Automobile OEM In-plant Logistics Market by Component, Service Model Type, Level of Automation, Logistics Mode, Automotive Component Type, End-Users

List of Tables

The Automobile OEM In-plant Logistics Market was valued at USD 15.22 billion in 2024 and is projected to grow to USD 16.32 billion in 2025, with a CAGR of 7.53%, reaching USD 23.54 billion by 2030.

KEY MARKET STATISTICS
Base Year [2024]	USD 15.22 billion
Estimated Year [2025]	USD 16.32 billion
Forecast Year [2030]	USD 23.54 billion
CAGR (%)	7.53%

In today's rapidly evolving manufacturing landscape, the automobile sector is undergoing a profound transformation in its in-plant logistics operations. As production environments become increasingly complex, the need for integrated, efficient, and futuristic logistics solutions is paramount. Driven by the convergence of advanced automation and redesigned operational strategies, manufacturing facilities have begun to leverage innovative logistics techniques that transcend conventional practices.

This shift is not merely about introducing new technology - it is about establishing a paradigm wherein every component of the logistics chain is optimized to enhance productivity, drive innovation, and ultimately create a competitive edge in a market characterized by relentless change. Manufacturers are recognizing that the integration of robust logistics systems is central to sustaining lower operating costs, improving safety and reliability, and responding smartly to market fluctuations.

As this transformation unfolds, leaders in automotive manufacturing are reassessing legacy infrastructures and aligning themselves with modern digital frameworks. The transformation dialogue now revolves around streamlined operations that not only support production efficiency but also serve as a catalyst for broader organizational advancements. In an industrial ecosystem where agility and precision determine success, in-plant logistics emerges as a foundational pillar for sustained growth and operational excellence.

Transformative Shifts in the Landscape of In-plant Logistics

Manufacturers around the globe are witnessing unprecedented shifts in the approaches adopted for in-plant logistics. At the core of this evolution is the embrace of rapid technological advancements that modernize inventory management, material handling, and overall supply chain coordination within manufacturing plants. As traditional models give way to integrated digital and automated systems, an essential transformation has taken hold, which is redefining the logistics landscape.

Industry-leading practices now focus on the seamless blending of state-of-the-art hardware with sophisticated software systems and highly specialized services. These transformative shifts are not just reshaping the operational blueprint but are also contributing significantly to overall cost efficiency and process optimization. Companies are realizing that the centricity of technology coupled with an agile workforce can drive a more responsive, resilient, and future-ready logistics framework.

Innovation is evident as manufacturers adopt integrated models that reduce turnaround time, enhance real-time tracking, and ensure stringent quality control. This digital convergence is complemented by strategic partnerships and collaborations that bring specialized expertise from diverse sectors. Moreover, the fusion of data-driven insights with traditional operational know-how is enabling manufacturers to anticipate challenges and respond dynamically to real-time global market demands.

This organic evolution in logistics strategies is bolstered by an industry-wide acknowledgment of emerging safety standards and environmental compliance. Faced with increasing regulatory scrutiny and the demands of sustainable production, manufacturers are innovating ways to ensure that heightened operational efficiencies are not achieved at the expense of environmental sensitivity. Manufacturers are, therefore, balancing the need for technological adoption with corporate responsibility, with each step forward defining a new chapter in the narrative of in-plant logistics excellence.

Key Segmentation Insights: A Detailed Analytical Breakdown

Analyzing the market through a detailed lens of segmentation reveals a complex and heterogeneous landscape that caters to varying operational needs and strategic goals. The segmentation based on components offers extensive insights, where the market is critically studied across hardware, services, and software dimensions. Within the hardware segment, emphasis is placed on innovative solutions such as Automated Guided Vehicles (AGVs), Automated Storage & Retrieval Systems (ASRS), conveyor systems, cranes and hoists, forklifts and pallet jacks, robotic arms, as well as cutting-edge Warehouse Management Systems (WMS) hardware. These diverse elements collectively enhance manufacturing efficacy by reducing manual intervention and promoting accuracy.

In parallel, segmentation by service model type dissects the market with a focus on delivering dynamic logistics components such as meticulous inventory management, JIT delivery services which ensure that material arrives exactly when needed, comprehensive material handling and transportation solutions, efficient packaging and labelling operations, robust returnable packaging management frameworks, and advanced warehousing and storage systems. By addressing the unique requirements of each service model, manufacturers are well-positioned to optimize overall production workflows and supply chain intricacies.

