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Top 20 Automobile Companies in India | 2024

By Shivani Y

Top 20 Automobile Companies in India | 2024

An automobile company is a business involved in the design, production, and sale of motor vehicles. These companies can be categorized into traditional manufacturers, luxury brands, electric vehicle pioneers, and new technology-focused firms. Here’s an overview of different types of automobile companies and some notable examples:

Here are the top 20 automobile companies in India, known for their significant market presence, production capabilities, and contribution to the automotive sector:

1. Maruti Suzuki India Limited

  • The largest car manufacturer in India, renowned for models like Alto, Swift, and WagonR.
  • Popular for its affordable, fuel-efficient cars and extensive service network.

2. Hyundai Motor India Limited

  • The second-largest car manufacturer, known for models like the Creta, Venue, and i20.
  • Strong reputation for stylish design and innovative features.

3. Tata Motors Limited

  • One of India's oldest and most respected automakers, known for vehicles like the Nexon, Harrier, and Tiago.
  • Leading in the electric vehicle (EV) segment with the Tata Nexon EV.

4. Mahindra & Mahindra Limited

  • Known for robust SUVs and utility vehicles, such as the Scorpio, XUV700, and Thar.
  • Expanding its presence in the electric vehicle sector with models like the eVerito.

5. Kia India

  • A relatively new entrant that quickly gained popularity with models like the Seltos, Sonet, and Carens.
  • Known for modern features and competitive pricing.

6. Toyota Kirloskar Motor Private Limited

  • Popular for reliable and long-lasting models like the Innova Crysta, Fortuner, and the hybrid Camry.
  • A strong player in the premium and utility vehicle segments.

7. Honda Cars India Limited

  • Known for its high-quality sedans and hatchbacks like the City, Amaze, and WR-V.
  • Focuses on fuel efficiency and reliability.

8. Renault India Private Limited

  • Gained market share with popular models like the Kwid, Triber, and Kiger.
  • Known for value-for-money vehicles.

9. MG Motor India

  • A subsidiary of SAIC Motor Corporation, known for the Hector, Astor, and the electric MG ZS EV.
  • Emphasizes modern technology and connectivity features.

10. Volkswagen India

  • Offers premium hatchbacks and sedans such as the Polo, Vento, and Taigun.
  • Known for strong build quality and driving dynamics.

11. Ford India (Previously Operative)

  • Though it ceased local manufacturing in India in 2021, its popular models like EcoSport and Endeavour still have a strong following.
  • Focused now on service and import of premium vehicles.

12. Skoda Auto India

  • Part of the Volkswagen Group, known for premium models like the Octavia, Slavia, and Kushaq.
  • Focuses on providing European design and features.

13. Nissan Motor India

  • Known for the affordable Nissan Magnite, which revitalized its presence in the market.
  • Offers a mix of hatchbacks, sedans, and SUVs.

14. Audi India

  • A luxury car brand that appeals to premium customers with models like the Q7, A6, and Q5.
  • Known for advanced technology and luxury features.

15. Mercedes-Benz India

  • The leading luxury car manufacturer, offering a range of sedans and SUVs, such as the C-Class, E-Class, and GLE.
  • Noted for its innovative safety and luxury features.

16. BMW India

  • A major luxury carmaker, offering models like the 3 Series, X5, and electric iX.
  • Known for sporty performance and luxury design.

17. Jeep India

  • Part of Stellantis, popular for rugged SUVs like the Compass and Meridian.
  • Known for off-road capability and distinctive design.

18. Tata Commercial Vehicles (CV)

  • A major player in commercial transportation, offering trucks, buses, and other utility vehicles.
  • Essential to India's logistics and public transport infrastructure.

19. Ashok Leyland

  • A leader in commercial vehicles and buses, critical for cargo and passenger transport.
  • Known for its reliable trucks and public transport solutions.

20. Hero MotoCorp Limited

  • While primarily known for motorcycles, Hero MotoCorp plays a significant role in the two-wheeler segment and has expanded into electric scooters.
  • Holds a strong market position due to its vast distribution network and affordable models.

The industry reflects evolving trends such as the shift towards sustainable and eco-friendly solutions, as seen with the increasing focus on electric vehicles by both Indian and international manufacturers. Luxury brands like Mercedes-Benz, BMW, and Audi maintain a strong presence in the premium segment, appealing to more affluent buyers with their blend of technology, comfort, and performance.