10 biggest auto companies in India

february 24, 2025

Data: Screener, NSE

Image: Shutterstock

Here’s a list of India's 10 largest automobile companies as per market capitalisation (M-cap)*!

*M-cap as of Feb 24, 2025 on the NSE

M-cap: ₹33,298.18 crore
It manufactures agri-machinery, construction, and railway equipment.

10. Escorts Kubota

Image: kubota.com

M-cap: ₹65,020.59 crore
 It manufactures commercial vehicles, buses, trucks, and other products.

9. Ashok Leyland

Image: Shutterstock

M-cap: ₹77,086.18 crore
It manufactures motorcycles and scooters.

8. Hero MotoCorp

Image: heromotocorp.com

M-cap: ₹1.12 lakh crore
It is a multinational three-wheeler and motorcycle manufacturer.

7. TVS Motor

Image: Shutterstock

M-cap: ₹1.37 lakh crore
It manufactures motorcycles and commercial vehicles.

6. Eicher Motors

Image: eicher.in

M-cap: ₹1.46 lakh crore
It is a South Korean automobile manufacturer.

5. Hyundai Motors 

Image: Shutterstock

M-cap: ₹2.35 lakh crore
It manufactures motorcycles, scooters and auto rickshaws.

4. Bajaj Auto

Image: Shutterstock

M-cap: ₹2.47 lakh crore
It produces cars, trucks, vans, and buses.

3. Tata Motors

Image: Shutterstock

M-cap: ₹3.35 lakh crore
It makes cars, tractors and other vehicles. 

2. Mahindra & Mahindra

Image: Shutterstock

M-cap: ₹3.87 lakh crore
India's largest passenger car maker, it is a subsidiary of Suzuki Motor, Japan.

1. Maruti Suzuki

Image: Shutterstock

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