Top 10 Two Wheeler Company in India in 2020
Table of Contents
In India, the 2019-2020 market had fallen in market rate due to successful transition BS-IV to BS-VI for the Indian two-wheeler Industry falling GDP growth forecasts, and increased 2w prices due to Insurance cost increases and mandatory safety regulations. The year ended with the start of the single-minded struggle against the COVID-19 pandemic.
Total Two-Wheeler Industry record sales:
| 2019-2020 | 17.4 million |
| 2018-2019 | 21.1 million |
| 2017-2018 | 20.2 million |
Here we have categorized under sales, how a company had their y-0-y sales growth. To begin with, our categories, show below
1. HERO MOTOCORP
Hero Moto crop continues to be the world’s largest manufacturer of two-wheelers and celebrates with our nearly 100 million customers across the globe. Hero company continues to design and develop market-relevant products for global customers.
https://www.heromotocorp.com/en-in/
Manufacturing plants are:
- Dharuhera, Gurgaon, Haridwar, Neemrana, Holol, Chittor, Colombia, Bangladesh
- Total manufacturing capacity was 9.1 million units.
They are 2 Research and Development
- Centre of innovation and technology, Jaipur
- Hero Tech Center, Germany
Maestro Edge 125: 2020 Autocar Scooter of the Year,
In addition, The first scooter in India to bring F1 technology to scooters, Namely the Maestro Edge 125 has won 2020 by Hero Motocorp.
- Sales of the year :64 lakhs.
- They have 35.7% FY20 Indian two-wheeler market shares.
- Net Profit of the year: 3659.41 cr
2. HONDA
https://www.honda2wheelersindia.com/
Honda Motorcycle & Scooter India Pvt. Ltd(HMSI) the only Honda in Indian Two-wheeler Industry is the 100% subsidiary of Honda Motor Company Ltd, Japan, Of courses Honda’s consistency in providing high-quality products and services has 46 million customers and catapulted HMSI to become India’s 2nd largest two-wheeler company today.
Honda Manufacturing units are:
Automobiles manufacturing units are:
- Greater Noida, Uttar Pradesh.
- Tapukara, Rajasthan.
Motorcycle manufacture units are:
- Manesar, Gurgaon, Haryana.
- Tapukara, Alwar, Rajasthan.
- Narsapura, Bengaluru, Karnataka.
- Vithalapur, Ahmedabad, Gujrat.
- Two-wheeler production capacity nearly 10 million units
Honda India R&D located in Haryana Specifically and constantly sharpens its insight into the future and will continue to act as Honda’s driving force through creating technologies and products to bring joy to customers around the world.
- sales of the year: 27,03 ,256
- They have 19.3% FY20 Indian two-wheeler market shares.
- profit of the year: 509,932(million)
3.TVSMOTOR
TVS Motor Company is the third-largest 2-wheeler company in India with a revenue of over ₹18,217 crores. It has an annual sale of more than 3 million units and an annual capacity of over 4.95 million vehicles. TVS Motor is also the 2nd largest exporter in India with exports to over 60 Countries.
TVS Motor has 4 manufacturing Plants and 3 in India
- Hosur, TamilNadu
- Mysore, karnataka
- Nalagarh, Himachal Pradesh
TVS Motor R&D(Hosur) team continued its focus on in-depth customer understanding, technology development, and design innovations. Therefore in the launch of TVS Qube, the first Electric scooter from TVS stable, with cutting edge technologies, including Smart Connect. The team has developed technologies to meet the stringent BS-VI norms, which are significantly lower than the BS-IV emissions for both 2W and 3W models in the portfolio.
- Sales of the year : 24.38 Lakhs
- They have 14.39% FY20 Indian two-wheeler market shares.
- Profit of the year: 592.25 crores
4.Yamaha motor India Pvt Ltd.(YMI)
YMI is a 100% subsidiary of YAMAHA MOTOR CORP(YMC), it is responsible for Corporate Planning & Strategy, Business Planning & Business Expansion, and Quality & Compliance Assurance of Yamaha India Business.
https://www.yamaha-motor-india.com/
R&D(YMRI) is a 100% subsidiary of YMC and has been established by YMC to provide Product development service to YMI for domestic and as well as exports market. YMRI is the fifth overseas R&D headquarters following Italy, Taiwan, China, and Thailand
Yamaha Manufacturing Plants in India:
- Surajpur(Uttar Pradesh)
- Faridabad(Haryana)
- Kanchipuram(Tamil Nadu)
- Sales of the year : 24 Lakhs
- They have 14.11% FY20 Indian two-wheeler market shares.
5.Bajaj Auto
Bajaj Auto is ranked as the world’s fourth-largest three and two-wheeler manufacturer and the Bajaj brand is well known across several countries. In 2007, Bajaj Auto acquired a 14% stake in KTM that has since grown to 48%.
https://www.bajajauto.com/motor-bikes
Bajaj Auto today exclusively manufactures Duke’s range of KTM bikes and exports them worldwide. In FY2018, KTM was the fastest-growing motorcycle brand in the country.
