The Indian automobile industry has grown exponentially in recent years, becoming one of the largest in the world. With innovations in electric vehicles (EVs), increased domestic production, and a thriving export market, Indian automobile manufacturers are making waves globally. This 2025 edition takes a close look at the top automobile manufacturing companies in India that are leading the charge in automotive innovation and shaping the future of mobility.
1. Tata Motors
Tata Motors remains one of the largest and most influential automobile manufacturers in India. Known for producing vehicles across various segments—passenger cars, commercial vehicles, and electric vehicles—Tata Motors continues to be at the forefront of India’s automotive revolution.
Key Highlights:
- Electric Vehicle Leadership: Tata Motors has established itself as a leader in the Indian EV market with models like the Tata Nexon EV and the Tata Tigor EV, which have gained significant popularity.
- Global Reach: Apart from its strong presence in India, Tata Motors, through its subsidiary Jaguar Land Rover (JLR), has a solid global presence.
- Focus on Sustainability: Tata has heavily invested in eco-friendly technologies, with a strong push toward electric and hydrogen-fueled vehicles, aiming for a carbon-neutral future by 2040.
2. Maruti Suzuki India Ltd.
As one of the oldest and most trusted car manufacturers in India, Maruti Suzuki continues to dominate the Indian market. While historically known for its affordable and fuel-efficient cars, Maruti Suzuki has also entered the EV market.
Key Highlights:
- Largest Market Share: Maruti Suzuki holds the largest share of the passenger vehicle market in India, with popular models like the Swift, Baleno, and WagonR consistently topping sales charts.
- Upcoming EVs: While Maruti Suzuki has been slower in the electric vehicle race, it plans to launch its first all-electric car in 2025, aiming to capture a significant share of the growing EV market.
- Collaborations for EV Technology: Maruti Suzuki has collaborated with Toyota to develop cutting-edge hybrid and electric vehicle technologies.
3. Mahindra & Mahindra
Mahindra & Mahindra is a pioneer in both the Indian and global automotive markets, with a strong focus on utility vehicles and electric mobility. Known for its SUVs and commercial vehicles, Mahindra is also a key player in the Indian electric vehicle space.
Key Highlights:
- Leader in Electric Three-Wheelers: Mahindra has been a pioneer in the electric three-wheeler segment with its Treo range, providing an eco-friendly solution for last-mile transportation.
- Popular SUVs: Mahindra continues to lead in the SUV segment with models like the Thar, XUV700, and Scorpio N that appeal to both urban and off-road enthusiasts.
- Global Expansion: Mahindra is focusing on expanding its presence in international markets, particularly in North America and Africa.
4. Hyundai Motor India
A major player in the Indian automotive market, Hyundai Motor India is known for delivering stylish, feature-rich vehicles. Hyundai has also been a strong contender in the electric vehicle space with the launch of models like the Hyundai Kona Electric.
Key Highlights:
- Innovation in Electric Vehicles: Hyundai was among the first global automakers to launch an electric car in India with the Kona Electric. It continues to invest in electric and hybrid technology.
- Customer-Centric Models: Hyundai’s best-sellers like the Creta, Venue, and i20 dominate the Indian market with their modern designs and advanced features.
- Sustainability Initiatives: Hyundai has committed to introducing more eco-friendly cars in the Indian market, with a goal of producing a wider range of EVs by 2030.
5. Hero MotoCorp
While Hero MotoCorp is primarily known for its two-wheelers, it plays a significant role in India’s automotive industry and is venturing into the electric vehicle market with its new electric two-wheeler models.
Key Highlights:
- Market Leader in Two-Wheelers: Hero MotoCorp is the largest two-wheeler manufacturer in the world, with a range of popular models such as the Splendor and Passion Pro.
- Electric Two-Wheelers: Hero is investing heavily in electric mobility through its Hero Vida range of electric scooters, aiming to cater to India’s growing demand for eco-friendly transport options.
- Partnership with Gogoro: Hero has partnered with Gogoro, a Taiwanese company specializing in battery swapping technology, to enhance its EV offerings in India.
6. Ashok Leyland
Ashok Leyland is one of India’s leading commercial vehicle manufacturers, producing trucks, buses, and light commercial vehicles. The company has a strong presence in the domestic market and is a key player in India’s electric bus segment.
Key Highlights:
- Electric Commercial Vehicles: Ashok Leyland is pioneering the development of electric buses in India, providing sustainable urban transportation solutions in cities like Bengaluru and Ahmedabad.
- Global Expansion: The company is expanding its presence in overseas markets, particularly in Africa, the Middle East, and Southeast Asia.
- Sustainability Commitment: Ashok Leyland is committed to developing greener technologies, including electric and hybrid commercial vehicles, to meet India’s sustainability goals.
7. Bajaj Auto
Bajaj Auto is another key player in the Indian automotive market, especially in the two-wheeler and three-wheeler segments. With its foray into electric vehicles, Bajaj is setting new benchmarks in the EV space.
Key Highlights:
- Electric Two-Wheelers: Bajaj introduced the Chetak EV, a modern electric version of its iconic Chetak scooter, which has gained popularity in urban centers.
- Global Reach: Bajaj Auto is a significant exporter of motorcycles and three-wheelers, with a strong presence in Africa, Latin America, and Southeast Asia.
- Innovation in Electric Mobility: Bajaj is focusing on expanding its electric two-wheeler range and exploring battery technology innovations to strengthen its EV portfolio.
8. TVS Motor Company
TVS Motor Company is one of India’s leading two-wheeler manufacturers, with a growing presence in the electric mobility space. TVS is known for producing quality scooters, motorcycles, and mopeds.
Key Highlights:
- Electric Scooters: TVS launched the TVS iQube, an electric scooter that has been well-received in the Indian market. It plans to expand its EV portfolio with more advanced models.
- R&D Investment: TVS is investing heavily in research and development to enhance its electric vehicle offerings, with a focus on performance and range improvement.
- Sustainability Focus: TVS is committed to green mobility and aims to introduce eco-friendly products across its two-wheeler range by 2025.
9. MG Motor India
MG Motor (Morris Garages) is a relatively new entrant in the Indian automobile market but has quickly gained traction with its tech-savvy, feature-rich vehicles. MG’s focus on electric vehicles has helped the brand carve a niche in the Indian market.
Key Highlights:
- Electric Vehicles: MG Motor introduced the MG ZS EV, one of the first electric SUVs in India, offering excellent performance and range.
- Innovative Features: MG vehicles are known for their advanced features such as AI-powered infotainment systems, internet connectivity, and autonomous driving capabilities.
- Future EV Plans: MG Motor plans to launch more electric vehicles in the coming years to capture the growing EV market in India.
Conclusion
The Indian automobile industry is rapidly evolving, with established players and new entrants alike investing in cutting-edge technologies, especially in the electric vehicle space. The shift toward sustainable, eco-friendly transportation is reshaping the market, and the top automobile manufacturing companies in India are leading this charge. As we move further into 2025, the focus on electric mobility, innovation, and customer-centric solutions will continue to drive the industry forward.