Further depth is added when considering the level of automation in operations. The evolution from manual to fully automated logistics systems, including semi-automated processes, serves as a testament to the progressive integration of technological solutions in modern manufacturing. This segmentation highlights the balance between cost considerations and the imperative to invest in reliable and scalable automation.

Moreover, insights derived from examining the logistics mode segment, which encompasses inbound, internal, and outbound logistics, underscore the distinct operational challenges and opportunities at each stage of material flow. Tailoring logistics practices to each mode ensures that manufacturers can streamline processes, mitigate delays, and resolve bottlenecks with greater precision.

Additionally, a closer look at automotive component types-covering critical categories such as body parts, electrical systems, engine parts, interior components, suspension systems, transmission systems, and wheels or tires-illustrates the nuanced segmentation within manufacturing logistics. Each component type necessitates specialized handling and storage protocols, thereby compelling manufacturers to adopt varied logistics strategies that are both flexible and robust to maintain product integrity and compliance with safety standards.

Finally, the end-user segmentation insight encapsulates the targeted strategies for various stakeholders including those focused on aftermarket parts and accessories, commercial vehicle original equipment manufacturers, as well as passenger vehicle OEMs. By aligning the logistics approach with the specific needs of each end-user segment, manufacturers can ensure that they deliver tailored solutions that resonate with the respective market demands.

This comprehensive segmentation framework not only facilitates a deeper understanding of the market dynamics but also provides manufacturers with actionable insights to tailor strategies, optimize operations, and ensure sustained market competitiveness in the dynamic landscape of in-plant logistics.

Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Automated Guided Vehicles (AGVs), Automated Storage & Retrieval Systems (ASRS), Conveyor Systems, Cranes & Hoists, Forklifts & Pallet Jacks, Robotic Arms, and Warehouse Management Systems (WMS) Hardware.

Based on Service Model Type, market is studied across Inventory Management, JIT (Just-In-Time) Delivery Services, Material Handling & Transportation, Packaging & Labelling, Returnable Packaging Management, and Warehousing & Storage.

Based on Level of Automation, market is studied across Fully Automated Logistics, Manual Logistics, and Semi-Automated Logistics.

Based on Logistics Mode, market is studied across Inbound Logistics, Internal Logistics, and Outbound Logistics.

Based on Automotive Component Type, market is studied across Body Parts, Electrical Systems, Engine Parts, Interiors, Suspension Systems, Transmission Systems, and Wheels/Tires.

Based on End-Users, market is studied across Aftermarket Parts & Accessories OEMs, Commercial Vehicle OEMs, and Passenger Vehicle OEMs.

Key Regional Insights: A Global Perspective on Regional Dynamics

The global landscape of in-plant logistics exhibits a fascinating blend of regional influences and market dynamics that shape operational practices and strategic decisions across continents. The Americas continue to set the pace with sophisticated manufacturing processes and early adoption of advanced automation solutions. This region is characterized by robust technological integration and a continuous drive for operational efficiency, where manufacturers invest in sustainable and innovative logistics solutions to fortify their market positions.

Europe, Middle East and Africa present an equally compelling narrative with a blend of heritage manufacturing expertise and modern transformation. Here, stringent regulatory frameworks and a strong emphasis on environmental sustainability stimulate the adoption of meticulously planned logistics models. Within these regions, manufacturers are embracing a strategic balance between legacy systems and forward-thinking automation, resulting in enhanced process reliability and risk mitigation.

Asia-Pacific stands out as a dynamic region where rapid industrialization and burgeoning consumer markets drive a relentless pursuit of efficiency and technological supremacy in in-plant logistics. The fast-paced growth observed in this region is underpinned by a robust manufacturing base that is keen to integrate digital solutions with proven operational models. The region's emphasis on scalability, coupled with a keen awareness of global competitive pressures, compels manufacturers to continuously innovate and adapt, thereby ensuring that logistics processes remain agile, efficient, and cost-effective.

Regional insights gained from these distinct geographic footprints reveal that while technological adoption and strategic reorganization are universal imperatives, the manner in which these elements are integrated varies. Cultural factors, economic considerations, and regulatory frameworks all play influential roles in shaping tailored solutions. Understanding these regional subtleties is crucial for stakeholders aiming to harness global opportunities and tailor their logistics innovations to meet varied regional demands.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, Indiana, Michigan, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Key Companies Insights and Market Leadership: Players at the Forefront

A thorough examination of market leadership unveils the critical contributions of several industry pioneers that are driving innovation and setting new benchmarks in the realm of in-plant logistics. Established corporations and emerging entities alike are leveraging their experience and technological prowess to shape the future of logistics systems. In this dynamic environment, leading firms such as Accenture PLC, AIT Worldwide Logistics, Inc., BLG LOGISTICS GROUP AG & Co. KG, BR Williams Trucking, Inc., and CEVA Logistics SA are at the helm of operational innovations.

