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RMC Switchgears Secures Spot in Asia’s 200 Best Under a Billion 2025

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RMC Switchgears is a Jaipur, India headquartered company founded in 1994. They were formerly called RFH Metal Castings. The company engages in switchgear engineering – design and manufacture meter enclosures and panels – and construction contracts for power distribution and transmission sector.

RMC Switchgears

Industry Electrical Components

Founded 1994

Country/Territory India

CEO Ankit Agrawal

Forbes Lists

Asia’s 200 Best Under A Billion (2025)

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Reducing Electrical Loss in Maharashtra's High-Density Zones

Problem:

  • Energy meters were situated in deeply recessed, poorly lit areas,making access and reading challenging.
  • Rampant meter tampering incidents were reported. Even when detected, intimidation and threats prevented whistleblowing.
  • Regions like Kalyan, close to Mumbai, witnessed up to 53% power loss primarily due to illicit power theft.

Innovative Solution: 

Introduction of RMC’s Multi Meter Boxes: These units encapsulate 12 meters in a single structure, complicating consumer efforts to single out their individual meters.

  •  By eliminating easy access points, these boxes ensure protection against tampering attempts.

  • Strategically relocating these boxes to main roads achieves dual objectives: simplifying meter reading tasks and reducing tampering. Their public positioning acts as a deterrent, making tampering attempts risky and less likely.

RMC Switchgears Ltd is a Jaipur-based company manufacturing smart energy enclosures, panels, and electrical safety solutions.