Two Wheeler Market Share In India | Bikes Industry Analysis 2023
The two-wheeler market in India is dominated by a few major players, with Hero MotoCorp leading the pack in terms of market share. Here are the top five two-wheeler manufacturers in India and their respective market shares: Hero MotoCorp - 38.83% Honda Motorcycle & Scooter India - 25.19% TVS Motor Company - 14.16% Bajaj Auto - 12.03% Yamaha Motor India - 3.28 % These figures are based on the latest india two wheeler market report available and may be subject to change over time. It's also worth noting that the market share of each manufacturer can vary depending on the segment of two-wheelers (such as scooters or motorcycles) and geographic region within India. Current Two Wheeler Sales In India 2023 According to our research and the Indian Automobile Manufacturers (SIAM), the sales of two-wheelers in India during the fiscal year 2020-21 is 1,96,43,139 units . This represents a decline of 13.19% as compared to the previous fiscal year (2019-20) due to the impact of the COVID-1...