Looking to buy a new two-wheeler? Check these top manufacturers in India

In India, every second person owns a two-wheeler. Hence, it is not surprising to know that India is the largest two-wheeler market in the world. Each year several new two-wheelers are introduced in the market, some are an upgrade of their already best-selling versions, and others are a new addition to a two-wheeler brand line. There are several reasons why two-wheelers are so popular in India. First, the convenience of driving, especially given the roads in India. Second, the affordability of two-wheelers makes them a preferred choice for commuting in India. This is why two-wheeler manufacturers in India consistently roll out new models of their two-wheelers, spoiling consumers for choice.

If you are looking to buy a new two-wheeler this season, here is the list of the largest two-wheeler manufacturers in India, and choose the best two-wheeler for your needs:

1. Hero MotoCorp
 

With a market share of over 46% in 2021, Hero MotoCorp has been the top two-wheeler manufacturer in India for the last 18 years. Renowned for its innovative two-wheelers backed by years of strong research, stunning design, and ultimate performance, Hero MotoCorp can be your first choice when it comes to a two-wheeler brand. With 37 years of excellence, over 100 million two-wheelers manufactured, and more than 9000 customer touchpoints, Hero MotoCorp has a strong foothold in the Indian two-wheeler segment. The company offers everything from affordable commuter bikes, zippy scooters to high-end sport motorcycles. When you buy a two-wheeler from Hero MotoCorp, style and comfort in driving are guaranteed. The company has a strong presence worldwide, and its two-wheeler range meets global benchmarks in style, performance, efficiency, and technology. With over 20 two-wheeler offerings, Hero MotoCorp is the unparalleled leader of the Indian two-wheeler segment.

2. Honda Motorcycle and Scooter India
 

Next in the list of top two-wheeler manufacturers is Honda Motorcycle and Scooter India, with a market share of 19% in 2021. Founded in 1999, Honda Motorcycle and Scooter India is a household name in the Indian two-wheeler segment. Despite being one of the youngest two-wheeler manufacturers in the country, the company has always been a prime choice for consumers looking to buy high-quality two-wheelers. With over 48 million customers, Honda Motorcycle and Scooter India have earned second place in the list of top two-wheeler manufacturers in India. Activa, the new age Scooter, is the best-selling two-wheeler in its segment and is widely popular amongst all age groups. With a diverse portfolio of products going up to 1800cc, a two-wheeler from Hero Motorcycle and Scooter is a good choice.

3. TVS Motor Company
 

Whether it is mopeds, commuter bikes, scooters, or luxurious racing bikes, TVS has something for everyone. Being the third-largest two-wheeler manufacturer in India, TVS enjoys a market share of 14% in the Indian two-wheeler market. The company also has an exclusive line for three-wheelers and electric two-wheelers. TVS Motor has a strong presence globally, including geographies like Latin and Central America, the Middle East, South Africa, South-East Asia, and more. TVS Motors is also the second-largest exporter of two-wheelers in India. On average, the company confirms a sale of over 3 million units and has an annual manufacturing capacity of 4.95 million. With innovation at its helm, all two-wheelers from TVS deliver the utmost customer satisfaction by giving you a two-wheeler you need at the price you desire.

4. Bajaj Auto
 

With a market share of 11% in 2021, Bajaj Auto is the fourth largest two-wheeler manufacturer in India. The company is known for its affordable and high-performing two-wheelers, including a range of bikes, scooters, and auto rickshaws. Pulsar, a bike from Bajaj Auto, revolutionized the Indian two-wheeler segment. Apart from a range of commuter, affordable two-wheelers, Bajaj Auto manufacturers high-end sporting bikes like the Duke range of KTM and exports them globally. You can consider buying a two-wheeler from Bajaj Auto if you want exclusively designed, economical, yet the best-performing two-wheelers. 

5. Royal Enfield
 

Even though Royal Enfield holds only a 3-4% share in the Indian two-wheeler segment, the brand is a classic name in this segment and is the fifth largest two-wheeler manufacturer in India. ‘Bullet’ by Royal Enfield has been a dream bike for all generations in India. Considered as a luxury two-wheeler manufacturer, bikes from Royal Enfield are not just used for commuting purposes but also serve as a status symbol. Currently, the company offers six bike models, most of which are ideal for off-roading and intense riding experience. If you want an iconic bike that looks super stylish and also serves its purpose, consider investing in a Royal Enfield offering.

Buying a two-wheeler is a critical decision, one that you should make after careful consideration. Once you make your decision, you can take a two-wheeler loan from IDFC FIRST Bank to finance your purchase. IDFC FIRST Bank two-wheeler loans are available online with minimal documentation, economical interest rates, and easy repayment terms. With IDFC, you pay zero processing fees and can get an instant loan to buy the two-wheeler of your dreams.

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