Top 10 Two-Wheeler Manufacturing Companies in India

onNovember 16, 2022

Two-wheeler vehicles are one of the most comfortable ways of transportation. Both adults and youngsters can use them. Apart from that, it has other advantages too, like you don’t have to worry about parking. They are inexpensive and quite helpful in busy traffic areas. It even requires less petrol compared to a four-wheeler. So, owning a two-wheeler has a lot of advantages.

India has a lot of automobile Companies that manufacture two-wheelers like scooters and motorcycles. 

The article discusses the top 10 two-wheeler manufacturing Companies in India. So, keep reading this article to know some of India’s reputed two-wheeler companies.

What Are the Top 10 Two-Wheeler Companies in India?

We have listed the best top 10 two-wheeler Companies in India. Let’s look at them below.

#1. Bajaj Auto

Bajaj Auto is one of India’s best bike manufacturing companies, with headquarters in Pune, Maharashtra. It manufactures both two-wheelers and three-wheelers. The two vehicles include scooters and motorcycles, whereas three-wheeler includes auto rickshaws. Bajaj Auto has plants in Chakan, Patnagar and Wuluj.

The Company’s CEO is Rajiv Bajaj. He completed his Master’s in Mechanical Engineering and joined this Company. Rajiv Bajaj first worked in various departments like Sales, Engineering, and manufacturing, and later in 2005, he became CEO of the Company. The net worth of the Company is $13.6 billion.

The history of Bajaj Auto dates back to 1945. Jamnalal Bajaj founded this Company in the 1940s. The name at that time was M/S Bachraj Trading Corporation Private Limited. Additionally, it imported two and three-wheelers in the 1940s and sold them in India. 

However, in 1959 it got the license to manufacture two and three-wheelers in India. It also got a license from Piaggio(a Motor vehicle manufacturing Company in Italy)for manufacturing Vespa scooter brands in India. It partnered with Kawasaki and launched Kawasaki Bajaj KB -100 and Kawasaki Bajaj KB -125 in the market.

It launched numerous motorcycles in the market like Bajaj Stride, Bajaj Classic, Bajaj Sunny, Kawasaki Bajaj Boer, Bajaj Saffire, Kawasaki Bajaj 4S Champion, Bajaj Crystal DTS I, and many others. It inaugurated the Pantnagar plant in 2007, and fortunately, it manufactured 27,500 vehicles in 12 months.

In 2013 this reputed Company introduced the eDuke 390 CC, which had awarded the design.

It introduced some new motorcycles in 2015, like Avenger Street 150, Avenger Street 220, and Avenger Cruise 220.

Some of the bikes listed above are discontinued now from the market, while some are still in the market. The Company is now focussing on electric bikes. Its target is also to increase the number of vehicles produced in a plant annually.

Company name Bajaj Auto
CEORajiv Bajaj
Discontinued vehiclesBajaj XCD, Bajaj Kawasaki Wind 125, Bajaj Avenger, Bajaj Eliminator 175
Continued vehiclesAvenger Cruise 220, Pulsar N 250, Pulsar F 250, CT 100, CT-110
Annual Revenue316.52 Billion INR
Websitewww.bajajauto.com

#2. Royal Enfield

Royal Enfield is the next best Indian motorcycle company in India, whose headquarters is in Chennai. It also has a manufacturing plant in Chennai, India. The famous motorcycles of this Company include Royal Enfield Thunderbird, Meteor 350, Classic 500, and various others. It also manufactures touring bikes like Royal Enfield Himalayan, which youngsters quite like. It is an adventurous bike and is quite famous in India.

The CEO of the Company is B. Govindarajan. He had worked in Eicher Motors (Parent Company of Royal Enfield) for almost 23 years. He joined Royal Enfield Company in 2011 as senior vice president, and later, in 2013, he became Chief Executive Officer of Royal Enfield Company.

The history of the Royal Enfield Company dates back to 1901. The first Royal Enfield Motorcycle was built by Enfield Cycle Company of Redditch, England, in 1901which is primarily responsible for making Royal Enfield motorcycles in India. However, in 1949, Royal Enfield came to India.

