As of February 2022, the car sales numbers are on the rise, with a year-on-year growth of 27%. This denotes that the demand for four-wheelers among Indian residents is increasing steadily. However, the Indian automobile market is flooded with leading car manufacturers, making it difficult for buyers to select the best brand. This article summarises the top car manufacturers in India to assist readers in making an informed choice.

Here is the list of the top 10 car manufacturing companies in India.

1. Maruti Suzuki|Market Share: 44.23%

Collaborating with Suzuki Motor Corporation, a Japanese automobile manufacturer, Maruti Suzuki, a household name, holds a market share of 44.23% as of February 2022 and is the leading car manufacturer in India.

As of 2021, it sold around 13,65,000 car units. It is known for manufacturing cars with optimum features at affordable prices. Besides, the brand also extends excellent after-sales services.

Some of the popular models from this brand are – Swift, Alto, Vitara, Baleno, Ertiga, Wagon R, and Celerio. Currently, it owns 3 manufacturing plants in India.

2. Hyundai Motor Company |Market Share: 14.54%

Headquartered in Seoul, Hyundai Motor Company or Hyundai is India's 2nd largest car manufacturer. It holds a market share of 14.54% as of February 2022.

As of FY 2021, the brand witnessed a growth of 19% in India and sold 5,00,000 car units against 4,20,000 in 2020.

It manufactures both premium and affordable car models, bearing top-notch features. Santro, a flagship car model of this brand, helped increase its outreach. Some of the popular models from this brand are – Santro, Xcent, Creta, Elantra, Eon, i10 Grand, i10 and Tucson. Currently, it owns 2 manufacturing plants in Chennai, equipped with best-in-class production technology and testing capabilities.

3. Tata Motors |Market Share: 13.20%

Tata Motors, a subsidiary of Tata Group, came into the commercial vehicle market in 1991 with Tata Sierra. The launch of Indica made this brand one of the top contenders in this segment.

As of February 2022, it has a market share of 13.20%. Further, it marked an aggregate sales of 73,875 units in this similar month of the year and has grown by 27% over the preceding financial year.

It manufactures an extensive range of car models, including sedan, SUV, MUV, hatchback, etc. Every car model bears an excellent built quality. Some of the popular car models from this brand are – Hexa, Tiago, Indica, Safari, Storme, Nano, and Bolt. Currently, it owns 6 domestic assembly units and 4 international units.

4. Mahindra & Mahindra |Market Share: 9.13%

A multinational automobile manufacturer based in Mumbai, Mahindra & Mahindra is one of the best car manufacturers in India, holding a market share of 9.13% as of February 2022. Moreover, in February 2022, it sold around 54,455 units and reported an increment in the market growth by 89%.

It is the largest SUV manufacturer in the country. Consumers can select from the top car models based on their requirements, including Scorpio, Bolero, Thar, XUV500 and Xylo.

5. Kia Corporation |Market Share: 5.98%

Kia is a multinational automobile company based in Seoul. As of CY 2021, it reported cumulative sales of approximately 2,27,844 units. It ranks among India's top 5 automobile manufacturers in terms of its sales as it witnessed a year-on-year growth of 29% in India. Further, it holds a market share of 5.98% as of February 2022.

One of the primary reasons for its growth in the Indian market is its feature-packed cars at an affordable price range. Additionally, cars from this brand are known for bearing top-notch safety features. Insurance Institute for Highway Safety identified 8 car models from Kia on its TOP SAFETY PICK+ (TSP+) and 2022 TOP SAFETY PICK (TSP), including Carnival Seltos in this award list. The car portfolio of this brand includes – Carnival, Seltos, Carens and Sonnet.

6. Toyota Motor Corporation |Market Share: 2.89%

A Japanese multinational automobile company, Toyota is the largest vehicle manufacturer worldwide. It constitutes a market share of 2.89% as of February 2022. Moreover, its sales figure in February 2022 was 8,745 units.

This brand retails cars with top-notch safety features and strong built quality. This brand's top car models are - Innova Crysta, Urban Cruiser, Glanza, Camry, Fortuner, and Vellfire.

7. Honda |Market Share: 2.37%

Honda Motors stepped into the Indian market in 1995. As of February 2022, it occupies a 2.37% market share in India. At the same time, it registered sales of 9,524 units.

This car manufacturer produces durable and fuel-efficient cars equipped with the latest technology and attractive design. Some of the popular car models of this brand are – Honda City, Amaze, Brio, Accord, Civic and Jazz. Currently, it owns two manufacturing plants in India, having a capacity to manufacture 60,000 to 1,00,000 units in a year.

8. Renault |Market Share: 2.17%

Renault Group is one of the best car manufacturers in India and is a multinational automobile company headquartered in France. As of February 2022, it holds a market share of 2.17% in India. Additionally, its overall sales breached the 8,00,000 milestone in India.

The company produces affordable cars in extensive variants such as SUVs, hatchbacks and MPV. Some of the popular car models of this brand include – Triber, Kwid, Duster and Kiger. Currently, it owns one manufacturing plant in the country, sharing the partnership with Nissan.

9. MG Motor |Market Share: 1.50%

Morris Garages is a British automobile manufacturer and one of the youngest car companies in the Indian market. It launched its automotive product in 2019, and since then, it has been known for manufacturing innovative vehicles. It also sells electric SUVs.

In 2021, it registered an increase in sales by 43%. As of February 2022, it owns a market share of 1.50%. Some of the top car models from this brand are – Hector, Hector Plus, Astor, Gloster, and ZEV.

10. Skoda Auto|Market Share: 1.49%

Based in the Czech Republic, Skoda is one of the leading car manufacturers in India. As of February 2022, it occupies a market share of 1.49%. In a similar month of this current fiscal year, Skoda Auto India Pvt. Ltd. witnessed a sale of 4,503 units, mostly derived from its top SUV model, Kushaq.

This company is popular for manufacturing premium cars with luxurious interiors and optimum driving performance. Some of its popular models include – Kushaq, Rapid, Octavia, Superb. Currently, it has two manufacturing plants.

Keep this list of top 10 car manufacturers in India in mind before heading to the market and investing in a car.