The Automotive industry is gaining foreign investment day by day. As before, there are no various types of cars available in India. After adapting the forigen technology, the automobile sector has seen immense growth.
Today the Indian market is blessed with the latest technology in cars. There are various organizations in this field, and some are ruling the market with their advanced touch.
Every Company in the automobile industry is working on launching a new model. In order to stay in the competitive world they are working hard. You must be surprised that in India, there is a huge demand for the latest model of automotive machines.
Some of the names leading the automotive industry in India are Maruti Suzuki, Tata Motors, Mahindra & Mahindra and more.
So, let’s talk in detail about the top listed companies in India.
A very famous brand in the automobile industry in India is Maruti Suzuki. It has a huge market share and become the people’s first choice for so many years. The most famous car of the early 20th century is the Alto & that belongs to this.
Now the Company offers various latest car models, which includes the amazing car designs and features that differ from the competition.
It is one of the leading automotive industry in India. Organization is providing services since 1945, from Ludhiana. You will find it as a part of India’s leading business group. The top models are Xylo, xuv 500, bolero, etc.
Mahindra & Mahindra is the largest vehicle manufacturer in India. Its most famous model is the Mahindra Marazoo.
It is a top Indian multinational vehicle company. Mumbai serves as the Company’s headquarters. The business creates a variety of vehicles under the same name, such as Tata Aria crossover, Sumo and Safari SUVs, Xenon XT lifestyle pickup, and the Venture.
It is a top producer of buses and vehicles as well. It is among the top ten automakers in India. The Company has its branches in more than 160 nations throughout the world.
In India, Hyundai Motor is the second-largest automaker. Even in the Middle East and Africa, it is India’s top exporter of passenger cars.
Hyundai’s flagship model, Santro, was a success and helped the Company win over Indian car enthusiasts. Hyundai Motors produced over 521,000 automobiles for the local and international markets in 2017 and 2018.
With the most cutting-edge production, quality control, and testing capabilities, Hyundai has two manufacturing facilities in Chennai. Hyundai Motor India’s top-selling models are the i10 and i10 Grand, Eon, Xcent, Santro, Elantra, Verna, Creta, and Tucson.
It’s a partnership between the Kirloskar Group and the Toyota Motor Corporation. Toyota Kirloskar Motors Pvt Ltd was founded in 1997. The business has quickly expanded to become a significant player in India’s passenger vehicle and MUV markets.
The business’s main office is in Bidadi, Bangalore, Karnataka. The Japanese Toyota Motor Corporation’s subsidiary is Toyota Kirloskar Motor Pvt Ltd. This is the best Company in the Automotive industry.
These are the top companies that own the automotive industry in India. I hope this will help you!