top automobile companies in India

Top 10 Automobile Companies in India for 2023

Do you want to know about top automobile companies in India? If yes, find here a list of the top automobile manufacturing businesses operating in the country.

The automobile industry in India is the backbone of the Indian economy. The automobile market in India is expected to grow as per industry experts at a CAGR of 3.05 percent during the time range of 2016 to 2026. The growth is primarily because of the new aspirational middle class having the desire to own world-class vehicles.

Read: How to Start Automobile Service Station Business 

The increase in sales of automobiles has encouraged both domestic and international automobile companies to invest here in this part of the world. Though companies like Maruti Suzuki, Ashok Leyland, Tata Motors, and Mahindra Mahindra dominated the automobile market in the last decade, new multinational players have entered the Indian market in a big way in the present times.

List of 10 Automobile Companies in India

1. Tata Motors

tata motors automobile company in India

Tata Motors is the largest automobile company in Asia. The company was established in the year 1945. It is headquartered in Mumbai, India. Tata Motors reported revenue of around $43.4 billion U.S. dollars in the financial year of 2019. In Indian currency, it is about 3 trillion Rupees.

The wide range of their cars includes Indica and Indigo for the middle class because of the affordability factor, and the state-of-the-art, major luxury cars like the Jaguar and Land Rover. 

The head office of Tata Motors is in Mumbai. The contact address of Tata Motors Limited is mentioned below:

  • Tata Motors Ltd
  • 4th Floor, Ahura Centre
  • 82 Mahakali Caves Road
  • MIDC, Andheri East
  • Mumbai – 400093

2. Hyundai Motor India Limited

Hyundai Motor India Limited (HMIL) is a wholly-owned subsidiary of South Korea-based Hyundai Motor Company (HMC). The company is a strong player in the private car segment of the automobile industry in India.

Cars like Santro, Accent, Verna, etc. are well recognized in India and this company continues to dominate the Indian market as one of the top automobile companies in India.

The corporate office of Hyundai Motor in India is based in New Delhi. The following is the contact address:

  • Hyundai Motor India Limited.
  • Plot No 5, 2nd & 6th Floor
  • Corporate One Baani Building,
  • Jasola Vihar, New Delhi,
  • Delhi 110025

3. Maruti Suzuki India Ltd.

maruti suzuki automobile company in India

The famous company made the dream of owning a four-wheeler for the middle class of the country a reality with their introduction of the Maruti 800. This particular car probably is the most sold in the history of the automobile industry in India.

Over the years Maruti Suzuki has manufactured many famous cars in this country which have now become legendary cars like – Maruti Zen, Omni, Esteem, Swift, etc. Maruti Suzuki especially is well known because of its extensive service network across the country and the cheap spare parts.  

The head office of Maruti Suzuki Motors is in New Delhi. The address of the head office of Maruti Suzuki India Ltd. is mentioned below:

  • Maruti Suzuki India Limited
  • 1, Nelson Mandela Road,
  • Vasant Kunj,
  • New Delhi – 110070, India

4. Mahindra Automotive

Another leading automobile company in India is Mahindra & Mahindra. They started their journey in the automobile industry by selling jeeps back in the late 1940s. Then they slowly developed into a leading company thereby helping people to get hold of utility cars. It was founded in 1945 in Ludhiana. The company is a part of the Mahindra & Mahindra Group. It is the largest tractor manufacturer in India.

Its top products include Mahindra Scorpio, Bolero, XUV 500, XYLO, etc.

The corporate office is located in Mumbai. The address of Mahindra Auto. Distributor Pvt. Ltd. is the following:

  • Mahindra Auto. Distributor Pvt. Ltd.
  • Ashok Nagar
  • Chakravarty Ashok Road
  • Kandivali (East)
  • Mumbai 400101, India.

5. Ashok Leyland

Ashok Leyland is one of the largest Commercial Vehicles, Trucks, and Bus manufacturers in India. The company was founded in the year 1948. It is a part of the Hinduja Group. It is the largest manufacturer of buses in India. In Addition, Ashok Leyland has a glorious history of manufacturing vehicles for the armed forces.

The corporate office is located in Chennai, India. The contact address is the following:

  • Ashok Leyland Ltd.,
  • No.1, Sardar Patel Road,
  • Guindy,
  • Chennai – 600 032, India

6. Hero MotoCorp

Hero MotoCorp formerly Hero Honda Motors Ltd. is the largest two-wheeler manufacturer in the world since 2001. The company presently has an annual combined production capacity of around 9 million units of two-wheelers.

Hero Xpulse, Hero Passion, and Hero Splendor are some of the popular two-wheeler models of Hero MotoCorp.

The corporate office of Hero MotoCorp is in New Delhi. Following is the Contact Address:

  • Hero MotoCorp Ltd,
  • 34, Community Centre,
  • Basant Lok, Vasant Vihar,
  • New Delhi – 110057, India

7. Bajaj Auto

Bajaj Auto is the world’s fourth-largest three and two-wheeler manufacturer in the world. The Bajaj Group is one of the leading business houses in India. The company was founded in the year 1926 and Hamara Bajaj has been a household name for most Indians.

The company boasts some popular motorcycle brands like Pulsar, Avenger, Dominar, etc.

The registered and head office of Bajaj Auto Limited is in Pune. Following is the contact address:

  • Bajaj Auto Limited,
  • Akurdi, Pune – 411035, India

8. Tractors and Farm Equipment Limited

Tractors and Farm Equipment Limited, popularly called TAFE is a leading tractor manufacturing company in India. The company was launched in the year 1960 in Chennai. It is the third-largest tractor manufacturer in the world and the second-largest in India by volume. TAFE holds a 25% market share of the Indian tractor industry.

The Eicher brand of tractors is a household name in the agricultural industry.

The contact address of TAFE is the following:

  • TAFE Motors and Tractors Limited
  • 77, Nungambakkam High Road
  • Nungambakkam
  • Chennai – 600 034, India.

9. TVS Motor

TVS Motor Company is the third-largest two-wheeler manufacturer in India. The company has four manufacturing plants. They are located in Hosur in Tamil Nadu, Mysore in Karnataka, and Nalagarh in Himachal Pradesh.

TVS mopeds are much popular among Indian customers. The TVS XL product line in mopeds sells the most. In the scooter segment, brands like Wego, and Scooty are hugely accepted by Indian buyers.

The registered office of TVS Motors is located in Chennai. The contact address is the following:

  • TVS Motor Company
  • Chaitanya,
  • No. 12, Khader Nawaz Khan Road,
  • Nungambakkam, Chennai – 600006

10. Force Motors

Force Motors is a major player in India in the multi-utility vehicles segment like SUVs, MUVs, SCVs, etc. In addition, Force is presently a major player in the agriculture tractor industry. The company was established in the year 1958.

Some of the major brands of Force Motors are Traveller, Trax, and Shaktiman.

The registered office of Force Motors is in the city of Pune. The contact address of Force Motors is mentioned below:

  • Mumbai-Pune Road,
  • Akurdi
  • City: Pune
  • State: Maharashtra
  • Pincode: 411035

Also, Check: Top Automobile Franchise/ Distribution Opportunities

There are many other automobile companies in India that are as good as those mentioned in our list. This list is prepared taking into account the different verticals of the automobile manufacturing industry.