The Indian Government was in search of motorcycles that the army could use for patrolling the border, and finally, Royal Enfield was chosen for this job in 1952. In 1954 Indian Government ordered 800 Royal Enfield bikes of 350 CC model. It made it a possibility to open a manufacturing plant in Chennai, India. It partnered with Eicher motors in 1990 and collaborated with it in 1994.

Royal Enfield Company faced various difficulties in the 1990s, and the conditions were so severe that it even stopped producing motorcycles in the Jaipur factory in 2002. However, later everything was settled, and a new factory in Oragadam, Tamilnadu, opened because of the high demand for Royal Enfield motorcycles.

The Oragadam plant of this Company has the capacity to produce 600,000 vehicles in 12 months. Thus, its other Plant, Tiruvottiyur, did not remain a primary manufacturing plant and started making fewer vehicles in a year.

Today Royal Enfield Company sells motorcycles in above 50 countries over the World. It has even crossed Harley Davidson in global sales in the year 2015.

Company Royal Enfield
CEO B. Govindarajan
Discontinued vehicles Royal Enfield Classic 500, Royal Enfield ullet 500, Royal Enfield Thunderbird 500
Existing VehiclesRoyal Enfield Meteor, Royal Enfield Classic 350
Revenue $1.1 billion
Website www.royalenfield.com

#3. TVS Motors

TVS Motors is the next bike Company in India which has headquarters in Chennai, India. It manufactures both two-wheelers and three-wheelers and export to more than 60 countries Worldwide. The two-wheelers include both mopeds and racing motorcycles. It produces 4 million two-wheelers and 120000 three-wheelers in one year and has manufacturing plants in Hosur, Mysore, and Nalagarh.

T.V Sundaram Iyengar established this Company. He provided bus service in Delhi and formed Sundaram Lyengar Sons and Sons Limited. Later, he expired, and his sons took care of the Company.

However, in 1962, Sundaram Clayton was formed after collaborating with Clayton Dewandre Holdings (UK). The Collaboration enabled the Company to manufacture numerous automotive parts in India for almost ten years.

They started setting up a manufacturing plant in 1978 at Hosur in Tamilnadu. Finally, in 1980 they launched their first moped in India, i.e., TVs 50. 

In 1982 the Company joined hands with Suzuki Motor Corporation, for which they started manufacturing motorcycles in 1984. All the vehicles launched then had the Suzuki brand so they could be sold better in the market. The products then were Suzuki Samurai, Suzuki Supra, and various others. Both the Companies, i.e., Suzuki Motor Corporation and Sundaram Clayton Limited, shared a partnership for almost 19 years, ending in 2001. It had a significant impact on the automobile market in India.

After the Collaboration ended, Sundaram Clayton Limited’s name was changed to TVS Motors. The vehicles launched by TVS Motors became famous and popular in the Indian Market.

TVS motors are the first Indian Company to launch ABS in motorcycles, i.e., in the Apache RTR series. The Company got the Design Excellence award in 2004 for Scotty PEP.

Name of Company TVS Motors
CEOK.N Radhakrishnan
Discontinued VehiclesTVS Samurai, TVS Centar, TVS Victor, TVS Phoenix
Existing Vehicles TVS Scooty, TVS Jupiter, TVS RR 310, TVS Raider125, TVS Ronin 225, TVS Star City Plus, Apache RTR Series
Annual Revenue$3.1 billion
Websitewww.tvsmotor.com

#4. Hero Moto Corp Limited

Hero Moto Corp Limited is one of the top two-wheelers manufacturers in India and has headquarters in New Delhi.

The Hero group partnered with Honda Motors(Japan) and formed Hero Honda Motors in 1984. The Company launched motorcycles in India, which were quite famous because of their lower price and fuel economy.

It launched the first motorcycle, i.e., the CD 100, in 1985, and in 1987 it produced 100,000 CD-100 units in India. Hero Honda Company was the first Company to introduce four-stroke engines in bikes. Hero Honda CD 100 had a four-stroke engine with 97 CC engine displacement. The top of that bike was 87 Km/hr, and it could generate 7.5hp peak power at 8000 rpm.

