Top 20 Transportation Equipment Manufacturing Companies in India 2023
Top 20 Transportation Equipment Manufacturing Companies in India 2023
India’s transportation equipment manufacturing industry has been growing rapidly in recent years, driven by factors such as rising demand for automobiles, increasing infrastructure development, and government initiatives to promote the manufacturing sector.
From automobiles and railways to aerospace and defense equipment, the industry has a wide range of companies that are driving innovation and growth in the sector.
In this context, this article will explore the top 20 transportation equipment manufacturing companies in India in 2023, highlighting their products, innovations, and contributions to the industry.
These companies are leading the way in manufacturing high-quality and innovative transportation equipment that meets the needs of domestic and international markets.
some of the leading companies in this industry based on their current standings:
- Tata Motors
- Ashok Leyland
- Mahindra & Mahindra
- Eicher Motors
- Bajaj Auto
- Hero MotoCorp
- TVS Motors
- Force Motors
- Maruti Suzuki India Limited
- Hyundai Motors India Limited
- Renault India
- Volkswagen India
- Ford India
- Honda Cars India Limited
- Toyota Kirloskar Motor
- Nissan Motor India
- BMW India
- Mercedes-Benz India
- Volvo India
- Scania India
Tata Motors
Tata Motors is a leading automobile manufacturer in India, with a wide range of commercial and passenger vehicles. The company was founded in 1945 and has since grown into a well-established player in the global automobile industry, with operations in several countries.
Tata Motors offers a comprehensive range of vehicles, including cars, trucks, buses, and defense vehicles. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Tata Nano, the world’s cheapest car, and the Tata Tigor EV, India’s first electric sedan.
Tata Motors has also been a pioneer in developing sustainable transportation solutions, such as the Tata Starbus Hybrid electric bus and the Tata Magic Iris electric vehicle.
The company has also launched a range of connected vehicles, which leverage the latest technologies such as IoT and artificial intelligence to provide enhanced safety, comfort, and convenience features to customers.
Overall, Tata Motors continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
Ashok Leyland
Ashok Leyland is one of the leading manufacturers of commercial vehicles in India, with a strong presence in the global market. The company was founded in 1948 and has since grown into a well-established player in the transportation equipment manufacturing industry.
Ashok Leyland offers a comprehensive range of commercial vehicles, including trucks, buses, and defense vehicles.
The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Ashok Leyland Optare electric bus, which was launched in collaboration with Optare Plc. of the UK.
Ashok Leyland has also been a pioneer in developing sustainable transportation solutions, such as the Ashok Leyland Sunshine Electric vehicle, which is powered by lithium-ion batteries and has zero-emission.
The company has also introduced the Ashok Leyland Partner, a light commercial vehicle designed for last-mile transportation needs.
Overall, Ashok Leyland continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Mahindra & Mahindra
Mahindra & Mahindra is one of the leading automobile manufacturers in India, with a diverse portfolio of products including passenger cars, commercial vehicles, and agricultural machinery. The company was founded in 1945 and has since grown into a well-established player in the global automobile industry.
Mahindra & Mahindra offers a comprehensive range of vehicles, including SUVs, sedans, pick-up trucks, and buses. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Mahindra e2o, India’s first electric car.
Mahindra & Mahindra has also been a pioneer in developing sustainable transportation solutions, such as the Mahindra Supro Electric Van, which is powered by lithium-ion batteries and has zero-emission.
The company has also introduced the Mahindra Treo, a three-wheeled electric vehicle designed for last-mile transportation needs.
Overall, Mahindra & Mahindra continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Eicher Motors
Eicher Motors is a leading manufacturer of commercial vehicles and motorcycles in India, with a history that dates back to 1948. The company is known for its strong focus on quality and innovation, and has established itself as a trusted brand in the transportation equipment manufacturing industry.
Eicher Motors offers a comprehensive range of commercial vehicles, including trucks and buses, as well as motorcycles through its subsidiary Royal Enfield. The company has also been a pioneer in developing sustainable transportation solutions, with a range of electric and hybrid vehicles in its portfolio.
