Indexel Engineering Pvt Ltd has established itself as a key player in India’s industrial automation and EPC sector, delivering cutting-edge solutions across multiple industries. Built on the pillars of trust, innovation, and teamwork, Amit Singhal’s inspiring entrepreneurial journey highlights his vision of creating a company that drives excellence and contributes to India’s growing industrial landscape.
Amit Singhal, the founder of Indexel Engineering Pvt Ltd, completed his mechanical engineering degree and embarked on his entrepreneurial journey in 1995 by launching Industrial and Technical Enterprises in Kota, Rajasthan. Without any business background or financial safety net, he started by trading industrial products for power plants, cement factories, and fertilizer units. Through sheer hard work, he built strong relationships with these industries, winning their trust and gradually expanding his business network.
In 2004, he teamed up with Rajesh Goenka, an instrumentation engineer, to form Industrial Automation. Together, they expanded the business into the automation space, collaborating with industry giants like Schneider Electric, ABB, and Pepperl Fuchs. The duo’s strategic focus on automation products and material handling solutions paved the way for the company’s future success.
To meet evolving market demands and unlock new opportunities, Mr Amit transformed Industrial Automation into Indexel Engineering Pvt Ltd in 2013. This shift from being a distributor to a full-fledged EPC and manufacturing company allowed Indexel to transcend geographical boundaries and offer customized industrial solutions across India.
Mr Singhal explains, “When I was a distributor, the market was limited. As a manufacturer and project integrator, we could serve industries nationwide and even beyond.” With this strategic transition, the company enhanced its offerings, providing bespoke automation, EPC, and material handling solutions. Recognizing the importance of long-term growth, Amit’s daughter, Anushka Singhal, also joined the business, marking the beginning of the second generation’s involvement in steering the company forward. With fresh insights and a modern perspective, Anushka is taking charge of business operations, ensuring the company remains agile and competitive in a rapidly evolving industry.
Building a business in a smaller city like Kota had its unique challenges, especially when working with major clients like Bhabha Atomic Research Centre (BARC) and Nuclear Power Corporation of India Ltd. (NPCIL). Mr Amit recalls how the company had to convince customers of its technical expertise and reliability. However, once clients visited the Kota facility and experienced the team’s capabilities firsthand, they were won over.
With its commitment to quality, punctuality, and customer satisfaction, Indexel Engineering grew steadily. Today, it serves industry leaders such as UltraTech Cement, Shree Cement, Dalmia Cement, and Vedanta, providing high-quality solutions that optimize their operations.
Overcoming Market Challenges with Innovation and Strong Teamwork
A major factor in Indexel’s success is the strength of its team. He emphasizes, “Manpower is our most important resource. Our employees are our strength.” Key members like Vinod Mamgain, the business head, have been part of the organization for over two decades, contributing to the company’s sustained growth. This dedication to building a loyal and motivated workforce has created a positive environment, with many employees remaining with the company for more than 10 years.
In 2023, Indexel Engineering achieved an impressive turnover of ₹84 crore, reflecting its growing influence in the industrial solutions sector. The company’s expertise spans across automation, material handling, and EPC solutions, catering to a broad range of industries. Its partnerships with nuclear research facilities and leading cement producers showcase its ability to deliver high-quality, customized solutions to meet diverse needs.
Amit Singhal foresees a bright future for Indexel Engineering. As industries increasingly adopt automation to improve efficiency and maintain quality, the demand for Indexel’s solutions continues to rise. Amit’s vision aligns with India’s focus on industrial growth and self-reliance. He remarks, “Automation is not just about improving processes—it is essential for maintaining consistent quality and ensuring trouble-free operations.” Looking ahead, Indexel aims to expand its presence across new markets and explore innovative technologies that can further enhance industrial efficiency. With a strong foundation and a capable team, the company is well-positioned to continue its growth trajectory and make a lasting impact on the Indian industrial landscape.
The story of Amit Singhal and Indexel Engineering exemplifies the power of hard work, innovation, and teamwork. From humble beginnings in Kota to becoming a leader in industrial automation and EPC solutions, the journey reflects Amit’s commitment to building a company that excels in both performance and customer satisfaction.
Through trust, teamwork, and relentless dedication to quality, Mr Singhal has transformed Indexel into a dynamic and reliable player in the industrial sector. His entrepreneurial spirit and forward-thinking approach continue to guide the company toward greater heights, positioning it as a significant contributor to India’s industrial growth and self-reliance journey.
