Here is a list of leading auto rickshaw manufacturers present in India. Have a look!
1. Mahindra & Mahindra | Market Capitalisation: ₹111,806.52 crores
Mahindra and Mahindra is one of the notable auto-rickshaw brands in India. This company offers a number of auto rickshaw products that are durable and hardy. [1]
Here are its details -
- Year of Establishment: 1945
- Headquarters: Mumbai
- Group or Parent Company: Mahindra Group
- Number of Years: 76 years
- Global Presence: 40 countries
- Turnover: ₹45,040.98 crores
- USP of Products: The products offer superior ride quality. Moreover, the company offers electric 3-wheelers
- Average Price Range of Products: ₹2-3 lakhs
- Product Names: Alfa, Alfa Electric, Alfa Treo Electric
2. Bajaj Auto | Market Capitalisation: ₹111,218.21 crores
Bajaj Auto stands tall among the top auto-rickshaw companies in India. In fact, it is the largest manufacturer of auto-rickshaws in India. Additionally, the company is the largest exporter of 3-wheelers. [2]
Check out some of its details:
- Year of Establishment: 2007
- Headquarters: Pune
- Group or Parent Company: Bajaj Group
- Number of Years: 14 years
- Global Presence: Exports to more than 36 countries
- Turnover: ₹3,768.94 lakhs
- USP of Products: Bajaj Auto offers products in petrol, LPG, CNG and diesel. Additionally, they come at a very affordable price point.
- Average Price Range of Products: ₹2 lakhs
- Product Names: Bajaj RE, Bajaj Maxima, Bajaj Maxima X Wide
3. TVS Auto | Market Capitalisation: ₹27,512.29 crores
Among the best 3-wheeler companies in India, TVS is a reliable homegrown brand. Its extended warranty and lower maintenance costs make the products extremely high-quality. [3]
- Year of Establishment: 1992
- Headquarters: Chennai
- Group or Parent Company: TVS Group
- Number of Years: 29 years
- Global Presence: 60 countries
- Turnover: ₹16,750.54 crores
- USP of Products: Products come with a right-side entry barrier, intelligent music system, mobile charging socket, water bottle holder.
- Average Price Range of Products: ₹1-2 lakhs
- Product Names: TVS King, TVS King Deluxe, TVS King Duramax
4. Atul Auto | Market Capitalisation: ₹503.71 crores
One of the many auto rickshaw manufacturers in India is Atul Auto. The company manufactures diesel 3-wheelers. [4]
The table below highlights its key specifications:
- Year of Establishment: 1986
- Headquarters: Rajkot
- Group or Parent Company: Atul Autos
- Number of Years: 35 years
- Global Presence: 20 countries
- Turnover: ₹295 crores
- USP of Products: Sturdy and multifocal headlamp with halogen bulb is a USP of Atul Autos’ products.
- Average Price Range of Products: ₹1-1.5 lakhs
- Product Names: Atul Rik LPG, Atul Elite Plus, Atul Gem Paxx
5. Piaggio | Market Capitalisation: Not a public company
Another top 3-wheeler company in India is the Italian manufacturer of Vespa scooters. The company is a leader in the 3-wheel cargo space and offers electric, CNG, and LPG vehicles.
- Year of Establishment: 1998
- Headquarters: Pune
- Group or Parent Company: Piaggio Group
- Number of Years: 20 years
- Global Presence: 100+ countries
- Turnover: NA
- USP of Products: Products have higher fuel efficiency, dependable performance, and superior load-carrying capacity. Moreover, the company is planning to launch electric 3-wheelers with a swappable battery solution.
- Average Price Range of Products: ₹1.5 lakhs
- Product Names: Ape City, Ape Auto NT, Ape Xua NT
6. Lohia Auto | Market Capitalisation: Not a public company
Lohia is a top 3-wheeler company in India and a privately-owned company. It predominantly manufactures electric vehicles, along with a few diesel variants.
- Year of Establishment: 2008
- Headquarters: Noida
- Group or Parent Company: Lohia Global
- Number of Years: 13 years
- Global Presence: NA
- Turnover: ₹120 crores
- USP of Products: Diesel run and electric vehicles equipped with shock-absorbing technology. Also, the vehicles have a high loading capacity.
- Average Price Range of Products: ₹1.5-2 lakhs
- Product Names: Humsafar DLX, Humsafar 2000
7. J.S. Auto | Market Capitalisation: Not a public company
J.S. Auto is known for its reliable and top-notch 3-wheelers. This company manufactures as well as exports its products.
Here is a closer look at this company:
- Year of Establishment: 1986
- Headquarters: Kanpur
- Group or Parent Company: J.S. Auto Pvt. Ltd.
- Number of Years: 35 years
- Global Presence: NA
- Turnover: ₹100-500 crores
- USP of Products: Diesel, CNG and LPG products. Durable and reliable product offerings.
- Average Price Range of Products: ₹2.5 lakhs
- Product Names: Victory 1000 D IV, Victory 1000 CNG NV
Note: All figures provided are as of 21 October 2021
That marks the end of this article on the top 3-wheeler companies in India! We hope that based on this information, you can choose a ride that suits you best.