Automobile Companies are growing swiftly and responsible for the design, development, manufacture, marketing and sales of cars and other vehicles. Automobile Companies manufacture various vehicles like passenger cars, two-wheelers, three-wheelers, commercial vehicles, etc.
The Indian Automobile Industry is a leading automobile industry in the world and among the fastest growing automobile industries in the world. The Indian Automobile Industry has a significant contribution in the country’s economy and accounts for more than 20% of manufacturing GDP.
The hugeness of the Indian Automobile Industry can be traced from the fact that over 2 Crore Vehicles are manufactured annually. Also, the annual vehicle sales in India is more than 40 Lakh, which is expected to increase in upcoming years.
There is always a high demand of automobiles in India, which resulted in the entry of new domestic as well as multinational automobile companies to join the league of automobile makers. Presently, there are more than 30 automobile companies in India, which offer automobiles packed with the latest technology and features. This post describes about the Top 10 Automobile Companies in India:
1. Maruti Suzuki India Ltd.
When its about automobile companies in India, the first name that pops up in the mind is Maruti Suzuki. Maruti Suzuki India Limited is the indisputable leader in the automobile segment and the largest car manufacturer in the country.
Maruti Suzuki India Limited came into existence in the year 1982, when Maruti and Suzuki formed a joint venture. Since its inception the company has grown manifold and presently the market leader with a maximum share of this segment in the country.
Maruti Suzuki mainly makes hatchback and sedan cars, which are most popular in the country. The company holds the maximum share of hatchback cars sold in the market and some of its most selling hatchback cars include Alto, Wagon R, Swift and Estilo.
The company has two manufacturing plants in the country, which has a total production capacity of more than 14 Lakh Vehicles. These two manufacturing facilities are located in Gurgaon and Manesar, whose campus is spread in over 300 acres.
Headquartered in Delhi, Maruti Suzuki India Limited is growing swiftly and in the last financial year, the net sales of the company crossed the mark of Rs 48,000 Crore. Also, the net profit generated by the company was more than Rs 3,700 Crore.
Website: www.marutisuzuki.com
2. Tata Motors
Tata Motors Limited is another big player in the automobile industry and stand at 2nd in the list of top 10 automobile companies in India. Tata Motors Limited is one of the oldest automobile companies in India, which was incorporated in the year 1945.
The company manufacture cars, trucks, buses and utility vehicles, which are of premier quality and packed with the latest technology and features. SUVs made by the company are popular in the country and Tata Safari is one of the most selling SUVs in India.
Trucks and buses made by the company are used in a large number by transport companies. Also, Jaguar and Land Rover, famous car brands were acquired by Tata Motors in the year 2008.
Website: www.tatamotors.com
3. Mahindra & Mahindra
Mahindra & Mahindra Ltd. (M&M) is the next automobile company, which was incorporated in the year 1948. The company makes different types of vehicles like cars, sports utility vehicles (SUVs), two wheelers, commercial vehicles, etc.
SUVs made by the company are quite popular in the country that include Scorpio, XUV 500 and Bolero. It also makes commercial vehicles and Maxximo, Loadking and Genio are some of the most selling commercial vehicles of the company.
Website: www.mahindra.com
4. Bajaj Auto Ltd.
Next on this list is Bajaj Auto Limited, an automobile company incorporated in the year 1945 and manufactures two-wheelers and three-wheelers. A part of the Bajaj Group, Bajaj Auto Ltd is known for its quality and features packed products.
Pulsar is the most successful and popular motorcycle brand of the company, which made debut in the market in the year 2001. Pulsar has outnumbered all bike brands present in the segment and available in different variants like 150 cc, 180 cc, 200 cc, etc.
Website: www.bajajauto.com
5. Hyundai Motor India Ltd.
Incorporated in the year 1996, Hyundai Motor India Limited stand at 5th in the list of top 10 automobile companies in India. The company manufacture cars across different segments like sedan, hatchback and SUV, which is exported to over 80 countries in the world.
The company has recently launched a SUV called Creta, which has a perfect blenf of power and technology. Eon, Xcent, i10 and Verna are the most selling cars of the company.
Website: www.hyundai.co.in
6. Hero Motocorp Ltd.
Hero Motocorp Limited is the next automobile company, which was previously known as Hero Honda and came into existence in the year 1984, when Hero Cycles and Honda formed a joint venture. Later in the year 2010, Honda moved out of this joint venture and the name changed to Hero Motocorp Limited.
Hero Motocorp offers some of the most selling motorcycles in India, including: CD Dawn, Splendor Plus, Splendor NXG, super splendor and Passion Pro, with “Splendor” being the most popular brand of the company.
Website: www.heromotocorp.com/
7. Eicher Motors Ltd. (EML)
7th position on this list is occupied by Eicher Motors Ltd, an Indian Automotive company incorporated in the year 1948 and manufacture commercial vehicles. The company manufacture commercial vehicles like tractors, buses, trucks, etc.
Apart from commercial vehicles, the company also manufactures automotive gears. Royal Enfield, the famous iconic motorcycle brand in India is owned by Eicher Motors Limited.
Website: www.eicher.in
8. Honda Motors India
Honda Cars India Ltd is ranked 8th in the list of top 10 automobile companies in India. Honda Cars India Ltd came into existence in the year 1995, when Honda Motor Company and Usha International formed a joint venture.
The company is known for manufacturing cars packed with the latest technology and features. HCIL product portfolio includes Honda Amaze (the low class sedan), Honda City, Honda Civic and Honda CR-V (one of world’s top most SUV).
Website: www.hondacarindia.com
9. Toyota Kirloskar Motor Private Ltd.
Toyota Kirloskar Motor Private Ltd is next on this list, which is the Indian subsidiary of Toyota, a Japanese multinational corporation. The company made debut in India in the year 1997 and within a short span of time, it emerged as a leading automobile company in India
The company world’s largest manufacturer of Cars and responsible for making some of the most popular cars in India, including: Toyota Fortuner (one of the most popular SUVs in India), Toyota Etios, Toyota Corolla Altis, Toyota Innova, Camry etc.
Website: www.toyotabharat.com
10. Ashok Leyland
Last place on this list is occupied by Ashok Leyland, an automobile company incorporated in the year 1948 and presently a leading commercial vehicle manufacturer in India.
Website: www.ashokleyland.com
The post Top 10 Automobile Companies in India appeared first on Listz.