Further, companies like Daifuku Co., Ltd., DHL Group, DP World Limited, DSV A/S, and GXO Logistics, Inc. are significantly influencing how advanced automation is implemented across manufacturing sectors worldwide. These companies have not only set exemplary standards in system integration but have also cultivated strategic alliances that pave the way for enhanced digital transformation in logistics.

Key players such as Handling Specialty Manufacturing Ltd., Hellmann Worldwide Logistics SE & Co. KG, Hyster-Yale Materials Handling, Inc., John Bean Technologies Corporation, and Joloda Hydraroll Limited continue to spearhead initiatives that bridge technological gaps and streamline logistics processes. Moreover, firms including Kintetsu World Express, Inc., Kion Group AG, Kuka AG, and Kuhne + Nagel Group have advanced the operational efficacy of manufacturing plants by migrating to fully integrated management systems.

Additional impactful contributions are made by LTIMindtree Limited, Penske Truck Leasing Co., L.P., Rhenus SE & Co. KG, Rudolph and Hellmann Automotive, Ryder System, Inc, Schnellecke Logistics SE, and SEKO Worldwide, LLC. Each of these companies has successfully integrated innovative logistics strategies that result in reduced operational cost and enhanced turnaround times.

Moreover, firms such as SF Holding Co., Ltd., Sinotrans Limited, SSI SCHAFER GmbH & Co KG, TCI Supply Chain Solutions, Tech Mahindra Limited, and Toyota Industries Corporation further underscore the importance of consistent innovation and strategic foresight. The combined influence of these industry leaders drives overall market maturity and inspires a continuous recalibration of best practices across the global in-plant logistics landscape.

The cumulative efforts of these prominent companies demonstrate a shared vision of seamless, integrated, and technologically advanced logistics ecosystems, setting benchmarks that others in the industry strive to emulate. Their relentless commitment to operational excellence and technological innovation serves as a beacon for emerging market players and underscores the critical importance of strategic investment in logistics infrastructure.

The report delves into recent significant developments in the Automobile OEM In-plant Logistics Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, AIT Worldwide Logistics, Inc., BLG LOGISTICS GROUP AG & Co. KG, BR Williams Trucking, Inc., CEVA Logistics SA, Daifuku Co., Ltd., DHL Group, DP World Limited, DSV A/S, GXO Logistics, Inc., Handling Specialty Manufacturing Ltd., Hellmann Worldwide Logistics SE & Co. KG, Hyster-Yale Materials Handling, Inc., John Bean Technologies Corporation, Joloda Hydraroll Limited, Kintetsu World Express, Inc., Kion Group AG, Kuka AG, Kuhne + Nagel Group, LTIMindtree Limited, Penske Truck Leasing Co., L.P., Rhenus SE & Co. KG, Rudolph and Hellmann Automotive, Ryder System, Inc, Schnellecke Logistics SE, SEKO Worldwide, LLC, SF Holding Co., Ltd., Sinotrans Limited, SSI SCHAFER GmbH & Co KG, TCI Supply Chain Solutions, Tech Mahindra Limited, and Toyota Industries Corporation. Actionable Recommendations for Industry Leaders: Strategic Roadmap for Future Success

Industry leaders seeking to capitalize on the evolving dynamics of in-plant logistics must undertake a comprehensive reassessment of current operational strategies and invest in modern technological advancements. It is essential that decision-makers embark on a detailed evaluation of existing market practices and identify opportunities for the integration of robust automation systems and streamlined software integration. Leaders should prioritize strategic investments in cutting-edge hardware solutions, including automation systems that have proven efficiency and reliability. There is a clear imperative to upgrade legacy infrastructures by adopting automated storage and retrieval facilities, force-multiplying material handling systems, and intelligent robotic process management.

Furthermore, aligning service models with evolving market demands is crucial. Executives should consider embracing sophisticated inventory management systems and demand forecasting tools that enhance Just-In-Time (JIT) delivery models. Seamless integration between inbound, internal, and outbound logistics is no longer a luxury but a necessity, as it directly correlates to speed, efficiency, and overall production reliability. Industry leaders are encouraged to adopt an omni-channel approach that considers the distinct logistical challenges associated with transporting sensitive automotive components such as engine parts, body systems, and advanced electronic modules.

