Honda now largest scooter exporter from India

Scooter exports saw an impressive jump during the last fiscal, growing by 34.72 percent YoY.
Total scooter exports stood at 256,273 units during the year. Interestingly, all the scooter
manufacturers in India reported a growth in their respective exports barring Hero MotoCorp,
which saw a marginal decline.
Leaving Hero behind, Honda is now the largest scooter exporter from India. In FY2014-15,
while Hero stood as the largest scooter exporter with 79,956 units, Honda had ranked second
with exports of 77,814 units.
However, in FY2015-16, while Hero MotoCorps total scooter exports saw a marginal decline of
3 percent YoY, Honda grew its exports by 32.68 percent YoY.
Honda exported 103,242 units in FY2015-16. Hero MotoCorp, on the other hand, reported
exports of 77,521 units during the same period. Industry analysts say that Heros FY2014-15
scooter exports had surged because of a large, one-time order from Sri Lanka. In FY2015-16,
however, the company focused on raising its production capacity and increasing its domestic
market share.
Doubling its scooter exports during the last fiscal, TVS Motors offshore shipments accounted
for 37,722 units as against 16,543 units exported in FY2014-15. The company, nevertheless,
reported a severe decline of 76.71 percent YoY in exports of its 70cc-90cc models only 1,208
units in FY2015-16.
While India Yamaha more than tripled its scooter exports to 22,263 units, Suzuki too reported
exports of 8,510 units during FY2015-16. Both companies are looking at aggressively growing
their respective export volumes in FY2016-17.
- See more at: http://www.autocarpro.in/analysis-sales/indian-scooter-segment-million-unit-market-11161#sthash.kHB9qvca.dpuf

Market
Company Share
Hero Motor Corp 40%
Honda 25%
Bajaj 12%
TVS 13%
Yamaha 5%
Royal Enfield 4%
Mahindra two
wheeler 1%

Market Share of Leading Two wheeler companies: -