In addition to its focus on innovation, Eicher Motors has also been committed to promoting safety and sustainability in the transportation industry. The company has implemented several initiatives to reduce its carbon footprint and promote sustainable practices in its manufacturing processes.
Overall, Eicher Motors continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company’s focus on sustainability and safety, along with its strong brand reputation, makes it a preferred choice for customers in the industry.
Bajaj Auto
Bajaj Auto is one of the leading motorcycle manufacturers in India, with a history that dates back to 1945. The company is known for its strong focus on innovation and has established itself as a trusted brand in the transportation equipment manufacturing industry.
Bajaj Auto offers a comprehensive range of motorcycles, including popular models such as the Bajaj Pulsar and the Bajaj Discover. The company has also been a pioneer in developing sustainable transportation solutions, with a range of electric and hybrid motorcycles in its portfolio.
In addition to its focus on innovation, Bajaj Auto has also been committed to promoting safety and sustainability in the transportation industry. The company has implemented several initiatives to reduce its carbon footprint and promote sustainable practices in its manufacturing processes.
Overall, Bajaj Auto continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company’s focus on sustainability and safety, along with its strong brand reputation, makes it a preferred choice for customers in the industry.
Hero MotoCorp
Hero MotoCorp is one of the leading motorcycle manufacturers in India and the world, with a history that dates back to 1984. The company is known for its strong focus on innovation and has established itself as a trusted brand in the transportation equipment manufacturing industry.
Hero MotoCorp offers a comprehensive range of motorcycles, including popular models such as the Hero Splendor, Hero Passion, and Hero Xtreme. The company has also been a pioneer in developing sustainable transportation solutions, with a range of electric and hybrid motorcycles in its portfolio.
In addition to its focus on innovation, Hero MotoCorp has also been committed to promoting safety and sustainability in the transportation industry. The company has implemented several initiatives to reduce its carbon footprint and promote sustainable practices in its manufacturing processes.
Overall, Hero MotoCorp continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company’s focus on sustainability and safety, along with its strong brand reputation, makes it a preferred choice for customers in the industry.
TVS Motors
TVS Motors is one of the leading motorcycle and scooter manufacturers in India, with a history that dates back to 1978. The company is known for its strong focus on innovation and has established itself as a trusted brand in the transportation equipment manufacturing industry.
TVS Motors offers a comprehensive range of motorcycles and scooters, including popular models such as the TVS Apache, TVS Jupiter, and TVS Ntorq. The company has also been a pioneer in developing sustainable transportation solutions, with a range of electric and hybrid vehicles in its portfolio.
In addition to its focus on innovation, TVS Motors has also been committed to promoting safety and sustainability in the transportation industry. The company has implemented several initiatives to reduce its carbon footprint and promote sustainable practices in its manufacturing processes.
Overall, TVS Motors continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company’s focus on sustainability and safety, along with its strong brand reputation, makes it a preferred choice for customers in the industry.
Force Motors
Force Motors is a leading manufacturer of commercial vehicles in India, with a history that dates back to 1958. The company is known for its strong focus on quality and innovation, and has established itself as a trusted brand in the transportation equipment manufacturing industry.
Force Motors offers a comprehensive range of commercial vehicles, including buses, trucks, and utility vehicles. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Force Traveller Smart Citibus, India’s first electric bus.
Force Motors has also been a pioneer in developing sustainable transportation solutions, such as the Force Gurkha, an off-road vehicle designed for rough terrain. The company has also introduced the Force Traveller School Bus, a school bus designed for enhanced safety and comfort of children.
Overall, Force Motors continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Maruti Suzuki India Limited
Maruti Suzuki India Limited is the largest automobile manufacturer in India and a subsidiary of the Japanese automaker Suzuki. The company was founded in 1981 and has since grown into a well-established player in the global automobile industry.
Maruti Suzuki offers a comprehensive range of vehicles, including cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Maruti Suzuki Celerio, India’s first car with an automated manual transmission.
Maruti Suzuki has also been a pioneer in developing sustainable transportation solutions, such as the Maruti Suzuki WagonR Electric, which is powered by lithium-ion batteries and has zero-emission.
