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Bike Companies In India

Want to know top bike company in india? Well you have landed on the right article 

The last two years have tested several companies and their abilities to stay afloat when the economy is shaky.

With the restrictions on travel, the vehicle industry was hard hit and had to incur high losses. Despite the unfavourable conditions,

Some bike companies have managed to overcome these challenges and create a place for themselves in the Indian market. These bike companies are:

In this guide, we ranked and reviewed the 10+ best bike company in india along with our top 3 choices, so that you can pick the best one for you.

Recommended

Hero MotoCorp

Overall Rating: 4/5

Formerly known as Hero Honda, this company is one of the leading manufacturers of automobiles in India and the world.

Honda Motorcycle and Scooter India

Overall Rating: 3/5

Honda Motorcycle and Scooter India is an Indian subsidiary of the Japanese motorcycle company, Honda Motor Company.

TVS Motor Company

Overall Rating: 5/5

TVS Motor Company is one of the leading two-wheeler manufacturers in India. It is a subsidiary of TVS Group.

Top Bike Company In India (2022)

Want to jump straight to my top picks? My favorite indian top bike company is ActiveHero MotoCorp and Honda Motorcycle and Scooter India.

1. Hero MotoCorp

Formerly known as Hero Honda, this company is one of the leading manufacturers of automobiles in India and the world.

History: In 1984, the company was formed as a joint venture between two companies – Indian Hero Cycles and the Japanese Honda company.

After decades of business, the two partners decided to split and in 2010, Hero MotoCorp was formed.

Top-selling bikes

  1. Xtreme 160R – A starting price of Rs. 1,11,997
  2. Xpulse 200 4V - A starting price of Rs. 1,30,000
  3. Pleasure+ XTEC - A starting price of Rs. 66,420
  4. Maestro Edge 110 - A starting price of Rs. 65,800

Rating of the company:

  1. Affordability – 3.9
  2. Fuel Mileage – 4.0
  3. Safety – 3.9
  4. Performance – 3.8

Features

  • Founder: Brijmohan Lall Munjal 
  • Turnover for 2021 – Rs. 29802.38 crores 
  • Market share of Hero MotoCorp is around 34.50 % in the two-wheeler industry
  • Profit for 2021 – Rs. 2473.02 crores

2. Honda Motorcycle and Scooter India

Honda Motorcycle and Scooter India is an Indian subsidiary of the Japanese motorcycle company, Honda Motor Company.

The parent company is the leading motorcycle manufacturer in the world and it provides technological prowess to the Indian company.

History: It was founded in 1999 after the success of the previous three ventures by the company in India. 

Top-selling bikes:

  1. Honda Activa 6G – A starting price of Rs, 71,432
  2. Honda SP 125 – A starting price of Rs. 81,407
  3. Honda Dio – A starting price of Rs. 66,862

Rating of the company:

  1. Affordability – 3.9
  2. Fuel Mileage – 4.0
  3. Safety – 4.2
  4. Performance – 4.1

Features

  • Founder: The original Japanese company was founded by Soichiro Honda and Takeo Fujisawa
  • Turnover for 2021 – over Rs. 500 crore
  • Market share of Honda Motorcycle and Scooter India is 24.80 % in the two-wheeler industry
  • Profit for 2020 – Rs. 152 crore

3. TVS Motor Company

TVS Motor Company is one of the leading two-wheeler manufacturers in India. It is a subsidiary of TVS Group.

History: In 1911, T. V. Sundaram Iyengar founded the first bus service in Madurai and eventually went on to create the TVS Group.

TVS Group has multiple subsidiaries, of which TVS Motor Company is one.

Top-selling bikes:

  1. TVS Jupiter – A starting price of Rs. 68,571
  2. TVS Jupiter 125 – A starting price of Rs. 78,175
  3. TVS Apache RTR 160 – Rs. 1,13,000

Rating of the company:

  1. Affordability – 4.1
  2. Fuel Mileage – 4.0
  3. Safety – 3.8
  4. Performance – 4.2

Features

  • Founder: T. V. Sundaram Iyengar
  • Turnover for 2021 – Rs. 19,468 crores
  • Market share of TVS Motor Company is 15.15 % in the two-wheeler industry
  • Profit – Rs. 615 crores

4. Bajaj Auto

Bajaj Auto is a multinational company operating from India. It deals with the production of bikes, scooters and rickshaws.

