We build a bridge of trust with our Customers!
Rishabh Instruments Limited is a global leader in energy‑efficiency and electrical automation solutions. Backed by over four decades of experience, we design, develop, manufacture and supply high‑quality instrumentation, control devices, and precision die‑casting components that serve diverse industries from power generation and utilities, to automotive, solar, EV charging station, railways, and industrial process sectors. We have evolved into a major engineering enterprise delivering cutting‑edge measurement, control and automation solutions.
Founded in 1982 by Narendra Joharimal Goliya, Rishabh Instruments has grown from modest beginnings, manufacturing Analog panel meters in Nashik, to an internationally recognized engineering conglomerate. Over the years we have developed strong footholds in delivering solutions in electrical automation, metering, control & protection devices, portable test & measurement instruments, and solar string inverters. These sub-segments are part of our Electrical and Electronic Instruments (EEI) business segment.
We deliver an end‑to‑end suite of products and solutions for electrical measurement and process optimization. Leveraging our own brand, we design, develop, manufacture products in-house and market solutions that enable precise measurement, control, recording, analysis, and optimisation of energy and process performance, while ensuring cost effectiveness and high reliability.
We also provide high-pressure aluminium die casting solutions (HPDC) for clients who require close tolerance fabrication and other high precision applications, including tooling, machining, surface finishing and heat treatment in sectors such as automotive compressors and precision flow meters.
We operate multiple state of the art facilities in India (Nashik), Poland (Zielona Góra) and China (Shanghai), serving over 100 countries through a wide network of authorized dealers. We have two modification centres in US and UK and seven R&D centres across India, Poland and China with global accreditations.
We are acknowledged globally for manufacturing and supplying analog panel meters, and we rank among the leading producers of low‑voltage current transformers. In Poland, Lumel S.A. (a wholly owned subsidiary) is the preferred brand for meters, controllers, and recorders, while Lumel Alucast is a major player in non‑ferrous high pressure aluminium die-casting across Europe with over 70 years of legacy.
Our performance has been recognised repeatedly, we have been awarded the “Star Performer” title by the Engineering Export Promotion Council, India, in the category of miscellaneous instruments and appliances (large enterprise) in 2005, 2006, 2008, 2009, 2011, and 2012. Our subsidiary in Poland Lumel S.A. has also won ‘FORBES DIAMOND AWARD 2025’ - this award recognizes organizations that have demonstrated significant revenue growth, financial resilience, and exceptional management practices over the last three years, ‘BUSINESS GAZELLES 2024’ - a prestigious distinction awarded to companies that have maintained dynamic growth over the past three years and ‘INNOVATION AWARD ‘ - from the Marshal of the Lubuskie Voivodeship, for our ongoing commitment to research and development, technological progress, and innovation-led market leadership.
Beyond our core manufacturing, we provide additional specialised services, including mould design and production, EMI/EMC testing, Electronic Manufacturing Services (EMS), and software platforms such as MARC and PROMOTIC.
Innovation lies at the core of our DNA. Our accredited R&D centres across the globe comprises of 95+ engineers (as of 31 May 2023). We have secured patents for ground breaking clamp‑meters featuring rotary‑jaw and safe‑trigger mechanisms, protecting user safety in difficult measurement environments in India, Poland, UK and US. To complement this, we also hold design registrations in India for multimeters, current & voltage transducers, and power transducers. All manufacturing, from concept to completion, is carried out in our own five state‑of‑the‑art facilities. Our Nashik plants in Maharashtra are fully vertically integrated, providing end‑to‑end capabilities including tool design; our Polish plants in Zielona Góra cover both electrical/electronic product assembly and aluminium die casting, with extensive post‑processing and lab‑testing. Furthermore, our China facility supports both production and R&D to ensure global product innovation and compliance with international standards. Through this vertically integrated structure, stringent quality certifications, and continuous investment in new technologies and collaborations, we maintain leadership in energy‑efficiency solutions and precision instrumentation.

Narendra Johrimal Goliya
Visionary Leader, Driving Innovation in Precision Engineering!
Rishabh Instruments, founded in 1982 by Narendra Joharimal Goliya, has grown into a leading name in the manufacturing and electrical industry. Mr. Narendra Goliya, who serves as the Promoter & Executive Chairman, holds a Bachelor’s degree in Electrical Engineering from the Indian Institute of Technology, Bombay, and a Master’s degree in Science from Stanford University. With over four decades of industry expertise, he has been instrumental in shaping the company’s success. Leveraging a strong 40-year presence in India, Rishabh Instruments has strategically expanded into global markets, establishing and acquiring seven foreign subsidiaries—three in Poland, and one each in the United Kingdom, the United States, China, and Cyprus. This expansion reflects the company’s commitment to innovation, quality, and international growth.
Dinesh Musalekar
Group CEO & Whole Time Director
Dinesh Musalekar is Group CEO & Executive Director of Rishabh Group, a global enterprise in energy efficiency and industrial automation with its operations spread over 100 countries across 5 continents. With over 30 years of experience, he is known for visionary leadership, strategic growth, and cross-cultural management. He has led operations across Pan India, Europe, Asia and Americas specializing in business transformation, M&A, and innovation.
Since 2013, he has overseen the successful turnaround of Lumel, a key Rishabh company in Poland. At group level, he passionately strives to develop next generation of leaders, synergy amongst the group companies in the areas of product development, sales and marketing, operations to generate greater value for all the stakeholders of our groups core business of providing world class integrated solutions in automation, metering, and high-precision manufacturing. His leadership combines strategy with hands-on execution, fostering change and long-term value.
Dinesh has received top honours, including the Gold Medal from the Mayor of Zielona Góra, the Indian Achievers Award for Business Leadership from the Ambassador of India to Poland, the Personality of the Year title from Polska Press Group, and the Exemplary Leadership Award from the Indo-Polish Chamber of Commerce and Industry.

Our Mission
The companies shall engineer and provide products by efficient use of all resources consistently surpassing customer expectations on quality and delivery at competitive price. The companies shall achieve performance excellence by innovation and continuous improvements in processes, products and services to create opportunities for growth for all stakeholders of the organization.
Our Vision
The Group's vision is to achieve continuous growth through innovation and technological advancement in the field of energy measurement, automation products and die casting.