| Automotive Axles Limited (Meritor) |
40% |
| Axles India Limited |
25% |
| Carraro India Limited |
40% |
| Caterpillar India Limited |
100% |
| Eicher Motors Limited |
30% |
| Force Motors Limited |
100% |
| Graziano Limited |
Under Development |
| Hindustan Motors Limited |
100% |
| Mahindra & Mahindra |
95% |
| New Holland Tractors |
30% |
| Same Deutz (Pvt.) Limited |
50% |
| Spicer (India) Limited (Dana) |
50% |
| Tractor & Farm Equipment Limited |
30% |
