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Maruti Suzuki India Limited (MSIL) Maruti Suzuki India is an undisputed leader in the Indian automobile
industry. Started its journey in February 1981 as Maurti Udyog Limited,
the company created history in the Indian automobile market with its
hugely popular four-wheeler model Maruti 800. The company became the
first Indian automobile company to manufacture one million vehicles in
1994. The company became Maruti Suzuki India Limited on September
17, 2007.
Maruti's average revenue for the year ending 2010-11 is US$7.13 billion.
Maruti sold 83,306 units of vehicles in September 2009, comparing to
71,000 units in the same month in the previous year (with a growth rate
of 17.3%). It also exported 11,712 units during September 2009,
comparing to 6,318 units in the same month in the previous year (with a
growth rate of 85.4%).
Hyundai Motor India Limited (HMIL) Hyundai Motor India Limited, founded in 1998 and a subsidiary of Korean
auto giant Hyundai Motor Company, is the second largest car
manufacturer in India. It is also country's largest passenger car exporter.
Hyundai Motor came very close to the hearts of the Indian auto lovers
through its flagship model Santro.
After the recession, Hyundai Motor saw a growth rate of 25% in the
domestic market. During September 2009, HMIL sold 53,804 units,
comparing to 46,218 units during September 2008. In the domestic
market, it sold 27,803 units in September 2009, comparing to 22,311
during September 2008. The overseas sales during the same period also
grew up 9% as it sold 26,001 units in September 2009, comparing to
23,907 units during the same month in the previous year.
In 2010, When Honda decided to move out of the joint venture, Hero
Group bought the shares held by Honda. Subsequently, in August 2011
the company was renamed Hero MotoCorp with a new corporate identity.
Hero Honda Motors Limited, the joint venture between Hero Group and
Honda, was the biggest two-wheeler manufacturers in the world. It shook
the Indian two-wheeler market with its famous model Hero Honda
Splendor, which became the largest selling motorcycle in the world. It
consistently sold more than 1 million units of Splendors every year.
In 2008-09, Hero Honda sold about 3.28 million bikes and registered a net
profit of ` 1281.7 crore. It sold 4,01,290 units of two-wheeler in
September 2009, comparing to 3,85,262 in September 2008. It already
sold 11,83,235 units of two-wheelers in Q2 of FY10 with a growth rate of
21.7% against the corresponding period of the previous year.
Bajaj Auto
Bajaj Auto is the second largest two-wheeler manufacturer in India. It is
also the fourth largest two and three-wheeler maker in the world. In
September 2009, Bajaj Auto sold 249,795 units of two-wheelers,
comparing to 218,494 units in September 2008 (with a growth rate of
14.3%). During September 2009, it also registered a growth of 12.4% in
the domestic two-wheeler sales and 19.9% in two-wheeler export.
Toyota Kirloskar Motor Private Limited (TKM)Toyota Kirloskar Motor Private Limited is another top Indian automobile
company. A joint venture between the Japanese auto giant Toyota Motor
Corporation and Kirloskar Group, TKM has a number of car models
including Innova, Corolla, Fortuner, Camry and the Land Cruiser Prado. It
sold 7,657 units in December 2009..
Hindustan Motors
Hindustan Motors is another top automobile company in India. It was once
country's largest car manufacturer before Maruti Udyog overpowered it.
Its popular model 'Ambassador' has been extensively used as government
limousine as well as taxi cab in India.
Last Updated on 4/23/2015
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