Top 5 Automobile Companies in India

1. Maruti Suzuki

Maruti Suzuki holds a firm position as the unrivaled leader in India’s passenger automobile sector. Established in
1982 through a joint venture between the Government of India and Suzuki Motor Corporation , the company has
consistently captured over 40% of the local market share. Such a level of dominance is a rarity in the automotive
industry, cementing Maruti Suzuki’s status as India’s largest car manufacturer.

With manufacturing facilities located in Haryana and Gujarat, Maruti Suzuki boasts an impressive annual production
capacity of 23.5 lakh units. Furthermore, the company has forged a global alliance with Toyota, a strategic
partnership that has significantly boosted its exports and global reach.

 Fuel Efficiency - Maruti Suzuki cars offer excellent fuel efficiency. It means if you are someone expecting a
mileage of 22-30 kmpl on a limited budget, there is no better option than a Maruti Suzuki car.
 Reliability - Almost all the car models manufactured by Maruti Suzuki offer excellent reliability, making them a
popular choice in the Indian market.

 Affordability - The cost of Maruti Suzuki cars aligns with every budget. The best part is despite offering budget-
friendly vehicles, they don't compromise on quality and safety. If you have a low budget, you can surely go for
Maruti cars.

2. Tata Motars

Tata Motors, the Indian Passenger Vehicle industry recorded the highest-ever annual wholesale volumes of 4.2
million units in FY 2024. Stands as one of the top automobile companies in India. Initially recognized as Tata
Engineering and Locomotive Company Ltd. (TELCO), the company underwent a significant transformation under the
visionary leadership of Ratan Tata. Tata Motors marked its foray into the passenger vehicle segment with the
introduction of the Indica hatchback in 1998. Despite facing initial challenges, the company displayed resilience and
even acquired renowned brands such as Jaguar and Land Rover, further enhancing its presence in the global
automotive arena.
 Budget Friendly - Tata Motors is known for manufacturing vehicles that even a person with a low income can
purchase; Tata Nano is an example.

 Safety Features - Tata is one of the best car companies in India for the remarkable safety features it provides. It
has earned a safety rating of 5, which is the highest.

 Variety of Models - From stylish hatchbacks and premium sedans to robust SUVs, Tata Motors has a range of
models for every type of car lover.

3.Hyundai Motars
Hyundai, which made its entry into the Indian market in 1996, has firmly established itself among the biggest
automobile companies in India. The South Korean automotive giant initially introduced the Santro small car and has
since diversified its portfolio to encompass hatchbacks, SUVs, sedans, and electric vehicles, all offered at competitive
price points. With a 14.24% market share in India’s passenger vehicle sales in 2024, Hyundai continues to fortify its
presence in the Indian automotive landscape.

 Higher Performance - Hyundai cars are among the top-performing cars in India. Models like i10, i20, Creta,
Verna, and Elantra are some of the most sought-after models in India because of their performance.

 Value for Money - Hyundai automobiles offer excellent value for money. Whether it is high safety, advanced
features or excellent fuel efficiency, you get everything you have paid for.

 Attractive Designs - Hyundai cars are effortlessly stylish and sleek, making them a popular choice among Indian
consumers. There are multiple budget-friendly attractive models, including the Creta SX and Elite I20.

4.Honda Cars India

Honda was among the early Japanese automakers to enter the Indian market, commencing its operations in 1995.
The company operates two manufacturing facilities in Greater Noida, Uttar Pradesh, and Tapukara, Rajasthan. Honda
left a significant mark with the launch of its City sedan car in 1998, which has consistently remained a top-selling

model in its segment.

 Comfortability - Honda is definitely the best car company in India for those who put comfort on the top. Almost
all the car models of Honda feature a comfortable and spacious interior that offers a laid-back and smooth
driving experience.

 Advanced Engine Technology - Honda's main selling feature is its advanced engine technology, which makes its
vehicles stand out in the market. The use of refined engine technology offers a smooth performance for their
vehicles.

