India’s manufacturing sector is gaining momentum, with policy support and private capital pushing the economy toward self‑reliance. In this context, five manufacturing startups caught our eye in August, each tackling a different part of the value chain from chemicals to defence.
Tulon Materials upcycles waste into high‑performance chemicals
Tulon Materials is turning industrial waste into specialty chemicals used in paints, inks and plastics. The firm’s founders—Asesh Sarkar, Rabindranath Mandal and Harsh Bhatt—have built a process that chemically upcycles feedstock, reducing reliance on fresh petroleum inputs. Its product line includes resins, additives and binders that meet sustainability goals without sacrificing performance.
The company runs an R&D lab in Mumbai’s Turbhe district, a thioester production unit in Mahad and a resin plant in Visakhapatnam. As manufacturers look to decarbonise supply chains, Tulon positions itself as a partner for greener inputs. The Indian specialty resins market is projected to reach US$483.9 million by 2033.
TSUYO Manufacturing creates indigenous EV powertrains
Founded in 2020, TSUYO Manufacturing designs and builds complete electric drivelines under one roof. Its portfolio spans traction motors, controllers, gearboxes and e‑axles from 0.5 kW to 350 kW. By using magnet‑less synchronous reluctance motors and ferrite‑hybrid platforms, the firm reduces dependence on imported rare‑earth magnets.
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Production occurs at two ISO‑certified plants in Greater Noida, while a 20‑acre campus is rising in Dharwad, Karnataka. TSUYO has signed on more than 50 original equipment manufacturers and ships to Sri Lanka, Bangladesh, Nepal and the Philippines. The Indian EV motor market could grow from about $1.56 billion in 2025 to $6.88 billion by 2034.
Revamp Moto builds modular electric two‑wheelers
Revamp Moto, launched in 2021, focuses on purpose‑built commercial electric two‑wheelers. Its RM Yaara 25 platform can be fitted with cargo carriers, insulated boxes or temperature‑controlled units, supporting food delivery, pharmacy logistics and mobile vending. The company also offers the higher‑performance RM Mitra, targeting a 150 km range and 80 km/h top speed.
Annual capacity sits at roughly 24,000 vehicles, with an order pipeline of about 50,000 EVs. Customers include major delivery services and energy firms. Funding of ₹28 crore has been secured, and the firm aims for ₹60 crore in revenue by FY27. The broader Indian EV market is expected to become a $132 billion industry by 2030.
The rise of these ventures reflects a broader shift: as the government pushes for domestic production, companies that can combine local sourcing with innovative engineering gain a foothold. This trend also signals that investors see long‑term value in homegrown solutions, not just short‑term hype.
Rechargion pursues sodium‑ion battery technology
Based in Pune, Rechargion is developing sodium‑ion batteries as a lower‑cost alternative to lithium‑ion cells. Led by Vilas and Manjusha Shelke, the firm’s design uses a hard‑carbon anode and a symmetrical aluminium‑aluminium collector, promising zero‑voltage transport, faster charging and wider temperature tolerance.
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The company aims for an end‑to‑end cell manufacturing line as the sodium‑ion market is projected to reach $2.9 billion by 2031. Its patent portfolio covers biomass‑derived hard carbon, carbon foam and sodiophilic electrodes. As India seeks greater energy self‑reliance, Rechargion positions sodium‑ion batteries as a viable option for both mobility and stationary storage.
Zoppler Systems develops defence sensing solutions
Founded in late 2024, Zoppler Systems builds indigenous radio‑frequency sensing and autonomy platforms for the Indian defence sector. The firm’s portfolio includes radar software, compact exciter and receiver hardware, wideband receivers and AI‑driven decision tools that can be deployed across air, land, sea and space.
Recent funding of ₹6.5 crore will accelerate product development and field validation. The anti‑drone market, valued at $197.5 million in 2025, is expected to reach $983.7 million by 2030, and Zoppler aims to capture a share with its vendor‑agnostic solutions.
These five ventures illustrate how Indian manufacturing is diversifying beyond traditional heavy industry. By focusing on sustainable inputs, local powertrains, modular EVs, alternative battery chemistries and homegrown defence tech, they are laying groundwork for a more self‑sufficient economy.