Bajaj Auto Limited is a flagship company of the Bajaj Group. 

History: Bajaj Group was founded in 1926. Its subsidiary, Bajaj Auto was founded in 1945 and is still operational today. 

Top-selling bikes:

  1. Bajaj Pulsar NS200 – A starting price of Rs. 1,38,000
  2. Bajaj Pulsar 150 – A starting price of Rs. 1,02,000
  3. Bajaj Pulsar 125 Neon – A starting price of Rs. 81,389

Rating of the company:

  1. Affordability – 3.9
  2. Fuel Mileage – 3.8
  3. Safety – 4.0
  4. Performance – 4.0

Features

  • Founder: Jamnalal Bajaj
  • Turnover for 2020 – Rs. 29,919 crores
  • Market share of Bajaj Auto is 12.50 % in the two-wheeler industry
  • Profit for 2020 – Rs. 5,100 crores

5. India Yamaha Motor Private Limited

India Yamaha Motor Private Limited is directly under Yamaha Motor Company which operates in Japan.

This Indian subsidiary handles the company operations in the sub-continent. 

History: Yamaha Motor ventured into the Indian market with India Yamaha Motor back in 1985. It started as a joint venture which changed over time. 

Top-selling bikes:

  1. Yamaha MT-15 – A starting price of Rs. 1,45,000
  2. Yamaha FZ S V3.0 FI – A starting price of Rs. 1,16,000
  3. Yamaha R15 V3.0 – A starting price of Rs. 1,58,000

Rating of the company:

  1. Affordability – 4.5
  2. Fuel Mileage – 4.4
  3. Safety – 4.7
  4. Performance – 4.8

Features

  • Founder: Yamaha Motor Company was founded by Genichi Kawakami
  • Turnover for 2020 – over Rs. 500 crores
  • Market share of India Yamaha Motor Private Limited is 3.28 % in the two-wheeler industry
  • Profit – not available 

6. Royal Enfield (India)

The company produces high-quality motorbikes that are produced under the brand name Royal Enfield.

The parent company of Royal Enfield (India) is. Eicher Motors Limited.

History: The original Royal Enfield was produced by a British company, The Enfield Cycle Company.

It was licensed by Indian Madras Motors and is now a subsidiary of Eicher Motors Limited. 

Top-selling bikes:

  1. Royal Enfield Continental GT 650 – A starting price of Rs. 3,02,000
  2. Royal Enfield Interceptor 650 – A starting price of Rs. 2,00,000
  3. Royal Enfield Meteor 350 – A starting price of Rs. 2,01,000

Rating of the company:

  1. Affordability – 4.2
  2. Fuel Mileage – 4.1
  3. Safety – 4.0
  4. Performance – 4.1

Features

  • Founder: Madras Motors was founded by K.R. Sundaram Iyer
  • Turnover for 2021 – Rs. 10,298 crores
  • Market share of Royal Enfield (India) is 3.49 % in the two-wheeler industry
  • Profit for 2021 – Rs. 1,677 crores

7. Suzuki Motorcycle India Pvt Ltd

Suzuki Motorcycle India Private Limited is an independent division of the Japanese company, Suzuki Motor. 

History: After ending the collaboration with TVS Motor Company, Suzuki Motor Corporation re-entered the Indian market as Suzuki Motorcycle India Private Limited in 2006.

Top-selling bikes:

1. Suzuki New Access 125 – A starting price of Rs. 72,600

2. Suzuki Gixxer SF – A starting price of Rs. 1,29,000
3. Suzuki V-Strom SX 250 – A starting price of Rs. 2,12,000

Rating of the company:

1. Affordability – 3.9
2. Fuel Mileage – 3.8
3. Safety – 4.0
4. Performance – 4.2

Features

  • Founder: Suzuki Motor Corporation was founded by Michio Suzuki
  • Turnover for 2020 – over Rs. 500 crores
  • Market share of Suzuki Motorcycle India Private Limited is 3.71 % in the two-wheeler industry
  • Profit – not available

8. Piaggio Vehicles Pvt Ltd

The company produces a range of vehicles under different brand names. Vespa is the branch of Piaggio that produces scooters which are available in India.

