Top 10 Car (Automobile) Companies in India 2017

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3. Mahindra and Mahindra

Mahindra and Mahindra Limited (M&M) is an Indian company that spreads to multinational operations, headquartered in Mumbai, Maharashtra, India.


Image: company website

It boasts of being the largest Tractor manufacturer and seller in the world, traded at BSE and NSE. Before independence it was set up as a steel manufacturing company and known as Mahindra and Mohammed, but when one of its founders, Ghulam Mohammed migrated to Pakistan after independence, it came to be known as Mahindra & Mahindra.

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With the largest share in the utility vehicle segment, it is not behind in the passenger vehicle segment and with its flagship model, XUV 500; it soon became a top seller in India. It had all, the luxuries of a car as well as the power of an SUV and its sturdiness. It made a path breaking entry in the Indian market with its Scorpio. It is mostly known to market SUVs, and majorly farm equipments. So their vehicles are known to be sturdy. Not only in India, but also in China, the U.K. and the U.S.A., it has its assembly plants that bring down its transportation costs. With a wide global presence, covering Africa and Europe above all, Mahindra started its passenger vehicles segment with the Logan in April 2007 under the Mahindra Renault joint venture-ship.  It has its presence in the Energy and the Defense sector with a keen focus on the eco friendly green power, by harnessing solar power (Mahindra Solar) through Mahindra Cleantech Ltd.  Not only is it big on size and innovation, but also it does give equal importance to building reliable, sturdy and energy efficient engines.

Mahindra Scorpio was India’s first urban SUV, which suited well both the urban as well as the rural roads; hence it soon gained a catch in the rural market as well.  Not only in the mechanical sphere, but also it is present in the IT sphere with its IT arm, Tech Mahindra. Also, not only does it provide communication means for the roads, but also through air and water, by its aerospace and marine engineering wing. Through a dedicated R&D center, they not only innovate ahead of the curve but also bring solutions for keeping their operations sustainable and earth-friendly. They believe in transforming engineering and design problems while keeping their relationship with the natural world. Keeping their focus on world class products, they give utmost importance to the quality of all their manufacturing processes, be it any small.

Number of cars sold: 236130

Market Share: 7.6%




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