Indian two-wheeler production and plant capacity analysis

ICE two-wheelers trends: Hero MotoCorp, Honda, Bajaj, TVS Motors, etc.

2024/06/24

Table of contents

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

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.

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