1. Tata Motors

Tata Motors produces a variety of vehicles, including trucks, buses, vans, cars and military vehicles. The company was established in 1945 and is headquartered in Mumbai, India. Tata Motors does not manufacture its cars in the country, but in South Africa, Argentina and the United Kingdom.

2. Mahindra & Mahindra Ltd.

Mahindra & Mahindra Ltd. was founded in 1945 and is headquartered in Mumbai, India. The company manufactures various vehicles including commercial vehicles, trucks and two-wheelers. According to the Brand Trust Report, Mahindra & Mahindra is among the top 10 most trusted car brands.

3. Maruti Suzuki

Maruti Suzuki is one of the largest companies in India. It was founded in 1981 and holds 37% of the automobile market share. Every year, Maruti Suzuki launches new innovative products and some of the popular models are Omni, Wagon E, Swift, SX4, DZire and Zen.

4. Ashok Leyland

Ashok Leyland is India's second largest commercial vehicle manufacturer. It was founded in 1948 and is headquartered in Chennai. It is a subsidiary of The Hindu Group and holds about 30% of the automotive market share. Currently, Ashok Leyland has more than 15,000 employees.

5. Bajaj Auto Limited

Bajaj Auto Limited was established in 1930. It has been in business for hundreds of years and has more than 8,000 employees. In 2012, Bajaj Automobile Limited was included in the list of top 2000 companies by Fortune magazine.