When was Propel Industries founded?

Propel Industries was founded in 2009.

Where is Propel Industries located?

Propel Industries is headquartered in Coimbatore, India. It is registered at 663RAVATHUR MAIN ROAD RAVATHUR POST, COIMBATORE, Tamil Nadu, India, 641103.

Which legal entities is Propel Industries associated with?

Propel Industries is associated with ORIENTAL PLANTS AND EQUIPMENTS PRIVATE LIMITED and 1 other.

How many employees does Propel Industries have?

As of Aug 31, 2025, Propel Industries has 2098 employees, reflecting a 44% year-over-year growth in headcount.

What is the annual revenue of Propel Industries?

Annual revenue of Propel Industries is more than ₹1,000 Cr as on Mar 31, 2025

Where does Propel Industries rank among its competitors?

Propel Industries ranks 11th amongst 1657 active competitors, of which 14 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Caterpillar, which secured $132K in Nov, 2025.

Who are the top competitors of Propel Industries?

Propel Industries' top competitors include Cat, JCB and John Deere. Among them, Caterpillar secured the most recent funding round in November, 2025.

Propel Industries - 2026 Company Profile, Team, Competitors & Financials

Propel Industries is an unfunded company based in Coimbatore (India), founded in 2009. It operates as a Manufacturer of crushing, screening, and washing equipment. Propel Industries has not raised any funding yet. The company has 1657 active competitors, including 14 funded and 267 that have exited. Its top competitors include companies like Cat, JCB and John Deere.

Company Details

Manufacturer of crushing, screening, and washing equipment. The company provides solutions for the mining and construction industries. It manufactures components for industries dealing with wind energy, earth moving, automobile, and railways. The company also manufactures special gear drives which includes light weight, energy efficient Motorized Pulley catering for heavy and process industries.

Website: propelind.com
Social
Email ID: *****@propelind.com
Phone Number: +91 **********, +91 **********
Registered Address: 663RAVATHUR MAIN ROAD RAVATHUR POST, COIMBATORE, Tamil Nadu, India, 641103

Key Metrics

Founded Year

2009

Location

Coimbatore, India

Stage

Unfunded

Ranked

11^th among 1657 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

2,098 as on Aug 31, 2025

Investment & Acquisitions

Omega Crusher

Similar Companies

Cat & 1740 more

View Propel Industries' full profile

Propel Industries is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PROPEL INDUSTRIES PRIVATE LIMITED CIN: U29199TZ2009PTC015651 , India, Active	Dec 04, 2009	₹1,000+ Cr (As on Mar 31, 2025)	1210 (As on Aug 01, 2025)
ORIENTAL PLANTS AND EQUIPMENTS PRIVATE LIMITED CIN: U31103TZ1991PTC003579 , India, Active	Dec 30, 1991	₹1,000+ Cr (As on Mar 31, 2025)	418 (As on Aug 01, 2025)

Propel Industries has not raised any funding rounds yet.

Propel Industries' Board of Directors

Propel Industries's board has 3 active members. Varadharajan Senthilkumar is part of team and Appanayakenpatti Venkataswamynaidu Varadharajan and Senthilkumar Vidhya are independent board members.

Here is the list of Propel Industries' board of directors:

Name	Type	Representing	Status	Duration
Varadharajan Senthilkumar	Team	-	Current	14y 7m
Appanayakenpatti Venkataswamynaidu Varadharajan	Independent board member	-	Current	16y 9m
qkl{xgx	Independent board member	-	Current	5y 8m

Propel Industries' employee count trend

Propel Industries has 2,098 employees as of Aug 25. The total employee count is 44.0% more than what it was in Aug 24. Here is Propel Industries's employee count trend over the years:

Employee count trend for Propel Industries

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Top competitors of Propel Industries include Cat, JCB and John Deere. Here is the list of Top 10 competitors of Propel Industries, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cat 1993, United States, Funding Raised	Global industrial equipment and solutions provider, offering diverse language options	-	OSTI, NASA	66/100
2nd	JCB 1945, Uttoxeter (United Kingdom), Funding Raised	Manufacturer of earthmoving and construction equipments	-	Ukri	66/100
3rd	John Deere 1837, Moline (United States), Public	Manufacturer of agriculture, construction, and forestry equipments	-	Yixing Capital, Roynat Capital & 5 others	66/100
4th	Caterpillar 1925, Irving (United States), Public	Manufacturer of construction and mining equipment	-	Astute Equity Group, OSTI & 2 others	65/100
5th	Volvo CE 1832, Carpiano (Italy), Unfunded	Manufacture of construction equipment	-	-	63/100
6th	Liebherr 1949, Biberach (Germany), Funding Raised	Manufacturer of construction and mining machinery equipments	-	Economy And Finance, Europa	61/100
7th	Titan Machinery 1980, West Fargo (United States), Public	Manufacturer of agriculture and construction equipments	-	Bank of the West, CoBank & 3 others	59/100
8th	Manitowoc 1902, Milwaukee (United States), Public	Lifting solutions and equipment manufacturer for the construction industry	-	STRS Ohio, Hud Exchange	58/100
9th	Huisman 1929, Schiedam (Netherlands), Funding Raised	Provider of maintenance & installation services for wind turbines and other components	-	Ponooc, Europa	58/100
10th	Zoomlion 1992, Changsha (China), Public	Manufacturer of mobile cranes, concrete, earth moving, and other construction equipments	-	Broad Vision Funds, Enspire Capital & 4 others	57/100
11th	Propel Industries 2009, Coimbatore (India), Unfunded	Manufacturer of crushing, screening, and washing equipment	-	-	57/100