Market Share of India Manufacturing Industry
The Indian manufacturing market is fragmented, with a mix of global and local players. Some of the major players present in the market include Tata Motors Ltd, Mahindra & Mahindra Limited, Ashok Leyland, Hindustan Unilever Limited, and Godrej Group. Major companies in the market adopt product launches, partnerships, business expansions, and acquisitions as key developmental strategies to offer better products and services to customers. For instance, in December 2022, Tata Passenger Electric Mobility, a subsidiary of Tata Motors, completed the acquisition of Ford India's vehicle manufacturing plant in Sanand for INR 725.7 crores (USD 89.01 million). This acquisition was expected to provide an additional state-of-the-art manufacturing capacity of 300,000 units per annum, scalable to 420,000 units per annum.
India Manufacturing Market Leaders
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Tata Motors Ltd
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Mahindra & Mahindra Limited
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Ashok Leyland
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Hindustan Unilever Limited
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Godrej group
*Disclaimer: Major Players sorted in no particular order
