Want to know about Car companies in India? Well you have landed on the right article, Four-wheelers are quickly becoming the preferred method of transportation among Indians as their income levels rise and their lives improve.
Gone are the times when having a four-wheeler was a pipe dream for the average Indian family.
Almost every Indian household in the medium and upper income groups now possesses at minimum one, if not, even more, automobiles.
In India, the vehicle industry has grown significantly during the last few decades.
There has been a dramatic transformation in the sector from the days when it was mostly dominated by foreign vehicle manufacturers and their proprietary technologies to the contemporary day, when Indian automobile makers have a big portion of the market.
Some of the Car Companies in India (2022)
1. Maruti Suzuki
About the company - On February 24, 1981, Maruti Udyog Limited was established.
It was founded in Gurugram, Haryana, in 1981, and has since formed a partnership with the Japanese Suzuki corporation.
About the owner/key people - R. C. Bhargava is the respected Chairman of the Company and Kenichi Ayukawa is the managing director and the CEO of the firm
The history of the company - The Maruti Suzuki was introduced in 1989. Maruti Suzuki 1000 is the company's first automobile, with a 970cc engine.
When it comes to safety, Maruti Suzuki has a small number of vehicles in its lineup that have received more than a 3-star rating from the Global NCAP.
Top selling cars of the company - Automobiles such as the Alto as well as Swift have received a five-star rating. It's worth noting that these two models have been the best-selling models in India for the past 16 years.
Turnover of the company - The company had a revenue of 78,994 crores and then a net income of 5,559 crores in the annual year 2019-20.
Prices of some best selling cars - Maruti Suzuki has been one of India's premier vehicle manufacturers, with a branded product that is recognized in practically every Indian home and an emphasis on customer service and product happiness.
The company provides affordable as well as luxury cars to the diverse Indian target audience.
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2. Hyundai motors
About the company - For the first period, the Hyundai Santro became successful in attracting a number of buyers in a short period of time, putting Maruti Suzuki in direct competition.
Hyundai is known for producing premium sedans and SUVs.
About owner - The CEO of the company is Bo Shin Seo since 2012.
The history of the company - Hyundai Motors is indeed a South Korean automobile manufacturer that began operations in India on May 6, 1996, under the name Hyundai Motors India.
This has been a component of India's automobile industry since 1996. Since then, the business has remained at the top of the sales rankings.
Top selling cars of the company - Hyundai's premium cars include the Verna and Elantra. Tucson as well as Santa Fe are two SUVs in the sector that are noted for their high-end amenities.
Turnover of the company - Hyundai, after Maruti Suzuki, has the highest market share of 16.2 percent as of February 2019.
Prices of some best selling cars - For a long time, Hyundai has already been known for providing a wealth of amenities and safety. Hyundai has unveiled the Aura, a tiny car that resulted in a new popular Creta brand's new generation.
The Hyundai Creta 2020, which was released just before the lockdown, has received a lot of interest.
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3. Tata Motors
About the company - Tata Motors is a multinational automotive manufacturing firm based in India that is noted for producing the safest vehicles.
About owner - The company is owned by Tata Sons
The history of the company - It was formed in 1945 and began manufacturing passenger cars in 1988. Tata does not only make automobiles.
Trucks, buses, coaches, vans, sports cars, construction equipment, and military vehicles are all manufactured by them.
The indigenous company, which is known for its tough and daring SUVs and automobiles, was founded in 1991 by the release of the Tata Sierra. The Tata Sumo, India's first SUV, was unveiled in 1994.
Top selling car of the company - Tata Motors also introduced the 'Nano,' the world's cheapest automobile, in 2008. However, the vehicle fell short of the company's expectations. In actuality, Tata only sold one unit of the automobile in 2019.
Turnover of the company - The total market cap of the company is estimated to be around 20.20 billion USD.
Prices of some best selling cars - With the release of Indica in 1998, the genuine quest for victory began. Maruti Suzuki, for example, already had complete control of the market. However, its aggressive marketing campaign, outstanding fuel efficiency, and strong engine earned it India's best-selling automobile.
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4. Toyota Kirloskar
About the company - Toyota Motors is indeed a Japanese corporation with headquarters in Japan (auto companies in India).
Toyota is Japan's largest automaker and the world's second-largest, with Volkswagen in the first place.