 Better Resale Value - Honda four-wheelers retain their value quite impressively. If you are purchasing a car
from a long-term perspective, you can consider Honda.

5.Toyota India

Toyota, a prominent Japanese automotive major, entered the Indian market via a joint venture with the Kirloskar
Group in 1997. Although it may not be at the forefront in terms of sales volumes when compared to larger
competitors, Toyota offsets this with a diverse product range and robust export activities. The Toyota Fortuner SUV
and Innova MPV stand out as among its best-selling models in India.

 Safety Features - The brand focuses on safety features such as road sign assist, adaptive cruise control, pre-
collision detection, etc.

 Quality and Reliability - The car is known for its exceptional quality and reliability which is the reason why it is
popular in the Indian market.

 Resale Value - Another thing which makes Toyota the best buying decision for consumers is its resale value.
Toyota cars hold their value over time.

Bottom 5 Automobile Companies in India

1. Jeep

Jeep, a well-known American car brand famous for tough and powerful vehicles, came to India in 2016 with models
like the Jeep Wrangler and Grand Cherokee. They later introduced Compass, Compass Trailhawk, and Compass
Limited Plus.Jeep cars belongs to the luxury segment and is a preferred choice by a number of car enthusiasts for the
following reasons:
 Diverse Product Range: If you are planning to buy a Jeep car, then you can choose from diverse product range
including SUV s, pick-ups, and trucks.
 Performance: Jeep cars are widely known for their performance on all kind of terrains. It delivers notable
performance even when you are riding it on a challenging terrain and overcomes the off-road conditions.

2.Force Motors Ltd

Force Motors Limited, formerly known as Bajaj Tempo Motors, is an Indian multinational automotive manufacturing
company based in Pune, Maharashtra. Founded in 1958 by N. K. Firodia, the company is known for its range of
commercial vehicles, including the Traveller, Gurkha, Matador, and Urbania.

 Global Partnerships: Over the years, Force Motors has partnered with global automotive giants like Rolls-
Royce, BMW, Daimler, ZF, Bosch, VW, Traton, and MAN.
 Product Range: Their product range includes small commercial vehicles (SCV), multi-utility vehicles (MUV),
light commercial vehicles (LCV), special vehicles (off-roaders, recreation vehicles, and military vehicles), and
engines.

 Exports: Force Motors exports its products to various countries in Africa, Latin America, SAARC, ASEAN
countries, the Gulf, and Germany

3.Jaguar Land Rover India

Jaguar Land Rover India Limited is the Indian subsidiary of the British automotive company Jaguar Land Rover .
Jaguar offers a range of luxury SUVs and 4x4 vehicles, including popular models like the Range Rover, Land Rover
Discovery, and Land Rover Defender.
 · Product Range: JLRIL offers a variety of vehicles, including luxury SUVs, off-road vehicles, and hybrid/electric
models3.

· Sustainability: The company is committed to sustainability and has various CSR (Corporate Social Responsibility)
projects.

· Global Shortage Impact: Like many other automotive companies, JLRIL is currently affected by the global
semiconductor shortage, which may impact product availability and delivery timelines

4. Nissan Motor India Private Limited

Nissan Motor India Private Limited is the Indian subsidiary of Nissan Motor Co. Ltd., Japan. Established in 2005,
NMIPL offers a range of vehicles including hatchbacks, multi-utility vehicles, SUVs, and sedans. They operate a
manufacturing plant and a Research & Development Centre near Chennai, in collaboration with their global alliance
partner Renault.

 Product Range: Nissan offers a wide range of vehicles, including sedan, SUVs,Trucks,electric vehicles and sports
car.
 Sustainability: Nissan is committed to sustainability and has set targets to reduce its environmental impact.
 Alliance: Nissan is part of renault nissan-mistubishi alliance,a strategic partnership with other auto maker.

