Top 10 Automobile Companies in India 2020

List of Top Car Companies in India 2020

Here, list of automobile companies in India.

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List of Indian Car Companies

Here, car company list in India or four wheeler car company list.

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List of Top 10 Automobile Companies in India with Revenue

Here, list of automobile manufacturers in India.

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Best Auto Mobile Brands

Here, listed AutoMobile Companies in India As Per Rating

Vehicle Domestic Market Share in 2020

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List of Top 10 AutoMobile Industry in India[ Auto sector companies in India ]

Here, list of AutoMobile Industry in India.

• Tata Motors Ltd.
• Maruti Suzuki India Ltd.
• Mahindra & Mahindra Ltd.
• Hero MotoCorp Ltd.
• Bajaj Auto Ltd.
• Ashok Leyland Ltd.
• TVS Motor Company Ltd.
• Eicher Motors Ltd.
• Force Motors Ltd.
• SML ISUZU Ltd.

1. Tata Motors Ltd

Tata Motors Ltd is the biggest automobile company in India and one of the leading Automobile Companies in the world, providing mobility solutions to over 175 countries.

The portfolio includes a wide range of cars, utility vehicles, trucks, and buses. Tata Motors Ltd is the largest automobile company in the list of Top 10 Automobile Companies in India.

Tata Motors is the india top automobile company. Tata Motors Ltd is the best indian automobile company.

Tata Motors has a global network of 134 subsidiaries, joint ventures, and associate companies, including the Jaguar and Land Rover in the UK and the Tata Daewoo in South Korea.

Tata Motor Ltd offers automotive products, ranging from 1 tonne to 49 tonnes Gross Vehicle Weight (GVW) trucks, large, medium, and small buses and coaches, and passenger vehicles.

Tata Motor Ltd is the leader in India’s CV market with a market share of 45.1% and sales of 4,68,788 vehicles in FY 2018-19 and has gained market share in the heavy and medium Commercial Vehicle (MHCV), Intermediate Light Commercial Vehicle (ILCV) and Small Commercial Vehicle (SCV) segments.

Tata motors Revenue is over INR 296000 Crores with Employees 82 thousand and more.

Tata Motors Ltd is one of the best Automobile Companies in India and in the world and giving transport solutions to 150+ countries.

It is a leading MNC Indian automobile company. The company is headquartered in Mumbai.

• Revenue: Rs 296,917 Cr
• Market Cap: Rs  41,562 Cr.
• Employees: 82,797
• Promoter holding: 38.37 %

• Market share

  • Passenger Vehicles: 6.3%
  • Commercial Vehicle: 45.1%

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2. Maruti Suzuki India Ltd

Maruti Suzuki is a market leader in the passenger vehicle segment in India. Maruti Suzuki was established in the year 1981. 

Maruti Suzuki Motor Corporation (SMC) joint venture with Government of India in Japan year 1982.

Maruti is the Second Largest Automobile Companies in India by the Revenue. Maruti Suzuki largest car company in India based on Market share.

Maruti Suzuki Ltd has two state-of-the-art manufacturing facilities located in Manesar and Gurugram in Haryana, with an annual production capacity of 1.58 Million Units Per Annum.

Maruti Suzuki India Limited earned revenue of INR 83,000 Crores with more than Employees: more than 33 thousand. Maruti holds its position as the market leader in the passenger vehicle area in India. 

Maruti is the 2nd biggest Auto Mobile Corporations in India by Income. 

• Revenue: Rs 83,281 Cr
• Market Cap: Rs 199,130 Cr.
• Employees: 33,180
• Promoter holding: 56.21 %

• Market share

  • Passenger Vehicles: 53 %

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3. Mahindra & Mahindra Ltd.

Mahindra & Mahindra Limited, a mobility products, and farm solutions provider, is the flagship company of the Mahindra Group. It is one of the leading car companies in India.

Since assembling the first vehicle in 1947, The Company has grown rapidly. It is the Third Largest Automobile Companies in India by Total Sales.

It is one of the leading Indian automobile companies. Mahindra and Mahindra Limited have earned a revenue of INR 53,000 Crores with an Employee capacity of over 42 thousand people.

Mahindra & Mahindra produces various products such as Commercial Vehicles, Bikes, SUVs, Tractors, and also construction pieces of equipment and farm solutions providers started in the year 1947, Mahindra and Mahindra is a company that comes under Mahindra Groups.

Now it is India’s third-biggest Automobile Company when we consider the sales of this company. Mahindra and Mahindra Ltd was founded in the year 1945 in Ludhiana.

The company is a part of the Indian Leading business group, Mahindra. Mahindra and Mahindra Limited is the largest tractor manufacturer company in India.

