Indian two-wheeler production and plant capacity analysis
24.5 million units produced in FY2018-19, eMobility in the early stages
India is the largest manufacturer of two wheelers in the world. The two-wheeler market primarily consists of motorcycle and scooter segments. In the domestic market, two-wheeler industry production grew from 23.2 million units in 2017-18 to 24.5 million units in 2018-19.
At present two-wheeler production accounts for 80% of total production of automobiles in India. Indian two-wheeler manufacturers have more than 25 million installed capacity. The increase in per capita income levels, high fuel efficiency, easy financing options, final mile delivery for the e-commerce sector, government policy for farmers and preference of two-wheeler in eMobility will further boost two-wheeler sales in India. Two wheeler production is expected to grow to 50.6 million units annually by 2026.
Vehicle production in India (FY2018-19)
|Vehicle production in India (FY2018-19)
(Source: Created by MarkLines using information provided by various announcements and sources)
Future Mobility Show 2019: Clean and sustainable future mobility for India (Mar. 2019)
MOVE 2018 - India’s First Global Mobility Summit (Part 2) (Oct. 2018)
MOVE 2018 - India’s First Global Mobility Summit (Part 1) (Sep. 2018)
Review of Electric Vehicles and the EV Ecosystem in India (Aug. 2018)
The global market for motorcycles: India, China and ASEAN countries (Aug. 2018)