written by | June 8, 2022

Car Industry in India: Top Brands Listed

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Table of Content


It is important to know that the answer to the question "which is the top car brand in India" isn't simply an assortment of companies and brands located in India with just a few cars included in their portfolio.

India is a booming car market, and that's why brands from around the world invest in India to create an appearance in this region of the Indian Subcontinent and export their cars to markets such as Nepal, Bangladesh and many South American countries.

Indian automobile manufacturers have made numerous technological advances and have introduced a variety of quality vehicles that are widely loved worldwide. 

Over the last few years, the massive increase in automobile production has led to a wide variation. This article examines the most reputable Indian automobile companies.

Did You Know?

Currently, India's auto industry weighs over ₹760000 crores, contributing 8% of the nation’s total export, and it accounts for 2.3% of India's GDP.

Also Read: 10 Best Tyre Brands In India

Indian Car Companies List - Best Car Company in India

After going through the top car companies in India, we have picked the 8 best brands for you that are performing the best in 2022. If you're looking for the top car brands in India, you've come to the right place. We've discussed Maruti Suzuki, Hyundai, Tata Motors, Kia, etc.  

1. Maruti Suzuki

Among all the top car brands in India, Maruti Suzuki is the king. Having a diverse portfolio, Maruti Suzuki makes affordable hatchbacks, premium sedans, compact SUVs and LUVs. The company is a leader in the A and B segments, with popular selling models such as the Ertiga MPV and Vitara Brezza compact SUV. The company also has a driving school and dealership network across the country.

Currently, Maruti is launching the new Ciaz midsize sedan to replace the SX4 sedan, which has received thrilling reviews from customers. Despite recent setbacks in the automotive market, Maruti Suzuki is still the largest brand in the country. Last month, the company sold a record 1,213,388 units, up 10% from April last year.

Although its market share has dwindled from 47% in 2010 to 42% in 2019, Maruti remains one of the best selling of the top 8 car brands in India. The company's lineup has something for every need. Despite a lowered demand for fuel, Maruti Suzuki has continued to grow and introduce mild hybrid models.

For example, the new Suzuki Swift is also a popular small sedan with low fuel consumption. The newer models are also fuel-efficient, making them even more affordable. And the company has a growing range of eco-friendly cars.

2. Tata Motors

In recent years, Tata Motors has undergone a drastic turnaround in the domestic market. Sales of four new models from its "New Forever'' range have increased significantly. These vehicles boast higher safety and driving quality standards, a stylish design and premium features. Whether you're buying a car for yourself or a family member, Tata Motors is a name you can trust.

The Tata Nexon changed the company's fortunes for the better. The new model targeted the mass market, solved quality issues and brought in global suppliers. Last year, the Nexon was Tata Motors' best-selling vehicle. But it wasn't always like that. The company is still undergoing some changes, and Nexon is an excellent example. Despite the company's high competition, it remains a great place to buy a car.

Although Tata Motors is headquartered in India, it is a global corporation that owns other automotive businesses. In 2004, the company went public on the New York Stock Exchange and partnered with the Brazilian company Marcopolo to produce buses in India. In 2008, Tata Motors acquired the Jaguar Land Rover group. 

With the addition of the Jaguar Land Rover group, the company has shifted from a commercial vehicle manufacturer to a full-fledged automaker. Its philosophy of nation-first has helped the company move away from its traditional commercial vehicle manufacturing roots and into a new sphere. It is now India's international brand.

3. Hyundai

Of the top car companies on India's list, Hyundai is the third choice. The Korean car manufacturer Hyundai has two production facilities in India. One is in Sriperumbudur, while the other is in Irungattukottai. Together, these facilities can produce 9 lakh cars a year. With these manufacturing facilities, Hyundai is one of the largest car manufacturers in the country. In India, Hyundai offers eleven models.

When it first entered India, there were not many choices for buyers. Hyundai managed to tap into this lack of competition and made some excellent cars. Its design and efficiency have improved considerably over the years.

It also has cars in nearly every segment, including hatchbacks and sedans. In terms of sales, however, Hyundai falls far short of its rivals, especially Maruti Suzuki, which holds 42% of the market and sells 92000 vehicles in thirty days.

Hyundai offers nine models across all segments in India, including luxury cars and compact SUVs. It is the second-largest carmaker in the world after Toyota. Hyundai has 493 dealerships and 1,309 service points throughout the country. The brand has a strong customer base and a solid track record. A Hyundai in India dealership is a great option if you need a new car fast.

