Top Two Wheeler Stocks in India? Best Stocks to Buy

India is among the few nations in the world where every second person has got a two wheeler, while the two wheeler industry grew by almost 13% and that figure has been on the rise ever since, bike owners have also understood the importance of purchasing a suitable two wheeler insurance policy for their vehicles, here in India two wheelers primarily includes motorcycles, mopeds, scooters and electric two wheelers, and some of the key factors driving the rising demand of two wheelers in India include its ease of cutting through congested roads, lower carbon emissions, higher fuel efficiency, and providing an economical way of transportation in comparison to three or four wheeled vehicles, and furthermore rising urbanization, improving road infrastructure, and increasing number of women consumers are also increasing the demand of two wheelers in India, while the market however faces some challenges as well, which includes increasing work from home practice, which does not require people to daily commute towards work that may negatively impact demand over the next few years, also increasing petrol prices in the country may also act as a speed breaker for market growth, particularly, in the entry level price sensitive category.

Top Two-Wheeler Stocks in India

  • Bajaj Auto Ltd

It is an Indian manufacturer of motorcycles, and three and four-wheeler vehicles, they are engaged in the business of development, manufacturing, and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers, and parts, the company’s business segments include Automotive, Investments and Others, the motorcycles include Boxer, CT, Platina, Discover, Pulsar, Avenger, KTM, Dominar, Husqvarna, and Chetak, it’s commercial vehicles include Passenger Carriers, Good Carriers, and Quadricycle, and it’s Three-Wheelers include RE, Maxima C, and Maxima Z, the Company has a worldwide reach around the world, the Company’s plants include Waluj plant, Chakan plant, and Pantnagar plant, while the company has three overseas subsidiaries: PT Bajaj Auto Indonesia, Bajaj Auto International Holdings BV, Netherlands and Bajaj Auto (Thailand) Ltd., Thailand, and the company sells its products in India as well as in various other global markets.

  • TVS Motor Company Ltd

It is engaged in the manufacturing of motorcycles, scooters, mopeds, three-wheelers, parts, and accessories. While the company’s motorcycle portfolio includes Apache Series RTR, Apache RR 310, Apache RTR 165RP, TVS Raider, TVS Radeon, TVS Star City + and TVS Sport, while its scooters include TVS Jupiter 125, TVS Jupiter Classic, TVS Jupiter ZX, TVS Jupiter ZX Disc, TVS NTORQ 125, TVS Zest 110 and TVS Scooty Pep+, while its mopeds include TVS XL 100 Win Edition, TVS XL 100 Comfort, TVS XL 100 Heavy Duty, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Comfort, TVS XL 100 Heavy Duty, TVS XL 100 Comfort i TVS Augmented Reality Interactive Vehicle Experience (ARIVE) is a mobile application which enables customers to be able to view the TVS Apache series motorcycles and offers detailed information about the machine with the options of booking a test ride and being able to place an order.

  • Eicher Motors Ltd

It is an India-based automobile company, and it is engaged in the manufacturing of motorcycles and commercial vehicles, while it’s motorcycle business has been led by the brand Royal Enfield, which is a motorcycle brand, and its commercial vehicle business has been led by VE Commercial Vehicles, it also has a joint venture with AB Volvo, VE Commercial Vehicles Limited (VECV), which has a great portfolio which includes a range of Eicher branded trucks and buses, VE Powertrain, Eicher’s components, and engineering design services businesses, this firm also handles the sales and distribution business of Volvo Trucks as well as aftermarket support to Volvo Buses in India, and the Royal Enfield’s motorcycle products include Interceptor 650, Continental GT 650, Classic, Bullet, Thunderbird and Himalayan, it is also involved in apparels and motorcycle accessories which includes protective riding apparel, riding accessories, protective seats, bodywork, controls, wheels, luggage, and engine, it operates in India, and other countries worldwide.

  • Hero MotoCorp Ltd

It is engaged development, manufacturing, marketing, sale and distribution of two-wheelers and its parts and accessories, and its product category includes motorcycles, scooters, and parts, while its motorcycle products include XTREME 200S, XTREME 160R BS6, XPULSE 200T, XPULSE 200 4V, XPULSE 200 BS6, SUPER SPLENDOR BS6, SPLENDOR ISMART BS6, SPLENDOR+ BS6, PASSION PRO BS6, NEW SUPER SPLENDOR, GLAMOUR BS6, NEW GLAMOUR and GLAMOUR XTEC, and its scooter products include PLEASURE+ XTEC, NEW MAESTRO EDGE 125 BS6, NEW MAESTRO EDGE 110 and DESTINI 125 BS6, it also has a accessories branch which includes bungee nets, engine guards, fender, grip covers, helmets, knee pads, merchandise, rim tapes, seat covers, side grabs, step women, and tank pads, and it also provides HERO GENUINE 4T PLUS MOTORCYCLE ENGINE OIL and HERO GENUINE 4T PLUS SCOOTOER ENGINE OIL, to produce all these huge portfolio it has eight manufacturing facilities, including six in India (Dharuhera, Chittoor, Gurgaon, Haridwar, Neemrana, Gujarat) and internationally one each in Colombia and Bangladesh.

Conclusion

The requirement for vehicles in India is huge as the penetration has still been very low. It is a nation of 1.2 billion people and if you look at the two-wheeler sales here, it is almost two crores annually, which means that close to 2 percent of the Indian population is buying two-wheelers every year. If one assumes that the life of the vehicle ranges from three years to 10 years, the scope of growth in India is huge. The growth of the industry is linked to the overall growth of the economy, and the automobile industry in India is bound to grow. There is immense scope for many new ideas to come and help the industry to be able to grow from the level it has achieved today.

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