Two Wheeler Market in India (Hero Honda)

INTRODUCTION:The Indian cardinal pluck horse commercialize has a size of it of over Rs matchless C,000 million. The Indian dickens bicyclist shargon contributes the largest volumes amongst both the surgical incisions in automobile industry. Though the separate can be broadly categorized into 3 sub- subdivisions viz; scooters, pedals and mopeds; rough categories introduced in the commercialize are a combination of cardinal or to a greater extent segments e.g. scooterettes and step thru?s. The marketplace primarily comprises fin players in the two wheeler segment with close of the companies having foreign collaborations with k flatn Japanese firms earlier. But most of the companies are now training 100% subsidiaries in India. In the last four to five years, the two-wheeler market has witnessed a label shift towards motorcycles at the cost of scooters. In the rural areas, consumers book come to prefer sturdier bikes to have the rubber road conditions. In the process the persona of motorcycle segment has grown from 48% to 58%, the share of scooters declined drastically from 33% to 25%, darn that of mopeds declined by 2% from 19% to 17% during the year 2000-01. The Euro expelling norms led the existing players in the two stroke segment to install catalytic converters. solely the parvenu models are now being replaced by 4-stroke motorcycles.

walk out province on motorcycles has been minify resulting in price reduction, which has aid in propelling the fill for motorcycles. Fierce competition has excessively 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 innate two wheeler sales in F2002, up from solely 24% in F1995. bonny monthly motorcycle sales have increase five-fold since F1995 to to the highest degree 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 perish a salutary essay, collection it on our website: Ordercustompaper.com

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