The company has also introduced the Maruti Suzuki Ertiga CNG, a car that runs on compressed natural gas, which is a more environment-friendly fuel compared to conventional petrol and diesel.
Overall, Maruti Suzuki continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Hyundai Motors India Limited
Hyundai Motors India Limited is a subsidiary of the South Korean automobile manufacturer Hyundai Motor Company. The company was founded in 1996 and has since grown into a well-established player in the Indian automobile industry.
Hyundai Motors India offers a comprehensive range of vehicles, including cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Hyundai Venue, India’s first connected SUV.
Hyundai Motors India has also been a pioneer in developing sustainable transportation solutions, such as the Hyundai Kona Electric, which is powered by lithium-ion batteries and has zero-emission.
The company has also introduced the Hyundai Grand i10 Nios CNG, a car that runs on compressed natural gas, which is a more environment-friendly fuel compared to conventional petrol and diesel.
Overall, Hyundai Motors India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Renault India
Renault India is a subsidiary of the French automobile manufacturer Renault. The company was founded in 2005 and has since established itself as a key player in the Indian automobile industry.
Renault India offers a comprehensive range of vehicles, including cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Renault Kwid, a small car designed for the Indian market.
Renault India has also been a pioneer in developing sustainable transportation solutions, such as the Renault Zoe Electric, which is powered by lithium-ion batteries and has zero-emission. The company has also introduced the Renault Triber, a car designed for enhanced fuel efficiency and reduced carbon emissions.
Overall, Renault India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Volkswagen India
Volkswagen India is a subsidiary of the German automobile manufacturer Volkswagen. The company was founded in 2007 and has since established itself as a key player in the Indian automobile industry.
Volkswagen India offers a comprehensive range of vehicles, including cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Volkswagen Polo, a small car designed for the Indian market.
Volkswagen India has also been a pioneer in developing sustainable transportation solutions, such as the Volkswagen e-Golf, which is powered by lithium-ion batteries and has zero-emission. The company has also introduced the Volkswagen T-Cross, a car designed for enhanced fuel efficiency and reduced carbon emissions.
Overall, Volkswagen India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Ford India
Ford India is a subsidiary of the American automobile manufacturer Ford Motor Company. The company was founded in 1995 and has since established itself as a key player in the Indian automobile industry.
Ford India offers a comprehensive range of vehicles, including cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Ford EcoSport, a compact SUV designed for the Indian market.
Ford India has also been a pioneer in developing sustainable transportation solutions, such as the Ford Fusion Electric, which is powered by lithium-ion batteries and has zero-emission. The company has also introduced the Ford Freestyle, a car designed for enhanced fuel efficiency and reduced carbon emissions.
Overall, Ford India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Honda Cars India Limited
Honda Cars India Limited is a subsidiary of the Japanese automobile manufacturer Honda. The company was founded in 1995 and has since established itself as a key player in the Indian automobile industry.
Honda Cars India offers a comprehensive range of vehicles, including cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Honda City, a popular sedan in the Indian market.
Honda Cars India has also been a pioneer in developing sustainable transportation solutions, such as the Honda Clarity Fuel Cell, which is powered by hydrogen and has zero-emission. The company has also introduced the Honda Amaze, a car designed for enhanced fuel efficiency and reduced carbon emissions.
Overall, Honda Cars India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Toyota Kirloskar Motor
Toyota Kirloskar Motor is a subsidiary of the Japanese automobile manufacturer Toyota. The company was founded in 1997 and has since established itself as a key player in the Indian automobile industry.
Toyota Kirloskar Motor offers a comprehensive range of vehicles, including cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Toyota Innova, a popular MPV in the Indian market.
Toyota Kirloskar Motor has also been a pioneer in developing sustainable transportation solutions, such as the Toyota Mirai, which is powered by hydrogen and has zero-emission. The company has also introduced the Toyota Prius, a hybrid car designed for enhanced fuel efficiency and reduced carbon emissions.
Overall, Toyota Kirloskar Motor continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Nissan Motor India
Nissan Motor India is a subsidiary of the Japanese automobile manufacturer Nissan. The company was founded in 2005 and has since established itself as a key player in the Indian automobile industry.