5.Renault India:
Renault India is a subsidiary of Renault S.A., a French multinational automobile manufacturer. A variety of vehicles,
including hatchbacks, sedans, SUVs, and electric automobiles, are available from the company, which has been in
business in India since 2005. Renault has a manufacturing plant in Chennai with an annual production capacity of 4.8
lakh units.

The company’s best-selling vehicles in India are the Kwid hatchback and the Duster SUV. Renault plans to launch its
new compact SUV, the Renault Kiger, which is expected to further increase the company’s market share in India.

Affordability & Innovation:Renault has focused on offering high value for money with cars that offer good design,
features, and performance at competitive prices. For example, the Renault Kwid has been particularly praised for its
modern features at an affordable price point.

Renault India’s Network:Renault India has built an extensive network of dealerships and service centers across the
country, providing a good customer experience and after-sales service.

Top management of Mahindra and Mahindra

Anand G Mahindra
Chairman,Mahindra Group
 Mr. Anand Mahindra is the Chairman of the Mahindra Group. His tenure has seen the Group expand
domestically and internationally into a range of major industrial sectors from automobiles and agriculture to IT
and aerospace.
 Mr. Mahindra graduated Magna Cum Laude from Harvard College (1977) and secured an MBA from the Harvard
Business School (1981).
 He has served on several influential bodies including the UN Global Compact Board, Global Board of Advisors of
the Council on Foreign Relations, and the World Bank Group’s Advisory Board for Doing Business.
 Mr. Mahindra has been awarded with the Padma Bhushan Award (2020), India's third highest civilian honour.
 Mr Mahindra is an incisive business commentator and humanitarian with over 9 million followers on Twitter.
 Mr. Mahindra also initiated the Nanhi Kali programme, which, for the last two decades, has provided over half a
million under-privileged girls access to high quality education.
 He made a generous endowment in 2010 to the Harvard Humanities Center which is now known as the
Mahindra Humanities Centre at Harvard.
 He has been named in Barron's List of Top 30 CEOs worldwide (2016) and Fortune Magazine’s list of the World’s
50 Greatest Leaders (2014).
 He was appointed ‘Knight in the National Order of the Legion of Honour’ by the President of the French Republic
(2016) and conferred the 'Grand Officer of the Order of the Star of Italy' by the President of Italy (2013).

DR. ANISH SHAH

Non Executive Director
 Dr. Anish Shah is a Non-Executive Director of Tech Mahindra Limited and the Managing Director and CEO of
Mahindra & Mahindra Ltd.
 He joined Mahindra Group in 2014, as Group President.
 Anish Shah was President and CEO of GE Capital India from 2009-14, where he led the transformation of the
business.
 As Director, Global Mortgage, he worked across 33 countries to drive growth and manage risk.
 As a strategy consultant at Bain & Company in Boston, he worked across multiple industries, including banking,
oil rigs, paper, paint, steam boilers and medical equipment.
 His first role was with Citibank in Mumbai, where he issued bank guarantees and letters of credit as Assistant
Manager, Trade Services.
 Anish Shah holds a Ph.D from Carnegie Mellon’s Tepper School of Business where his doctoral thesis was in the
field of Corporate Governance.
 He also received a Masters degree from Carnegie Mellon and has a post-graduate diploma in Management from
the Indian Institute of Management, Ahmedabad.
 He has received various scholarships, including the William Latimer Mellon Scholarship, Industry Scholarship at
IIMA, National Talent Search and Sir Dorabji Tata Trust.

