Mahindra Powerol named India’s top genset manufacturer in FY25 by Frost & Sullivan

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Mahindra Powerol secured the top position by volume in the Indian genset market with a 23.8% share.
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Mahindra & Mahindra Ltd Fortune 500 India 2024
Mahindra Powerol named India’s top genset manufacturer in FY25 by Frost & Sullivan
The Indian diesel genset industry recorded cumulative sales of 1,51,634 units in FY25. Credits: Getty Images
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Mahindra’s Powerol Division, a part of Mahindra & Mahindra (M&M), has been recognised as India’s leading diesel genset manufacturer in FY25. As per the latest DG Tracker report by Frost & Sullivan, Mahindra Powerol secured the No. 1 position by volume in the Indian genset market with a 23.8% share, overtaking the long-standing market leader.

The Indian diesel genset industry recorded cumulative sales of 1,51,634 units in FY25. Mahindra Powerol’s contribution, backed by consistent performance across all four quarters, marked a key milestone in the company’s growth trajectory.

Sales of its Central Pollution Control Board IV+ (CPCB4+) compliant gensets, designed to meet the latest emission norms, supported this growth, along with continued strength in the Telecom sector—where Mahindra Powerol has held over 55% market share for the last 15 years. The company also expanded its presence in the competitive Retail segment, adding further momentum to its performance.

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"Being recognised as the number one player in India’s genset market reflects our continued focus on innovation, reliability, and meeting customer needs. Our leadership in the Telecom sector, expansion in Retail, and readiness for CPCB4+ norms have all played an important role in this journey,” said Sanjay Jain, senior vice president and business head, Mahindra Powerol.

"We thank our partners, customers, and teams across India for their continued trust and support. We remain committed to delivering efficient and future-ready power solutions that support India’s progress," Jain added.

Mahindra’s Powerol Division is a part of the Mahindra Group's Automotive & Farm Equipment Sectors. The company entered the field of Power Generation in 2001-02. The business has grown exponentially and crossed ₹2,280 crores mark in just over 23 years. Engines from Mahindra Powerol power Diesel Generator sets from 5 kVA to 650 kVA.

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