Best Commercial vehicle manufacturers in India | Top 10 Companies Ranking

A commercial vehicle is all types of motorized vehicles used to transport goods or passengers at a certain rate. A commercial vehicle is determined by its design, and means for transport of persons or goods, or to tow trailers. Commercial vehicles are mainly used in the commercial, agricultural and official areas. Special utility vehicles are also used by emergency services of the police and the fire brigade as well as organizations such as the THW used. Commercial vehicles can participate in public road traffic with the necessary vehicle registration. Commercial vehicles designed exclusively for work purposes are brought to their place of use by flatbed trucks or other means of transport. Below is the list of commercial vehicle manufacturers in India.

1. Tata Motors

Tata Motors Limited, whose original name was TELCO (TATA Engineering and Locomotive Company), is an Indian company founded in 1945 dedicated to the manufacture of passenger cars and commercial vehicles. It occupies the 20th place in the ranking of commercial vehicle manufacturers in the world (2006 data). It is part of the Tata Group industrial group. Tata Motors started the year 2008 with two ads. On the one hand, the purchase to Ford Motor Company of its subsidiaries Jaguar and Land Rover for an amount of about 2,300 million dollars (about 1,485 million Euros at the current exchange rate). As part of the agreement, which includes brands, its factories and intellectual property, the multinational based in Dearborn (Michigan) is committed to contributing 600 million dollars (387 million Euros) to the pension plans of Jaguar workers and Land Rover. In addition, Ford and Tata do not expect significant changes in the templates of the two companies. And also the intention of manufacturing a cheap car, the Tata Nano, at a price of US $2,500, which in India costs about 1,700 Euros, makes it possible to see its arrival in other markets, despite its price (which is around 3,000 Euros), its export will be delayed indefinitely, given the constant complaints of poor quality of some of its finishes, which have caused them to not even be released at the time of their departure from the dealership.

2. Eicher Motors

Eicher Motors Ltd. is an Indian industrial group with a focus on vehicle construction. Trucks and motorcycles are manufactured. The company is listed on the Indian stock exchange. Eicher is a manufacturer of trucks and tractors from India. Eicher India started producing tractors under license from the German brand Eicher in 1959. After financial difficulties, the Indian company took the German company under its wing. Nowadays it also produces trucks, buses, motorcycles & car components. The trucks and buses are made under license from Mitsubishi. The agricultural vehicles, together with the name Eicher, were taken over by the also Indian TAFE in 2005. In mid-2008, Volvo acquired an interest in the VE Commercial Vehicle (VECV) joint venture. Eicher's contribution was part of the activities in the field of trucks over 5 tonnes and buses. In 2013, VECV opened a new plant in Pithampur in the state of Madhya Pradesh with a capacity of 25,000 vehicles per year. There is sufficient space there to further increase production to 100,000 units if required.

3. Hindustan Motors

Hindustan Motors is one of the three oldest car manufacturers in India. The company was founded in 1942 by the Indian industrial family Birla in Port Okha near Gujarat. In 1944 work began on the licensed production of British lorry's and from 1946 also Morris - passenger's. Because the transport route from the United Kingdom to India was practically cut off during the Second World War, the Indian economy flourished during this time. After India's independence and the First Kashmir War in 1948, production from Hindustan to Uttarpara near Calcutta in West Bengal moved. Added to the Ambassador was another British car model, the Vauxhall Victor, the British counterpart of the Opel Rekord D, whose production was stopped in the UK in 1978. He was equipped with an Isuzu engine as Hindustan Contessa in India and also produced in Uttapara until 2002. A multifunctional vehicle was also built here, similar to the Suzuki Samurai, in a pick-up variant such as Hindustan Porter and as Jeep variant (Hindustan Pushpak or Hindustan Trekker). Moreover, the production of trucks continued here. Today Hindustan builds the chassis with 112 hp diesel engine and power train of the Bedford truck as Hindustan T-480 FC. These models are also exported to Bangladesh, Egypt, New Zealand, Sri Lanka and Mauritius.

