About this document
Two-Wheeler Market Overview 2023 is a document available to read on EtoBox.
This document provides an economic analysis of the two-wheeler industry in India. Some key points: - India is the 2nd largest producer of two-wheelers globally and production has grown 30% annually. The largest segments are motorcycles (83%) and scooters (12%). - The major players are Hero Honda (42% market share), Bajaj Auto (27%), and TVS Motors (19%). Hero Honda and Bajaj Auto have experienced strong sales growth and profitability over recent years. - The two-wheeler market has low penetration compared
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