In two wheeler markets India has the world second largest
Market (after China). In India every month sold nearly 3-lakh motor cycle.
The two- wheeler industry is among the few that have
Managed to face the industrial slow down. The industry's impressive growth
of over 10% for four year till 2006-07. But in 2007-08 there was a drop in
agricultural output. But a boost comes in the 6
th Pay commission
recommendation.
After year of cursing along at fairly relaxed pace, twowheeler
industry has finally stepped on the acceleator & swayed its way
timely in to the first lane. All the major players in the market including
BAJAJ AUTO, HERO HONDA,TVS ,SUZUKI, ESCORT YAMAHA,
KINETIC & LML, work over time to grab slice of two-wheeler pie as
possible, the market is suddenly roaring for action.
Most of them like BAJAJ AUTO, HERO HONDA, TVS,
LML, KINETIC, YAMAHA are adding of their existing range by launching
new state of art product to meet competition head on