Nissan Motor India offers a comprehensive range of vehicles, including cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Nissan Kicks, a compact SUV designed for the Indian market.
Nissan Motor India has also been a pioneer in developing sustainable transportation solutions, such as the Nissan Leaf, which is powered by lithium-ion batteries and has zero-emission. The company has also introduced the Nissan Sunny, a car designed for enhanced fuel efficiency and reduced carbon emissions.
Overall, Nissan Motor India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
BMW India
BMW India is a subsidiary of the German automobile manufacturer BMW. The company was founded in 2006 and has since established itself as a key player in the Indian automobile industry.
BMW India offers a comprehensive range of vehicles, including luxury cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the BMW 3 Series, a popular sedan in the Indian market.
BMW India has also been a pioneer in developing sustainable transportation solutions, such as the BMW i3, which is powered by lithium-ion batteries and has zero-emission. The company has also introduced the BMW X5, a car designed for enhanced fuel efficiency and reduced carbon emissions.
Overall, BMW India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Mercedes-Benz India
Mercedes-Benz India is a subsidiary of the German automobile manufacturer Mercedes-Benz. The company was founded in 1994 and has since established itself as a key player in the Indian automobile industry.
Mercedes-Benz India offers a comprehensive range of vehicles, including luxury cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Mercedes-Benz C-Class, a popular sedan in the Indian market.
Mercedes-Benz India has also been a pioneer in developing sustainable transportation solutions, such as the Mercedes-Benz EQC, which is powered by lithium-ion batteries and has zero-emission.
The company has also introduced the Mercedes-Benz E-Class, a car designed for enhanced fuel efficiency and reduced carbon emissions.
Overall, Mercedes-Benz India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Volvo India
Volvo India is a subsidiary of the Swedish automobile manufacturer Volvo. The company was founded in 2008 and has since established itself as a key player in the Indian automobile industry.
Volvo India offers a comprehensive range of vehicles, including luxury cars and SUVs, catering to a diverse range of customers. The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Volvo XC40, a popular SUV in the Indian market.
Volvo India has also been a pioneer in developing sustainable transportation solutions, such as the Volvo XC90 T8, which is a plug-in hybrid electric SUV that combines a gasoline engine with an electric motor to achieve high fuel efficiency and low carbon emissions.
Overall, Volvo India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
Scania India
Scania India is a subsidiary of the Swedish commercial vehicle and engine manufacturer Scania AB. The company was founded in 2007 and has since established itself as a key player in the Indian transportation equipment manufacturing industry.
Scania India offers a comprehensive range of commercial vehicles, including buses and trucks, catering to a diverse range of customers.
The company is known for its focus on innovation and has introduced several groundbreaking products, such as the Scania Metrolink, a high-capacity luxury coach designed for long-distance travel in the Indian market.
Scania India has also been a pioneer in developing sustainable transportation solutions, such as the Scania Bioethanol buses, which run on biofuels made from waste and agricultural residues, reducing carbon emissions and promoting a circular economy.
Overall, Scania India continues to be a leading player in the Indian transportation equipment manufacturing industry, offering high-quality and innovative products that meet the needs of domestic and international markets.
The company has a strong focus on sustainable transportation solutions, which is aligned with the government’s vision of promoting clean and green mobility in the country.
In conclusion, the transportation equipment manufacturing industry in India is a diverse and rapidly growing sector, with many leading players that are shaping the future of mobility in the country.
The top 20 companies in this industry are renowned for their high-quality and innovative products, catering to a wide range of customers and markets.
Tata Motors, Ashok Leyland, and Mahindra & Mahindra are among the top players in the commercial vehicle segment, while BMW India, Mercedes-Benz India, and Volvo India are known for their luxury cars and SUVs.
The companies in this list are also committed to developing sustainable transportation solutions, with a strong focus on reducing carbon emissions and promoting clean mobility.
Overall, the transportation equipment manufacturing industry in India is poised for growth, with continued investments in research and development, innovation, and sustainable solutions.
This industry will play a critical role in shaping the future of mobility in India, enabling greater accessibility, safety, and sustainability for people and goods.