Top-selling bikes:

  1. Piaggio Vespa – A starting price of Rs. 91,492
  2. Piaggio Vespa 150 – A starting price of Rs. 1,23,000

Rating of the company

  1. Affordability – 3.8
  2. Fuel Mileage – 3.9
  3. Safety – 4.0
  4. Performance – 4.0 

Features

  • Founder: Rinaldo Piaggio
  • Turnover for 2021 – Rs. 13,860 crores
  • Market share of Piaggio Vehicles Private Limited is 0.29 % in the two-wheeler industry
  • Profit for 2021 – Rs. 499 crores

9. Mahindra Two-Wheelers Limited

Mahindra Two Wheelers Limited is a division of Mahindra & Mahindra that is dedicated to the manufacturing of two-wheelers.

History: The parent company was established in 1945 as Mahindra & Muhammad and later it was renamed.

Top-selling bikes:

  1. Mahindra Gusto VX – A starting price of Rs. 47,000
  2. Mahindra Centuro – A starting price of Rs. 43,250

Rating of the company:

  1. Affordability – 4.3
  2. Fuel Mileage – 4.1
  3. Safety – 4.2
  4. Performance – 4.4

Features

  • Founder: J. C. Mahindra, K.C. Mahindra and M. G. Muhammad
  • Turnover for 2020 – Rs. 46,262 crores
  • Mahindra & Mahindra has the highest market share in West Bengal at 51.7 %
  • Profit for 2020 – Rs. 268 crores

10. UM Lohia Two-wheelers Private Limited

UM Lohia Two-wheelers Private Limited is the joint venture between UM Motorcycles and a local company, Lohia Auto

History:
American company, UM Motorcycles have started this company as a joint venture with Lohia Auto to produce two-wheelers in India.

Top-selling bikes:

  1. UM Renegade Commando Limited– A starting price of Rs. 1,20,000
  2. UM Renegade Commando STD – A starting price of Rs. 1,59,000

Rating of the company:

  1. Affordability – 3.9
  2. Fuel Mileage – 4.1
  3. Safety – 4.1
  4. Performance – 4.2

Features

  • Founder: Narain K. Lohia (Lohia Auto)
  • Turnover for 2016 – Around Rs. 100 crore
  • Due to internal conflicts, the market share of the company is very low
  • Profit – not available

Conclusion

If you were looking for a new bike, then you now know which company to go for. People across the country have bought and loved the products of these companies.

This includes both bikes and scooters. Their positive reviews are proof of the quality of the vehicles. 


I hope you liked our article on top bike company in india, if you have any comments or suggestions do share them in the comments below.

frequently asked question

Q1. How many bike companies are there in India?

There are around 10 major two-wheeler producing companies in India. Bajaj, Hero, Honda, TVS, Royal Enfield, Yamaha and Suzuki are some of them. The Indian market is dominated by them.

 

Q2. Which is the best bike brand in India?


The top bike brand depends on the sales and customer reviews of that particular year. Currently, Hero MotoCorp is leading the two-wheeler industry with a high sales count and excellent customer satisfaction.

 

Q3. Which is the Indian bike company?


With globalization, the number of foreign companies has significantly increased but Indian companies are still leading in performance in the bike industry. 

Companies like Hero MotoCorp, Bajaj and TVS Motors are the most prominent Indian bike companies.


Here are my best picks:

Also Read: Check out my reviews of the best image editing software, the top choices for video editing software, and my full guide to start a blog for beginners.

ishant

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About the Author

Currently working as an Editor in Chief with Ankuraggarwal.in, he is managing all the ins and outs of the content management process and editorial operations. Having an experience of 8 years in the publishing/ e-solution industry, he manages a small freelancing team of fellow editors and has worked with several domains including academics, healthcare, lifestyle and technical writings. He is a stickler for accuracy and loves to read noir-fiction and binge-watch anthologies.

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