TOP AUTOMOBILE COMPANIES LIST IN INDIA

India's automobile industry has witnessed significant growth in recent years, emerging as one of the largest and most influential markets globally.

In August 2024 alone, two-wheeler sales reached 1,711,662 units, three-wheeler sales stood at 69,962 units, and passenger vehicle sales totaled 352,921 units. Additionally, the passenger vehicle industry in India achieved a growth rate of 7.5% in the first half of 2024, highlighting the steadily increasing demand for four-wheelers among Indian consumers.

If you're searching for the top automobile companies in India or wondering which brand stands out, this guide will help you explore the Top 12 Automobile Companies in India to make an informed decision.

 

Top 12 Automobile Companies List in India

There are many top automobile companies in India. Here we give a list of the automobile industry in India.

1. Maruti Suzuki

Maruti Suzuki, India’s largest car manufacturer, holds a dominant market share of 41.6% in 2024. Known for its affordable and reliable vehicles, the brand has been a trusted name in Indian households for decades.

• Offers a wide range of vehicles catering to budget-conscious buyers as well as premium segments.
• Renowned for excellent after-sales service and low maintenance costs.
• Focused on customer-centric innovation, including hybrid and electric vehicles.

Upcoming Models of Maruti Suzuki; Dzire 2024, eVX, XL5, WagonR Electric, and Fronx EV are some of the highly anticipated launches slated for 2024–2026.

Market Share	41.6%
Popular models	Swift, Alto, Baleno, Ertiga, Wagon R, Celerio, Brezza, and Ciaz
Sales	2,135,323 units

 

2. Tata Motors

Tata Motors is an iconic Indian brand celebrated for its robust vehicles and innovative engineering. Tata's legacy includes introducing India’s first indigenously developed car, the Indica.

• Focused on sustainability with a commitment to achieve zero emissions by 2045.
• Prioritizes advanced safety standards and cutting-edge design.
• Known for offering vehicles with exceptional build quality and durability.

Tata has innovated electrification and sustainability, with several EVs and hybrid vehicles in development.

Market Share	14%
Popular models	Hexa, Tiago, Indica, Safari, Storme, Nano, punch, Tigor, Altroz, Nexon, Harrier, Nexon EV, Bolt.
Sales	2,15,034 units

 

3. Mahindra and Mahindra

Mahindra & Mahindra, a multinational Indian automobile manufacturer, is synonymous with rugged SUVs and versatile vehicles. It is a market leader in commercial and agricultural vehicles.

• Known for producing durable SUVs like the Scorpio and Thar, catering to off-road enthusiasts and urban drivers alike.
• Offers a diversified portfolio, including motorcycles, three-wheelers, and tractors.

Mahindra aims to launch 16 new models by 2030, with a strong focus on electric vehicles and next-gen technology.

Market Share	11.4%
Popular models	Scorpio, Bolero, Thar, XUV500 and Xylo, Marazzo, XUV400 EV, eVertio
Sales	459,877 units

 

4. Hyundai

Hyundai is India’s second-largest car manufacturer and a global leader in automotive design and technology. Known for stylish vehicles, Hyundai has made a lasting impact on the Indian automobile landscape.

• Offers a wide range of cars, from affordable hatchbacks to luxurious SUVs.
• Known for advanced features, innovative designs, and exceptional fuel efficiency.
• Provides reliable after-sales service, enhancing the ownership experience.

The Creta, i20, and Verna continue to dominate their respective segments.

Market Share	14.9%
Popular models	Santro, Xcent, Verna, Creta, Elantra, Eon, i10 Grand, i10 and Tucson, Kona Electric, Tucson, Venue.
Sales	424,000 units

 

5. Nissan

Nissan entered the Indian market in 2005 and quickly established itself as a reliable brand offering advanced safety features and innovative technology.

• Offers a versatile lineup including SUVs, hatchbacks, sedans, and MUVs.
• Incorporates cutting-edge features to improve customer experience and safety.

Nissan plans to launch five new models by 2026, including the much-anticipated X-TRAIL SUV.

Market Share	1.44 %
Popular models	Magnite, Nissan GT-R.
Sales	4,13,027 units

 

6. KIA

Kia, a relatively new entrant in the Indian market, has quickly become a household name by offering feature-packed cars at competitive prices.

• Known for stylish design and advanced safety features.
• Offers top-notch customer service and affordable maintenance.

Kia plans to expand its lineup with new electric vehicles and advanced SUVs by 2025–2026.

