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GIC - About the company

GIC is an unfunded company based in Pune (India), founded in 1972. It operates as a Manufacturer of electronic control and timing devices. GIC has not raised any funding yet. The company has 1241 active competitors, including 11 funded and 90 that have exited. Its top competitors include companies like Flex, Elma and Yaskawa Europe.

Company Details

Manufacturer of process control, automation, and instrumentation products. It offers a wide array of solutions for various industries, including lighting automation systems, process control components (timers, PLCs, converters), low-voltage protection and switchgear, and instrumentation devices (hour meters, counters). The company also produces injection-molded plastic components. Its products are designed for efficiency, reliability, and ease of use, catering to diverse applications and market needs. The manufacturing processes incorporate advanced technologies and quality control measures.
Social
Facebook
Email ID
*****@gicindia.com
Phone Number
+91 **********
Registered Address
T-107,MIDC BHOSARI PUNE 411026, MAHARASHTRA (INDIA), PUNE, Maharashtra, India, 411026
Key Metrics
Founded Year
1972
Location
Pune, India
Stage
Unfunded
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
547 as on Sep 30, 2026
Investment & Acquisitions
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GIC's funding and investors

GIC has not raised any funding rounds yet.

GIC's founders and board of directors

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GIC's employee count trend

GIC has 547 employees as of Sep 26. Here is GIC's employee count trend over the years:
Employee count trend for GIC
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GIC's Competitors and alternates

Top competitors of GIC include Flex, Elma and Yaskawa Europe. Here is the list of Top 10 competitors of GIC, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Flex
Flex
1969, San Jose (United States), Public
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
-
66/100
2nd
Logo for Elma
Elma
1960, Fremont (United States), Public
Manufacturer of embedded computing systems, enclosures, components, and precision hardware
-
-
52/100
3rd
Logo for Yaskawa Europe
Yaskawa Europe
1915, Eschborn (Germany), Unfunded
Manufacturer of industrial robots, servo drives, motion controllers, and robotic systems
-
-
52/100
4th
Logo for Advanced Electric Machines
Advanced Electric Machines
2017, Washington (United Kingdom), Series A
Manufacturer of electric traction motors catering to transport sector
$58.7M
51/100
5th
Logo for WAGO
WAGO
1951, Minden (Germany), Unfunded
Provider of automation, electrical interconnection, and interface electronic products
-
-
50/100
6th
Logo for DEIF
DEIF
1933, Skive (Denmark), Unfunded
Manufacturer of intelligent energy control systems
-
-
49/100
7th
Manufacturer of switching devices, intelligent sensors, wireless networks, and networked systems
-
-
49/100
8th
Logo for Cattron Group International
Cattron Group International
1946, Sharpsville (United States), Acquired
Provider of wireless control solutions
-
46/100
9th
Logo for GIC
GIC
1972, Pune (India), Unfunded
Manufacturer of electronic control and timing devices
-
-
35/100
10th
Logo for Multispan Control Instruments
Multispan Control Instruments
1986, Ahmedabad (India), Unfunded
Provider of panel-mounted temperature controllers for injection molding, extrusion units, and other plastic processing machinery manufacturers
-
-
44/100
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GIC's Investments and acquisitions

GIC has acquired 3 companies including McAfee, McAfee and McAfee. GIC has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 08, 2021
Acquisition
1987
San Jose (United States)
Aug 19, 2010
Acquisition
1987
San Jose (United States)
Apr 11, 2002
Acquisition
1987
San Jose (United States)
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Reports related to GIC

Here is the latest report on GIC's sector:

News related to GIC

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Blackstone Buys GIC’s $1.5 Billion Stake in Logistics VentureBloombergQuint•Dec 10, 2021•Blackstone, GIC, GIC, Dexus and 2 others
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FAQs about GIC

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