The two-wheeler industry in India

 The Indian two-wheeler market has matured significantly in the last
two decades, causing

stiff competition amongst the players in this market. This article
quickly scans the Indian

automobile industry from independence to the present.

The two-wheeler industry in India has grown rapidly in the country
since the announcement of

the process of liberalization in 1991 by the then finance minister Dr.
Manmohan Singh, now

Prime Minister of India.

Previously, there were only a handful of two-wheeler models available
in the country.

Currently, India is the second largest producer of two-wheelers in the
world. It stands next

only to China and Japan in terms of the number of two-wheelers
produced and the sales of

two-wheelers respectively. In the year 2005-2006, the annual
production of two-wheelers in

India stood at around 7600801 units.

The trend of owning two-wheelers is due to a variety of facts peculiar
to India. One of the

chief factors is poor public transport in many parts of India.
Additionally, two-wheelers

offer a great deal of convenience and mobility for the Indian family.

Bajaj auto began trading in imported Vespa Scooters in 1948. Meanwhile
Automobile Products

of India (API) commenced production of scooters in the country in the
early 50’s. Until

1958, API and Enfield were the only producers of two-wheelers in
India. However, Bajaj

signed a technical collaboration in 1960 with Piaggio of Italy to
produce Bajaj Scooters.

This deal expired in 1971.

For more information on Bikes and two wheeler industry please visit :

http://www.infibeam.com/Bikes/