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Feb 23, 2024

An Overview of India’s Top 11 Car Companies in 2024

If you are in the market looking for a new car, you have a wide variety to choose from. Regardless of the car brand you choose, it is important to insure it with the right car insurance policy. Not only does it ensure legal compliance, but also helps you during unfortunate scenarios.* Claims are subject to terms and conditions set forth under motor insurance policy. The presence of so many car brands can lead to a bit of confusion. With so many options in the Indian market, which one is ideal for you? This guide is here to help.

Top Car Companies in India 

Here are the top car companies in India for you to consider.

1. Maruti Suzuki 

Maruti Suzuki is a trusted brand amongst Indians, catering to diverse budgets with its wide range of models. Maruti Suzuki stands as a premier car company in India for several reasons, mainly because their cars are reliable, fuel-efficient, and affordable. Popular Maruti Suzuki models include Swift, Wagon R, Baleno, Dzire, and Alto, amongst others.

2. Hyundai 

Hyundai is a key player in the Indian car market, due to their car’s stylish designs and vehicles that are packed with advanced features. Along with their contemporary designs and cutting-edge features, Hyundai cars are also known for their safety aspects and for providing value for money. Hyundai’s popular models include the Grand i10 Nios, i20, Creta, Venue, Verna, and Alcazar, amongst others.

3. Tata Motors 

One of the most reliable homegrown car brands, Tata Motors has been excelling in the Indian automotive industry for several reasons. What sets Tata Motors apart is its dedication to innovation, the safety of the consumer, and its versatile offerings. Tata Motors’ current key models include the Tiago, Tigor, Nexon, Altroz, Punch and notably, the Nexon EV.

4. Mahindra Motors

Mahindra is another distinguished homegrown car brand, renowned for its robust and capable SUVs. Mahindra cars are also known for their off-roading capabilities and strong quality of build, along with their suitability for challenging terrain. Notable Mahindra models in India include the Scorpio, Bolero, the XUV line-up, and Thar, amongst others.

5. Honda

A globally recognized car manufacturer, Honda is acclaimed in India for its reliability and performance. It earns its place on this list for its cars’ refined engine technology, for prioritising comfort and cabin space, and for resale value. Key Honda models in India include City, Amaze, and Elevate.

6. Skoda

Skoda is a European car manufacturer that has made a mark in the Indian market for its superior build quality, elegant designs, and luxurious driving experience. Currently, prominent Skoda models in India include the Slavia, Kushaq, and Kodiaq.

7. Volkswagen 

The reputed German car manufacturer has made a significant impact in the Indian market with its stylish and performance-oriented vehicles. People consider Volkswagen for various reasons, such as its superior build quality, sophisticated European aesthetics, and German engineering excellence. Notable Volkswagen models in India include the Taigun, Tiguan, and Virtus.

8. Renault

The well-known French automobile manufacturer, Renault, has earned a good amount of popularity in India and is known for its design, innovation, and fuel efficiency, while still being affordable. Key Renault models in India include the Kwid, Triber, and Kiger, with each catering to a different audience and providing an exceptional driving experience.

9. Toyota  

Toyota is a globally recognized car brand popular in India, revered for the quality and reliability of its cars, their safety features, and the high resale value they provide. Innova Crysta, Fortuner, Glanza, and Urban Cruiser, are some key Toyota models available presently. For enhanced peace of mind for your car, consider investing in a motor insurance policy that offers comprehensive coverage.*

10. Nissan 

The Japanese car manufacturer, Nissan, has earned a place in this list due to its focus on technological innovation, comfort and versatility, and affordability. Currently, Nissan has one model, Magnite, on offer. Nissan is planning to launch a slew of models, such as the Qashqai, X-trail, and Juke in 2024.

11. MG Motors

The British car manufacturer has made a mark in the Indian market with feature-packed and technologically advanced vehicles, even though it has entered the Indian market relatively recently. MG Motors is preferred due to its emphasis on cutting-edge tech, stylish yet sporty design, and a comfortable and convenient driving experience. Popular MG Motors models available in India include the Hector, Astor, ZS EV, and Gloster, among their other variants. Whether you are going for an efficient Maruti Suzuki, the stylish Skoda, or a well-engineered Volkswagen, you should not miss out on a solid car insurance policy for it. With a motor insurance plan, you can rest assured that in case of unfortunate events, you have a financial back-up for your car. To know the premium of your plan, use a car insurance calculator.* Claims are subject to terms and conditions set forth under motor insurance policy.   *Standard T&C apply. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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