How many employees work at Banco Products?

Banco Products (India) Ltd. has 2,022 employees, according to Revelio Labs workforce intelligence data. The YoY growth rate is 9.5%.

Data source: Revelio Labs Coverage: Global workforce Latest update: September 2025

About Banco Products

Born of Entrepreneurial spirit Banco was established in 1961. By combining entrepreneurial spirit with a passion for excellence in engineering, Banco has carved a niche for itself as a leader in the business of engine cooling and engine sealing systems. Banco product scope caters to wide ranging applications in Passenger cars, Commercial vehicles, Agriculture tractor, Construction machinery, Railways, Gensets & Material handling equipment. Not just Products, Bespoke Engine Cooling Systems Innovation is our Banco DNA. Our world-class R&D facilities at Bhaili and near Ankhi are DSIR approved. Following an "Outside In" approach, our engineers develop a comprehensive understanding customer requirement. With our belief that "one shoe does not fit all", we develop bespoke solutions that exceed customer's expectations and deliver outstanding performance under demanding Indian application conditions. By continuously improving on our designs, we are "Future ready" to offer BS VI solutions for Automotive applications and BS IV / Euro V applications for Off-highway applications. Global Footprint Nederlandse Radiateuren Fabriek B.V. (NRF), headquartered at Netherlands, became part of Banco in 2010. NRF is a leading manufacturer and supplier of cooling products for the automotive market, industrial, railway and marine sector. Banco, with a strong focus on product development together with emphasis on world-class quality, Banco products have won the trust of customers across Europe, Americas, Asia and Africa. Markets Banco is preferred choice of OEMs in automotive and industrial sectors. Our leading OEM customers include Tata Motors, Ashok Leyland, Cummins, Maruti, Mahindra & Mahindra, Hero Honda, TVS, Harley Davidson, Indian Railways, Caterpillar, JCB, Kirloskar, TAFE, Escorts, SML Isuzu, Manitou, John Deere, just to name of few. With a wide product basket, Banco is a leader in Aftermarket for Engine cooling and Engine sealing products.

As of September 2025

Banco Products
workforce metrics

Headcount

2k

Avg. Salary

$16.6k

Tenure

4.0yr

Growth Rate

9.5%

Hiring Rate

Attrition Rate

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Employee Headcount

Interactive chart of Banco Products annual worldwide employee count from 2023 to 2025.

  • Banco Products total number of employees in 2025 was 2,031.642, a 9.5% increase from 2024.
  • Banco Products total number of employees in 2024 was 1,849.625, a 7.9% increase from 2023.
  • Banco Products total number of employees in 2023 was 1,716.627, a 4.0% increase from 2022.

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Employee Geographic Breakdown

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Employee Role Breakdown

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Employee Compensation

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Active Job Postings

Interactive chart of Banco Products annual active job postings from 2023 to 2025.

  • Banco Products active job postings in 2025 was 58, a 46.8% increase from 2024.
  • Banco Products active job postings in 2024 was 89, a 101.7% increase from 2023.
  • Banco Products active job postings in 2023 was 29, a 18.9% increase from 2022.

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Employee Sentiment

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