Indian automobile industry has come up a long way to become one of the most import sectors for giving the country a significant growth. Now it produces a wide variety of cars sold in the present days. There are a number of best top 10 automobile company in india giving the country a significant facelift.
Indian auto mobile industry occupies the centre stage around the world, and now it is in the process of becoming the largest auto mobile industry in the world. The auto mobile industry in India is growing very rapidly and it contributes significantly in the economic growth of the country.
We have managed to create a list of top 10 automobile companies in India. This list is created after considering the Annual Turnover, Net Profit, market penetration, overall view of the company etc.
list of top 10 automobile companies in India:
Tata motor Ltd
Tata Motors is the 17th largest automobile manufacturing company in the world. It ranks first in Asia and produces over 4 million vehicles in a year. Established in the year 1945 by Jamsetji Tata, Tata Motors Ltd. has an annual turnover of 123222.91 Crores. The company has a market share of 31.2% in the multi-utility vehicles. Headquartered in Mumbai, Tata Motors has its state-of-the-art manufacturing units in 6 locations in India. Spreading 4 countries across the globe, the company produces many commercial vehicles like Truck, Tempo, Pickup Van, Bus, Military vehicles, Two Wheelers, Tractors, and other Farm Equipments.It is one of the best top 10 automobile company in india.
Annual turnover –The annual turnover of Tata motor Ltd is as high as Rs. 123222.91.
Company overview- Tata Group is worth USD $2 billion and Tata Motor forma a very significant part of that group. Tata motor employs more than 60000 employee and it sells around 9 million vehicles per year.
Establishment –Tata Company was established was in 1868 and the Tata Motors which was earlier known as Tata Engineering was established in 1945.
Founder – The founder of Tata motor company is great Jamsedji Tata.
Net profit – The net profit of Tata motor is 2770 cr in a year.
Address – Tata Motors Limited
5th Floor, One Forbes,
1 Dr. VB Gandhi Marg, Fort
Mumbai – 400 001
Mahindra and Mahindra
The next company that is giving Tata Motors a strong challenge is Mahindra and Mahindra. It is one of the most reliable auto mobile companies in India. It continues to dominate SUV sector for long time
Annual turnover- The annual turnover of Mahindra and Mahindra Company is Rs.37026.67 for the latest year.
Company overview- Mahindra and Mahindra Company is popular because it is the largest tractor company of the world and it’s also India’s second largest auto mobile vehicles manufacturer..
Establishment – Mahindra and Mahindra Company started its journey as a steel manufacturer. In 1948 when this company was established at that time the name of the company was Mahindra and Mohammed.
Founder – Mahindra and Mahindra Company was established by Kailash Chandra Mahindra and Jagdish Chandra Mahindra.
Net profit- Mahindra Company has shown an increase in net profit from last year 550.56 to 583.73cr.
Mahindra & Mahindra Financial Services Limited
Gateway Building, Apollo Bunder,
Maharashtra – 400 001, India
CIN Number: L65921MH1991PLC059642
Mahindra & Mahindra Financial Services Limited
4th Floor, Mahindra Towers,
Dr. G.M. Bhosale Marg,
P.K. Kurne Chowk, Worli,
Maharashtra – 400 018, India
Tel: 022- 6652 6000
Maruti Suzuki India Ltd
Maruti Suzuki India ltd is a widely popular in four wheeler section. It is an undisputed leader in the Indian automobile industry dominating Indian automobile industry for a longer period of time. The credit of manufacturing one million vehicles definitely goes to Maruti Suzuki India Ltd. It is one of the best top 10 automobile company in india.
Annual turnover- The turnover of Maruti Suzuki in a year was 38140.69cr.
Company overview- Maruti Suzuki is very successful auto mobile company in India .As on January 2016 it has a large market share of 47% in the Indian passenger car market. It has achieved an important milestone of selling 10 million vehicles in India at the end of February 2012.
Establishment – At first it was known as Maruti Udyog and it was established in 1981. In 1982 after signing a joint agreement with Suzuki of Japan it became Maruti Suzuki.
Founder – Maruti Suzuki is a joint venture company by Dr. V Krishnamurthy and Suzuki of Japan.
Net profit – The net profit of Maruti Suzuki has jumped by 60.5% to 1284cr in a year.
Address – Plot no.1, Nelson Mandela road, vasant kunj Delhi.
Hero MotoCorp Ltd
In the two wheeler section Hero Honda Moto Crop has established a distinct market for itself. Now it is one of the best known brands in India.It is one of the best top 10 automobile company in india.
Annual turnover – By the end of March 2013 the annual turnover of hero motor crop ltd is around 19669.29cr.
Company overview – In terms of number of units of bike sold the company is much ahead of its competitors. The company has sold around 47 million two wheelers by March 2013.. The company has employee strength of 6782 employees. In the year 2012 it got the prestigious award of “best value for money bike maker’.