In 1989 the Company introduced another great motorcycle, i.e. Hero Honda Sleek, which was simple and elegant. It had 97.22 CC engine displacement, and it was capable of generating a peak power of 7Hp.

The Company produced numerous motorcycles in the 1990s in the Indian market. In 1991 it introduced another motorcycle called CD 100 SS in the market. Later it launched the famous Hero Honda Splendor in 1994, and in that year, 1,000,000 Hero Honda splendor were produced by the Company.

In 1997 Hero street was launched, and in the same year, it started another manufacturing plant in Gurgaon.

In 1999 it launched Hero Honda CBZ, which made its entry into many Indian homes.

2001 was a remarkable year for this Company.t produced two iconic motorcycles this year, i.e., Hero Honda Passion and Hero Honda Joy. Hero Honda’s passion was costly, and Hero Honda Joy was available at affordable rates in India.

It introduced Hero Honda Karizma in 2003, which had to speed of 130 Km/hr. Hero Honda CBZ’s name was changed to CBZ star in the same year.

The year 2005 was again a remarkable year of the Company. It produced four iconic motorcycles Glamor, CD Deluxe, Super Splendor, and the all-new Achiever. In 2007 it launched Splendor NXG in the market.

The Company celebrated its Silver Jubilee in 2009 and launched a new motorcycle Karizma ZMR in the market.

Unfortunately, in 2010, the board of directors of both the Company, i.e., Hero and Honda Motors, decided to break the partnership. The reason for breaking the partnership was to prohibit exporting vehicles to countries like Nepal and Bangladesh.

Hero Moto Corp was formed in 2011. The Company got a new identity in 2011. Now it had no restriction on selling motorcycles to any country in the World. Hero Moto Corp launched Hero I Smart, with i3S technology and a top speed of 110 Km/litre top speed. Later it launched Hero Glamour which had electronic fuel injection.

Hero Moto Corp has five manufacturing plants in India. They are Dharuhera(Haryana), Gurgaon(Haryana), Neemrana(Rajasthan), Chittoor(Andhra Pradesh, and Halol(Gujurat). The Company produces nearly 9,500 bikes in one day.

Name Of Company Hero Moto Corp
CEOPawan Munjal
Discontinued Vehicles Hero Xtreme, Hero Hunk, Hero Ignitor, Hero Passion Pro TR
Existing VehiclesHero Moto Corp Xtreme 200 S, Hero MotoCorp Splendor iSmart 110, Hero Moto Corp HF Deluxe i3S, Hero Moto CorpX Pulse 200
 Revenue $3.9 billion 
Website www.heromotocorp.com

#5. KTM India

KTM is a European bike brand that has headquarters in Austria. It is well known for manufacturing off-road bikes. It sold 203,423 motorcycles in 2016, which made a record at that time.

The Bajaj Auto Company bought 14.5 percent stakes in KTM power sports AG KTM in 2007, and by 2013, it owned 47.97 percent shares of this brand. Now Bajaj auto Company is manufacturing KTM bikes in India at its Chakan Manufacturing plant and exporting to many countries Worldwide. The KTM Duke series has stolen the hearts of many Indian off-riders.

The first KTM bike in India was the KTM 200 Duke has a four-stroke engine with an engine displacement of 199.5 CC. It produces a maximum power of 25.83 PS and a torque of 19.5 Nm. You will find double disc brakes and tubeless tires in this bike. The seat of the KTM Duke 200 is 810 mm and weighs 132 Kg. 

This bike is Rs 1.92 lakhs and is manufactured in Bajaj Auto Chakan Plant. The height of this bike is large, which can be problematic for short-height riders.

There are also other bikes KTM in India. They are KTM 125 Duke, KTM 250 Duke, KTM RC 390, KTM 390 Adventure and various others.

If we talk about the 2023 KTM RC 390, then it will cost Rs 3.16 lakhs. It has a 373 CC engine with a maximum power of 43.5 PS and torque of 37 Nm. This bike will find double disc brakes, tubeless tires, and dual-channel ABS.

