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Two Wheelers Industry in India

Two Wheelers Industry in India



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Published by knowledge_power

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Categories:Types, Research
Published by: knowledge_power on Feb 21, 2010
Copyright:Attribution Non-commercial


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Economic Analysisof Indian TwoWheeler Industry
Two wheelersTwo wheelersindustryindustry
India is the second largest producer of two wheelersTwo wheeler segment contributes the largest volume amongst allthe segments in automobile industryThe industry is growing at 30% annually.The sales of two wheelers in the period 2006 - 07 was 7,857,548,which was a growth of 11.41 %.
Indian two wheeler industry is as old as 53 years.Bajaj auto began trading in imported Vespa Scooters in 1948.Until the mid 80’s, there were only three major motorcyclemanufacturers in India namely Rajdoot, Escorts, and EnfieldThe two-wheeler market was opened to foreign manufacturers in themid 80’s. In 1984, Hero group entered the market in joint venture with Japan’sHonda Group

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