The automotive industry in India has really spread its wings over the period, as the country became the 4th largest automotive market in the world.
The companies gave new designs and innovative yet beneficial technologies a very clear idea of the common people’s needs and expectations.
There is also a major factor for better sales to be considered.
The citizens of India have sent comfort and elegance a green signal as the population increases and the lifestyle constantly improves.
As a result, Indian car companies have become virtually important and have offered the car industry an opportunity to improve their profits.
Here, we have listed the top 10 largest automobile companies in India:
10. Nissan Motor India Pvt Ltd
The Indian subsidiary of Nissan Motor India Pvt Ltd, established in 2005, is Nissan Motor India Pvt Ltd.
The cars and vehicles of the business are extremely popular in India for their superior engines and durable frames.
Nissan Motor India produced 53,390 of its top-quality domestic vehicles during the past fiscal year, 2017-2018.
Nissan Micra, Nissan Frontrunner, Nissan Kicks, and Nissan GT-R, among others, are among their most popular Indian models.
9. Toyota Kirloskar Motor Pvt Ltd
Toyota Kirloskar Motor Pvt (Kirloskar Group as a minority owner) is a subsidiary of Toyota Motor Corporation of Japan, for the manufacturing and sales of Toyota cars in India.
The company was founded in 1997 and became the leading automobile manufacturing company in India.
During the 2017-2018 financial year, Toyota Kirloskar India manufactured 139,566 cars.
They also export manufactured cars from their Indian plants to foreign markets.
Toyota’s most popular models are Toyota Innova, Toyota Camry, Toyota Prius, Toyota Yaris, Toyota Landcruiser etc.
8. Volkswagen India
The wholly-owned Indian subsidiary of the German vehicle production company Volkswagen Group is Škoda Auto Volkswagen India Pvt Ltd.
Volkswagen is the second top automobile company in the world.
However, considering many factors in the Indian market, Volkswagen has yet to reach its maximum potential.
Unfortunately, they do not have an entry-level model for higher volumes of sales (and profits).
Volkswagen’s services network needs to be stronger compared to the other larger players.
Their customers’ most common complaint lies in the inconsistent provision of auto parts and regular failure in after-sales support.
That being said, in most other global markets, the Volkswagen group has a model with a new hatchback in the coming years in India.
Polo hatchback and Vento sedan variants are a major driving force of its popularity.
Brands including Audi and Skoda also relate to the sales figures as members of the Volkswagen AG community.
Nevertheless, this company is still trying to find a foothold in the Indian automotive market.
7. Renault India Pvt Ltd
Renault India Pvt. Ltd is a wholly-owned subsidiary of the French famed automaker Renault.
The Fluence premium sedan and the Koleos SUV, however, are unique and characteristically different.
While their design and features were critically appreciated, they were not huge sellers for Renault, that crown stands firmly on Duster’s head.
This compact SUV drives the success of Renault in the Indian market all alone.
They are also active in the Lodgy’s MPV segment but there are rumors that another seat row can be available in the next edition of the Duster and thus, the simplest choice again for Duster.
The first-level sub-compacted KWID was the other car with a lot of success for Renault.
6. Ford India
Ford India, a renowned car company headquartered in Chennai and founded in 1995, invests enormous money to capture the growing Indian car markets.
This American brand ranks in the sixth position among the top 10 automobile companies in India.
Ford has a loyalty share in India as a company as they provide driver-oriented cars with Ikon 1.6 and eventually Fiesta.
Ford also has Endeavor at the other end of the market–one of the first best SUVs of India, with a ladder on-frame design, masculine style, and amazing road presence.
The company employs over 10,000 people and has a deep knowledge of their fields.
The business in Chennai has an immense production facility with a capacity of 2,00,000 cars.
5. Honda Cars India
Honda Cars India Ltd. is Honda’s Indian counterpart, which manufactures, sells and exports passenger cars throughout the Indian subcontinent.
In 1995, Honda established a joint venture between them and Usha International of the Siddharth Shriram Group.
This joint venture, until previously was known as Honda Siel Cars India Ltd.
