Home Top 10 Companies Top 8 Bike Companies in India 2021 | Best Brands

Top 8 Bike Companies in India 2021 | Best Brands


Here we can see the List of Top best bike Companies in India [ Indian Bike Company ] sorted out based on Turnover. Here are the Total volumes of bikes produced in India. The two-wheeler industry volumes for full-year were 21.17 million units.

List of Top Bike Manufacturing Companies Names in India | Indian Bike Company

So here is the List of Top Bike Companies Names in India which is listed based on Total Sales.

8. Piaggio India

One of the leading motor vehicle manufacturers in the world, Piaggio & C. SpA was found in 1884. Currently, Piaggio is the market leader in Europe and has since expanded its services to over 100+ countries with a proficient presence in the Asian markets.

Market share: Less Than 3 %

The vehicle range includes scooters, mopeds and motorcycles starting from 50 to 1,200cc under the Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi, and Scarabeo brands. The Company is the 8th largest Indian bike companies in India.

7. Suzuki Motorcycle India Private Limited

SUZUKI MOTORCYCLE INDIA PRIVATE LIMITED is a subsidiary of Suzuki Motor Corporation, Japan. The Company has installed a manufacturing plant in Gurgaon (Haryana) having an annual capacity of 7,50,000 Two Wheeler P.A. One of the best bike brands in India.

Market share: 3.2%

The total land area of the facility at Gurgaon is 37 acres out of which the present plant is constructed in an area of 10 acres of land. The remaining area is left for land development and future expansion. The company more than 3000 Employees in India. It is on the list of the best Indian bike company in the year 2020

6. India Yamaha Motors

Yamaha Motor made its initial foray into India in 1985 as a joint-venture. In August 2001, it became a 100% subsidiary of Yamaha Motor Co., Ltd, Japan (YMC). In 2008, Mitsui & Co. Ltd. entered into an agreement with YMC to become a joint-investor in India Yamaha Motor Private Limited (IYM). IYM is highly customer-driven and has a country-wide network of over 2,200 customer touch-points including 500 dealers.

Market Share: 3.8%

IYM’s manufacturing facilities comprise of 3 State-of-the-art Plants at Surajpur (Uttar Pradesh), Faridabad (Haryana) and Kanchipuram (Tamil Nadu). The infrastructure at these plants supports the production of two-wheelers and parts for the domestic as well as overseas markets.

5. Eicher Motors LtdRoyal Enfield

Incorporated in 1982, Eicher Motors Limited is the flagship company of the Eicher Group in India and a leading player in the Indian automobile industry. Royal Enfield has a market share of around 3.8%. It is the Royal bike brands in India.

  • Total Sales: Rs 9,416 Cr
  • Profit: 2,102 Cr
  • Market Cap:  60,674 Cr.
  • ROE: 27.63 %
  • Sales Growth (3Yrs): 16.64 %
  • Promoter holding: 49.31 %
  • Debt to equity: 0.03
  • Price to book value: 6.37

The oldest motorcycle brand in continuous production, Royal Enfield made its first motorcycle in 1901. A division of Eicher Motors Limited, Royal Enfield has created the mid-size motorcycle segment in India with its unique and distinctive modern classic motorcycles. It is fifth largest Indian Bike Company.

4. TVS Motor Company Ltd

TVS Motor Company is the third largest two-wheeler manufacturer in India, with revenue of 15129 Cr INR (2017-18). The company has an annual production capacity of 4 million 2 wheelers & 120,000 3 wheelers.

TVS Group spans across industries like Automobile, Aviation, Education, Electronics, Energy, Finance, Housing, Insurance, Investment, Logistics, Service and Textiles. It is the fourth largest Indian Bike Company based on the turnover.

  • Total Sales: Rs 20,056 Cr
  • Profit: 742 Cr
  • Market Cap:  21,907 Cr.
  • ROE: 24.13 %
  • Sales Growth (3Yrs): 21.01 %
  • Promoter holding: 57.40 %
  • Debt to equity: 2.32
  • Price to book value: 6.58

Has over 90 Companies under the umbrella. The company has four manufacturing plants, three located in India (Hosur in Tamil Nadu, Mysore in Karnataka and Nalagarh in Himachal Pradesh) and one in Indonesia at Karawang. More than 33.5 million customers have bought a TVS product to date. 

3. Honda Motorcycle and Scooter India Pvt. Ltd

Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI), a 100% subsidiary of Honda Motor Company Ltd., Japan, in 1999. Despite being one of the youngest players in the Indian two-wheeler market, Honda has become the largest two wheeler manufacturer as well as the second-largest two-wheeler company in India.

  • Revenue: Rs 26,728 crore
  • Market Share: 26.1%

Honda is also the fastest-growing company in the country today. With a host of facilities under its wings, the first factory of HMSI is spread over 52 acres including a covered area of about 100,000 sq. meters in Manesar, District Gurgaon, Haryana. Honda’s third plant at Narsapura Industrial Area near Bengaluru, Karnataka is equipped to manufacture 1.2 million units.

On February 17, 2016, Honda inaugurated the “World’s largest only scooter plant” at Vithalapur Gujarat with an annual capacity of 1.2 million units. The new plant will employ approximately 3000 people within the first 2 years of commercial production. It is the third-largest Indian Bike Company.

2. Bajaj Auto Ltd

Bajaj Auto is ranked as the world’s fourth largest three and two wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South, and Southeast Asia. Founded in 1926, Jamnalal Bajaj, the founder of the group. Bajaj Auto exports to 70+ countries and a significant share of revenues come from Exports.

  • Total Sales: Rs 30,293 Cr
  • Profit: 5,165 Cr
  • Market Cap:  92,706 Cr.
  • ROE: 21.31 %
  • Sales Growth (3Yrs): 10.25 %
  • Promoter holding: 53.52 %
  • Debt to equity: 0.00
  • Price to book value: 3.92

In 2007, Bajaj Auto acquired a 14% stake in KTM that has since grown to 48%. This partnership catalyzed Bajaj Auto’s endeavor to democratize motorcycle racing in India. It is in the List of Top Indian bike companies in India in the Year 2020.

Bajaj Auto today exclusively manufactures the Duke range of KTM bikes and exports them worldwide. In FY2018, KTM was the fastest-growing motorcycle brand in the country. It is the second-largest Indian Bike Company

1. Hero MotoCorp Ltd

The world’s largest two-wheeler manufacturer for 18 consecutive years. Hero MotoCorp is the dominant leader in the world’s largest two-wheeler market, India. At the same time, it has also rapidly expanded its global footprint to 37 countries across Asia, Africa, and South and Central America.

The company has seven globally-benchmarked manufacturing facilities, including five in India and one each in Colombia and Bangladesh, with a combined installed capacity of around nine million units of two-wheelers per annum. The Bike brands in India is one the best.

  • Total Sales: Rs 31,736 Cr
  • Profit: 3,678 Cr
  • Market Cap:  47,801 Cr.
  • ROE: 26.70 %
  • Sales Growth (3Yrs): 6.08 %
  • Promoter holding: 34.63 %
  • Debt to equity: 0.02
  • Price to book value: 3.30

In the domestic market, Hero MotoCorp maintained an overall market share of 36.0%, within which, in the motorcycle segment, the market share stood at an impressive 50.7%. It is the Largest Indian Bike Company.

Which is the No 1 bike company in India?

Hero Motocorp Limited is the No 1 Largest Bike company in India which has a turnover of Rs 31,736 Cr.



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