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Rishabh Instruments

Nashik, IN · Founded 1982 · 585 employees on LinkedIn · 1 known investors

Find your way into Rishabh Instruments

134 people in our graph share verified history with the Rishabh Instruments team — schools, employers, funds. One of them is your warm intro.

John Hortonunlockedknows Dinesh Musalekar · together at Henley Business School (overlapped)
×5knows the team · via University of Mumbai
×6knows the team · via Henley Business School

Rishabh Instruments designs, manufactures, and supplies electrical measurement, automation, and control devices along with precision die-casting components for power generation, utilities, automotive, solar, and industrial sectors across over 100 countries. The company also provides software platforms and specialized manufacturing services through facilities in India, Poland, and China.

Also known as Rishabh Group · Rishabh Instruments Limited

Founders & leadership

Rishabh Instruments was founded in 1982 by Narendra Joharimal Goliya.

NJNarendra Joharimal Goliya
Narendra Joharimal GoliyaPromoter & Executive Chairman
DMDinesh Musalekar
Dinesh MusalekarinManaging Director & Group CEODinesh Musalekar is Managing Director and Group CEO of Rishabh Instruments, which manufactures electrical measurement, automation, and control devices alongside precision die-casting components for power generation, utilities, automotive, and industrial sectors. He brings three decades of business experience including roles in sales, operations, product development, and manufacturing across diverse markets in Asia, Europe, Americas, and Africa.

Investors · 1

Company profile

researched Aug 2026

Rishabh Instruments Limited, operating as Rishabh Group, designs, develops and manufactures energy efficiency and electrical automation products, with a focus on metering and instrumentation devices, test and measuring instruments and industrial control products. The company describes nearly three decades of experience in this field and is known for analog panel meters, and positions itself among the larger global manufacturers of low-voltage current transformers.

Its product catalogue spans roughly 300 products, including single-phase energy meters (RISH ED21X1 for 1Ph 2-wire networks with up to 100A direct connection, and RISH ED11X1 with up to 45A direct connection and Modbus port), the RISH DC2111 single-channel DC energy meter for bidirectional measurement in EV charging, telecom base stations, solar PV and industrial DC systems (up to 2000A via external shunt, Class 1 accuracy per IEC 62053-41:2021, RS485 Modbus RTU, pulse output, 2-module DIN rail enclosure), and the RISH LM1360+ multifunction energy meter offering power quality and harmonic analysis to the 31st order, data logging and optional Modbus, Ethernet or BACnet communication.

The group includes subsidiaries LUMEL S.A., Sifam Tinsley Instrumentation Inc., Sifam Tinsley Instrumentation UK, Shanghai VA Instrument Co., Ltd., EnergySolution Labs, Lumel Alucast and MICROSYS. Lumel Alucast supplies high-precision aluminium high-pressure die-casting (HPDC) solutions for the automotive and flow meter production industries.

Business model

Rishabh manufactures and sells electrical measurement, metering and automation hardware, complemented by aluminium high-pressure die-casting services provided through its Lumel Alucast subsidiary for automotive and flow meter customers.

Traction

Reported figures include over 10,000 clients, more than 270 dealers globally and over 150 dealers in India, and a catalogue of more than 300 products.

Latest developments

Recent announcements include the launch of the TMI Experience Center in Chennai, the appointment of Dinesh Musalekar as Managing Director, and receipt of the Best Employer Brand Award at the Nashik Leadership Awards. New product introductions include the RISH ED21X1, RISH ED11X1, RISH DC2111 MOD DC energy meter and the RISH LM1360+ multifunction energy meter.

Full profile — market position, technology, go-to-market, geography

Market position

Positions itself as a global energy efficiency solutions provider, noted for analog panel meters and among the larger global manufacturers of low-voltage current transformers, reporting more than 10,000 clients.

Technology

Products cover electrical parameter measurement and energy monitoring, including AC and DC energy meters, multifunction meters with harmonic analysis and data logging, analog panel meters and low-voltage current transformers. Communication options include RS485 Modbus RTU, Ethernet and BACnet, and metering accuracy is stated against standards such as IEC 62053-41:2021. Seven accredited R&D centres support development of products, processes and applications.

Go-to-market

Sales run through a dealer network of over 350 authorized dealers, including more than 150 in India, alongside international subsidiaries in Poland, the UK, the US and China. The company is opening a TMI Experience Center in Chennai as a technology experience and demonstration site.

Industrial and commercial users across power and utilities, agriculture, automation, manufacturing and process industries, and emerging/niche sectors, including food, pharmaceutical, nuclear and automotive applications; die-casting output serves automotive and flow meter manufacturers.

Geography

Headquartered in India with operations in more than 100 countries, five manufacturing facilities across India, Poland and China, and subsidiaries in Poland (LUMEL S.A.), the UK and US (Sifam Tinsley Instrumentation) and China (Shanghai VA Instrument).

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Authorized dealersJan 2026350 dealers
ClientsJan 202610,000 clients
Countries of operationJan 2026100
Dealers in IndiaJan 2026150 dealers
Dealers worldwideJan 2026270 dealers
Manufacturing facilitiesJan 20265 facilities
ProductsJan 2026300 products
R&D centresJan 20267 centres

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 4

launches, deals, and filings
Jun 2026
TMI Experience Center launched in Chennai

Company announced the launch of the TMI Experience Center in Chennai, described as India's first tech experience center.

source ↗

May 2026
Dinesh Musalekar appointed Managing Director

source ↗

May 2026
Best Employer Brand Award at Nashik Leadership Awards 2026

source ↗

Jan 2026
New energy meters introduced: RISH ED21X1, RISH ED11X1, RISH DC2111 MOD and RISH LM1360+

New products include single-phase energy meters RISH ED21X1 (100A max direct connection) and RISH ED11X1 (45A max direct connection with Modbus), the RISH DC2111 single-channel DC energy meter for bidirectional measurement up to 2000A via external shunt, and the RISH LM1360+ multifunction energy meter with harmonic analysis and optional Modbus, Ethernet or BACnet.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Rishabh Instruments do?
Indian manufacturer of electrical automation, metering and test & measuring instruments with operations in over 100 countries.
Who founded Rishabh Instruments?
Rishabh Instruments was founded by Narendra Joharimal Goliya in 1982.
Who are Rishabh Instruments's investors?
Rishabh Instruments's investors include Global Environment Fund Management.
Where is Rishabh Instruments headquartered?
Rishabh Instruments is headquartered in Nashik, IN.