Honda City Cars, Honda Accord, Honda Jazz, Honda CR-V, and Honda Brio are the most popular Honda Cars models for India.
During the 2017-2018 financial year, this large Japanese car manufacturer’s Indian operations represented approximately 178,755 cars made in India.
The vehicles manufactured in the country are also shipped to neighboring countries.
4. Mahindra & Mahindra
Mahindra & Mahindra Limited is an Indian car manufacturing company based in Mumbai, Maharashtra, India.
Now in India, it is also a major group manufacturing and an acclaimed automotive brand.
Mahindra & Mahindra group is valued at 66,958.35 crore rupees in 2019. Scorpio, Bolero, XUV500, Xylo, Verito, and Thar are their successful models
During the financial year, 2017–2018, this leading car maker in India manufactured some 242,365 assorted vehicles.
Mahindra & Mahindra is also the biggest tractor producing company used for agricultural use.
Automobiles from Mahindra and Mahindra are renowned for their sturdy design and high performance.
3. Tata Motors
If foreign companies weren’t included, Tata motors would be ranked 1st among the top 10 automobile companies in India list.
Tata Motors is the largest car manufacturing company in Asia and the 17th largest in the world in terms of total capacity.
The company is famous for manufacturing cars, trucks, vans, coaches, etc.
Tata Motors is the best automobile company with the highest sales in 2017 in the country when compared to other brands.
The organization aims to design and offer the best commercial and commuter vehicles with the best possible user experience worldwide.
During the financial year 2017-2018, it produced some 191,107 automobiles.
Among other vehicles, the company primarily manufactures passenger busses and trucks.
For decades, long before liberalization, other manufacturers arrived in Indian market Tata vehicles have been touring on Indian roads.
Besides, their leading models include the cheapest car in the word Nano (discontinued in 2019), Tiago, Nexon, Tigor, Sumo, Zest, Harrier, Hexa, and Safari.
When it was introduced in India, Hyundai was unknown as a brand.
From there to becoming the second-best car brand in India is a good story to be told.
The Santro was an absolute triumph, the very first version they introduced in the country.
In the portfolio of Maruti Suzuki, cars from several segments were overthrown, leading to Suzuki’s sales figures plummeting considerably.
Some models had great successes, while others slipped over months into single-digit sales.
Yet Hyundai has steadily improved in terms of design, quality, and efficiency and currently offers an enviable range of models from the entry levels to the luxurious SUV series and virtually every category in the center.
Its best-selling models Eon, Santro, i10 and i10 Grand, Xcent, Verna, Elantra, Creta, and Tucson.
1. Maruti Suzuki
Maruti Suzuki India Limited is the largest automobile company in India, formerly known as Maruti Udyog Limited.
It’s a joint venture between Maruti Udyog and the Suzuki Motor Corporation in Japan and was established almost 4 decades ago.
Maruti Suzuki owns 53% automobile market share in India.
Its first car, Maruti 800, was regarded at the launch as the most successful car.
Even the last production unit for such a car shut seven years ago still, in 2019, this car can easily be seen on Indian roads.
Maruti Suzuki has developed the technology to produce worldwide standard cars for the Indian market.
Breeza, Alto, Swift, Ertiga and Celerio variants are some of their bestselling.
In 2015 Maruti Suzuki launched a new dealership format for its premium cars, NEXA.
At present, Maruti under its NEXA brand is selling, Baleno RS, S-Cross, XL-6, Ciaz and Ignis.
The first car that was marketed through NEXA outlets was S-Cross.
As part of the company’s medium-term objective of annual sales of 2 million by 2020, they will add several new models to both outlets.
The automotive industry in India has about 37 million employees directly or indirectly and is one of the largest employing sectors in the country.
The automobile sector in India is currently struggling with a crisis, where the prices of automakers have dropped drastically to minimize production.
Insiders of the industry warn a risk of hundreds of thousands of jobs.
Given the optimistic policy initiative by Government, most manufacturing sectors (including automotive) are still struggling to survive.
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