Market Share	5.5 %
Popular models	Carnival, Seltos, Carens and Sonnet
Sales	249,842 units

 

7. Toyota

Toyota, a Japanese multinational brand, is globally renowned for its reliable, durable, and eco-friendly vehicles. Toyota is expanding its presence in India with a focus on clean mobility.

• High resale value and exceptional safety standards.
• Focused on hybrid and electric technologies for a greener future.

Toyota is planning to build a third manufacturing plant in India to meet rising demand and create a global hub for clean technologies.

Market Share	8.1 %
Popular models	Innova Crysta, Urban Cruiser, Glanza, Camry, Fortuner, Hilux, and Vellfire.
Sales	1,70,782 units

 

8. Honda

Honda entered the Indian market in 1995 and quickly gained recognition for its refined engine technology and smooth driving experience.

• Offers a lineup of premium sedans, hatchbacks, and SUVs.
• Known for fuel-efficient engines and innovative features.

Honda is set to launch new SUVs, EVs, and premium vehicles by 2030, supported by a global development platform.

Market Share	2.7 %
Popular models	Honda City, Amaze, Brio, Accord, Civic, Jazz, WR-V, hybrid
Sales	73,526 units

 

9. Renault

Renault is a popular choice for stylish and fuel-efficient vehicles at competitive prices. Its offerings are tailored to budget-conscious consumers who seek value-packed vehicles.

• Known for its well-equipped, affordable vehicles like the Kwid and Duster.
• Focused on fuel efficiency and reducing carbon emissions.

Renault plans to launch six new models, including two electric vehicles, in the next four years.

Market Share	1.30 %
Popular models	Kiger, Kwid and Triber.
Sales	48,321 units

 

10. MG (Morris Garages)

MG Motors, a British car manufacturer, entered the Indian market in 2019 and quickly gained popularity for its advanced features and innovative designs.

• Focuses on technology-driven solutions and superior customer experience.
• Offers a wide range of electric and connected vehicles.

MG is working on expanding into tier-3 and tier-4 cities while establishing an R&D center for futuristic vehicle designs.

Market Share	1.4 %
Popular models	Hector, Hector Plus, Astor, Gloster, and ZEV. ZSEV
Sales	43,200 units

 

11. Skoda

Skoda is synonymous with premium cars that blend elegant design with exceptional durability. It is known for its strong build quality and luxurious offerings.

• Offers a range of stylish sedans, SUVs, and hatchbacks.
• Prioritizes advanced technology and hybrid solutions.

Skoda plans to introduce plug-in hybrids and electric vehicles to meet changing consumer demand.

Market Share	1.19 %
Popular models	Slavia, Kushaq, Octavia, Rapid, Superb
Sales	35,736 units

 

12. Volkswagen

Volkswagen is a global automotive giant and a key player in the Indian automobile industry. It is celebrated for its high-performance vehicles with a solid build.

• Known for exceptional driving dynamics and cutting-edge technology.
• Focused on sustainability and green mobility solutions.

Volkswagen aims to lead the global electric vehicle market by 2025.

Market Share	2.2 %
Popular models	Taigun, Tiguan, Virtus, Polo, T-roc.
Sales	33,190 units

 

Conclusion

India’s automobile industry is thriving, driven by innovation and customer demand. These top 12 companies are shaping the future of mobility, offering a blend of affordability, advanced technology, and eco-friendly solutions.

If you are planning to buy a car in India, consider these brands based on your budget and requirements. Don’t forget to secure car insurance, as it is mandatory under the Motor Vehicles Act, of 1988, and ensures financial protection in case of unforeseen incidents.

 

FAQ

1. Which car company is best in India?

There are many top car manufacturers available in India such as Maruti Suzuki, Tata Motors, Hyundai, Mahindra, Honda, and others.

2. How many car companies are there in India?

Over 35 global and Indian car manufacturers are accessible in India.

3. Where does India’s automobile industry stand globally?

India is the 3rd largest automobile industry in the world in sales and 4th in valuation and production.

4. Which automobile companies in India have the largest global presence?

Mahindra and Mahindra and Tata Motors these two are the largest global automobile companies in India.

5. Which are the top Indian automobile companies in the electric vehicle (EV) market?

There are many companies in the EV market such as Tata Motors, MG, Mahindra and Mahindra, and Hyundai. For EV 2 wheeler companies are Ather, TVS, Hero Electric, Bajaj etc.