Top Automobile Manufacturers Leading the Industry in India 2025

India’s automobile industry is booming, standing as one of the largest and most innovative in the world. India's automotive industry has witnessed significant growth, with both automobile manufacturers and auto parts manufacturers playing pivotal roles. 

In fact, India’s auto component industry achieved a record turnover of INR 6.14 trillion (US$73.1 billion) between April 2023 and March 2024, representing a 9.8% increase from the previous year. 

The revenue of India's automotive components industry is expected to cross USD 80.1 billion in FY2025, with exports already touching USD 21.2 billion. The auto component market in India is projected to grow by USD 259.03 billion from 2025 to 2029, at a CAGR of 37%. 

As 2025 unfolds, the country's leading automobile manufacturers and auto parts manufacturers continue to drive forward with cutting-edge technology and a strong focus on meeting global standards. 

Let’s have a look at the key players who are driving India’s automotive future.

Leading Automobile Manufacturers in India

1. Tata Motors

Tata Motors remains one of the most prominent automobile manufacturers in India. With a robust lineup of passenger cars, commercial vehicles, and electric vehicles (EVs), the company is a leader in adopting advanced technologies. Tata Motors holds a market share of around 12.3% in the passenger car segment.

Tata Motors is renowned for its robust build quality and innovative designs, contributing significantly to the industry's growth. The company’s focus on localised production and innovation has solidified its position as a market leader.

2. Mahindra & Mahindra

Known for its SUVs, tractors, and electric vehicles, Mahindra & Mahindra is another top name among automobile manufacturers in India. The company is investing heavily in electric mobility and connected vehicle technologies, ensuring its products meet the demands of a tech-savvy customer base.

Specialising in utility vehicles and SUVs, Mahindra & Mahindra commands an 11.4% market share. The company’s focus on durability and performance has solidified its position among the top automobile manufacturers in India.

3. Maruti Suzuki

Maruti Suzuki is a household name in India, dominating the passenger car segment with fuel-efficient and affordable models. The brand's consistent focus on innovation, along with its expansive service network, has made it a favourite among Indian consumers and a key player in the global automotive landscape.

Maruti Suzuki continues to dominate the Indian automotive landscape with a market share of 41.6%. Known for producing reliable and affordable vehicles, the company sold approximately 1,565,012 units between January and September 2023.

4. Ashok Leyland

Ashok Leyland is a major manufacturer in India's commercial vehicle sector, particularly known for its trucks and buses. It's part of the Hinduja Group and was founded in 1948. 

The company ranked third in commercial vehicle sales during the financial year 2024, following Tata Motors and Mahindra & Mahindra. It has a strong presence in both domestic and international markets, contributing to its substantial revenue.

5. Hero MotoCorp

In the two-wheeler segment, Hero MotoCorp is a clear leader. Founded in 1985 as a joint venture between Hero Cycles and Honda, it became independent from Honda in 2010. 

The company is headquartered in New Delhi and produces a wide range of motorcycles and scooters. They also have a growing presence in the electric vehicle (EV) market with their Vida electric scooter. Recently, Hero MotoCorp showcased several new models at the Bharat Mobility Global Expo 2025, including the Xtreme 250R, Xoom 160, Vida Z, and Xpulse 210.

Prominent Auto Parts Manufacturers in India

1. Bosch Ltd.

Established in 1951 and headquartered in Bengaluru, Bosch Ltd. is a leading supplier of engine parts, brakes, and electrical components. The company serves major clients, including Maruti Suzuki, Tata Motors, and Mahindra & Mahindra.

Their Mobility Aftermarket Division is responsible for the supply, sales, and distribution of automotive parts for vehicle servicing. They also provide diagnostics equipment for workshops, technical information, training, and consulting services.

2. Automotive Axles Ltd.

Founded in 1981 and based in Mysuru, Automotive Axles Ltd. is the largest manufacturer of automotive axles and rear drive axle assemblies in India. Their product range includes drive axles, front steer axles, and defence axles.

AAL has manufacturing facilities in Mysore, Pantnagar, and Jamshedpur. The company is known for its state-of-the-art manufacturing technology and flexible housing line, which allows it to produce various types of axles used in light commercial vehicles (LCV), medium commercial vehicles (MCV), and heavy commercial vehicles (HCV).

3. Minda Industries Ltd.

A major player in the auto components sector, Minda Industries offers a diverse range of products, including switches, lighting, and acoustic systems, catering to various automobile manufacturers in India.

Now known as Uno Minda Limited, the company was founded in 1958. Uno Minda is also focusing on expanding its electric vehicle (EV) portfolio, with a significant presence in the two-wheeler EV segment. They have partnered with technology providers like StarCharge and Inovance to enhance their EV product offerings.

4. Sundaram Clayton Ltd.

Part of the TVS Group, Sundaram Clayton is a leading manufacturer of aluminium die-cast products, supplying to both domestic and international automobile manufacturers. Their product range includes automotive components such as engine blocks, cylinder heads, and transmission cases.

5. Bharat Forge Ltd.

A global leader in metal forging, Bharat Forge supplies critical components to the automotive industry, including engine and chassis parts, serving both automobile and auto parts manufacturers worldwide.

Founded in 1961 by Nilkanthrao A. Kalyani, it is headquartered in Pune, Maharashtra, and is the flagship company of the Kalyani Group. Bharat Forge is known for its world-class forging facility, which is the largest single location forging facility globally.

Also Read: Top Textile Manufacturers Leading the Industry in India 2025

The Role of Auto Parts Manufacturers

The success of automobile manufacturers in India is closely tied to the country’s thriving ecosystem of auto parts manufacturers. Companies like Bosch India, Bharat Forge, and Sundaram-Clayton supply critical components that fuel the growth of India’s automotive sector. These auto parts manufacturers focus on innovation, quality, and precision to support the evolving needs of the industry.

How Nexizo Supports Automotive Growth

In a rapidly evolving sector, tools like Nexizo help automobile manufacturers and auto parts manufacturers stay competitive. Nexizo provides access to structured data, insights about potential business opportunities, and decision-maker contacts. This allows manufacturers to identify relevant tenders, explore new supply chain partnerships, and stay ahead of emerging trends.

For instance, an auto parts manufacturer seeking to supply components to electric vehicle makers can use Nexizo to spot opportunities early and connect with leading players in the EV segment.

In all, Nexizo helps businesses in the automotive sector by providing access to verified contacts, tender histories, and financial insights. So, whether you are looking to partner with leading automobile manufacturers or auto parts manufacturers in India, Nexizo helps you identify the right opportunities and connections.

Driving Toward the Future

As the industry embraces electric mobility, sustainability, and smart technologies, Indian automobile manufacturers are at the forefront of this revolution. Auto parts manufacturers are equally crucial in supporting this transition with innovative and reliable components.

With platforms like Nexizo empowering businesses with the tools they need, the industry is set to maintain its leadership on the global stage.

Whether you are exploring new partnerships or identifying growth opportunities, the Indian automobile industry offers immense potential in 2025.