Mahindra & Mahindra is India’s top SUV manufacturing company that produces two-wheelers, bus, pickup, tempo, trucks, and commercial vehicles. Its top products include Mahindra Scorpio, Bolero, XUV 500, XYLO, etc.

• Revenue: Rs 53,017 Cr
• Market Cap: Rs 70,725 Cr.
• Employees: 42,875
• Promoter holding:18.90 %

• Market share

  • CV: 25.3%
  • Passenger Vehicles: 7.4%
  • Tractor: 40.2%.
  • UV: 25%
  • LCV : 44.5%

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4. Hero MotoCorp Ltd

Hero MotoCorp Ltd is World’s largest two-wheeler manufacturer in India, started in the year 2001. Hero MotoCorp is previously known as Hero Honda.

 Hero MotorCorp was started by Raman Kant Munjal Foundation in the year in the year 1992. Hero MotorCorp has won various awards and reorganizations.

In the year 2012, the company received the award of ‘Best Value for Money Bike Maker’ award.

Led by Dr. Pawan Munjal, is Chairman of Hero MotoCorp, it has taken rapid strides to expand its presence to 37 countries across Africa, Asia, and South & Central America.

90+ million satisfied customers worldwide, it continues to champion socio-economic progress and empowerment through its range of products and services.

Hero MotorCorp is the 4th largest Automobile company in India with revenue of more than 32 thousand crores and an employee strength of over 50 thousand. 

Hero MotorCorp became the only Indian two-wheeler company to set up a manufacturing base in the Latin America when it was started operations at its manufacturing facility in Colombia in the year 2016.

Hero MotoCorp Ltd currently has an annual combined production capacity of around 9 million units of two-wheelers. The is the fourth largest automobile company among the Top 10 Automobile Companies in India.

Hero MotoCorp is the dominant market leader in India – the world’s largest two-wheeler market – with over 50% share in the domestic motorcycle market. 

Hero MotoCorp has seven globally benchmarked manufacturing facilities, including five in India and one each in Colombia and Bangladesh.

• Revenue: Rs 32,871 Cr
• Market Cap: Rs 57,180 Cr
• Employees: 8,551
• Promoter holding: 34.63 %
• Market share: 36.0%

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5. Bajaj Auto Ltd

Bajaj Auto Ltd present in India 70+ nations. Bajaj Auto Ltd is the largest manufacturer of three-wheelers and the world’s 3rd largest manufacturer of motorcycles.

Bajaj group was started by Mr. Jamnalal Bajaj in the year 1940. Bajaj was started by selling and imported two or three-wheelers. In the year 1960, Bajaj Auto Ltd became a public ltd company.

Headquartered of Bajaj Auto Ltd in Pune. Bajaj brand is a well-known brand in several countries in the Middle East, South, Latin America, Africa, and Southeast Asia.

Bajaj Auto also sells scooters, auto-rickshaws, and motorcycles. Bajaj Auto Ltd has plants in different Indian locations includes Chakan, Waluk, Pantnagar, etc.

Bajaj Auto Ltd is one of the best brands of automobiles With a revenue of 30 thousand + crores, and market capital of 84 thousand crores, and an employee strength of 8 thousand.

Bajaj auto also holds a 48% share in KTM of Austria, which is one of the most popular bike brands among younger generations.

Bajaj Auto Ltd is fifth in the list of Top 10 Automobile Companies in India.

• Revenue: Rs 30,598 Cr
• Market Cap: Rs 84,763 Cr.
• Employees: 8,064
• Promoter holding:53.52 %
• Market share: 18.7%

Few of the new releases of Bajaj Auto Limited are as follows-

• Bajaj 150 Scooters
• Bajaj Chetak
• Bajaj IntraCity
• Bajaj KTM
• Kawasaki Bajaj 4S Champion
• Bajaj Platina and lots more

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6. Ashok Leyland Ltd

Ashok Leyland Ltd, one of the top 10 automobile companies in Chennai, is the leading Indian Automobile manufacturing company. Headquartered is located in Chennai, India, and Ashok Leyland Ltd was founded in the year 1948. 

Ashok Leyland Ltd, a top automobile company, is a leading manufacturer of trucks and buses. Ashok Leyland Ltd is a leader in the bus industry. It has also joint ventured with Nissan Motors.

Ashok Leyland Ltd has revenue of INR 28 thousand crores and a market capital of 20 thousand crores, and an employee strength of over 12,000.

Ashok Leyland Ltd is the flagship company of the Hinduja group.

Ashok Leyland holds 2nd position in largest manufacturer of commercial vehicles in India, and 4th position in largest manufacturer of buses in the world, and 10th position in largest manufacturers of trucks.

Nine manufacturing plants give an international footprint – 7 in India, a bus manufacturing facility in Ras Al Khaimah (UAE). 

Ashok Leyland Ltd has recently been ranked as the 38th position in the best brand in India.

