Indian two-wheeler manufacturers soon to reach foreign markets

With the official dissolvement of ever famous two wheeler manufacturer, Hero Honda, the Indian two wheeler manufacturers are now free to spread their market overseas. The Indian companies are looking forward to Nigeria which is known to be the largest two wheeler market of Africa. The companies definitely are expected to experience strong competition from the already established brands of the country. The two wheeler market of Nigeria is said to be dominated by the Chinese two wheeler manufacturer that sells around 30,000 motor bikes per month. The top bikes makers in export market are Bajaj, TVS, Honda and Suzuki.

Bajaj, the renowned two wheeler maker of India is burgeoning well in foreign markets with an accountable sale of around 21,000 units. The company entered foreign markets some six years back and is giving good competition to some of the established Chinese brands. Bajaj, the company in order to increase its sales all the more is developing a new motorcycle with high technology and low price of $600 only. But as the other companies from India are also looking forward to these markets, the sales of Bajaj and other Chinese companies are sure to get affected.

The Hero group of India after getting separated from the Japanese Honda group is now planning to initialise its exports to countries like Latin America and Asia. As per company's research, it is known that the markets of South Asia, Latin America, West Asia, Africa and South East Asia acquire huge potential. The company does not want to disclose any information regarding its future exports but it is soon expected to enter these high potential market with its most qualitative and efficient models.