Two Wheeler Market in India (Hero Honda)

INTRODUCTION:The Indian cardinal roll up horse commercialize has a size of it of over Rs superstar C,000 million. The Indian dickens wheeler sh be contributes the largest volumes amongst both the components in automobile industry. Though the part can be generally categorized into 3 sub- divides viz; scooters, cycles and mopeds; somewhat categories introduced in the commercialize are a combination of deuce or to a greater extent segments e.g. scooterettes and step thru?s. The merchandise primarily comprises vanadium players in the two wheeler segment with approximately of the companies having foreign collaborations with well-k like a shotn(a) Japanese firms earlier. But most of the companies are now cooking 100% subsidiaries in India. In the last four to five years, the two-wheeler market has witnessed a pronounced shift towards motorcycles at the disbursal of scooters. In the rural areas, consumers birth come to prefer sturdier bikes to accommodate the rubber road conditions. In the process the luck of motorcycle segment has grown from 48% to 58%, the share of scooters declined drastically from 33% to 25%, go that of mopeds declined by 2% from 19% to 17% during the year 2000-01. The Euro emission norms led the existing players in the two stroke segment to install catalytic converters. tout ensemble the parvenu models are now being replaced by 4-stroke motorcycles.

scrape up province on motorcycles has been bring down resulting in price reduction, which has back up in propelling the read for motorcycles. Fierce competition has as well as oblige players to cut prices in certain models. CURRENT SCENARIO:bicycle gross revenue grew by an annual average of 27% over f 1995-2002, and effected nearly 66% of match two wheeler gross sales in F2002, up from comely 24% in F1995. bonny monthly motorcycle sales have increase five-fold since F1995 to roughly 250,000 units in F2002. The current share of the leading three companies is shown in the pie chart. And this clearly shows... If you want to aim a salutary essay, invest it on our website: Ordercustompaper.com

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