Ashok Leyland Ltd has a product range from 2.5T GVW (Gross Vehicle Weight) to 49T GTW (Gross Trailer Weight) in trucks, 16 to 80 seater buses.

• Revenue: Rs 28,476 Cr
• Market Cap: Rs 20,314 Cr
• Employees: 11,966
• Promoter holding:51.13 %

Market share

• M&HCV Bus segment: 41.2%

The product range of Ashok Leyland company includes:

• DOST
• Boss
• U-Truck
• Minivan

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7. TVS Motor Company Ltd

TVS Motor Ltd Company, a prominent name in the top 10 automobile manufacturing companies in Chennai, is the third-largest two-wheeler manufacturer in India, with a revenue of INR 16000 Cr in the year 2017-18. Tata Motor has an annual production capacity of 4 million 2 wheelers & 120,000 3 wheelers.

TVS Group spans across industries like Automobile, Aviation, Education, Electronics, Energy, Finance, Housing, Insurance, Investment, Logistics, Service, and Textiles. Has over 90 Companies under the umbrella.

TVS Motor has four manufacturing plants, three located in India in Hosur in Tamil Nadu, Mysore in Karnataka and Nalagarh in Himachal Pradesh, and one in Indonesia at Karawang. 

The company is one of the Top 10 Automobiles Company in India.

TVS Motor Ltd is the 3rd largest two-wheeler producer and manufacturer company 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 Motor Group operates in many sectors such as Education, Textiles, Logistics, Insurance, Automobile, Electronics, Aviation, etc. 

Its export business is spreading over 60 countries. It has won many awards. YVS Motors is engaged in the manufacturing of motorcycles, scooters, mopeds, three-wheelers, parts, and accessories.

• Revenue: Rs 15129 Cr
• Market Cap: Rs 20,178 Cr
• Employees: 5121
• Promoter holding:57.40 %

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8. Eicher Motors Ltd

Eicher Motors Limited (EML), a notable name in the top 10 automobile companies in Pune, is listed as a parent of Royal Enfield, the global leader in middleweight motorcycles. Eicher Motors Ltd is the king of two-wheelers in India.

Eicher Motors Limited (EML) is the world’s oldest motorcycle brand in continuous production, Royal Enfield has made its distinctive motorcycles since 1901.

It’s the Royal Enfield of Eicher Motors Limited. Royal Enfield has produced its peculiar motorbikes since 1901. 

With advanced and modern development plants in Leicestershire, UK and Chennai, India, Royal Enfield make its motorcycles in Tamil Nadu is in the southern part of India for the world.

In addition to motorcycles, Eicher Motors Ltd has a joint venture investment with Sweden’s AB Volvo (Volvo Eicher Commercial Vehicles Limited-VECV), which is making modernization in India’s commercial vehicle, and in other developing countries as well.

Volvo Eicher Commercial Vehicles has a complete range of trucks and buses from 5-55 tones, and it has an integrated manufacturing plant in Pithampur, Madhya Pradesh is the global hub for medium-duty five- and eight-liter engines for Volvo Group.

The company is 8th in the list of Top 10 Automobile Company in India.

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9. Force Motors Ltd

Force Motors Ltd, ranking among the top 10 car companies in India, was established in the year 1958 by Dr. N. K. Firodia, with the aim to provide affordable commercial transport for the common people by harnessing the best available technology and offering economical, reliable, and efficient products.

Force Motors product range includes Special Utility Vehicles (SUV), Light Commercial Vehicles (LCV), Multi-Utility Vehicles (MUV), Small Commercial Vehicles (SCV), and Agricultural Tractors.

Force Motors is 9th in the list of Top 10 Automobiles Companies in India.

• Turnover: Rs 3,487 Cr
• Market Cap:  1,155 Cr.
• ROE: 7.67 %
• Sales Growth (3Yrs): 6.48 %

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10. SML ISUZU Ltd

SML Isuzu Ltd (SMLI), part of the indian car company list 2020, is a reliable and trusted commercial vehicle manufacturer since 1985.

It has 33+ Years of experience in producing Medium and Light commercial vehicles to satisfied Indian customer needs.

SMIL Isuzu is the first Company to manufacture and supply state the artfully built Buses, Ambulances, and customized vehicles. It is the last on the list of top Automobile Companies in India.

 Japan and Isuzu Motors, Sumitomo Corporation, Japan respectively hold 15% and 44% shareholding in the Company. 

SML Isuzu is the first organization to produce and provide best-built quality Ambulances, Trucks, Buses, and other personalized vehicles. It comes last in the list of top Auto Companies in India.

• Turnover: Rs 1,312 Cr
• Market Cap:  555.36 Cr.
• Dividend Yield: 0.78 %
• ROE: 4.79 %
• Sales Growth (3Yrs): 6.51 %