Top Car brands in India

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By - Anand Lalwani

Mail - anandlalwani2000@gmail.com


1. Maruti Suzuki | Market Share: 41.6%



Collaborating with Suzuki Motor Corporation, a Japanese automobile manufacturer, Maruti Suzuki, a household name, holds a market share of 41.6% as of September 2023 and is the leading car manufacturer in India.

  • Car units sold from Jan to Sep 2023: 15,65,012 units*
  • Popular cars: Swift, Alto, Baleno, Ertiga, Wagon R, and Celerio 
  • Manufacturing plants: Maruti Suzuki has 3 manufacturing plants in India
  • It is known for manufacturing cars with optimum features at affordable prices. Besides, the brand also offers excellent after-sales services.

2. Hyundai Motor Company | Market Share: 

 14.9%



Source: hyundaimotorgroup

Headquartered in Seoul, Hyundai Motor Company or Hyundai, is India's 2nd largest car manufacturer. The brand witnessed its highest growth since the commencement of operations in India in FY 2022-23 by selling 5,67,546 car units against 4,81,500 in FY 2021-22.

  • Car units sold from Jan to Sep 2023: 5,74,807 units*
  • Popular cars: Santro, Xcent, Verna, Creta, Elantra, Eon, i10 Grand, i10 and Tucson.
  • Manufacturing plants: Currently, it owns 2 manufacturing plants in Chennai, equipped with best-in-class production technology and testing capabilities.
  • It manufactures both premium and affordable car models bearing top-notch features.
  • It holds a market share of 14.9% as of September 2023.

3. Tata Motors | Market Share: 12.3%



source: tatamotors

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. Every car model has excellent built quality. 

  • Car unit sold from Jan to Sep 2023: 7,21,091 units*
  • Popular cars: Hexa, Tiago, Indica, Safari, Storme, Nano, and Bolt. 
  • Manufacturing sites: The brand owns 15 manufacturing sites and 3 R&D sites in India.
  • As of September 2023, it has a market share of 12.3%. 

4. Mahindra & Mahindra | Market Share:

 11.4%


A multinational automobile manufacturer based in Mumbai, Mahindra & Mahindra is one of the best car manufacturers in India. In September 2023, it sold around 41,267 units and reported an increment in market growth by 20.5% compared to the units sold in the same month last year.

  • Car unit sold from Jan to Sep 2023: 5,87,443 units*
  • Popular cars: Scorpio, Bolero, Thar, XUV500 and Xylo.
  • Manufacturing plants: The company has established 11 state-of-the-art manufacturing plants across India, headquartered in Mumbai.
  • The company holds a market share of 11.4% as of September 2023.
  • It is the largest SUV manufacturer in the country.

5. Toyota Motor Corporation | Market Share:

 6.1%



A Japanese multinational automobile company, Toyota is the largest vehicle manufacturer worldwide. Its sales figure in September 2023 was 22,168 units.  

  • Car unit sold from Jan to Sep 2023: 1,70,782 units*
  • Popular cars: Innova Crysta, Urban Cruiser, Glanza, Camry, Fortuner, Hilux, and Vellfire.
  • Manufacturing plants: Toyota Kirloskar Motor has 2 manufacturing units in Bidadi, near Bengaluru, Karnataka.
  • This brand retails cars with top-notch safety features and strong built quality.
  • It constitutes a market share of 6.1% as of September 2023. 

6. Kia Corporation | Market Share: 5.5%



Kia is a multinational automobile company based in Seoul. It ranks among India's top 10 automobile manufacturers in terms of its sales, as it witnessed a 44% growth in FY 2022-23 in India. Further, it holds a market share of 5.5% as of September 2023.  

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.  

  • Car unit sold from Jan to Sep 2023: 1,95,351 units*
  • Popular cars: Carnival, Seltos, Carens and Sonnet.
  • Manufacturing plants: Kia India’s manufacturing plant is situated in Anantapur District, Andhra Pradesh
  • As of September 2023, it reported sales of approximately 20,022 units.
  • The 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 and Seltos in this award list. 

7. Honda Cars | Market Share: 2.7%



Honda Motors stepped into the Indian market in 1995. As of September 2023, it occupies a 2.7% market share in India. At the same time, it registered sales of 9,861 units.

  • Car unit sold from Jan to Sep 2023: 73,526 units*
  • Popular cars: Honda City, Amaze, Brio, Accord, Civic and Jazz. 
  • Manufacturing plants: Currently, it owns two manufacturing plants in India, having a capacity to manufacture 60,000 to 1,00,000 units in a year.
  • This car manufacturer produces durable and fuel-efficient cars equipped with the latest technology and attractive design.


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