Market Share of India Manufacturing Industry
The Indian manufacturing sector market landscape is fragmented in nature 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, Godrej group, and many more. Major companies in the market have adopted product launches, partnerships, business expansions, and acquisitions as their key developmental strategies to offer better products and services to customers in the manufacturing industry. 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 Rs 725.7 crores (USD 89.01 million). This acquisition will unlock an additional state-of-the-art manufacturing capacity of 300,000 units per annum, scalable to 420,000 units per annum.
India Manufacturing Sector Market Leaders
Tata Motors Ltd
Mahindra & Mahindra Limited
Ashok Leyland
Hindustan Unilever Limited
Godrej group
*Disclaimer: Major Players sorted in no particular order
