Magma is building an industrial operations platform for India’s mid-market factories, helping manufacturers source critical inputs, manage waste and access locally made components.
Founded in 2022, the company began with industrial materials and has expanded its offering around recurring factory needs, including advanced materials, recycled inputs and precision-engineered components. Magma has served 250+ industrial factories across 12+ states, moving more than 200,000 MT of cargo and executing 8,000+ truck movements.
Its model combines sourcing, processing and supply-chain capabilities with an expanding technology layer, giving manufacturers a single operating partner across multiple parts of the factory supply chain. As Indian manufacturing shifts toward localisation and greater supply-chain resilience, Magma is positioning itself to become a broader infrastructure layer for the mid-market factories that will support that transition.