Name Of CompanyKTM
CEO of CompanyPawaan Tandon
Discontinued vehiclesKTM RC 390
Existing bikesDuke 200, Duke 390, RC 390, RC 200
Websitewww.indiaktm.com

#6. Yamaha Motor India Private Limited

Yamaha Motor Company is a Japanese manufacturer of bikes and scooters. It was founded in 1955. The Company started first manufacturing musical instruments and later shifted to manufacturing bikes in 1955. The Company’s first bike was the YA-1 which had an air-cooled two-stroke engine with a displacement of 125CC engine.

The Company, the partnership with the Escorts group and entered India in 1985 in 2001. Yamaha Motors India Private Limited became a 100 percent subsidiary of Yamaha Motor Company, Japan.

Currency Yamaha Motor India Private Limited has three manufacturing facilities. They are in Faridabad(Haryana), Kanchipuram(Tamilnadu), and Surajpur(Uttarpradesh).

One of the most popular bikes in the Indian market is Yamaha MT 15 version 2. If you wish to purchase Yamaha MT 15 Version 2, it will cost you Rs 1.64 lakhs to Rs 1.65 lakhs. It has a 155 CC engine, producing a power of 18.4 PS and a torque of 14.1 Nm. The bike has double disc brakes, tubeless tires, and single-channel ABS, and you will find two variants of this bike on the market.

Another popular bike is Yamaha FZS-FI V3. The price of this bike is Rs 1.21 o Rs 1.24 lakhs in India. The bike has a 149 CC engine, which generates 12.4 PS maximum power and torque of 13.3 Nm. You will find double disc brakes, tubeless tires, single-channel ABS, 13-liter fuel capacity, blue tooth connectivity, LED headlights and tail lights, a single seat, and ground clearance of 165mm.

Some of the upcoming bikes of this Company are Yamaha MT 09 and Yamaha WR 155R.

Name of CompanyYamaha Motors India Private Limited
CEOYoshihiro Hidaka
Discontinued vehiclesYamaha Saluto RX, Yamaha SZ-RR Ver 2.0, Yamaha FZ 25, Yamaha Fazer 25, Yamaha R3
Existing vehiclesYamaha MT 15 version2, Yamaha R-15 S, Yamaha FZ-X, Yamaha FZ S 25, Yamaha FZS-FI V3
Revenue
Website www.yamaha-motor-India.com

#7. Mahindra Two-Wheelers Limited

Mahindra two wheelers Limited is a part of Mahindra & Mahindra Limited.

The Company manufactures scooters and motorcycles from its Pitampur plant in Indore, Madhya Pradesh.

Mahindra Two wheelers Limited has a research and design engineering facility in Chinchwad, Pune. The Company has invested a minimum of Rs100 crore in making the R&D department functional.

It was founded in 2008 and has headquarters in Pune. Anand Mahindra is the present Chairman and Managing Director of the Company.

One of the famous bikes of Mahindra two-wheelers Limited is Mahindra Mojo 300 BS6. The price of this bike varies between Rs1.99 lakhs to Rs 2.11 lakhs, and you will find four variants of Mahindra Mojo 300 BS6 in the market. There are even four colour options while purchasing this bike.

The engine is 294.72 CC, producing a maximum power of 25.72 PS at 7300 rpm and torque of 25.96 Nm at 6000 rpm. This bike will find dual disc brakes, dual channel ABS, LED tail light, and dual disc brakes. The ground clearance of Mahindra Mojo 300 is 165mm.

Name of the Company Mahindra Two Wheelers Limited
CEOAnand Mahindra
Discontinued vehiclesMahindra Pantero, Mahindra Centuro, Mahindra Mojo, Mahindra Mojo XT, Mahindra Stallio
Existing VehiclesMahindra Mojo 300 BSVI
Revenue
Websitewww.mahindratwowheelers.com

#8. Suzuki Motorcycle India Limited

Suzuki Motorcycle India Limited is a 100 percent subsidiary of Suzuki Motor Corporation, Japan. The Company has its manufacturing plant in Gurgaon, Haryana.