About owner - Close to 89% of Toyota Kirloskar shares are presently held under Toyota Motor Corporation (TMC) and the remaining 11% is occupied by the Kirloskar Group.
The history of the company - The Japanese brand returned to India in 1999, 18 years after the original Suzuki entry.Toyota's first vehicle was the Qualis, a multipurpose vehicle.
It acquired a lot of traction in India because of its multi-purpose capabilities, inexpensive costs, and more than enough engines.
Top selling car of the company - Toyota also released the Innova MPV. At the time, the rear-wheel-drive Innova was packed with features while remaining inexpensive. This is why the MPV is one of the most popular MPVs in all history.
Since its start, Innova has dominated the market.Turnover of the company - The approximate revenue range of the company as on 31st March 2021, was expected to be around 500 CR.
Prices of some best selling cars - In the meanwhile, in 2009, Toyota debuted the Toyota Fortuner. Since then, the SUV has become a hit with SUV purchasers and is one of the best-selling models in the market.
In 2003, Toyota entered the sedan market with the Corolla. It carried with it a high level of dependability, comfort, and luxury, raising the bar for a luxurious lifestyle in the sedan category.
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5. Kia Motors
About the company - Kia Motors is a South Korean automobile manufacturer with headquarters in Seoul. Kia Motors will make its debut in India in July 2019
About owner - Kia Motors is a subsidiary of Hyundai Motor Co. The company holds close to 33.33% total shares of Kia Motors.
The history of the company - Kia Motors joins the Indian market with its first SUV, the Kia Seltos, which is a game-changer.Kia is the newest addition to India's automobile sector.
The Kia Seltos, which was the company's first vehicle, was a huge hit on the market. Seltos quickly became the best-selling automobile in the segment. It's packed with features and has a powerful engine.
Top selling car of the company - Kia established a strong presence in a market that was already experiencing low sales. It demonstrated the enormous potential of the Indian market. Kia also debuted a luxury MPV, the Carnival, this year, which has drawn a lot of interest.
Turnover of the company - The total market turnover of Kia Motors is estimated to be around 17,000 CR.
Prices of some best selling cars - Kia has stated that a new automobile will be released every six months. The Kia Sonet is likely to be the next vehicle to be released.
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6. Skoda Auto
About the company - Skoda is the brand name for Skoda automobiles. It is indeed a Czech manufacturer of automobiles.
About owner - Klaus Zellmer is the present CEO of Skoda Auto and the company was initially founded by Václav Laurin and ‎Václav Klement.The
History of the company - It was created in 1895 and has been a member of Indian automobile manufacturers. In 2001, the German automaker, recognized for its cutting-edge technology and inventions, arrived on our shores.
Top selling car of the company - The Octavia was the first vehicle to be released. The Octavia's premium sector features, handling, good fuel efficiency, and inexpensive initial pricing made it a success in India.
Since then, the business has launched cars in India such as the Skoda Rapid, Fabia, Laura, and Superb.
Turnover of the company - As of 31st March, 2022, the estimated turnover of the company is expected to be around 17.7 Billion Euros.
Prices of some best selling cars - Laura and Fabia are no longer available. In 2017, Skoda introduced the Kodiaq in India. Skoda Octavia RS was unveiled just at Auto Expo 2020 and has been available at dealerships.
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7. Mercedez Benz
About the company - In India, there are numerous automobile manufacturers, with Mercedes being the most well-known.
About owner - Daimler-Benz was the initial founder and owner of the company. The present CEO of the organization is Ola Källenius.
The history of the company - It was established on June 28, 1926. Karl Benz was the company's founder. The company's headquarters are in Stuttgart, Germany, and it sells its goods all over the world.
Mercedes-Benz is a German automaker that produces some of the country's most luxurious vehicles.
Top selling car of the company - P.S. Force Motors has long been a supplier of Mercedes-Benz powertrain components. The E-Class, G-Class, S-Class, and V-Class Marco Polo are just a few of Mercedes' premium options.
Turnover of the company - As of 2021, the total turnover of the company was expected to be around 133.9 Billion Euros.
Prices of some best selling car - The A-Class is the cheapest Mercedes to date, with a base price of 28 lacs. Daimler announced a number of acquisitions and agreements with vehicle startups focusing on car sharing in 2017, in what it sees as a move toward the next phase of automobile ownership and usage.
Transitioning from an automotive producer to a transportation service company is part of their company strategy.
