Indian two-wheeler production and plant capacity analysis
ICE two-wheelers trends: Hero MotoCorp, Honda, Bajaj, TVS Motors, etc.
2024/06/24
- Summary
- Two-wheeler production/sales/export volume
- Two-wheeler OEM's production and export analysis
- Hero MotoCorp Ltd.
- Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI)
- Bajaj Auto Ltd.
- TVS Motor Company (TVSM)
- Royal Enfield
- Suzuki Motorcycle India Private Limited (SMIPL)
- India Yamaha Motor Pvt. Ltd.
- Piaggio Vehicles Pvt. Ltd. (PVPL)
- Premium Two-Wheelers
Summary
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| Two-wheelers - common mode of transportation in India |
India is the world's largest manufacturer of two-wheelers. Despite, the resurgence in car sales, two-wheelers are still the preferable mode of transport and account for over 75% production of total automotive production in India. It is estimated that India has around 271 million registered two-wheelers.
Despite the emergence of electric two-wheelers, the ICE two-wheelers are still dominating sales in India and expect to continue it in coming years. The ICE two-wheeler market is primarily comprised of the motorcycle and scooter segments.
India is the home of the world's biggest producers of two-wheelers like Hero MotoCorp, Bajaj, TVS Motors, etc. Other major companies like Honda, Yamaha, and Suzuki also have production plants in India.
The report examines the ICE two-wheeler market in India along with the performance of top OEMS in this segment. This report will cover recent developments in the Indian two-wheeler segment, trends of major two-wheeler manufacturers, and their manufacturing capacity. The emerging manufacturers of electric two-wheelers in India will be discussed in the next report.
Related reports:
Bharat Mobility Global Expo 2024 (2) Two-wheelers in India (Mar. 2024)
Investment in India: OEMs, Two-wheelers, and Suppliers (Feb. 2024)
Global Motorcycle Production and Sales: Overview of India, China, and ASEAN (Aug. 2023)
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