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10 Most Promising Commercial Vehicles and Body Parts Manufacturers - 2020
Being the second-most populous country, India has one of the biggest and most diverse commercial vehicle industries in the world. A recent study states that the Indian commercial vehicle market is going to grow at a CAGR of 2.97 percent from 2018 to 2030. By 2023, the entire commercial vehicle market of the country is estimated to be valued at 21.9 billion US dollars. Various reputed Indian and foreign companies are trying different strategies to get their foothold in the Indian commercial vehicles market. With the competition being so intense, manufacturers are coming up with new technologies and products to get an edge over their competition. Commercial vehicles are acting as the link between businesses, allowing them to run their operations smoothly. With the growing economy in...
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10 Most Promising Commercial Vehicles and Body Parts Manufacturers - 2020
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Our subscribers play a decisive role in finalization of our annual list of Top Commercial Vehicles and Body Parts Manufacturers - 2020 by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Name | Company Management | Company Description |
|---|---|---|---|
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ABCN Manufacturing | Arjun Bafna, Managing Director | With their team of highly qualified and experienced professionals, ABCN has been solving even the most complex of challenges prevailing in the market with ease. |
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Bharat Forge | B N Kalyani, Chairman & Managing Director | India's largest automotive forging company, for manufacturing and exporting automotive components and leading chassis component manufacturer in the world. |
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Croyance Automotive | Kapila S, Founder | Established in 2015, Croyance Automotive is a unique player in the segment that gives importance to sustainable development. |
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Deccan Auto | Y. Rama Rao, Plant Head | Committed to delivering the best for the clients, Deccan Auto has been growing at an unprecedented pace in the sector. |
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Force Motors | Abhaykumar Firodia, Chairman | Force Motors is a name recognized for design, development and manufacturing of full spectrum of automotive components, aggregates and vehicles. |
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Maruti Suzuki | R. C. Bhargava, Chairman | A World renowned brand in the commercial vehicle space market, Maruti Suzuki has been the flag bearer of this sector for many years now. |
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SML Isuzu | S.K. Tuteja (IAS), Chairman | SML Isuzu offers a wide variety of commercial vehicles to its customers including trucks and buses that are built on international standards. |
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Spark Minda | Ashok Minda, Group CEO | India's leading manufacturers of automotive components serving the market segment in India through a strong dealer distributorship of about 500 dealers. |
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TI Truck Body Works | Shaifuddin S, Business Head | One of the largest and most popular body manufacturer for commercial vehicles in India, TI Truck Body Works has been setting new standards in the industry since inception. |
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Volvo Trucks India | Kamal Bali, President & MD | A well recognized name, not only in the Indian market but also the global market, Volvo Trucks India has been manufacturing durable and reliable products in the market for decades. |