Top 7 India Two Wheeler Companies

The India two-wheeler market size reached 24.9 Million Units in 2024. As per the analysis by IMARC Group, the market is expected to reach 92.0 Million units by 2033, exhibiting a growth rate (CAGR) of 15.64% during 2025-2033. The leading companies in the India two wheeler market are focusing on improving their products to expand their product portfolio and improve the existing sales. They are introducing electric and hybrid two wheelers that can provide better fuel economy and reduced emissions. Key players are also integrating connected technologies, such as a global positioning system (GPS), Bluetooth, and Wi-Fi connectivity in two wheelers, which makes them more intelligent and interactive. Moreover, leading players are incorporating advanced safety features, including anti-lock braking systems (ABS), traction control systems, and airbags in two wheeler vehicles to reduce the risk of accidents and improve rider safety. These safety features help prevent the wheels from locking during hard braking, enable riders to maintain control, and reduce the chances of a skid or fall.

Major companies are expanding their product portfolio with fuel-efficient motorcycles and affordable scooters designed for mass appeal. Premium segments are being targeted with technology-driven models that emphasize safety, comfort, and connectivity. Strong distribution networks and rural market penetration remain priorities, supported by localized production to reduce costs. These company also invests in electric two-wheelers to align with government policies and consumer interest in green mobility. Aggressive marketing, financing options, and after-sales service enhancements further help sustain competitiveness in this highly price-sensitive market.

Learn about opportunities, challenges, and trends in the India two wheeler market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the India Two Wheelers Industry:

The India two wheelers market has several major players including Bajaj Auto Limited, Hero MotoCorp Ltd, Honda Motorcycle and Scooter India Pvt. Ltd., India YAMAHA Motor Pvt. Ltd, Royal Enfield, Suzuki Motorcycle India, and TVS Motor Company. More information about these companies has been provided below.

1. Bajaj Auto Limited

Bajaj Auto Limited is a leading automobile manufacturer with a worldwide presence in over 70 countries. The company is known for its wide range of two-wheelers, including motorcycles, scooters, and three-wheelers, which are famous for their trustworthiness, fuel efficiency, and affordability. It is also committed to sustainability with a focus on minimizing its carbon footprint and promoting clean energy. It has a strong research and development team that has been responsible for developing many successful models of two-wheelers. It has also been in the lead of introducing new concepts, such as the quadricycle, a small four-wheeled vehicle that is more stable than a three-wheeler but more fuel-efficient than a car. It has set up various vocational training centers, providing training to underprivileged youth in areas such as automobile mechanics and electrical repairs.

2. Hero MotoCorp Ltd.

Hero MotoCorp Ltd. is known for its wide range of two-wheelers, including motorcycles, scooters, and electric vehicles. It is committed to providing its customers with affordable, reliable, and fuel-efficient vehicles that cater to their different needs. It has a robust focus on research and development (R&D) and has set up state-of-the-art facilities to develop new products and technologies. It has also diversified into other business segments, such as finance, insurance, and hospitality. The company has set up several green initiatives, such as rainwater harvesting and solar power plants, at its manufacturing plants. It has also been actively involved in promoting renewable energy and has installed solar-powered streetlights in different parts of India.

3. Honda Motorcycle and Scooter India Pvt. Ltd.

Honda Motorcycle & Scooter India Pvt. Ltd. has an extensive network of dealerships and service centers across the country. It is known for its wide range of motorcycles and scooters, which are popular for their advanced technology, fuel efficiency, and stylish designs. It has taken steps to minimize its carbon emissions, with a focus on energy efficiency, waste reduction, and renewable energy. The company is known for its advanced technology and innovation, which is reflected in its product offerings. It has been expanding its footprint in the Indian market with a network of over 6,000 authorized dealerships across the country. It has been promoting road safety awareness and has been conducting various programs to educate people on safe driving practices.

4. India YAMAHA Motor Pvt. Ltd

India YAMAHA Motor Pvt. Ltd brings its global reputation for performance and design into India, with a portfolio that spans sporty motorcycles and stylish scooters. It focuses on younger customers and enthusiasts who value advanced features, attractive styling, and smooth ride quality. Over the years, Yamaha has developed a strong manufacturing base in India while also using the country as an export hub. The company emphasizes safety and innovation in engine design, often introducing technologies from its international range to local models. With its strong brand appeal, Yamaha caters to both everyday commuters seeking reliability and aspirational buyers looking for performance motorcycles.

5. Royal Enfield

Royal Enfield is one of the oldest motorcycle brands still in production, blending heritage with modern engineering. Its motorcycles, such as the Bullet, Classic, and Himalayan, have created a cult following for their retro styling and distinctive ride. The brand focuses on mid-capacity motorcycles, carving a unique position between commuter bikes and high-end machines. With manufacturing rooted in India, it continues to expand its presence globally, building communities around leisure riding and touring. The company has also started working toward electric offerings, showing a commitment to future mobility. Royal Enfield primarily appeals to lifestyle buyers who view motorcycles as much about passion as transport.

6. Suzuki Motorcycle India

Suzuki’s Indian arm manufactures a range of scooters and motorcycles aimed at both daily commuters and premium riders. Its products are known for smooth engines, stylish designs, and dependable performance, balancing practicality with excitement. The company caters to urban youth through sporty motorcycles while maintaining a strong presence in the family scooter market. With advanced production facilities, Suzuki continues to grow its role in India’s two-wheeler space. The brand’s focus on quality and comfort ensures it appeals to customers seeking long-lasting value. Its expanding footprint highlights its commitment to India as a key market for both domestic demand and global exports.

7. TVS Motor Company

TVS Motor Company is known for its range of motorcycles, scooters, and three-wheelers that are popular for their fuel efficiency, performance, and affordability. It has a sturdy focus on research and development (R&D), with state-of-the-art R&D centers in India and overseas. It has a strong focus on sustainability and has undertaken several initiatives to minimize its environmental footprint. It has been successful in establishing a strong market presence in India and has a network of over 5,000 authorized dealerships across the country.
 

Get an inside look at the India two wheelers market with exclusive insights, including:

• CAGR projections during the 2025-2033 forecast period.
• In-depth information on the factors that will fuel the India two wheelers market growth in the next five years.
• Precise predictions regarding upcoming trends and potential changes in consumer behavior.
• Analysis of the India two wheelers industry's expansion at the regional and global level.
• A thorough review of the market's competitive landscape and detailed information on key players.
• Detailed explanations of the challenges that could impede the growth of the India two wheelers market.

About Author: