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Market share: How two-wheeler makers finished FY21

The domestic two-wheeler market went down by 13 percent to 15.11 million in FY21. Check out which manufacturer improved its market share based on the numbers shared by SIAM.

April 19, 2021 / 01:24 PM IST
Hero MotoCorp, the country’s largest two-wheeler manufacturer, grabbed market share from its rivals last year. The maker of Splendor bike closed with a share of 37.03 percent as against 35.77 percent clocked in FY20. (Image: Hero MotoCorp)
Hero MotoCorp, the country’s largest two-wheeler manufacturer, grabbed market share from its rivals in 2020. The maker of Splendor bike closed with a share of 37.03 percent as against 35.77 percent clocked in FY20. (Image: Hero MotoCorp)
Japanese giant Honda Motorcycle and Scooter India closed FY21 after a loss in market. The second largest two-wheeler manufacturer clocked 25.58 percent market share as compared to 27.02 percent scored in FY20. (Image: Honda)
Japanese giant Honda Motorcycle and Scooter India closed FY21 after a loss in market. The second largest two-wheeler manufacturer clocked 25.58 percent market share as compared to 27.02 percent scored in FY20. (Image: Honda)
TVS Motor Company, the third largest seller of two-wheelers in India, closed FY21 with a share of 14.31 percent, an improvement over FY20 when the maker of Apache bikes closed the year at 13.84 percent. (Image: TVS Motor Company)
TVS Motor Company, the third largest seller of two-wheelers in India, closed FY21 with a share of 14.31 percent, an improvement over FY20 when the maker of Apache bikes closed the year at 13.84 percent. (Image: TVS Motor Company)
Bajaj Auto, the fourth largest two-wheeler seller in India, closed FY21 with a market share of 11.96 percent which was nearly unchanged compared to 11.93 percent clocked in FY20. (Image: Bajaj Auto)
Bajaj Auto, the fourth largest two-wheeler seller in India, closed FY21 with a market share of 11.96 percent which was nearly unchanged compared to 11.93 percent clocked in FY20. (Image: Bajaj Auto)
Royal Enfield, the maker of leisure and adventure bikes, improved its rank, finishing fifth in FY21 with a share of 3.79 percent as against 3.77 percent clocked in FY20. (Image: Royal Enfield)
Royal Enfield, the maker of leisure and adventure bikes, improved its rank, finishing fifth in FY21 with a share of 3.79 percent as against 3.77 percent clocked in FY20. (Image: Royal Enfield)
Yamaha, the maker of FZ range of bikes, closed FY21 with a share of 3.46 percent, a slight improvement over FY20 when the Japanese maker closed with a share of 3.32 percent (Image: Yamaha)
Yamaha, the maker of FZ range of bikes, closed FY21 with a share of 3.46 percent, a slight improvement over FY20 when the Japanese maker closed with a share of 3.32 percent (Image: Yamaha)
Suzuki Motorcycle India, saw slippage in rank during FY21. From fifth position the Japanese giant slipped to the seventh spot in FY20. Its market share at the close of FY21 stood at 3.44 percent as against 3.93 percent clocked in FY20 (Image: Suzuki)
Suzuki Motorcycle India, saw slippage in rank during FY21. From fifth position the Japanese giant slipped to the seventh spot in FY20. Its market share at the close of FY21 stood at 3.44 percent as against 3.93 percent clocked in FY20 (Image: Suzuki)
Piaggio, with its range of Vespa and Aprilia two-wheelers, closed FY21 with share of 0.37 percent as against 0.35 percent clocked in FY20. Its position in the ranking remained unchanged (Image: Piaggio)
Piaggio, with its range of Vespa and Aprilia two-wheelers, closed FY21 with share of 0.37 percent as against 0.35 percent clocked in FY20. Its position in the ranking remained unchanged (Image: Piaggio)
Harley-Davidson, the maker of cruiser bikes, was hit badly due to the lockdown and the decision of the company to withdraw from India. The US-based two-wheeler maker’s market share was zero percent in FY21 as against 0.01 percent clocked in FY20. (Image: Harley-Davidson)
Harley-Davidson, the maker of cruiser bikes, was hit badly due to the lockdown and the decision of the company to withdraw from India. The US-based two-wheeler maker’s market share was zero percent in FY21 as against 0.01 percent clocked in FY20. (Image: Harley-Davidson)
Kawasaki, the Japanese premium bike maker was hit badly by the lockdown of last year. The maker of Ninja bikes closed FY21 with a share of zero percent as compared to 0.01 percent clocked in FY20. (Image: Kawasaki)
Kawasaki, the Japanese premium bike maker was hit badly by the lockdown of last year. The maker of Ninja bikes closed FY21 with a share of zero percent as compared to 0.01 percent clocked in FY20. (Image: Kawasaki)
Swaraj Baggonkar
first published: Apr 19, 2021 01:24 pm

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