When we start driving cars or any other vehicles, we never think of how the auto industry is doing and how different companies in the auto sector are performing. We are also not paying heed to important websites such as iscoupon.com which offers deals and coupons on Automotive parts and components. Here we have prepared a list of Top Auto Companies in India based on the sales value they have made in the current year.
List of Top Automobile Indian Companies
Here is a listing of top companies in the Auto Industry. The rank list is based on the revenue of the company in the year 2019 and 2023
1. Tata Motors
Tata motors Revenue is more than INR296000 Crores with Employees counting to 82 thousand and more. Tata Motors is one of the best Automobile Companies in India and the world, giving transport solutions to over 150 countries. The collection covers a wide variety of cars, service vehicles, buses, and Trucks. The Company has a robust global chain of more than 130 subsidiaries, partner companies and joint enterprises where it has its joint venture with Tata Daewoo in South Korea and Jaguar in the United Kingdom. TML offers automotive products, ranging from sub-one-tonne to 49-tonne Gross Vehicle Weight (GVW) trucks, small, medium, and large buses and coaches and passenger vehicles.
2. Maruti Suzuki India Limited
Maruti Suzuki India Limited earned revenue of INR83,000 Crores with more than Employees: 33 thousand plus. Maruti holds its position in the market leader in the passenger vehicle segment in India. The Company was founded in 1981. A joint investment contract was signed between the Indian Government and Suzuki Motor Corporation of Japan in 1982. Maruti is the 2nd biggest Auto Corporations in India by the Income. The Company has two biggest production buildings established in Gurugram and Manesar which is situated in Haryana, both the facilities have the capacity to produce more than 1.6 million units per annum.
3. Mahindra & Mahindra Limited
Mahindra and Mahindra Ltd have earned a revenue of INR 53,000 Crores with an Employee capacity of more than 42 thousand people. Mahindra & Mahindra Limited produces various products such as SUVs, Tractors, Commercial Vehicles, Bikes and also construction pieces of equipment and farm solutions providers Founded in the year 1947, Mahindra and Mahindra is a company which comes under Mahindra Groups. Since its foundation, there is no stopping to Mahindra and Mahindra and it has produced some of the amazing vehicles. Now it is India’s third biggest Automobile Company when we consider the sales of this company.
4. Hero MotoCorp
Hero MotoCorp previously known as Hero Honda. It is the 4th largest Automobile company in India with a revenue of more than 32 thousand crores and an employee strength of more than 50 thousand. It has made it’s presence countries across Asia, Africa, and South & Central America. This company is also the World’s largest bike or two-wheelers producing company with more than 100 million happy customers. Hero MotoCorp has a production volume of about 9 million units of two-wheelers. It is one and only company in the world with more than 50% in the bike industry.
5. Bajaj Auto Limited
Bajaj is the third-largest producer of motorcycles and bikes in the world. it also holds the top position in the production of 3 wheelers in the world. With a revenue of over 30 thousand crores and market capital of 84 thousand crores and an employee strength of 8 thousand, it is ranking 4th largest manufacturers of two and three-wheelers combined. Bajaj also holds a 48% share in KTM of Austria which is one of the popular bike brands among younger generations.
6. Ashok Leyland
Ashok Leyland which is a flagship company of Hinduja Group holds the position of the 2nd largest manufacturers of commercial vehicles. It is the fourth biggest producer of Buses and tenth producer of trucks in the World. It has a revenue worth INR 28 thousand crores and a market capital of 20 thousand crores and an employee strength of more than 12,000.
7. TVS Motor Company Limited
TVS Motor Company is the 3rd largest two-wheeler producer in India, it has a revenue of INR 16,000 crores and the market capital of this company is INR 20,000 Crores and an employee strength of more than 5000. TVS Group operates in many sectors such as Automobile, Electronics, Logistics, Insurance, Aviation, Education, Textiles, etc. TVS motors have their production and manufacturing facilities located in Tamilnadu, Himachal Pradesh, and Karnataka. It also has one plant in Indonesia.
8. Eicher Motors Ltd
Here comes the king of two-wheelers of in India, yes. Its the Royal Enfield of Eicher Motors Limited. Royal Enfield has produced its peculiar motorbikes since 1901. With advanced development plants in UK and Chennai, India, Royal Enfield makes its motorbikes in Tamil Nadu which is in the southern part of India for the world. In addition to motorcycles, Eicher Motors has a joint investment with Sweden’s AB Volvo which is making modernization in India’s industrial vehicle, and in other countries as well.
9. Force Motors Ltd
Mr. Firodia who is the founder of Force Motors Limited has established this company back in 1958. He has a mission and dream to make commercial vehicles affordable to common people. Today Force Motors provides Small Commercial Vehicles, SUVs, Light Commercial Vehicles and tractors for farming at an affordable cost.
10. SML ISUZU Limited
SML Isuzu Limited is a committed and trustworthy industrial carrier manufacturer in India. It has over thirty three years of expertise in manufacturing Light & Medium commercial vehicles to the Indian market needs. SML is the first organization to produce and provide best-built quality Buses, trucks and Ambulances and other personalized vehicles. It comes lowest in the list of top Auto Companies in India.