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8. Volkswagen AG
About the company - Volkswagen is indeed a German automobile manufacturer that was established in 1937.
Its headquarters are in Wolfsburg, Germany, and it is the world's largest automaker.
Volkswagen AG is the owner of half of the world's vehicle brands. However, when it comes to its own products, there isn't much to choose from.
The CBU path that companies are utilizing nowadays to import automobiles like Troc to India is driving up car prices.
This is the primary cause for the company's lack of presence in comparison to its subsidiaries.
About owner - The company is owned and operated under the Porsche family.
The history of the company - The company's increasingly unstable finances, combined with competition from compact cars with more current styling, forced a shift in corporate strategy toward manufacturing more contemporary as well as sportier car models. As a result, starting in the 1970s, Volkswagen decided to phase out rear-engine cars in favor of front-engine front-wheel-drive vehicles.
Top selling car of the company - The short-lived K70 was the first of these new automobiles, succeeded by the Passat in 1973. The Golf, which was released in 1974 and was formerly known as the Rabbit there in the United States, was the most significant.
Turnover of the company - The estimated turnover of the company is expected to be around 222.9 Billion Euros.
Prices of some best selling cars - The Golf had been an instant hit, effectively displacing the Beetle inside the Volkswagen portfolio and eventually becoming the company's best-selling model globally.
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9. Honda
About the company - Honda is indeed a Japanese automaker that specializes in the production of cars, motorcycles, as well as power equipment.
The owner - Soichiro Honda was the founder of the company.
The history of the company - It was incorporated on September 24, 1948, after being created in October 1946. Honda's headquarters are already in Minato, Japan, Tokyo.
The Japanese brand, noted for its futuristic engineering and design, first arrived in India in 1995.
Top selling car of the company - The Honda City, India's favorite sedan, is one of the company's most popular vehicles. Since its inception, Honda has indeed been known for providing everything from fuel economy to power to pleasure and design in its vehicles.
Turnover of the company - The company produced a complete revenue of 16,593.87 crores in the calendar year 2018-19.
Prices of some best selling cars - Cars such as the Honda Accord, Civic, Amaze, and Jazz have been well-received. In the segment, the Honda Brio was another top seller.
Within a few months, Honda will launch the all-new version of Honda City in India. Thailand has already launched the fifth generation of City.
New products are being developed that continues the company's legacy of excellent design, innovation, durability, and fuel economy.
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10. Renault
About the company -It is a French automobile manufacturer with headquarters in Boulogne Billancourt.
The company has produced several fantastic automobiles that have been operating in India for quite some time.
About owner - Louis Renault, Marcel Renault, with Fernand Renault created the company.
The history of the company - Renault was founded on February 25, 1899, 121 years ago. As warnings of an impending World War arose, Renault shifted its concentration to cargo trucks and buses.
Renault began producing ammunition and military aircraft engines for Rolls-Royce during World War I (Rolls-Royce engines had a Renault V8 unit).
Renault resumed commercial vehicle production after the first World War ended, and began producing agricultural as well as industrial gear as well.
Top selling car of the company - Renault India is recognized for vehicles such as the Duster, Kwid, Scala, and others.
Turnover of the company - As of 2021, the total market turnover of the company was estimated to be around 46.21 Billion Euros.
Prices of some best selling cars - The Renault Duster is scheduled to return with the segment's most powerful engine, which will undoubtedly take the industry by storm.It will be powered by a 1.3-liter turbocharged engine, which will be the most powerful in the sector.
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11. Jeep
About the company -The company's headquarters are in Toledo, Ohio, in the United States.
The Jeep Compass compact SUV was debuted in India in April 2017 and is produced at the FCA factory in Ranjangaon, Maharashtra, near Pune.
The same factory is also utilized to produce export-spec Compass models that are sent to other RHD markets.
About owner - The company is part of the Chrysler group.
The history of the company - Jeep is indeed an American carmaker that was created in 1943 and released its first model in 1945. Jeep is a brand of American automobiles that was launched in 1943.
In 1987, the Chrysler brand purchased the company, which is now owned under Stellantis, a European-American corporation.
Top selling car of the company - jeep automobile prices range from Rs 18.03 lakh for the lowest model, the Compass, to Rs 56.33 lakh for the most costly model, the Wrangler. In India, Jeep sells three car models, three of which are SUVs.
