Indian top auto brands

Indian auto brands
Indian auto brands

Indian Automobile industry is in exciting phase of growth . Period of monopolistic brands are over and new vibrant and competitive markets has emerged recently with consumers lapping up the best offers .

Basic reasons for boom are

Rise in disposable income and standards of living for approx four million middle class population

Government liberalisation of economy from license raj .

Indian automobile industry is the tenth largest in world and is expected to be third largest by 2016 and the turnover would increase from 7 billion USD to 40 billion USD by 2016

The industry manufacturers over 11 million vehicles a year, employing more than three million people . India emerged as Asia s fourth largest exporter of automobile after Japan , South Korea and Thailand.

Apart from major global brands such as Toyota, Ford , GM , BMW ,Honda , Peugeot , Renault , Volvo , Nissan , Mitsubishi, Hyundai and many others foreign brands , Indian Auto brands are taking on these brands on home turf .

Maruti ( Now of course taken over by Suzuki)

Tata Motors

Major manufacturers of trucks , passenger cars such as Tata Indica .Tatas were in news recently on much talked about acquistion of Jaguar and Land Rovers. Daewoos heavy vehicle div has been taken over by Tatas

Bajaj

Bajajs were the world largest manufacturers of scooters and scooty with business spanning from auto rickhaws to tempos and heavy vehicles

Ashok Leyland

Main competitior to Tatas on heavy vehicles

Hero - Honda

Motor cycles

TVS

Motor cycles

Kinetic

Scooters and bikes

Mahindra and Mahindra

4x4 Passenger car ,Heavy vehicles and tractors

Eicher

Commercial vehicles and tractors

Escort

tractors

Reva

electric cars

Hindustan Motors

passenger cars

LML

scooters

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