MOHIT JOSHI
CEO And Managing Director,Tech Mahindra

 Mohit Joshi is Chief Executive Officer and Managing Director of Tech Mahindra
 Mohit is also a member of the Group Executive Board at Mahindra Group.
 He joined the company in 2023 to lead the company in the next phase of its growth.
 He is the Non-Executive Director at Aviva Plc. He also serves as the Board Member of the Tech Mahindra
Foundation – the CSR arm of Tech Mahindra.
 Prior to joining Tech Mahindra, he was President at Infosys and has served as the CEO of the Mexico business at
the company.
 Mohit was selected as a Young Global Leader by the World Economic Forum in 2014.
 He holds a master’s degree in business administration from the Faculty of Management Studies, Delhi
University, a bachelor’s degree in history from St. Stephen’s College, Delhi
 He attended various executive leadership programs including Global Leadership and Public Policy Program at
Harvard Kennedy School, and the Mahindra Rise program at the Harvard Business School.
 Mohit and his family are based out of London.

Top Management Personnel from any two player in the industry

Mr.R C Bhargava
Chairman,Maruti Suzuki

 President & C.E.O., RCB Consulting Private Limited - RCB Consulting is a management and human resource
consultancy firm, established in 1998
 Joined Maruti in 1981, almost immediately after its incorporation, as the Marketing Director.
 Involved in establishing the project from the very start. Appointed Managing Director (CEO) in 1985 and
Chairman & Managing Director in 1990.
 Retired in August 1997 after 12 years as CEO.

1979 -1981 Director (Commercial), Bharat Heavy Electricals Limited

 1977- 1978 Joint Secretary to the Government of India, Cabinet Secretariat
1974 - 1977 Joint Secretary to the Government of India, Ministry of Energy
1973 - 1974 Special Assistant to the Union Minister for Energy, the Government of India.

 Masters in Mathematic From Allahbad University

 1998 : President and CEO of RCB Consulting Private Limited, a management and human resource consultancy
outfit with various domestic and international clients.
 He was awarded the Padma Bhushan, the third highest civilian award in the Republic of India.

Mr. Natarajan Chandrasekaran

Non-Executive Director and Chairman, Tata Motors

 Mr. Natarajan Chandrasekaran is the Chairman of the Board of Tata Sons, the holding company of more than
100 Tata operating companies with a total annual revenue of over $100 billion.
 He joined the Tata Sons Board in 2016 and became Chairman in 2017.
 Mr. Chandrasekaran chairs the Boards of several group operating companies, including Tata Steel, Tata Motors,
Tata Power, Indian Hotels and TCS, where he was the Chief Executive from 2009-17.
 Mr. Chandrasekaran has also served as the Chairman of NASSCOM, the apex trade body for IT services firms in
India, in 2012-13. In 2016, he was appointed as a Director on the Board of the Reserve Bank of India
 A recipient of several awards, he has won the ‘Business Leader Award’ at The Economic Times Awards for
Corporate Excellence in 2016 and the ‘Best CEO’ at the 2015 All-Asia Executive Team rankings for five
consecutive years.
 Chandrasekaran was born into a farming family in 1963. After completing his primary and secondary education in
public schools, he attended the Coimbatore Institute of Technology and received a bachelor’s degree in applied
sciences.
 He completed a master’s degree in computer engineering in 1987 at the Regional Engineering College
in Tiruchirappalli, Tamil Nadu state.

CSR Policy
Mahindra and Mahindra Limited in line with its core purpose has set its CSR vision to focus its efforts in critical
constituencies that contribute to nation-building and the economy. In this manner, Mahindra and Mahindra Limited
aims to enable its stakeholders and communities to RISE.

The company aims to focus its CSR efforts within the constituencies of girls, youth & farmers through programmes
designed in the domains of education, health and environment. Apart from making contributions to its Corporate
Foundation’s/Trust’s projects (KC Mahindra Education Trust and Mahindra Foundation), the Company may also
make contributions towards the corpus of the said Foundations / Trusts subject to the approval of the Board. The
Company may also make contributions to ‘think tanks’ 2 for projects permitted under Schedule VII of the Act.

