Top automobile companies operating in Gurgaon
Gurgaon, in the National Capital Region (NCR), has developed into a bustling commercial centre over the years. It has a vibrant corporate environment with a wide range of businesses in the fields of IT, banking, pharmaceuticals, automobiles and other industries. In addition to boosting the city’s economy, this diversity of various operating industries has cultivated a competitive climate that intends to draw companies of all sizes from various parts of the globe. As a result, Gurgaon today has become a favourite hotspot for both domestic and foreign businesses.
See also: Top 10 IT companies in Gurgaon
Business Landscape in Gurgaon
Gurgaon is a leading automobile hub in India, hosting several major car manufacturers and suppliers. The city offers a conducive environment for the automotive industry, with a skilled workforce, robust infrastructure, huge energy supplies and favourable policies from central and local governments. The automobile sector contributes significantly to Gurgaon’s economic development and innovation, creating employment opportunities and enhancing the city’s global competitiveness.
Top automobile companies in Gurgaon
Honda Motorcycle & Scooter India
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub-industry: Automobiles
Company type: MNC
Location: Golf Course Extension Road, Gurgaon / Gurugram Haryana-122018
Founding date: 1999
A division of Honda Motor Co, Honda Motorcycle & Scooter India (HMSI) focuses on the production and marketing of motorcycles and scooters in India. HMSI is renowned for its broad selection of products, cutting-edge technology and dedication to sustainability. Major initiatives include the development of eco-friendly two-wheelers and the expansion of manufacturing facilities.
Cars24 Services
Industry: E-Commerce, Automobile, Auto Ancillaries, Electric Vehicles & Dealers
Sub-industry: Dealers, Service Centres
Company type: MNC
Location: Unitech Cyber Park, Sector 39, Gurgaon / Gurugram Haryana -122003
Founding date: 2015
For purchasing and selling old vehicles online, India’s Cars24 is a market leader and it has been for a very long time. When selling their used cars, customers can use the company’s hassle-free, open approach. Extending its network of inspection facilities and assuring vehicle quality inspections are among its major initiatives. They offer a practical way to sell and buy verified and quality-assured second-hand cars. And judging by the figures, the customers love it.
Suzuki Motorcycle India
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub-industry: Automobiles
Company type: MNC
Location: Link Road, Gurgaon / Gurugram Haryana-122001
Founding date: 1997
A division of Suzuki Motor Corporation, Suzuki Motorcycle India (SMIPL) is focused on producing and marketing motorcycles and scooters in India. With significant initiatives like the introduction of environmentally friendly models and the expansion of its distribution network throughout the nation, SMIPL is renowned for its inventive and dependable two-wheelers.
Bajaj Motors
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub-industry: Auto Ancillaries
Company type: Industry Top
Location: Narsingpur, Gurgaon / Gurugram Haryana-122001
Founding date: 1986
Bajaj Auto, often known as Bajaj Motors, is a well-known Indian multinational firm that engages in making motorcycles, scooters and three-wheeled vehicles. They are renowned for their cutting-edge styles and sturdy two-wheelers. Major initiatives include partnerships with global brands, forays into the electric vehicle market and a wide range of well-known models including the Pulsar and Chetak.
Hyundai Motor India
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub-industry: Automobiles
Company type: MNC
Location: Sector – 29, Gurgaon / Gurugram Haryana-122001
Founding date: 1996
Hyundai Motor Company, one of the top automakers, has a subsidiary called Hyundai Motor India (HMIL). In India, HMIL produces and markets a variety of SUVs and passenger automobiles. The introduction of cutting-edge safety and technological features in their vehicles, as well as the development of electric and environmentally friendly vehicles like the Kona Electric, are major initiatives.
Mitsubishi Electric Automotive India
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub-industry: Auto Ancillaries
Company type: MNC
Location: IMT-Manesar, Gurgaon / Gurugram Haryana-122050
Founding date: 1998
Mitsubishi produces some of the best systems and parts for automobiles in this country. The company manufactures a wide variety of goods, such as infotainment systems, electronics, and engine systems. Major initiatives include partnerships with top automakers and the creation of cutting-edge technologies for the sector.
Kia Motors
Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
Sub-industy: Automobiles
Company type: MNC
Location: Sector 43, Gurgaon / Gurugram Haryana-122002
Founding date: 2017
A division of Kia Motors Corporation that sells cars in India is called Kia Motors India. It produces and distributes a variety of automobiles, with the Kia Seltos being one of the more recognised models. Major initiatives include establishing a cutting-edge manufacturing facility in Andhra Pradesh, introducing electric vehicles, and emphasising quality and design to satisfy the wide range of consumer tastes in India.
Commercial real estate demand in Gurgaon
Office space
Gurgaon witnesses robust demand for office spaces, driven by the influx of corporate giants and startups. Its modern, well-equipped business parks and strategic location attract businesses seeking state-of-the-art facilities and a prime business address.
Rental property
The demand for rental properties in Gurgaon is consistently high, fueled by a transient workforce and the city’s appeal. It offers a range of residential options, from apartments to villas, making it a preferred destination for those seeking quality living spaces.
Impact
This surging demand for both office spaces and rental properties has a significant impact on Gurgaon’s real estate market. Rental rates can be relatively high and developers continually invest in new projects to cater to the growing appetite for commercial and residential spaces. This dynamic real estate landscape contributes to Gurgaon’s reputation as a flourishing business hub.
Impact of Automobile Companies on Gurgaon
The automobile industries in Gurgaon have significantly impacted the city’s real estate landscape. Several automotive giants have established manufacturing plants, corporate offices and research centres in the city, driving demand for commercial and residential spaces. This influx of businesses has led to the development of modern infrastructure, improved connectivity and upscale residential projects, making Gurgaon an attractive destination for both professionals and investors.
FAQs
Which automobile brand is produced in Gurgaon?
The Alto 800, WagonR, Ertiga, XL6, S-Cross, Vitara Brezza, Ignis and Eeco are all produced at the Gurugram factory.
What is Gurgaon famous for?
Gurgaon is India’s second-largest IT hub and its third-largest financial and banking hub. Gurgaon also has one of the leading medical tourism sectors in India.
Is Gurgaon well-known for its auto industry?
Half of the Fortune 500 businesses have operations in Gurgaon, which also has the third-highest per-capita income in all of India. The city gains advantages from Delhi’s proximity.
How many companies have their headquarters in Gurgaon?
In Gurgaon, there are about 23,500 corporate headquarters.
Is Gurgaon a hub for startups?
Manohar Lal Khattar, the chief minister of Haryana, announced that his state’s government intended to develop Gurugram into the greatest startup cluster in India. Similar to the T-Hub in Hyderabad, this hub will be ready in a few years.
What part of Gurgaon is experiencing the fastest growth?
A Premier Investment Location with Exciting Growth Potential is Sector 88B. Gurugram’s Sector 88B, situated along the Northern Peripheral Motorway (NPR), is a fast-growing neighbourhood with first-rate facilities and well-designed roads.
Which automobile ranks No. 2 in India?
Hyundai Motors is the second-largest car company in India.
Which industry in Gurgaon is well-known?
The automobile industry is one of the major industries contributing towards Gurgaon’s economy.
Which company’s vehicle costs less in India?
The most affordable automobile in India right now is the Bajaj Qute. The starting price is Rs 3.60 lakh.
Why do so many luxurious vehicles exist in Gurgaon?
Gurgaon population growing more affluent as a result of its economic growth has been one of the key factors contributing to the expansion of the luxury car market in the city. Landowners who sold their property to real estate developers have also fueled the transactions.
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com
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