4. Kia

Having entered the Indian market with a vision to create fluctuations in the automobile industry, KIA Motors has succeeded in a short period. Kia cars boast looks, technology, features, performance and ample comfort.

It has managed to match the growth rate of other brands and features at the fourth spot among the best selling manufacturers in the country. The company plans to launch several more models in the coming years, including the Soul, Xceed and Sorento.

The company has three models in its Indian lineup and is currently ranked fourth in the list of best-selling car brands for March 2021. The Carnival and Seltos continue to do well in the market, while the Sonet and Carens are decent sellers. The company is planning to launch a seven-seater Sonet. This car is capable of tackling the competition from other luxury brands.

5. Toyota

Toyota captured the place in the 5th position in our Indian car companies list. If you are looking for a premium car that's not too expensive, you should consider Toyota. This Japanese automaker has five manufacturing plants across India. Its flagship model, the Toyota Innova, has a long waiting list, and you'll find that this vehicle is very popular.

Whether you are looking for a sedan, SUV, or multi-purpose vehicle, Toyota is one of the best car brands in India. Toyota has a reputation for reliability and longevity. They have been making vehicles for decades, and customers have lauded their reliability.

Plus, they are so well-built that they are known to have low maintenance and repair costs. If you're on a tight budget, consider buying a Toyota, as it's one of the best brands in the world. Toyota's quality is unmatched by any other car manufacturer.

Also Read: Impact Of GST On Car Prices And Other Automobiles In India

6. Mahindra & Mahindra

There are many top car brands in India, but Mahindra and Jeep have been popular in India for many years. Mahindra started trading in steel with UK companies in the 1950s, which helped them acquire the licence to make Jeeps in India.

In 1949, they started producing Jeep CJ3As in India. It was the first off-road Jeep in India, and it earned millions of admiration in India. The Mahindra Group of companies includes three car brands in India. They also own two scooter brands, Ssangyong and Peugeot, and operate motorcycles and utility vehicles. The company is headquartered in Mumbai, India and employs around 55,000 people.

7. Renault

The success of Renault Duster is a signal of the coming of age of car manufacturing in India. This French car brand focuses on consumer insights for product development, a proven formula for success.

By identifying a gap in the market, Renault has listened to its customers and developed an attractive product to fulfil their needs. The Renault Duster is a model that has enjoyed great success in India, and it has won the hearts of the people who drive it, but that success is largely due to marketing and not engineering. 

 

 

8. Honda

When it comes to cars, Honda is undoubtedly among the top names in the market. Honda has won the hearts of many car buyers across the country with its cutting-edge technology and advanced designs.

The Japanese manufacturer has a wide distribution network in India, with more than 374 dealerships and service centres spread across 264 cities. The company is part of the ₹760000 crores Tata group, founded by Jamsetji Tata in 1868. Honda is part of the Tata Motors Group, an automobile manufacturing giant that manufactures cars in over 100 countries.

The competition in the automotive industry in India is fierce, and the leading brands need to be able to provide the best vehicles, premium customer service, and aggressive pricing strategies. 

Honda's global brand recognition and reputation have helped it become one of the best car brands in India. As the fourth largest automobile market globally, India is now home to various car brands, including global and homegrown automakers.

Conclusion

If you're planning to purchase a brand new car, you can choose among these most reputable Indian automakers. These Indian car manufacturers offer affordable automobiles and assure top quality. Will you be getting a new franchise in the car industry in India?

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FAQs

Q: Please show the list of Indian car companies.

Ans:

The Indian car companies list includes:

  • Maruti Suzuki
  • Hyundai Motors
  • Tata Motors
  • Toyota
  • Kia Motors
  • Skoda
  • MG
  • Mercedes
  • Volkswagen
  • Honda
  • Renault
  • Mahindra
  • BMW
  • Jeep
  • Ford
  • Nissan
  • Audi
  • Datsun
  • Tesla

Q: If I have a low budget, which car company shall I choose?

Ans:

Maruti Suzuki offers the best value for the money when it comes to less budget.

Q: Which is the best car company in India considering sales?

Ans:

It’s Maruti Suzuki India Ltd. with 1,46,203 Units, followed by Hyundai Motors India Ltd. (52,600 Units) and Tata Motors (29,654 Units).

Q: Which is the best car company in India considering size?

Ans:

Considering the size, Maruti Suzuki is the best one.

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Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.