Turnover of the company -As of 2020, the company recorded a total worldwide turnover of 46.2 Billion Dollars
Prices of some best selling cars - Jeep now sells the Compass, which is made in India, and the Wrangler, which would be a Completely Knocked Down (CKD) vehicle in India.
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12. Nissan
About the company - Nishi-Ku, Yokohama, Japan is the company's headquarters.
Renault has formed an agreement with the corporation, and a manufacturing facility has been established in Chennai.
In the same area, the brand has a Research and Development (R&D) center. Nissan is also rumored to be planning on bringing the Leaf electric vehicle to India.
During private previews, the model was shown to a large number of consumers.
About owner - Nissan is a subsidiary of the Renault Group.
The history of the company -Nissan is a Japanese corporation that was founded on December 26, 1933.
Top selling car of the company - The cheapest Nissan car is the Magnite, which costs Rs 5.88 lakh, while the most costly model is the GT-R, which costs Rs 2.12 crore. In India, Nissan offers three different automobile models: one SUV, one Compact SUV, and one Coupe.
Turnover of the company - Nissan recorded a total turnover of 90.86 Billion Dollars as of 2020.
Prices of some best selling cars - Nissan India is a division of Nissan Motor Company, a Japanese automaker. In 2005, the company debuted in the country. Nissan's X-Trail was the company's first product in India. Nissan currently sells five vehicles in India:
The Micra, Kicks, Terrano, GT-R, and Sunny. With the exception of the GT-R, which is ab all of these goods are made in the United States.
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13. Audi
About the company -Audi is another well-known manufacturer of luxury automobiles which has gained tremendous popularity in India.
About owner - The company is a subsidiary of the Volkswagen group.
The history of the company -
On July 16, 1909, the company was established.
Audi is indeed a German firm, which is why the company's headquarters are in Ingolstadt.
Audi, like many other manufacturers, is steadily introducing yet more electric vehicles, which it refers to as E-Tron. Audis are now ranked in the middle of the pack in terms of product reliability.
Top selling car of the company - This German luxury brand is famed for its performance, beautifully-crafted interiors, and its signature Quattro all-wheel-drive system, as well as its technology and style.
Almost every model is a reliable performer with a luxurious interior. The cabin is peaceful and the ride, as well as handling, are excellent.
Turnover of the company - The total turnover of Audi was estimated to be around 55.68 Billion Euros by the end of 2019.
Prices of some best selling car - When you glance inside the current-generation Audi A4, it's evident that it's nearing the end of its life cycle. In comparison to rivals such as the Mercedes-Benz CLA, the overall look is sharp and upscale, but a little staid.
Despite this, the A4's build quality remains exceptional, with high-end materials such as leather, metal, and soft-touch plastic used throughout the cabin. At higher speeds, it's also incredibly quiet, with little wind or road noise.
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14. Tesla
About the company -Tesla is an electric vehicle manufacturer based in the United States. Tesla will make its debut in India in b.
This company might be a disaster for other Indian automakers. Tesla will make its debut in India with the unveiling of its first vehicle, the Tesla 3 Car.
About owner - Tesla is a corporation that only manufactures electric products, while Elon Musk is really the company's CEO.
Tesla is an up-and-coming automotive brand that will soon enter the Indian market.
Elon Musk took over as Tesla's CEO in 2008, following the departure of the company's founders.
Top selling car of the company - The very first vehicle to leave the factory in 2008 was the all sports car called the Roadster, which had an unheard-of range of nearly 390 kilometers on a single battery charge.
It has the potential to attain a maximum speed of 200 kilometers per hour.
Turnover of the company - The total turnover of the company is estimated to be around 18.7 Billion Dollars.
Prices of some best selling cars - Tesla has two forthcoming automobiles in India's model lineup: the Model S as well as Model 3. Tesla, Inc. is a California-based electric vehicle manufacturer founded in 2003 by Marc Tarpenning as well as Martin Eberhard.
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15. Datsun
About the company - Datsun is a Japanese automobile manufacturer that was founded in 1931.
In 2014, the Nissan-owned company made its first appearance in India.
The Renault-Nissan facility at Oragadam, Chennai, produces the company's models.
About owner - The company was founded by Yoshisuke Ayukawa.
The history of the company - Datsun is indeed a Japanese automobile manufacturer that was established in 1931. Datsun is a Nissan brand that began manufacturing in 1931 and is still going strong today.