Objective of CSR Policy

 Define and lay down the guiding principles and strategies implementing Company’s CSR initiatives;
 Outline our Board’s vision and approach for undertaking CSR and creating impact in the communities;
 Encourage an increased commitment and engagement from employees towards CSR.

Csr committee
The members of the Board Level CSR Committee of Mahindra and Mahindra Limited.
 Dr Vishakha N. Desai (Chairperson)
 Mr Anand G. Mahindra
 Dr. Anish Shah
 Mr Vikram Singh Mehta
 Mr Muthiah Murudappan

Intiatives towards social inclusion and enviroment conservation

1. K. C. Mahindra Education Trust: Established by the late Mr. K. C. Mahindra in 1953, the K. C. Mahindra Education
Trust aims to 'Transform the lives of people in India through education, by providing financial assistance and
recognition to them, across age groups and across income strata'. It was registered as a Public Charitable Trust under
the Bombay Public Trusts Act, 1950.
2. Mahindra Academy: As part of its Corporate Social Responsibility activities, the Mahindra Group has established
schools near its factories primarily for children of its employees. At present, the Group has three schools that impart
high standards of education - Mahindra Academy at Malad in Mumbai, Mahindra Academy in Zaheerabad and a
school in Khopoli.

3. Disaster Relief: The Mahindra Foundation has been set up with a specific objective: to provide medical relief to
the poor and needy sections of society. The foundation has helped patients suffering from cancer, heart ailments as
well as burn victims.
4. The Group has Transformed 3 municipal Gardens: The Shivaji Garden (near Gateway of India) is admired for its
beautiful architecture and flourishing plants and flowers. Completely renovated by the Mahindra Group at a cost of
Rs. 6 Lakhs, it now has pathways for pedestrians as well as new stretches of lawns and flowers.

5. Reducing CO2 Emissions: The Bijlee is an innovative, home grown, first-of-its-kind electric three wheeler, India‟s
tried and tested battery operated vehicle. The Bijlee is an innovative “Kind to Man” technology initiative from
Mahindra & Mahindra alternate fuel programme. It is a zero emission electrically powered vehicle that runs on a 72
volts DC motor. The Bijlee 12 batteries allow the customer to do 80 km at a speed of 35 km/hour. 10 Mahindra
Bijlees were handed over to customers in 2006 by the Chief Minister of Pondicherry.

6. Nanhi Kali: Nanhi Kali is a program that supports education for the girl child and is being run by the K C Mahindra
Education Trust (KCMET). The project currently (2007) supports the education of over 32,000 underprivileged girl
children.

7. Environmental Initiatives: The environmental Performance enhancement is achieved through setting and
reviewing EMS Objectives and Targets, management programmes at plant level and at relevant functional levels.
These are in line with the Environmental Policy approved by the sector president. Some of the key Environmental
initiatives and areas of achievement in Nashik site are as follows.  Air Pollution:  Exhaust provided for all stacks in
paint shops.  Incinerators for ensuring complete combustion of flue gases  Scrubber for removing Suspended
Particulate Matter  Pollution levels monitored every six months using external professional Lab.  Ambiant Air,
Ambiant noise  Combustion Stacks  Process Stacks  Work Place Air, noise  Use of Ear Muffs, Ear plugs ensured in
all high noise areas. 

8.Water Pollution:  State of the Art combined STP (Sewage Treatment Plant) and ETP (Effluent Treatment Plant)
installed in Plant  Operation and Maintenance of ETP/STP closely monitored.  Effluent pollution parameters
monitored.

9.Mahindra Pride schools: It has decided to start two schools called Mahindra Pride schools for the SC/ST youth.
From the first Pride school, over 2000 students have been placed with a starting salary of Rs. 9000.
10.hariyali: It is a mass tree plantation & target was to plant 1 million trees.

11.ESOP: It enables Mahindra workforce to collectively donate thousands of human hours for various social projects,
in the three focused areas of Education, Health and Environment.

12.Anganwadi: Centre to serve educational & recreational needs of local children.