4. Bajaj Auto

Bajaj Auto Limited is one of the largest Indian vehicle manufacturers, being the leading manufacturer of 2 and 3 wheel vehicles in India and the fourth in the world. It is headquartered in Pune, Maharashtra, with plants in Waluj near Aurangabad, Akurdi and Chackan, near Pune. Bajaj manufactures scooters, motorcycles and the famous motorized light transport tricycles of great implantation in the Indian subcontinent. During the past decade, the company took a successful turn in its commercial strategy, changing its image as a scooter manufacturer to that of a manufacturer of all types of motorcycles. Its range includes scooters, scooters and motorcycles. In the last four years it is when the company has experienced its greatest growth, after the introduction of some very successful models in the motorcycle segment. Rahul Bajaj is the director of the company, which is currently valued at more than 1.5 billion dollars. Piaggio's Ape three-wheel version was also built under license by Bajaj Auto. Bajaj now supplies them under its own name in Taiwan and Indonesia, but there is also a lively Bajaj market in Mexico.

5. Ashok Leyland

Ashok Leyland is an Indian manufacturer of industrial vehicles and buses located in Chennai, India, which has been fully controlled by the Hinduja group since 2007. Ashok Leyland is a large Indian automotive company producing a wide range of trucks, buses, military equipment. Ashok Leyland was founded in 1948. Located in Chennai, India. It is one of the largest Indian companies manufacturing commercial vehicles and components. It is considered the flagship of its parent company - Hinduja Group, with headquarters in London. In 2010, the company produced 95,337 commercial vehicles and 17,603 engines and generators. The company is licensed by the British company Leyland Motors. In 2007, a joint venture was announced with Nissan. In 2011, Ashok Leyland started a joint venture with the Volzhanin bus plant to produce buses in the city of Volzhsky, Volgograd Region. On April 21, 2016, Ashok Leyland sold its Czech plant Avia Ashok Leyland Motors to the Czechoslovak Group.

6. Mahindra & Mahindra

Mahindra & Mahindra was established as a commercial steel company in 1945. It soon expanded to the manufacture of utility vehicles, starting with the Assembly under the license of the iconic Willys Jeep in India. Soon it was established as Jeep manufacturers in India, with this M & M was diversifying further in the manufacture of light commercial vehicles (LCV) and agricultural tractors. At present, H&M is the leader in the segment of utility vehicles in India with its flagship the Scorpio SUV and enjoys a growing presence of the world market in both automotive and tractor companies. In recent years, H&M has expanded to new industries and geographies. They entered the two-wheeler segment by taking over the kinetic engines in India. M & M has also participated in control in Reva Electric Car Company and acquired SsangYong Motor Company of South Korea in 2011. The US Institute based on the recently named Mahindra among the top 10 Indian companies in its Global 200 Reputation: The best company reputation.

7. TVS Motor Company

TVS Motor Company is the third largest manufacturer of two-wheel vehicles in India and is among the top ten in the world. It is the main company of the TVS Group, employing more than 40 thousand people with an estimated 15 million customers. Manufactures motorcycles, scooters, mopeds and rickshaws, it is the only company in India that manufactures two-wheeled vehicles that has won the Deming Award, granted for commitment to quality control, which it received in 2002. In 2007, the TVS Motor Company presented its first auto rickshaw with the TVS King. TVS Motor is one of the largest distributors in the world and the flagship brand of TVS Group. It is also the second largest exporter in India, making presence in more than 60 countries worldwide. It has about 15 million customers. TVS & Sons, a holding company of the TVS Group, was founded in Madurai in 1911 by TV Sundram Iyengar. The following year, he started the bus service business, and later expanded his business to other automotive-related businesses, such as the dealer business. When Sundaram Iyenger died in 1955, the company was taken over by his sons and further expanded into finance, insurance, tires and auto parts manufacturing. TVS Motor is, India in a two-wheeled vehicle manufacturers, motorcycles, scooters, mopeds, auto-Rikusha manufactures. One of the core companies of the TVS Group.

8. Hero Motocorp

Hero produces or produced motorcycles, scooters and mopeds with motor blocks from other manufacturers, such as Honda and Puch. The company started under the name Hero Honda around 1984 as a joint venture between the Indian bicycle manufacturer Hero Cycles and the Japanese Honda. After the departure of Honda from the partnership in 2010, the name changed to Hero MotoCorp. The company was founded in 1984 as a joint venture between Honda and the Indian bicycle manufacturer Hero Cycles. Honda sold its stake in Hero in 2011. The company was renamed Hero MotoCorp. On July 1, 2013, Hero Moto Corp bought 49.2% stake in the American motorcycle manufacturer Erik Buell Racing for about 25 million dollars. Hero MotoCorp. has three factories in India. These are located in Dharuhera, Haridwar and Gurgaon. Since 2010 Hero MotoCorp is an independent company with a presence in more than 23 markets worldwide. In 2015, the assembly plant that will serve to supply the Central and South American markets is inaugurated in Villa Rica Cauca. India's on of largest two-wheeler manufacturer Hero MotoCorp introduced its concept vehicle Quark 1, phrased as the world’s first class changing vehicle as part of its project. This vehicle can be used interchangeably as both, a two-wheeler and a three-wheeler, for personal and commercial operations.

