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Best 3 wheeler manufacturing company in India 2021

sivapathasekaran
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3 wheeler segment had a negative sign in their growth for the few years in India and other countries for the main reason the industry changes from BIV to BVI and COVID-19

Financial Year 2020-21 was a very challenging year for the Indian auto industry. The industry could produce a
total of 2,26,52,108 vehicles clubbing all segments i.e. Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers, and Quadricycles as against 2,63,53,293 in FY 2019-20 and 3,09,14,874 in FY 2018-19, registering a de-growth of(-)14.04 percent over the same period last year and (-) 26.73 percent over FY 2018- 19. Among these, the three-wheeler industry was the worst hit in FY21.

V. Atul Auto Limited

Atul Auto Profile:

ATUL vehicles are redefining the 3-wheeler industry and they are the fastest-growing 3 Wheeler Company in India, with a presence across 21 states with 200 primary and 130 secondary networks. The company’s dealership, sales, service, and spare parts network comprises over 600 touchpoints across the globe.

in the 3 wheeler segment, ATUL is one of the youngest & fastest growing companies. In the 3 wheeler industry, the Company understands the need of the day, the value of the environment, and the importance of sustainability, and the introduction of Green 3 Wheeler a new era for the industry as well as for the Company.

Considering the benefits provided under FAME II (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles) and rising fuel costs, the Boards believe in the bright future of electric 3 wheeler and necessary developments are going into this segment.

Atul Auto has its manufacturing plant facilities in Gujarat, India for the 3 wheeler segment.

Atul Auto Product:

Atul Auto Financial position

Key ratios for the Atul Auto are:

IV. Scooters India Limited

Scooters India Ltd Profile:

Scooters India started its commercial production under the brand name of Vijai Super for the domestic market and Lambretta for the overseas market. It added one more wheel to its product range and introduced 3 wheelers under the brand name VIKRAM/LAMBRO.

Scoter India discontinued its two-wheeler production and concentrated only on the manufacturing and marketing of 3 wheelers. These 3 wheelers have become more relevant in the present socio-economic environment as it transports goods and passengers at the least cost.

Scooters India Ltd Product

Scooters India Limited makes various & versatile types of 3-wheelers: Vikram 450D(HB), Vikram 450D(STG), Vikram 1000 CG, Vikram 1500 CG, Vikram 750D(AC), Vikram Load Carrier, Vikram EV.

Scooters India Financial analysis:

III. Piaggio Vehicles Pvt. Ltd. 

Piaggio Vehicles profile:

Piaggio is an Italian motor vehicle manufacturer, which produces a range of two-wheeled motor vehicles and compact commercial vehicles of 3-wheeler goods transportation in India.

PVPL incepted its Indian operations with the launch of Apé in 1999. Equipped and engineered for higher fuel efficiency, rugged performance, and outstanding load carrying capability, Apé was an instant success.

Piaggio manufacturing units:

Baramati (India, in the state of Maharashtra), with plants dedicated to the manufacture of three- and four-wheeler commercial vehicles, Vespa and Aprilia brand scooters and engines for Two-wheeler company

In 2019, plants in India purchased raw materials, merchandise, and spare parts for an overall value of 318 million from around 620 suppliers. The first ten suppliers made up 36% of the total purchases

II. TVS Motor Company

TVS Motor Company Profile:

TVS Motor Company is the third-largest two-wheeler and 3 wheeler in India and also the 2nd largest exporter in India with exports to over 60 Countries.

TVS Group has also manufacturing auto compounds, motors, and tires. In Two-wheeler tires 3 wheeler tires, TVS Srichakra is one of India’s largest manufacturers and exporters in India. In aaraichikuripukal TVS Srichakra has placed top 5 positions in the tire Industries

TVS Motor Manufacturing units in India

TVS Motor has 3 Manufacturing plants they are,

TVS Financial analysis:

The key ratio for the TVS Motor

I. Bajaj Auto

Bajaj Auto Profile:

Bajaj Auto is ranked as the world’s fourth-largest 3 wheeler and two-wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South, and Southeast Asia.

The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers company manufacturer and three-wheelers manufacturer company), home appliances, lighting, iron and steel, insurance, travel, and finance.

in 2 wheeler segment bajaj auto also performed well in the market

3 wheeler market share in the segment was 50.6%

Bajaj Auto Manufacturing Units:

bajaj auto has 3 Plants they are

In the Waluj plant, the capacity was Motorcycles 2,400,000 units, Commercial Vehicles 930,000 and produce the brand are Boxer, CT, Platina, Discover, Pulsar, Passenger Carriers, Good Carriers, Quadricycle.

In the Chakan plant, the capacity was Motorcycles 1,200,000 units, and produce the brand are Pulsar, Avenger, KTM, Dominar, Husqvarna, Chetak

In the Pantnagar plant, the capacity was Motorcycles 1,800,000 units, and produce the brand are CT, Platina, and Pulsar.

For the 3-wheeler total units are 930,000 Units

Bajaj Auto Subsidiaries:

Bajaj Auto Financial Position:

For Three-wheeler segment

Net sales in the domestic market: 109,304

Net sales in the Internation market: 254,200

The key ratio for the Bajaj Auto

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