There was a joint venture between Suzuki Motor Corporation and TVS Motors in 1982, and they started producing two-wheelers in India. But in 2001, their partnership ended, and Suzuki Motor corporation re-entered India in 2006 under the name Suzuki Motorcycle India Limited.

Suzuki Gixxer SF is one of the most popular bikes of this Company. The price of this bike is Rs1.37lakhs, and it has a four-stroke air-cooled engine with 155 CC displacement. It produces a maximum power of 13.6 PS at 8000 rpm and torque of 13.8Nm at 6000 rpm. You will find double disc brakes, single-channel ABS, a 5-speed gearbox, and a 12-liter fuel capacity. The ground clearance is 165mm.

Name of Company Suzuki Motorcycle India Limited
CEOSatoshi Uchida
Discontinued vehiclesSuzuki Fiero, Suzuki GS 150 R, Suzukislings hot, Suzuki Hayate, Suzuki Inazuma 250
Existing vehiclesGixxer 250, Gixxer 150, Gixxer SF 250,
Revenue
Websitewww.suzukimotorcycle.co.in

#9. Honda Motorcycle & Scooter Private Limited

Honda Motorcycle & Scooter India Private Limited is a complete subsidiary of Honda Motor Company Limited, Japan. The Company started its manufacturing plant in Manesar, Haryana, in 2001, and it provides customers with high-quality bikes and services, becoming the largest two-wheeler Company in India.

Honda Motorcycle & Scooter India Limited started its journeys with Activa in 2001; Activa is a favorite of both youngsters and senior adults.

In 2011 it inaugurated its second plant in Tapukara, Rajasthan. The plant produces 1.2 million vehicles annually.

The Company opened its third plant in Nrasapura, Karnataka, in 2013. The plant produces 1.8 million vehicles annually.

It opened its fourth manufacturing facility in Vithalpur (Gujurat) in 2015-2016. It has a production capacity of 6.4 million units annually.

Honda is currency-producing scooters of 110 -125CC, commuter motorcycles of 110 -180 CC, and premium motorcycles of above 250 CC.

The most popular bike of the Honda Company is Honda Shine and Honda SP 125. The most expensive bike of the Honda Company is Honda Gold Wing. The price of this car is Rs39.20 lakhs.

The most affordable bike of the Honda Company is Honda CD 110 Dream, whose cost is Rs70,847.

Name of Company Honda motorcycle & Scooter Private Limited
CEOAtsushi Ogata
Discontinued vehiclesHonda Unicorn Dazzler, Honda Stunner, Honda Twister
Existing models Honda Shine, Honda SP 125, Honda Dio, Honda Unicorn
Revenue
Websitewww.honda2wheelersindia.com

#10. India Kawasaki Motors Private Limited

India Kawasaki motors private limited is a 100 percent subsidiary of Kawasaki Motors Limited, Japan. The journey Kawasaki started in 2010 in India. It launched Ninja 650 and Ninja 250 at the beginning, which were quite famous in the Indian market.

Kawasaki had agreed with Bajaj Auto in 1984 and has cooperated in expanding the vehicles in India. Unfortunately, in 2016 Indian Kawasaki motors broke its partnership with Bajaj Auto and started selling vehicles under its network.

It has established its new plant in Chakan, Pune. The first bike which was assembled in its new plant was Ninja 1000.

Numerous bikes have already been assembled in its Chakan plants, like Ninja 300, Ninja 650, Ninja 400, and many more.

Name of CompanyIndian Kawasaki Motors Private Limited
CEONauki Matsumoto
Discontinued vehiclesKawasaki Ninja 250 R, Kawasaki Z 800, Kawasaki Boxer, Kawasaki Caliber, Kawasaki Aspire
Existing vehiclesNinja H2, Ninja H2, Ninja 650, Ninja 1000, Ninja 300
Revenue
websitewww.kawasaki-india.com

Conclusion

We have listed above some of the best two-wheeler companies in India. You can buy bikes from any of the above-reputed companies and enjoy your riding.

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