In parallel, decision-makers must seek to build cross-functional teams that combine the expertise of IT specialists, supply chain experts, and operational managers to drive comprehensive digital transformation. This multifaceted approach ensures that new systems are not only integrated into existing frameworks but are also managed in a manner that maximizes productivity. Collaborative efforts with strategic partners and technology vendors can also yield significant benefits, enabling companies to stay on the cutting edge of industry developments and adapt swiftly to emerging trends.

Another pivotal recommendation lies in recalibrating vendor partnerships and supply chain protocols to develop more agile and resilient networks. By reassessing supplier agreements, negotiating flexible terms, and cultivating deep relationships with technology innovators, companies will be better positioned to mitigate risks and capitalize on fluctuation in the supply chain dynamics. Leaders should view these initiatives as integral components of a long-term strategy aimed at establishing a competitive and agile production environment.

It is also advised that industry insiders invest in data analytics and real-time monitoring systems, which provide actionable insights that drive continuous improvement. With these tools, manufacturers can effectively monitor system performance, predict bottlenecks before they occur, and adjust processes dynamically. This data-driven approach not only minimizes downtimes but also reinforces proactive decision-making processes that support long-term operational gains.

Lastly, fostering a culture of continuous improvement and innovation is of paramount importance. By creating an environment where incremental advancements are celebrated and strategic experiments are encouraged, manufacturers can pave the way for sustainable growth. Embracing a holistic, technology-led approach ensures that companies remain adaptive, resilient, and primed to respond to the evolving needs of a global market.

Conclusion: Embracing the Future of In-plant Logistics in Automobile Manufacturing

The transformation of in-plant logistics is a testament to the dynamic evolution within the automobile manufacturing sector. Critical advancements in automation, the integration of sophisticated software systems, and the reimagining of service models are reshaping the way manufacturers approach internal operations. Modern facilities are no longer defined by rigid traditional structures but are characterized by fluid, adaptable, and interconnected logistics systems that drive efficiency and operational excellence.

The insights drawn from analyzing segmentation factors-ranging from components and service models to levels of automation, logistics modes, and end-user requirements-offer a detailed map of the market landscape. These insights serve to underscore the need for customization and precision in managing diverse operational demands. When coupled with evolving regional dynamics and the influence of formidable industry players, the roadmap to successful in-plant logistics becomes clear. Investment in technology, continuous improvement, and strategic foresight not only mitigates risks but also opens up new avenues for efficiency and cost reduction.

The journey towards a redefined logistics paradigm involves embracing both digital innovation and collaborative synergy. The coordinated efforts of manufacturers, technology providers, and logistics experts are setting new standards in productivity and quality control. As companies chart their course towards the future, it is imperative that they harness these insights to drive transformational changes that extend beyond merely increasing throughput, reaching into the realms of strategic excellence and sustainable growth.

In summary, the evolution of in-plant logistics in automobile manufacturing is both a challenge and an opportunity. The clear integration of automation and digital strategies, when implemented with insight and precision, has the potential to revolutionize production processes. This comprehensive overview of current trends and strategic insights offers a robust foundation upon which industry leaders can build resilient, innovative, and future-ready logistics frameworks.

Product Code: MRR-F6513A06BD85

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing production and sales of vehicles across economies worldwide
  - 5.1.1.2. Increasing demand for supply chain efficiency and optimization in the automobile industry
- 5.1.2. Restraints
  - 5.1.2.1. High costs of in-plant logistics operations in automobile manufacturing plants
- 5.1.3. Opportunities
  - 5.1.3.1. Rising shift toward green logistics with focus on environmental sustainability
  - 5.1.3.2. Collaboration and partnerships among OEMs and logistics providers facilitating innovative service offerings
- 5.1.4. Challenges
  - 5.1.4.1. Concerns associated with data security and technology breaches in in-plant logistics operations
5.2. Market Segmentation Analysis
- 5.2.1. Component: Pivotal role of hardware in automobile OEM in-plant logistics
- 5.2.2. Service Model Type: The prevalence and impact of JIT delivery services due to its production efficiency and reducing costs
- 5.2.3. Level of Automation: Widespread adoption of semi-automated logistics due to the balance of efficiency and flexibility
- 5.2.4. Logistics Mode: Essential role of inbound logistics in enhancing manufacturing efficiency and continuity
- 5.2.5. Automotive Component Type: The essential role of body parts in vehicle manufacturing and in-plant logistics
- 5.2.6. End-Users: Optimizing in-plant logistics for the high-volume passenger vehicle industry
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Automobile OEM In-plant Logistics Market, by Component