Bajaj auto had their R&D in Pune Maharashtra, R&D has invested in creating a state-of-the-art electric vehicle (EV) test facility in FY2020. This new laboratory will be pivotal in our thrust into the EV space. Every component and aggregate in the EV system can be tested for performance and durability at the new facility.
Bajaj Auto Manufacturing Plants in India:
- Pantnagar(Uttrakhand)
- Waluj(Maharashtra)
- chakan(Maharashtra)
- Total manufacturing capacity was 63,30,000
- kTM sales: 64,058
- Total sales of the year: 18,69,220
- They have 13.57 % FY20 Indian two-wheeler market shares.
6. Suzuki motorcycle India
SUZUKI MOTORCYCLE INDIA PRIVATE LIMITED is a subsidiary of Suzuki Motor Corporation, Japan SMIPL will be manufacturing two-wheelers best suited for the valuable Indian customers covering all segments.
https://www.suzukimotorcycle.co.in/
Suzuki Manufacturing plants are
- Gurgaon (Haryana)
- Its annual capacity of Two Wheeler is 7,50,000 units
Award:
- Motor Vikatan Award, Suzuki Gixxer SF 250 won Bike of the Year 2020.
- GaadiWaadi Editors Choice Awards, Suzuki Access amongst Best scooters of the decade from 1st Jan 2020 to 31st Dec 2019.
- Sales of the year: 7,90,397
- They have 5.71 % FY20 Indian two-wheeler market shares.
7.Royal Enfield
Eicher Motors Limited (EML) is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. The world’s oldest motorcycle brand in continuous production, Royal Enfield has made its distinctive motorcycles since 1901. Royal Enfield operates in India, and over 60 countries around the world with modern development facilities in Leicestershire, UK, and Chennai, India. Royal Enfield makes its motorcycles in Chennai, Tamil Nadu for the world.
Manufacturing Plants are:
- Thiruvottiyur,
- Oragadam
- Vallam Vadagal
Royal Enfield’s twin-cylinder motorcycles – the Interceptor INT 650 and the Continental GT 650 – have gained their position as a global leader in the mid-sized motorcycle segment.
- In 2019-2020 total sales are :735243
- 350cc engine model sales : 619897
- Exceeded 350cc engine model sales : 76050
- Profit of the year are : 1,827.44(crores)
- They have 5.21 % FY20 Indian two-wheeler market shares.
8. Piaggio Group
The Indian government recently announced its intention to have only electric three-wheelers by April 2023 and electric two-wheelers by April 2025. This strategy, which is part of the FAME (Faster Adoption of Electrical Mobility) scheme the Indian government adopted in 2015, aims to provide incentives for the purchase of electric and hybrid two, three, and four-wheelers.
In April 2019, the transition to the second stage of the scheme was officially announced, with new funds allocated for a total of 1.4 billion USD and incentives targeting the purchase of electric vehicles and the development of charging infrastructure.
The Piaggio Group operates on a global scale, with production sites in India are:
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;
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.
- The Aprilia SR 150, with 21,389 units sold in 2019
- Total 2 wheeler sales are 77 thousand units
9.Kawasaki
India Kawasaki Motors Pvt. Ltd. is a subsidiary of Kawasaki Heavy Industries Limited, Japan. The Indian journey of Kawasaki began in 2009 with the launch of Ninja 650 and Ninja 250.
On 1st July 2010, India Kawasaki Motors Pvt. Ltd. (IKM) was incorporated to enter the Indian Super Bike Market. In particular, from July 2013, IKM started assembly of Z250, Ninja 300, Ninja 650, ER-6N, and Versys 650 motorcycles at its plant located in the premises of its Indian partner, In the same way, while the functions such as marketing, sales, and after-sales services were taken care by Kawasaki’s Indian partner.
The successful alliance with an Indian partner for sales and after-sales service of its motorcycles ceased with effect from April 01, 2017. Of course, this will strengthen and promote the Kawasaki brand experience to customers in conjunction with Kawasaki Global Marketing.
Manufacturing plants are:
- IKM established its new plant in Chakan, Pune, Maharashtra in July 2017.
- Currently, IKM sells 27 models in its 30 dealerships across the country.
- Sales of the year: 2884
10. Mahindra Two wheelers:
Mahendra has 72 manufacturing facilities around the world, likewise Indian has almost 40 manufacturing facilities. It has also 19 manufacturing plants in India and a similarly two-wheeler manufacturing unit in Pithampur, Madhya Pradesh. In R&d facilities are set up in 20 centers across 10 countries. Moreover China, Finland, France, India, Italy, South Korea, Turkey, UK, USA.
In India, R&D facilities are Automotive Engineering & Design, Connected Cars & Electric Vehicle Technology, Aerospace & Defence, Digitalisation, AI & IoT.
https://www.mahindratwowheelersimilars.com/
For the Financial Year 2019-20, your Company sold 1,450 two-wheelers In the revised strategy for the two-wheeler business, your Company through its subsidiary, Classic Legends Private Limited (CLPL) had reintroduced the iconic brand ‘Jawa’ to the Indian market in Financial Year 2019, with the launch of a new range of JAWA motorcycles – Jawa and Jawa Forty-Two. A new addition to that range – JAWA Perak was launched in the Financial Year 2019-2020.
Sales of the year: 1450
