During its early days, most of the Indian automobile manufacturers banked upon foreign technologies. But the scene has changed over the years and presently, the Indian auto manufacturers are using their own technology to manufacture brilliant masterpieces. The Indian automobile industry has grown by leaps and bounds. The automobile industry is one of the fastest growing industries in India. There was a time when there was no variety of cars available in the Indian market. However, the statistics have changed completely. Today, the Indian market is blessed with a diverse array of cars, ranging from hatchbacks, SUVs, sedan to MPVs. There are several top car manufacturing companies running their operations in India. A few big names are Maruti Suzuki, Tata Motors, Mahindra and Mahindra, Hyundai Motors, etc. Let's learn briefly about some of the largest car manufacturing companies in India-
The unparalleled winner of automobile manufacturers in India is Maruti Suzuki. It holds about 53% of the market share in the Indian passenger car market. During the year 2017-18, Maruti Suzuki manufactured a little more than 1.6 million assorted vehicles for both export and domestic markets. The company has 3 manufacturing plants in India. The top selling models offered by Maruti Suzuki are Swift Dzire, Suzuki Vitara, Suzuki Grand Vitara, and Suzuki Alto, among others.
Hyundai Motor is the second largest automobile manufacturer in India. It is even India's number one passenger car exporter to countries across Africa and the Middle East. Hyundai's flagship model Santro was a hit and helped the company come close to the hearts of the Indian auto lovers. During the year 2017-2018, Hyundai Motors manufactured around 527,320 cars and other vehicles for the domestic and export markets. Hyundai has two manufacturing plants in Chennai with the most advanced production, quality, and testing capabilities. The top selling models offered by Hyundai Motor India are Eon, Santro, i10 and i10 Grand, Elantra, Xcent, Verna, Creta, and Tucson.
Tata Motors is another auto-giant in India. It is among the top four vehicle brands in India. The company's products include buses, trucks, coaches, commercial vehicles and cars. Tata Motors passenger cars division produces different types of cars including hatchback, sedan, SUV and MUV. The top selling models offered by Tata Motors are Sumo, Indica, Tiago, Safari, Zest, Nexon, Hexa, Storme, and Bolt.
Mahindra & Mahindra
When it comes to being the largest tractor manufacturers, Mahindra & Mahindra lead the chart both in India and the world across. Apart from this, a part of the Mahindra Group - M&M is the largest SUV maker in the country. The top flagship model of Mahindra in India includes Mahindra Bolero, Mahindra Scorpio, Mahindra XUV500 and Mahindra Thar.
Honda Cars Ltd is a joint venture between Siel limited- an Indian company and a Japanese company - Honda Motor Co Ltd. Honda entered the Indian automobile market in the year 1995. The top flagship model of Honda Cars Ltd. includes Honda City, Honda Jazz, Honda Accord, Honda CR-V and Honda Brio, among others. During the year 2017-2018, this automobile company manufactured around 178,755 vehicles. The company's automobiles are also exported to nearby countries.
You can choose your preferred brand for buying a new car. Above mentioned points can help you in doing the same. However, don't forget to secure your car with a car insurance policy in place.
You can also check –
Maruti Insurance for Cars
Hyundai Car Insurance
Tata Car Insurance
Mahindra Car insurance
Honda Car Insurance