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Honda Replaces TVS As 3rd Largest Two-Wheeler Maker In India

Hero-Honda motors was the largest motorcycle production company in India but the split between Hero Moto Corp and Honda motors has changed the scenario in India. Well, Hero Moto Corp is however on the top, followed by Bajaj but Honda faced some difficulties until recently. But now it has surpassed TVS motors to become the 3rd largest two-wheeler maker in India.

Honda Auto Logo Two Wheeler

Honda Auto

In 2011-12, Honda has stood at 1.34 crore units and Honda Motorcycle and Scooter India (HMSI) has sold a total of 19, 96, 320 units in FY 2012 ahead of 18, 95, 500 units by TVS. Bajaj Auto continues to be in second position with a sale of 25, 66, 757 units, about 35 lakh units behind Hero MotoCorp, leader in the segment.

TVS Motors Logo

TVS Motors

TVS motor’s sales increased in scooter segment by 14.13percent but it witnessed a fall of 1.65percent and also reported an increase of sales in moped segment by 11.39percent in Fiscal year 2012. However, TVS motors recently announced a 15 fold growth in sales and is targeting huge revenues to the tune of Rs. 4000 crore in 2015

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