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Japanese firms rule a third of two-wheeler market

Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years

Ajay Modi  |  New Delhi 

Led by Honda and Yamaha, Japanese companies now control a third of the domestic two-wheeler market, the biggest in the world. Five years back, these firms had only a fifth. Honda Motorcycle and Scooter India (HMSI), which entered the market 33 years ago with local partner Hero, has emerged as the second largest player.

It now has a 27.3% share. The largest share, however, remains with its former partner Hero (the two parted ways in 2010). Hero MotoCorp commands a 36.6% share and has consistently managed to hold the top slot though its share has come down from over 40% few ...

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First Published: Tue, January 03 2017. 00:16 IST