The Indian automobile industry that was in an embryonic stage in 1940s has now grown to million dollar industry with huge increase in the number of vehicles on the road. By 2050 611 billion vehicles are expected to be there on the nation’s roads.
The Indian vehicle industry includes variety of vehicles which plays a crucial role in the growth of Indian economy. Increasing demands for materials increases the need for transportation of goods and people. India, being second most populous country in the world the fact that only 10-20% Indians own vehicles is a ray of hope to automobile industry.
Unlike other industries which were affected by the outbreak of covid-19 pandemic, this is the only industry which has acquired growth during this time. The fear of pandemic and personal health resulted in the shoot-up in the demand commercial vehicles which increased the demand for automotive components market.
A recent study states that the Indian commercial vehicle market is going to grow at a CAGR of 2.97 percent from 2018 to 2030.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Commercial Vehicle & Body Parts Manufacturers - 2021" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Daimler Group is a leading global vehicle manufacturer and the world’s biggest manufacturer of commercial vehicles with a global reach.
Manufacturer of wide range of products, from luxury buses and executive coaches to compact series vehicles like ambulances, mobile display vans etc.
A futuristic company with a dedicated work force has with state-of-art-technology, Sri Krishna Coach Builders, serves both domestic as well as international markets.
Starting from 1975, company offers an exclusive range of transport product and solution
one of India's leading manufacturer of buses and coaches that are not only safe and durable but also enhance the passenger's travel experience.
Tata Motors is among the world’s leading manufacturers of automobiles who believes in ‘Connecting aspirations’, by offering innovative mobility solutions that are in line with customers' aspirations
All manufacturing facilities house all the machinery and the processes required for making the most reliable product for the customer.
Vazron has decades of experience in Steel Manufacturing & Food Processing.
Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment as well as marine and industrial engines
With eye on global opportunity, the company has expanded its presence in more than 20 countries over a decade and established itself as a most preferred brand for the compact tractors.
