. The company also runs a Commercial Heat Treatment (CHT) toll-services division and provides lab testing, pre-design validation, aftermarket spare parts, and annual maintenance contracts.

Product overview

IEI (Induction Equipment India Pvt Ltd) operates as a division of SAET SpA Italy, offering a comprehensive portfolio of induction heat treatment equipment and services. The core product line consists of Induction Hardening Machines and Tempering Machines for surface heat treatment of metal components. These machines are powered by Power Supplies and utilize Custom Induction Coils (including 3D printed variants). The portfolio includes two Industry 4.0 add-on modules: INDUCONTROL for real-time production monitoring and traceability, and CMS4.0 for converter connectivity and predictive maintenance. Supporting services include Lab Test & Predesign, Aftermarket Sales & Services Support, and Commercial Heat Treatment Services. The company serves automotive, aerospace, wind energy, construction machinery, and industrial manufacturing sectors.

Differentiator

Problem solved

Functional benefit

Brands

• INDUCONTROL: Real-time process monitoring and production monitoring system for induction heat treatment machines.
• CMS 4.0

Products and services

• Induction Hardening Machines

Quantifiable outcome

• Energy consumption reduced by 30-50% compared to traditional furnace methods
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature5 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• SAET Spa ItalyflagshipStrategic or Co-development PartnerSAET Spa Italy is the parent/group company providing IEI with complete know-how and access to the latest induction heating and hardening technology. SAET has over 60 years of expertise in induction heating with more than 4000 installations worldwide. IEI operates under the direction and coordination of SAET Spa Italy as an integral part of the global group.
• Ajax Tocco Magnethermic Corporation GroupflagshipStrategic or Co-development PartnerSAET Spa Italy is a group company of Ajax Tocco Magnethermic Corporation Group. This affiliation provides IEI with global corporate resources, international technology access, and cross-group collaboration in induction heating solutions.
• Park Ohio Holdings Corp. USAcoreStrategic or Co-development PartnerIEI (Induction Equipment India) is a company subject to the direction and coordination of Park Ohio Holdings Corp. USA. This parent company relationship provides corporate governance and strategic direction for the Indian subsidiary.
• SAET EMMEDI GroupflagshipStrategic or Co-development PartnerIEI is part of the SAET EMMEDI Group which offers standard and customized machines based on the flexibility of induction technology. The group has a dedicated R&D department providing customers with the most up-to-date and cutting-edge technology.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Fluxtrol: US-based supplier of magnetic flux concentrators and induction heating components, including customized induction coils. Sells complementary components to induction heating system builders like IEI and competes in adjacent niches.
• Bodycote: World's largest commercial heat treatment services provider with global network of plants. Competes with IEI's Unit II commercial heat treatment division in the toll processing market while IEI also supplies Bodycote's competitors with equipment.

Direct peers

• Seco/Warwick: Polish-American manufacturer of heat treatment furnaces and equipment for metals processing. Competes in industrial heat treatment equipment markets including atmosphere furnaces and induction-based solutions for similar end markets.
• Ajax Tocco Magnethermic: US-based sister company under the same Park Ohio Holdings umbrella. Designs and manufactures induction heating and heat treating systems for automotive, aerospace, and metals industries, providing near-identical technology offerings with greater geographic reach.
• SAET SpA: Italian parent company that founded IEI. Manufactures induction heating and hardening equipment with the same core technology stack as IEI, including power supplies, hardening machines, and Industry 4.0 monitoring systems, serving European and global markets.
• Inductotherm Group: Global leader in induction heating and melting equipment, serving foundries, forging, and heat treatment markets. Directly competes with IEI in induction hardening equipment for automotive and industrial applications, with substantially larger scale and global service footprint.
• Ipsen International: US-based manufacturer of industrial heat treatment furnaces (vacuum, atmosphere, induction) serving aerospace, automotive, and energy sectors. Directly competes in the same commercial heat treatment and equipment markets.
• Inductoheat: US-based subsidiary of Inductotherm Group specializing in induction heat treating equipment for automotive, aerospace, and energy applications. Direct technology and customer overlap with IEI across induction hardening systems.
• EFD Induction: Norway-based induction heating equipment manufacturer serving automotive, aerospace, energy, and wire/tube industries globally. Direct competitor across IEI's full product portfolio including hardening machines, power supplies, and tube/pipe heating systems.

Broad incumbents

• EMAG Group: German-based broad industrial machinery manufacturer offering heat treatment and induction hardening systems as part of a wider metalworking portfolio. Competes in industrial heat treatment but specializes less narrowly in induction than IEI.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/induction-equipment-india-pvt-ltd-
• Facebookfacebook.com/Induction-Equipment-India-Pvt-Ltd-100080293595248

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

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 IEI