Indian Capital Goods Dividend Powerhouses (3%+ Yield)

Balmer Lawrie Investments

Market Cap: ₹15.7b

Engages in the industrial packaging, greases and lubricants, chemicals, logistic services and infrastructure, refinery and oil field, and travel and vacation businesses in India.

Jamna Auto Industries

Market Cap: ₹30.2b

Engages in the manufacture and sale of tapered leaf, parabolic springs, and lift axles under the JAI brand in India and internationally.

Balmer Lawrie

Market Cap: ₹32.4b

Engages in industrial packaging, greases and lubricants, chemicals, logistic services and infrastructure, refinery and oil field, and travel and vacation services businesses in India and internationally.

Uniparts India

Market Cap: ₹14.3b

Manufactures and sells engineering systems, solutions, and assemblies primarily for off-highway vehicles in India, the United States, the Asia Pacific, Europe, Japan, and internationally.