Establishment – Hero Honda was established as a joint venture between Hero group of India and Honda of Japan in 1984.
Founder – The founder of Hero group are Munjal brothers and Honda motor company (a Japanese company).
Net profit – The net profit of Hero motor crop ltd is Rs. 2385.64 in a year.
Address: 7th Floor, North Block, Sacred World, Wanowarie, Pune, Maharashtra 411040
Phone: 020 2685 6041
Ashok Leyland Ltd
COMPANY OVERVIEW- Ashok Leyland is the 2nd largest commercial vehicle manufacturer in India. It is the 4th largest and a 50 years old automobile company listed in Bombay and National stock market. It is one of the best top 10 automobile company in india.
ANNUAL TURNOVER- The annual turnover of this company is 11133.04cr.
ESTABLISHMENT- Ashok Leyland ltd was established on 1948.
FOUNDER- Mr. Dhiraj hinduja was the founder of this company. He established Ashok Leyland Ltd in1948.
NET PROFIT-The net profit of this company is 565.98 cr in a year.
Address – www.ashokleyland.com
21, Ganesh Chandra Ave, Chowringhee North, Bow Barracks, Kolkata, West Bengal 700013
Tvs motor is one of the popular two wheeler manufacturers in India. Headquartered in Chennai, the company has 4 manufacturing units. The company specializes in manufacturing two wheelers like motorcycles, scooters and mopeds.
Annual turnover – TVs motor have a huge turnover in a year and the turnover is 6569.99cr.
Company overview – The total assets of TVs motor company is 1745cr. It produces all kind of two wheelers like scooter, bicycle etc. The company have huge annual sales of 2.5 billion units in a year.
Establishment – TVs motor was set up on 1978.
Founder–T.V. Sundaram Iyenga was the founder of this company.
Net profit – The net profit of the company is 469.37 is the net profit of this company.
TVS Motor Company
Jayalakshmi Estates V Floor
8, Haddows Road Chennai – 600006
Ph: 044-28272233 Fax: 044-28257121
Sundaram Clayton ltd
Sundaram Clayton ltd is very essential part of Indian automobile industry. Besides, the company is a leading supplier of aluminium die for automotive and non-automotive industries.
Annual turnover- Sundaram Clayton ltd’s annual turnover is 7419.31
Company overview – Sundaram Clayton ltd is a part of a most popular auto mobile company of India, TVS. The company possesses 564.76 crores, including assets of the company.
Establishment- Sundaram Clayton ltd was established in 1962 in Chennai.
Founder – The chairman of Sundaram Clayton ltd is Vinu Shreenibas.
Net profit – Sundaram Clayton ltd’s profit in a year is 37.26cr.
Address – Jayalakshmi Estates, 5th Floor,
29, Haddows Road, Chennai – 600 006
Bajaj auto ltd
Established in the year 1930, Bajaj is a leading auto mobile company manufacturing two-wheelers and three-wheelers vehicles in India. Bajaj auto mobile company is a part of Bajaj group. It manufactures motorcycle, scooter, and autoriska. Bajaj auto ltd is world’s sixth largest manufacture company of motorcycle. It is one of the best top 10 automobile company in india.
Annual turnover- This Company’s annual turnover is much higher than other and the turnover is 17008.5 cr.
Establishment- Bajaj auto ltd is recognized on 1940 in Rajasthan.
Founder- The creator of Bajaj auto ltd is Jamnalal Bajaj in1940.
Net profit – The profit of Bajaj auto ltd in a year is 3719.20 cr. It is the 23rd largest traded company by market value in the world.
Address – Bajaj Auto Ltd., Akurdi, Pune 411035, India Ph : (020) 27472851, 27476151
Force motor ltd
It is a multinational company dealing in light commercial verticals, tractor etc.
Annual turnover – the turnover of Force motor ltd is 1574.05 Crore.
Company overview– Force Motor is a key player in the Auto Mobile sector. It started its operation with the production of Hanseat 3 wheeler.It is one of the best top 10 automobile company in india.
Establishment- It was established in the year 1958 with the name Baja Tempo Ltd.
Founder- The Company was founded by N K Firodia.
Net profit- As on 31st March 2016 the company made a profit of 179.42 Cr.
Address- Link Intime India Pvt. Ltd. Block 202, 2nd Floor,
Off Dhole Patil Road Pune – 411001
It is a subsidiary of Company Hyundai headquartered in Korea. It was established in 1967. It is one of the favourite companies getting increasing attention among city buyers. Cars like Elantra, Santa Fe, Eon, i10, Xcent, Grand i10, Elite i20, and Verna have become the number of choice of many city dwellers.It is one of the It is one of the best top 10 automobile company in india.
Establishment: The Company was founded in 1967.
Founder- Chung Ju-yung was the founder of this company
Net profit – The company makes a net profit of 12, 600 crore per year.
Address: 1/1, 10B, Baishnabghata Patuli, Kolkata, West Bengal 700094
Phone: 033 4065 4066