10.Schools adopted by M&M: With an aim to improve the learning level of children in government schools, the
Mahindra Group has entrusted K. C. Mahindra Education Trust to support 6 government schools in the city of
Mumbai, which have drop out rates as high as 15% by Std V and 22% by Std VII. A survey conducted in 60 schools in
Mumbai revealed that 60% of students studying in Std III would not read even simple paragraphs, 40% in Std IV
could not write and 32% were not able to do simple arithmetic. K. C. Mahindra Education Trust has identified Naandi
Foundation as our implementation partner to help us support these schools through their Ensuring Children Learn
programme. The schools identified are needy government schools and 5 of them located close to the factories and
offices were selected to allow the employees an opportunity to easily volunteer at these field sites.

13. Mahindra Search for Talent Scholarship: This was initiated in 1983. This has been set up in 35 educational
institutions across the country with an objective to enthuse and reward excellence in academics. This scholarship is
awarded to students obtaining the highest aggregate marks, based on the year-end examination. Further a student
who receives the Mahindra Search for Talent scholarship more than once, is awarded the „Honour scholarship‟
which includes a cash prize of Rs. 5000/- and a citation from the Trust.

No. School Name No School Name

1 Akurli Schools Marathi 1 4 Dalvi Plot School Marathi 1
2 Akurli Schools Marathi 2 5 Bajaj Road Marathi
3 Akurli Schools Marathi 6 G K Kadam Marg School,
Hindi medium (Kandivili) Hindi Medium

14.Health: 
• Blood Donation – Totally 14 camps conducted with 797 donors 
• Eye Camps – 7 Eye Camps conducted in which one was on Eye Donation Awareness (18 donors) and others focused
on eye testing and about 64 cataract operations were recommended. 
•Surgical Camp in association with Rotary Club for about 300 tribals in which 175 surgeries took place 
• Health Check Up –A unique initiative through which 115 Railway Porters at CST Mumbai were given health cards
after check up, similarly a camp benefited 170 policemen in Mumbai. 
• HIV/ Aids Awareness – 2 Camps were conducted in both urban & rural areas.
• Toilet Construction for school children 
• Typhoid Vaccinations for 200 children 
• Pulse Polio Awareness Drive
Corporate governance intiatives
Company believe that effective Corporate Governance Practices form the solid foundation upon which enduring
commercial enterprises are built. Organization culture and mindset are the driving forces behind good governance
practices. We have a strong leadership team that upholds and exemplifies effective Corporate Governance Practices,
which are deeply rooted in our Company’s culture and ethos.

At Mahindra , we understand that Corporate Governance is about fostering valuable relationships and trust with all
stakeholders. We consider our stakeholders as vital partners in our journey, including customers, local communities,
employees, suppliers and distributors, trade unions, NGOs, investors and shareholders, as well as government and
regulatory authorities. We remain dedicated to maximising stakeholder value and ensuring their trust is upheld in
everything we do.

For effective implementation of the Corporate Governance Practices, our Company has a well-defined policy
framework , consisting of the following:

• Codes of Conduct for Directors and Employees of our Company

• Whistle Blower Policy
• Policy on Prevention of Sexual Harassment
• Anti-Bribery and Anti-Corruption (ABAC) Policy
• Policy on Gift and Entertainment
• Corporate Social Responsibility Policy
• Safety, Occupational Health and Environment Policy
• Policy on Appointment/Removal of Directors and Senior Management Personnel
• Policy on the remuneration of Directors, Key Managerial Personnel and other Employees
• In 2021, we won the ‘Best Governed Company’ award in the Unlisted Segment, Medium Category, at the 21st
edition of the Institute of Company Secretaries of India (ICSI) National Awards. This recognition continues to
validate our ‘Best-in-Class’ Corporate Governance Practices and reflects our transparent and ethical dealings with all
stakeholders across the entire value chain.