6.1. Introduction
6.2. Hardware
- 6.2.1. Automated Guided Vehicles (AGVs)
- 6.2.2. Automated Storage & Retrieval Systems (ASRS)
- 6.2.3. Conveyor Systems
- 6.2.4. Cranes & Hoists
- 6.2.5. Forklifts & Pallet Jacks
- 6.2.6. Robotic Arms
- 6.2.7. Warehouse Management Systems (WMS) Hardware
6.3. Services
6.4. Software

7. Automobile OEM In-plant Logistics Market, by Service Model Type

7.1. Introduction
7.2. Inventory Management
7.3. JIT (Just-In-Time) Delivery Services
7.4. Material Handling & Transportation
7.5. Packaging & Labelling
7.6. Returnable Packaging Management
7.7. Warehousing & Storage

8. Automobile OEM In-plant Logistics Market, by Level of Automation

8.1. Introduction
8.2. Fully Automated Logistics
8.3. Manual Logistics
8.4. Semi-Automated Logistics

9. Automobile OEM In-plant Logistics Market, by Logistics Mode

9.1. Introduction
9.2. Inbound Logistics
9.3. Internal Logistics
9.4. Outbound Logistics

10. Automobile OEM In-plant Logistics Market, by Automotive Component Type

10.1. Introduction
10.2. Body Parts
10.3. Electrical Systems
10.4. Engine Parts
10.5. Interiors
10.6. Suspension Systems
10.7. Transmission Systems
10.8. Wheels/Tires

11. Automobile OEM In-plant Logistics Market, by End-Users

11.1. Introduction
11.2. Aftermarket Parts & Accessories OEMs
11.3. Commercial Vehicle OEMs
11.4. Passenger Vehicle OEMs

12. Americas Automobile OEM In-plant Logistics Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Automobile OEM In-plant Logistics Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Automobile OEM In-plant Logistics Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. Market Share Analysis, 2024
15.2. FPNV Positioning Matrix, 2024
15.3. Competitive Scenario Analysis
- 15.3.1. Toyota enhances material handling with high-performance electric forklifts
- 15.3.2. Strategic merger of Toyota Material Handling and Raymond Corporation
- 15.3.3. BMW Group plant Regensburg initiates hydrogen-powered logistics
- 15.3.4. Siemens to sell airport logistics business to Vanderlande
- 15.3.5. DHL and Volkswagen Slovakia extend partnership until 2029, focusing on innovative and sustainable logistics solutions
- 15.3.6. DSV acquires DB Schenker for EUR 14.3 billion to enhance global reach and transform automotive logistics
- 15.3.7. Toyota and Gideon's strategic partnership enhances innovation in automated in-plant logistics solutions
- 15.3.8. TVS Supply Chain Solutions secures strategic in-plant logistics contract with JCB at Vadodara facility
- 15.3.9. Holman Logistics partners with Third Wave Automation for AI-powered forklifts
- 15.3.10. Japan's revolutionary 310-mile automated cargo conveyor tackling logistics and labor challenges
15.4. Strategy Analysis & Recommendation
- 15.4.1. GXO Logistics, Inc.
- 15.4.2. Toyota Industries Corporation
- 15.4.3. DSV A/S
- 15.4.4. BLG LOGISTICS GROUP AG & Co. KG

Companies Mentioned

1. Accenture PLC
2. AIT Worldwide Logistics, Inc.
3. BLG LOGISTICS GROUP AG & Co. KG
4. BR Williams Trucking, Inc.
5. CEVA Logistics SA
6. Daifuku Co., Ltd.
7. DHL Group
8. DP World Limited
9. DSV A/S
10. GXO Logistics, Inc.
11. Handling Specialty Manufacturing Ltd.
12. Hellmann Worldwide Logistics SE & Co. KG
13. Hyster-Yale Materials Handling, Inc.
14. John Bean Technologies Corporation
15. Joloda Hydraroll Limited
16. Kintetsu World Express, Inc.
17. Kion Group AG
18. Kuka AG
19. Kuhne + Nagel Group
20. LTIMindtree Limited
21. Penske Truck Leasing Co., L.P.
22. Rhenus SE & Co. KG
23. Rudolph and Hellmann Automotive
24. Ryder System, Inc
25. Schnellecke Logistics SE
26. SEKO Worldwide, LLC
27. SF Holding Co., Ltd.
28. Sinotrans Limited
29. SSI SCHAFER GmbH & Co KG
30. TCI Supply Chain Solutions
31. Tech Mahindra Limited
32. Toyota Industries Corporation