FarhanQureshi
12-02-2010, 07:45 PM
Purchasing capacity of average Indians has increased spectacularly in the last few years. This has encouraged significant growth in Indian two-wheeler industry. The exponential growth of the industry can be ascribed to factors such as higher disposable income resulting in more financial capacity and availability of cheap consumer financing. Over the years, the market dynamics of the industry has also changed. Majority of the customers now go for scooters and mopeds.
Bikes are the major segment of Indian two wheeler industry, the other two being scooter and mopeds. Indian two wheeler companies are among the biggest two wheeler manufacturers in the world. Hero Honda is the numero uno bike manufacturer in the world with Bajaj India gives it a close chase.
Bikes are the major segment of Indian two wheeler industry, the other two being scooter and mopeds. Indian two wheeler companies are among the biggest two wheeler manufacturers in the world. Hero Honda is the numero uno bike manufacturer in the world with Bajaj India gives it a close chase.