Indian alloy wheel market was valued at USD 952.05 million in the year 2022, and is projected to reach a value of USD 2440.97 million by the year 2032, thereby registering a CAGR of 10.1% in the 2023-2032 period. Increase in production of vehicles along with the rising demand for light weight components to increase fuel efficiency across categories of vehicles are the major factors driving the growth of alloy wheel industry in India. Alloy wheels are primarily made of aluminum alloys which contain 85-90% aluminum with rest of the portion being made of copper, nickel, zinc and other metals. Magnesium alloys are also used to make alloy wheels but are limited to very lightweight track vehicles. There are multiple benefits of alloy wheels, such as improved acceleration, reduced fuel consumption, improved grip and better aesthetics. Let’s have a look at the top 10 alloy wheel manufacturing companies in India for the year 2025.
1. Tiger Transport Wheels
Tiger Transport Wheels, founded in the year 1960, is a South African manufacturer of premium alloy wheels with a solid presence in India and dozens of other countries. The company manufactures multiple kinds of alloy wheels, such as cast and free flow aluminium, in 17-22 inches range. Its alloy wheels are sold under various brand names like Kemora, Lasarthe, Goodwood, Imatra, Bristol and more.
Tiger Transport Wheels offers alloy wheels for numerous makes and models by various brands like Ford, BMW, Audi, Volkswagen, Hyundai and others. The company operates manufacturing facilities in South Africa, Germany, Poland and USA.
2. Uno Minda Limited
Uno Minda Limited, established in the year 1958, is a leading manufacturer of more than 25 products, including alloy wheels, for passenger vehicles, commercial vehicles, off-roaders, tractors, 2-wheelers and other kinds of vehicles. The company offers 13-17 inches sized alloy wheels covering nearly all makes and models by various vehicle brands like Mahindra, Maruti Suzuki, Hyundai, Tata and others.
Uno Minda is present in multiple countries worldwide, including India. It has a wide distribution network in India comprising of more than 50k retailers and thousands of independent workshop owners across the country.
3. Rays Wheels
Rays Wheels, founded in the year 1973, is a prominent Japanese manufacturer of high-performance alloy wheels with a strong presence in multiple countries across continents, including India. The company manufactures alloy wheels not only for conventional passenger vehicles but also for sports cars, off-roaders and racing cars which are sold under various brand names like Volk Racing, Versus, Gram Lights, Homura, VMF and others.
Rays Wheels designs and manufactures its wide range of alloy wheels in Japan. However, the company has a vast network of authorised dealers covering numerous countries, including India.
4. Neo Wheels
Neo Wheels, founded in the year 1996, is a pioneer of aluminum alloy wheel manufacturing in India and is known for creating alloy wheels specifically tailored for roads in India. The company manufactures a huge range of alloy wheels, ranging from 12 inches to 22 inches in size, for multiple makes and models, including Hyundai, Kia, Maruti Suzuki, Honda, Ford, Mahindra, Force and Datsun.
Neo Wheels offers alloy wheels in more than 100 designs and over 15 unique finishes with each unit undergoing 13 stringent quality and safety tests. The company holds BIS and ISO certifications and is also approved by ARAI.
5. OZ Racing
OZ Racing, established in the year 1971, is an Italian manufacturer of high-end alloy wheels with a vast dealership network covering numerous countries, including India. It offers a diverse range of alloy wheels crafted for hatchbacks, sedans, SUVs, off-roaders, racing cars and motor bikes. The alloy wheels are available under multiple brand names like Zeus, Ares, Superforgiata, Rally Legend, Ultimate Magnesio and more.
OZ Racing is particularly known for making alloy wheels tailored to the special requirements of premium automotive brands like Ferrari, Lamborghini, Aston Martin and others.
6. Enkei Wheels India Limited
Enkei Wheels India Limited, established in the year 2009, is a part of the Japanese company, Einkei Wheels. It caters to the demand for high quality alloy wheels in India. The company offers a diverse range of premium alloy wheels under multiple collections like Racing Series, Tuning Series, Performance Series, Classic Series, Racing Revolution and Truck & SUV.
Enkei Wheels employs composite alloy technologies like casting and forged to manufacture alloy wheels. The wheels undergo stringent tests and are required to comply with the JSTC standards.
7. BBS
BBS, founded in the year 1970, is German manufacturer of high quality technologically advanced alloy wheels with a strong presence in the Indian market. It manufactures alloy wheels using advanced technologies like forging, flow forming and casting in multiple designs like performance, motorsport, utility and classic. All the alloy wheels are heat treated and available in 4 concavity levels.
8. Lenso
Lenso, established in the year 1990, is a Thailand-based manufacturer of high quality alloy wheels with presence in over 25 countries, including India. It is engaged in the designing, production and distribution of alloy wheels for both street vehicles and off-road vehicles. The company uses premium quality aluminum sourced from Dubai and technologies like forged, cast and flow form to manufacture alloy wheels.
9. Momo
Momo, established in the year 1964, is a major manufacturer of light alloy wheels with a vast network of dealers and distributors in more than sixty countries, including India. The company offers a wide range of road alloy wheels under various collections like Massimo, Spider, RF Series, Heavy Duty and others.
10. HRE Performance Wheels
HRE Performance Wheels, established in the year 1978, is an American manufacturer of alloy wheels with a network of specialty retailers and high-end car dealerships in multiple countries, including India. The company offers aluminum alloy wheels for luxury cars, racing cars and SUVs in multiple variants like 1-piece, 2-piece FMR, 3-piece forged and more. Manufacturing facility of the company is located in San Diego, California.
Conclusion
Top alloy wheel manufacturing companies are known for blending style with performance, and are the most preferred alloy wheel brands for vehicle owners in India. A wide range of options are provided by these companies to cater to different models, makes and customer preferences.
