Industrial maintenance and repair services are becoming a valuable industry, gaining traction from investors who want a consistent, reliable income stream. These services are critical to businesses that supply complex equipment and machinery for customers, providing continuous use of equipment, safety compliance, and the longest possible life of equipment. Companies providing those services utilize technologies such as IoT monitoring, predictive analytics, and automated diagnostics, and then they achieve the ability to see problems and take pre-emptive action before failures, downtime and risk can be realized at a cost. The global market for industrial maintenance and repair services was valued at around $49 billion in 2021 and is expected to reach about $85.8 billion by 2031, growing at a CAGR of 5.6 percent from 2022 to 2031.
Sanjeev Sharma, CEO & Managing Director
ABB India
Provides multiple maintenance approaches to meet specific customer needs, including preventive, predictive, monitoring, and corrective maintenance
J C Hemanth Kumaresan Reddy, CEO
Delcot Engineering
The company offers annual maintenance contracts (AMC), including preventive, predictive, and corrective maintenance, to ensure high uptime and reliability
Lal Karsanbhai, President & CEO
Emerson Electric
Provides a global network of skilled technicians offering expertise and hands-on service to diagnose, repair, refurbish, calibrate, and upgrade a wide range of industrial equipment and devices
Sudarsan Venkatachari, Managing Director
Filtermax System
Specializing in industrial water and wastewater treatment, services, and related product supply, the company offers industrial maintenance and repair for various types of water and process plants
Devaraj A, Director – GRE
Honeywell International
Offering services that leverage advanced software, data analytics, and field expertise to ensure optimal performance, safety, and reliability of complex industrial and commercial assets
Pushpak Ray, Founder & Managing Director
ICPS Engineering
Specializing in repair solutions for heavy earth-moving equipment, the firm offers comprehensive services, complete traceability, and reliable performance of equipment after repairs
S N Subrahmanyan, CMD
Larsen & Toubro
Offers comprehensive industrial maintenance and repair (M&R) services focused on maximizing equipment uptime and extending asset life across various heavy industries
Gautam N. Doshi (Left), Niranjan A. Doshi & Pranav N. Doshi, Directors
Niranjan Engineering Works
The company collaborates with OEMs to redesign components for improved durability, reduced noise, and compactness, offering upgraded solutions for legacy systems
Gajendra Kabat, Co-Founder
SGK India
Providing services include skilled manpower outsourcing for maintenance, plant audits, automation solutions, machine reconditioning, and end-to-end plant maintenance across various industries
Vinayak Pai, CEO & Managing Director
Tata Projects
Provides lifecycle support from project conceptualization to ongoing operations and maintenance for various industrial and infrastructure projects
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