9. AMW

AMW commitment to quality permits company to use only the newest and top technology at their world-class services. The plant at Bhuj is spread over a sprawling 515-acre area that forms the backbone of the company's truck manufacturing in India. With state-of-the-art plants, assembly line, R&D and paint shop, coupled with a modern warehouse, AMW has ensured that nothing but the best trucks roll out from these premises. After pre-assembly, a semi-automated assembly line ensures that the chassis, engine, wheels, cabs and other components are integrated to produce trucks fit for any road and any load. AMW sources the engines for its trucks from some of the world's best automotive manufacturers, and they are Euro-III compliant. AMW's assembly processes are governed by operating procedures that follow international best practices.

10. Force Motors

Force Motors Ltd. (formerly Firodia Tempo Ltd. and Bajaj Tempo Ltd.) is an Indian manufacturer of trucks, buses and agricultural machinery. For some time, the company was part of the Bajaj Auto structure. Small and medium capacity buses are made on the basis of the T1 truck. Tempo Excel Commuter - depending on the version, city or intercity small buses, 6.7 meters long, with the number of seats from 18 to 32. Turbo-diesel 4-cylinder. Citiline School Bus is a 24-seat school bus. The company was founded in 1958 under the name Firodia Tempo, after the purchase of some shares by Bajaj Auto, the name was changed to Bajaj Tempo. In 1976, the Hindus started cooperation with Mercedes-Benz. In 2000, DaimlerChrysler held a 16.8% stake in Bajaj Tempo, while the rest - 83.2% - remained in the hands of the Bajaj Group. In 2001, DaimlerChrysler sold its shares and in 2005 demanded to stop using the Tempo brand, which he owned. As a result, the company name was changed to Force Motors. The last tricycle was discontinued in August 2010 without a direct successor. Another joint venture was 2018 Rolls-Royce received by 10 and 12-cylinder MTU to build engines under license. Today Force Motors builds tractors, vans, minibuses, off-road vehicles and heavy trucks.

11. Premier

Premier is a car manufacturer from Bombay, India, where motor vehicles were manufactured under foreign licenses. The company flourished in the so-called "licensing-rich" period from the 1950s through the early 1990s, when India was closed by import duties and barriers to foreign investment. Premier Automobiles Ltd. was founded in 1944 and started assembling Chrysler Corporation passenger cars and trucks (a Plymouth and a Dodge truck) under the brand names Dodge, Plymouth, Fargo and DeSoto in 1949. In the ten years that the company has built trucks, it has only launched one type of truck: a box truck with 7 tons of payload. These trucks used a Chrysler engine (Dodge's parent company). From 1951, Premier produced the FIAT model 1100 (Millecento) licensed for the Indian market. The Fiat Millecento appeared in 1953 and was built in various model variants until 1969. This car, which had a very modern design at its presentation, had a 1089 cc four-cylinder engine that delivered 32 hp. The Premier brand name appeared in October 2009, after negotiations with Fiat regarding the use of the brand name and the establishment of Premier Ltd., once again on the Indian passenger car market with a compact SUV named Premier Rio. The Rio is composed of CKD kits from the Zotye Nomad I, made by Zotye Auto of China, and went on sale in December 2009. This car is a (poorly built) copy of the Daihatsu Terios from 1998.

12. Atul Auto

Atul Auto Pvt. Ltd. is an Indian commercial vehicle manufacturer based in Rajkot. The vehicles are auto rickshaws for the transport of people and goods. The company was founded in 1986 as Atul Auto (Jamnagar) Pvt. Ltd. founded. However, the production did not begin until 1992. In August 1994, a renaming followed in Atul Auto Pvt. Ltd. and the IPO. Until 2007, Greaves Cotton diesel engines were used. Switching to Lombardini engines presented the company with problems for several years. Atul Auto had 2014 in India a share of the tricycle market of 4.5% and 2017-18 of 6.19%. The company had 2014 193 distributors and 14 regional offices. Theoretical production capacity of 60,000 copies, Atul Auto exports its products to Nigeria, Bangladesh, Kenya, Central and South America, East Africa, South Africa and Great Britain, among others. The export takes place as a finished vehicle or as a kit. In Bangladesh and South Africa, among others, the subsidiaries have their own assembly systems.

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