Igarashi Motors India Limited Overview
Pro stress-test →Igarashi Motors India Limited is engaged in the production and export of Permanent Magnet DC Motors for Powertrain and seat applications and motor accessories for the automotive sector. The company, established in 1996, is a global leader in actuator motors.
Strategic Profile
Pro stress-test →The company holds a strong 43% market share in the domestic Passenger Car market following the adoption of BS-VI standards in India. In the non-automotive space, its growth is driven by adopting Brushless DC Motors and Driver Electronics, promoting energy-efficient consumer appliances.
Competitive Landscape
Pro stress-test →Igarashi operates in the automotive micro-motor and actuator segment competing against other Tier-1 suppliers. The company's competitive advantage lies in its manufacturing expertise, established OEM relationships, and technology in permanent magnet DC motors for critical automotive applications. Key competitors include other automotive component manufacturers serving similar actuator and motor applications.
Industry Context
Igarashi Motors India Limited operates in Automotive Components - Micro Motors & Actuators.
Key facts
Founded: 1992 · Headquarters: Chennai, India · Employees: 675 · Revenue: ₹219.14 Cr (Q2 FY26) · Market cap: ₹1,606 Cr