Top selling car of the company - Datsun automobile prices start at Rs 3.98 lakh again for the cheapest model, Redi-GO, and go up to Rs 4.26 lakh for the most expensive model, GO+.
Datsun offers three automobile types in India, two of which are hatchbacks and one of which is a MUV.
Turnover of the company - The total turnover of the company is undisclosed as per 2022.
Prices of some best selling cars - The Go, Go Plus, and Redi-Go are among Datun's variants available in India. In 2014, the Go with Go Plus was released to the Indian market, followed by the Redi-Go in 2016.
The manual and CVT transmission options are available on the Go and Go Plus, but the manual, as well as AMT gearbox options, are available on the Redi-Go.
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16. BMW
About the company - Bayerische Motoren Werke AG is a German automobile manufacturer. The business was established 104 years ago.
About owner -Susanne Klattena and Stefan Quandt are the owners of the automobile company.
The history of the company -
BMW's headquarters are in Munich, Germany. BMW is dedicated to producing high-end luxury vehicles as well as sports automobiles.
They also produce Superbikes under the moniker BMW Motorrad for Bikes.
Top selling car of the company - BMW is now known for developing automobiles with excellent levels of technology, comfort, powertrain refinement, and fuel efficiency.
BMW continues to offer fun-to-drive sports vehicles like the 2 Series coupe, Z4 roadster, plus M-designated models, as well as luxurious luxury cars and a wide range of sophisticated SUVs.
Turnover of the company - As of 2022, the estimated turnover of the company is estimated to be around 111.24 Billion Euros.
Prices of some best selling cars - Electric vehicles are the emphasis of the I sub-brand. In recent years, the iDrive navigation system has become more intuitive.
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17. Ford
About the company - Ford Motor Company, founded on June 16, 1903, is another American automaker.
Henry Ford is the company's founder. Chennai is the headquarters of the American automaker's Indian subsidiary.
About owner - The company is owned and managed by the Ford Family.
The history of the company - Since 1998, the company has operated in India as an autonomous subsidiary of the parent corporation, but in 2021, it discontinued all locally manufactured products in India.
Top selling car of the company - In India, Ford has four vehicle models: one SUV, one Hatchback, one Compact SUV, and one Compact Sedan. Ford India is indeed a division of Ford Motor Company, based in Michigan, United States of America.
Turnover of the company - The company recorded a total turnover of 136 Billion Dollars in 2021.
Prices of some best selling cars - Ford automobile prices start at Rs 5.82 lakh for the lowest model, the Figo, and go up to Rs 33.81 lakh for the most expensive model, the Endeavour.
The next Mustang GT will debut in 2022, followed by the Mustang Mach-E in 2023. The Figo, Aspire, EcoSport, Endeavour, Freestyle, and Mustang were among Ford's offerings in India.
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Conclusion
Several car manufacturers in India are dedicated to quality in design, fuel economy, and comfort in order to give world-class goods to their clients.
After a thorough examination of your objectives and design standards in a car, as well as your money for the purchase, you should choose a vehicle manufacturing firm and model.
When you buy an automobile, don't wait to get a suitable car insurance policy for that too. Remember that having at least third-party car insurance for the vehicle is required by law in India.
It is recommended to have comprehensive auto insurance coverage for your vehicle in order to protect yourself financially from any unforeseeable accidents on the road.
I hope you liked our article on Car companies in India , if you have any comments or suggestions do share them in the comments below.
Frequently Asked Question
Q1. Which is the no1 car company in India?
Maruti Suzuki, or Maruti Suzuki India Limited, was formed in 1981 and is India's largest vehicle manufacturer. Maruti Suzuki had such a market share of 54.16 percent in 2020, however, this plummeted to 45.61 percent in March 2021 due to the pandemic.
Q2. How many car companies are there in India?
There were only a few enterprises in the initial periods of the vehicle that were eager to expand.
Today, though, 14 large worldwide corporations own or control over 60 significant automotive brands around the world, and that doesn't include the numerous little local businesses in various nations.
Q3. Which are the top 10 car brands in India?
Here is the list of top 10 car brands in India:
Maruti Suzuki
Hyundai motors
Mahindra and Mahindra motors
Tata Motors
Toyota Kirloskar
Ford India
Renault India
Nissan India
Volkswagen India
