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Wednesday, October 20, 2010

Top Car Companies in India


India has been the epicenter of car sales all over the world in recent times. According to a report by 'Ernst & Young', the Indian car market will record the fastest compound annual growth rate between 2009 and 2020, more than double that of China . With a strong focus on small cars, the hatchback car segment will continue to dominate whereas the sale of sedan cars is also expected to pick up the pace. Foreseeing the growing sales prospects, all major luxury car manufacturers are also driving their best cars in India . The most notifying aspect has been a tremendous increase in SUV demand by Indian automobile market. All this points out to one thing for sure - India love cars.

Here is list of top three car manufacturing companies in India :

Maruti Udyog Ltd

Established in February 1981, Maruti Udyog Ltd has evolved as the largest car manufacturer in India. Since its rolling out of first vehicle, Maruti has been a clear leader on Indian roads. With numerous variants in hatchback, sedan and MUV segments, Maruti is the most trusted car brand in India.

Hyundai Motor India Limited

HMIL has been a revolution in Indian automobe industry. Its legendary hatchback model Hyundai Santro is credited to end Maruti's monoply in car industry of India. Besides this, numerous other variants like Hyundai i10, Hyundai Sonata, Hyundao Accent etc have enhanced HMIL's brand value as top car manufacturer in India.

Tata Motors Ltd

Tata Motors is India's largest automobile company. It is the largest commercial vehicle manufacturer in India and second largest passenger car manufacturer. The iconic automobile company has unleashed cars in all segments including hatchback, sedan, SUV and MUV's. Tata holds the honor of launching world's cheapest car Tata Nano in India.

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