APAR Industries: The Indian Company Powering 140 Countries
Most people have never heard of APAR Industries. Yet the electricity running through high-voltage transmission lines across India, the transformer outside your neighbourhood, the cables inside a solar farm in Rajasthan — APAR made a critical component somewhere in that chain.
Founded in 1958 in Vadodara by Shri Dharmsinh Dadubhai Desai with less than ₹1 lakh in starting capital, APAR began manufacturing basic power transmission conductors for a newly independent India. Today it is a Fortune 500 India company with revenues of approximately USD 2.2 billion, exporting to 140+ countries across three globally significant business segments.
Three Businesses. Three Global Leadership Positions.
1. Conductors – A Global Market Leader
APAR is the world’s largest manufacturer of aluminium and alloy conductors, supplying power utilities, railways, renewable energy projects, telecom operators, and defence organizations. Its portfolio includes advanced HTLS, ACCC®, OPGW, and CTC conductors designed for efficient power transmission and modern grid infrastructure.
2. Transformer & Speciality Oils- Among the World's Largest Producers
Through its flagship POWEROIL brand, APAR has become India’s largest transformer oil manufacturer and one of the top global producers. The company also manufactures white oils, petroleum jelly, process oils, and automotive lubricants for industrial, pharmaceutical, cosmetic, and automotive applications.
3. Power & Telecom Cables
APAR is one of India’s leading manufacturers of speciality and renewable energy cables. Its product range includes solar cables, EV charging cables, railway cables, defence cables, submarine cables, and fibre-optic cables, supported by advanced e-beam technology for enhanced durability and performance.
Manufacturing and R&D
APAR operates 10 manufacturing facilities across India and a strategic plant in Sharjah, UAE for Middle East and African market supply. A world-class R&D centre at Rabale, Mumbai drives continuous product innovation and international certifications — including AdBlue certification from VDA Germany received in 2024.
The Numbers
| Parameter | Details |
|---|---|
| Founded | 1958, Vadodara, Gujarat |
| Revenue | ~USD 2.2 Billion (FY25) |
| Global Reach | Presence in 140+ Countries |
| Manufacturing Facilities | 11 Plants (India & UAE) |
| Conductor Ranking | World’s Largest Aluminium Conductor Manufacturer |
| Transformer Oil Ranking | 4th Largest Transformer Oil Manufacturer Globally |
| Cable Business | India’s Largest Renewable Cable Exporter |
| Stock Exchange Listing | BSE: 532259 / NSE: APARINDS |
Why It Matters Right Now
India has committed to 500 GW of renewable energy by 2030 and full railway electrification within this decade. Both require HTLS conductors, solar cables, traction cables, and transformer oils- exactly what APAR makes, at a scale and technical depth that few competitors in India can match.
Q4 FY2026 revenues came in at ₹6,603 crore- up 26.7% year-on-year- reflecting how directly APAR benefits from India’s infrastructure buildout. Export revenues continue to grow in parallel, particularly in the US market which grew 28.8% in the same period.
Final Thoughts
APAR Industries is a remarkable example of long-term industrial growth. Founded in 1958 with a modest beginning, the company has evolved into a global leader in conductors, transformer oils, and speciality cables. Rather than focusing on consumer branding, APAR has built its reputation through engineering expertise, manufacturing excellence, and consistent innovation.
Today, its products help power transmission networks, renewable energy projects, telecom infrastructure, railways, and industrial operations across more than 140 countries. As India continues to invest in energy, electrification, and digital infrastructure, APAR Industries remains one of the country’s most important yet often overlooked manufacturing success stories.
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Official Website:
• https://apar.com/
FAQs
What is APAR Industries?
APAR Industries is an Indian multinational company founded in 1958, specialising in aluminium conductors, transformer and speciality oils, and power & telecom cables. It is a Fortune 500 India company with revenues of USD 2.2 billion and exports to over 140 countries.
When was APAR Industries founded?
APAR Industries was founded in 1958 in Vadodara by Shri Dharmsinh Dadubhai Desai with a starting capital of less than ₹1 lakh. It began as a power transmission conductor manufacturer and has since grown into a billion-dollar global industrial company.
What products does APAR Industries manufacture
APAR Industries manufactures three core product categories — aluminium and alloy conductors including HTLS and ACCC types, transformer and speciality oils under the POWEROIL brand, and power & telecom cables including solar, EV charging, railway, defence, and fibre optic cables.
Is APAR Industries the world's largest conductor manufacturer?
Yes. APAR Industries is the world’s largest manufacturer of aluminium and alloy conductors and India’s largest exporter of conductors. It also holds the position of 4th largest transformer oil manufacturer globally and India’s largest renewable cable exporter.
Where are APAR Industries manufacturing plants located?
APAR Industries operates 10 manufacturing facilities across India and one strategic plant in Sharjah, UAE. Its world-class R&D centre is located in Rabale, Mumbai, supporting continuous product innovation and international certifications.
