Explore the vibrant landscape of India's motorcycle market in 2016, where bikes are not just a mode of transportation but a style statement. This guide delves into the top brands and their latest models, offering insights into prices and market trends to assist enthusiasts and potential buyers in making informed decisions.
Since the introduction of the iconic 350cc Royal Enfield Bullet in 1955, India's two-wheeler industry has undergone significant transformations. The past few years have seen a surge in the popularity of stylish, four-stroke engine bikes, propelling the industry's growth at an unprecedented rate. By 2016, motorcycles had become a symbol of style as much as a means of transport, with India boasting one of the highest rates of motorcycle ownership globally.
The Indian bike market is broadly divided into:
For instance, while a college student might prefer the sporty Yamaha R15, a daily commuter might opt for the cost-effective Bajaj Platina.
As of 2016, Hero MotoCorp held the title of the world's largest two-wheeler manufacturer, commanding a substantial 42.2% market share in India. Originally established as Hero Honda in 1984, the company rebranded to Hero MotoCorp in 2011 after parting ways with Honda.
Bajaj Auto, known for its significant impact on the Indian two-wheeler market with an 18.5% share, is not only a major bike producer but also manufactures three-wheelers and four-wheelers. The Pulsar series, in particular, has been a revolutionary addition to its portfolio, widely favored by the youth.
Founded in 1877 by T.V. Sundaram Iyengar, TVS Motor Company has grown to capture 13% of the Indian market by 2016, making it a significant player in the industry.
Honda holds a strong position in the Indian market with an 18.8% share. The brand is known for its reliable and innovative models.
The Indian motorcycle market offers a diverse range of options catering to different preferences and needs. Whether you are looking for a robust commuter bike or a high-performance sports model, the choices are plentiful. With continuous innovations and introductions from top brands, the sector remains vibrant and competitive.
For more detailed insights and the latest updates, enthusiasts can visit the official websites of Hero MotoCorp, Bajaj Auto, and TVS Motor.
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