Automobile, EV & Auto Ancillaries Sector in India: Market Insights & Industry Overview 2025

Industry Size & Growth

  • The Indian automobile industry is valued at over USD 140 billion in 2025, making it the 4th largest automobile market globally.
  • The Indian automobile industry is valued at over USD 140 billion in 2025, making it the 4th largest automobile market globally.
  • The Indian automobile industry is valued at over USD 140 billion in 2025, making it the 4th largest automobile market globally.
  • India's EV market is expected to reach USD 40 billion by 2030, growing at a CAGR of 49%.

Key Segments within the Auto Sector

Segment Key Focus Areas
Passenger Vehicles (PV) Hatchbacks, sedans, SUVs, MPVs
Commercial Vehicles (CV) Light, medium & heavy trucks, buses
Two-Wheelers (2W) Scooters, motorcycles, electric 2W
Electric Vehicles (EV) Electric 2W, 3W, passenger and commercial EVs
Auto Ancillaries Engine parts, transmission systems, chassis, interiors, electronics
Aftermarket Replacement parts, accessories, lubricants, tyres, batteries

Export Market Highlights

  • India exported 5.6 million vehicles and components in FY2024.
  • Key export destinations: Africa, Latin America, Middle East, ASEAN, and Europe.
  • Auto component exports stood at USD 20 billion in FY2024.

Industry Composition

  • 60+ OEMs and over 700 component manufacturers form the backbone of India’s auto sector.
  • Strong network of:
    • Tier 1, Tier 2, Tier 3 suppliers
    • Contract manufacturers and toolmakers
    • Service stations and aftermarket players
    • EV startups, battery pack assemblers, and charging infra companies

Regional Manufacturing Clusters

Region Specialization
Pune, Maharashtra Passenger vehicles, two-wheelers, components
Chennai, Tamil Nadu Called the "Detroit of India" – strong in OEMs and Tier 1
Gurugram & Manesar, Haryana Major Maruti Suzuki and component hubs
Sanand & Rajkot, Gujarat EVs, passenger vehicles, foundry & auto parts
Aurangabad & Nashik, Maharashtra Ancillaries, Tier 2 components
Bengaluru, Karnataka EV startups, connected vehicle tech
Indore, Pithampur, MP CVs and multi-utility vehicles
Rudrapur, Pantnagar – Uttarakhand Components and light CVs

Market Trends in 2025

  • EV adoption surging in 2W and 3W segment, backed by FAME II & state subsidies
  • Rising demand for advanced driver-assistance systems (ADAS) and infotainment tech
  • Increased investment in battery manufacturing, cell chemistry, and recycling
  • OEM focus on localizing Tier 1 & 2 supply chains
  • Accelerated adoption of hydrogen and hybrid powertrains in CVs

Regulatory & Certification Overview

  • Regulated by: Ministry of Heavy Industries (MHI), ARAI, ICAT, SIAM, and BIS
  • Safety and quality norms enforced under:
  • AIS (Automotive Industry Standards)
  • CMVR (Central Motor Vehicle Rules)
  • ISO/TS 16949 for auto component manufacturers
  • FAME India Scheme for EV incentives

Top 50 Automobile, EV & Auto Ancillary Companies in India 2025

S.No Company Name Headquarters
1 Tata Motors – Mumbai Mumbai
2 Mahindra & Mahindra – Mumbai Mumbai
3 Maruti Suzuki India Ltd – Gurugram Gurugram
4 Hyundai Motor India – Chennai Chennai
5 Ashok Leyland – Chennai Chennai
6 Hero MotoCorp – New Delhi New Delhi
7 TVS Motor Company – Hosur Hosur
8 Bajaj Auto – Pune Pune
9 Ola Electric – Bengaluru Bengaluru
10 Ather Energy – Bengaluru Bengaluru
11 MG Motor India – Gurugram Gurugram
12 Kia India – Anantapur, Andhra Pradesh Anantapur, Andhra Pradesh
13 Toyota Kirloskar Motor – Bidadi, Karnataka Bidadi, Karnataka
14 Honda Cars India – Greater Noida Greater Noida
15 Volvo Eicher Commercial Vehicles – Gurugram Gurugram
16 JBM Auto – Faridabad Faridabad
17 Bosch India – Bengaluru Bengaluru
18 Schaeffler India – Pune Pune
19 Minda Industries – Manesar Manesar
20 Sundaram Clayton – Chennai Chennai
21 Amara Raja Batteries – Tirupati Tirupati
22 Exide Industries – Kolkata Kolkata
23 CEAT Tyres – Mumbai Mumbai
24 JK Tyre & Industries – Delhi Delhi
25 Apollo Tyres – Gurugram Gurugram
26 Bharat Forge – Pune Pune
27 Varroc Engineering – Aurangabad Aurangabad
28 Endurance Technologies – Aurangabad Aurangabad
29 Sona Comstar – Gurugram Gurugram
30 Wheels India – Chennai Chennai
31 Tata AutoComp Systems – Pune Pune
32 Lumax Auto Technologies – Gurugram Gurugram
33 Uno Minda – Manesar Manesar
34 Rane Group – Chennai Chennai
35 Sterling Tools – Faridabad Faridabad
36 Bosch Ltd – Nashik Nashik
37 Hindustan Composites – Mumbai Mumbai
38 Greaves Electric Mobility – Mumbai Mumbai
39 Revolt Motors – Gurugram Gurugram
40 Okinawa Autotech – Gurugram Gurugram
41 Simple Energy – Bengaluru Bengaluru
42 Log9 Materials – Bengaluru Bengaluru
43 Tork Motors – Pune Pune
44 Pricol Ltd – Coimbatore Coimbatore
45 Amphenol Interconnect – Pune Pune
46 Autoline Industries – Pune Pune
47 GNA Axles – Punjab Punjab
48 Remsons Industries – Mumbai Mumbai
49 Suprajit Engineering – Bengaluru Mumbai
50 Lucas TVS – Chennai Chennai

Automobile, EV & Auto Ancillaries Directory – Instant Access

Industrial Datamart’s Auto Directory is a ready-to-use Excel sheet containing 5,000+ automobile, automotive, EV & auto ancillary companies across India. It includes automakers, OEMs from tier 1, tier 2 and EV sector players representing the complete auto sector of India.

Request a sample data Go to Auto Directory
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