About Niyantran
Since 1992

Precision. Purpose. Progress.

At Niyantran, we engineer trust. Since 1993, we’ve been designing and manufacturing reliable power conditioning and control solutions that keep industries running without interruption. Headquartered in Nashik, we are a proud Indian manufacturer committed to quality, customization, and long‑term partnerships.

Practical expertise, proven results
Innovation with real‑world impact
Tested for consistency and durability
Your timelines, our priority

With a team of skilled engineers, a modern facility, and a culture that values doing things right the first time, we continue to deliver peace of mind — one product at a time.

In‑House Manufacturing
Design, development, assembly, and testing all under one roof in Nashik.
Made for the World
Supporting Indian industry while meeting global standards of precision and durability.
Reliable Support
Quick answers, clear communication — no follow‑ups needed.

The People Behind Niyantran

Mr. Mahendra Waray
FOUNDER & CEO
Mr. Mahendra Waray

Mr. Mahendra Waray founded M. R. Electricals in 1993, driven by a deep passion for electronics and power systems. With over three decades of hands-on experience, he has led the design and development of reliable voltage stabilizers, Online UPS and other control solutions for demanding industrial applications. Known for his strong technical expertise and practical problem-solving approach, he has built the company on a foundation of quality, consistency, and long-term customer trust.

Mr. Shubham Waray
PRODUCT AND GROWTH
Mr. Shubham Waray

Shubham Waray represents the next phase of Niyantran’s growth, bringing a modern and systems-driven approach to the business. He began his career in Industrial Design and experience design, working on research and product design projects associated with large-scale and Fortune 500-level organizations. Since joining M. R. Electricals, he has focused on improving operations, strengthening the brand, and building a more scalable, process-oriented organization.

Our Journey

From a three-person workshop to a trusted name in industrial electronics, our journey is one of grit, growth, and innovation.

Niyantran journey timeline