Explore the list of top bike brands in India as per the market share and sales figures of 2024. Check out the factors when comparing bike brands and financing options for two-wheelers.
The Indian motorcycle industry is rapidly evolving, with an increasing number of brands and bike models catering to diverse customer needs. From daily commuting to adventurous touring, two-wheeler companies in India offer convenience, style, and performance.
Innovations in design, advanced technology, and high-end manufacturing are enhancing modern-day two-wheelers. With more financing options, owning a two-wheeler has become convenient and affordable. Lenders now provide two-wheeler loans covering up to 100% of the bike’s value, with low interest rates and flexible repayment options.
Comparing top bike brands and selecting a suitable financing option allows you to make an informed decision while managing your budget.
Some of the leading bike manufacturers in India, ranked by performance, include Hero Motocorp, Honda Motorcycle and Scooter India, and Bajaj Auto. These brands have a significant presence in India and internationally, with their sales reaching millions.
It is the largest bike manufacturer in India since 2001. No other competitor challenges the position of Hero Motocorp. The brand has established its presence in countries such as Bangladesh, France, Germany, Austria, Japan, etc.
It has a wide range of products, including scooters, motorcycles, electric vehicles and sports bikes. This brand has achieved several sales milestones with its 7.5 million two-wheeler sales in FY 2017-18 and crossed 2 Million sales in export.
The popular models of this brand include:
Hero Splendor
Hero HF Deluxe
Hero Splendor 125
Hero Pleasure
Hero Passion Pro
After this brand went solo in 2010, it was established as the second-largest 2-wheeler company in India. As per the data of FY 2017-18, the sales recorded a mark of 5.8 Million, where 66% being the scooter range.
With Activa being one of the highest sold scooters in India, it is one of the largest brands exporting bikes from India in multiple markets globally.
Some of the most popular models of this brand are:
Honda Shine
Honda Unicorn
Honda Livo
Honda CBR
Honda SP 125
TVS, being the third-largest two-wheeler manufacturer in India, can manufacture 4 million motorcycles. TVS is India’s second largest two-wheeler exporter, having three manufacturing units in India and one in Indonesia. TVS's product range includes scooters, motorcycles, and mopeds.
TVS also has a customer base of 33 million satisfied two-wheeler owners. Some of the most popular motorcycles by this brand include:
TVS Sport
TVS Star City
TVS Apache
TVS Radeon
This is the world’s third-largest motorcycle manufacturer, operating in 70 countries across several continents. Since 2009, the brand has exclusively focused on motorcycles and, as the largest exporter, achieved sales of 1.4 million units in 2017-18.
Renowned for its quality, technology, customer satisfaction, innovation, and performance, Bajaj Auto has positioned India as the largest manufacturer and consumer of motorcycles globally. Some of the most popular options include:
Bajaj Pulsar NS 200
Bajaj Dominar 400
Bajaj Platina 110
Bajaj Pulsar N250
Bajaj Avenger Cruise 220
Yamaha entered the Indian market as a joint venture, which became India Yamaha in 2008. The brand currently holds a market share of 3.7%, expected to rise to 9% by 2025. It operates a widespread network of 500 dealers, 2300 employees, and 1200 customer touchpoints across the country.
Since 2015, Yamaha has invested approximately ₹1,600 Crores in manufacturing. Here are some of the most popular models of this brand:
Yamaha MT 15 V2
Yamaha R15S
Yamaha FZS-FI V3
Yamaha FZ 25
Yamaha R15 V4
Suzuki Motorcycle India Pvt. Ltd. is India’s leading bike company, a subsidiary of the Japanese firm Suzuki Motor Corporation. The company’s manufacturing unit, located in Gurgaon, spans 37 acres and houses approximately 7 Lakh motorcycles.
With a total market share of 3.2%, it employs 3,000 individuals and has a share capital of ₹18.5 Crores. Some of the best models include:
Suzuki Gixxer
Suzuki V-Storm SX
Suzuki Gixxer SF 250
Suzuki Katana
Suzuki Hayabusa
Initially recognised for its vintage models, this brand has expanded into the market with modern and advanced motorcycles. It is renowned for its high brand value, low maintenance costs, and affordable pricing. Among its various designs, the Bullet holds the record for the longest-lived motorcycle design.
With a total market share of 7.62%, the brand has surpassed 1.17 million in sales. Some of the best models of this brand are:
Hunter 350
Classic 350
Bullet 350
Meteor 350
Himalayan 411
KTM India is a prominent off-road motorcycle manufacturer globally. The brand entered the Indian two-wheeler market in 2012 when Bajaj Auto increased its stake in KTM from 14.5% to 47%. That same year, the brand introduced the KTM Duke 200 and began recording positive sales figures.
It is known for its sports bike range, offering stylish looks and seamless performance. This brand offers several top models, including:
KTM RC 200
KTM RC 390
KTM 125 Duke
KTM RC 125
KTM 390 Adventure
Jawa Motorcycles holds a significant place in India’s motorcycling history, having emerged in 1960 in Mysore. Through exports, the brand established its presence in over 61 countries. It also participated in motorsports, building its reputation by competing in events such as the National Motorcycle Rally Championships.
In 2016, Classic Legends Private Limited, a subsidiary of Mahindra & Mahindra, obtained the licence to relaunch Jawa. The brand made its comeback in 2018, capturing a market share of 1.27% and achieving sales exceeding 1 Lakh units. Here are some of the finest models from this brand:
Jawa 42 Bobber
Jawa 42
Jawa Perak
Jawa 350
Jawa 42 FJ
In 2014, Benelli entered India through a partnership with DSK Motowheels. The brand later re-entered the market in 2018 with a strategic move. Currently, Benelli offers a range of popular models and plans to add 20 new dealers each year to expand its presence.
With a market share of 0.63%, the brand aims to increase its market share in the 300-500 cc segment to 30%. Some of the standout models from this brand expected to launch in 2025 include:
Benelli 302R
Benelli TNT 300
Benelli 402 S
Benelli TNT 600
Benelli TNT600i
India is home to several leading bike manufacturers, with brands like Hero, Honda, Suzuki, Yamaha, and TVS standing out in the market. Here is a comprehensive list of top bike company names.
Rank |
Brand |
Market Share |
Exact Sales (in units) |
1 |
Hero Motocorp |
32.25% |
5,003,275 |
2 |
Honda Motorcycle and Scooter India |
26.58% |
4,101,012 |
3 |
Bajaj Auto |
15.74% |
2,419,818 |
4 |
TVS Motor Company |
13.56% |
2,082,834 |
5 |
Royal Enfield |
7.62% |
1,170,936 |
6 |
Suzuki Motorcycle India |
4.81% |
738,772 |
7 |
Yamaha Motor India |
3.85% |
590,300 |
8 |
KTM India |
1.92% |
294,804 |
9 |
Jawa Motorcycles |
1.27% |
196,000 |
10 |
Benelli India |
0.63% |
97,973 |
Total |
-- |
100% |
15,505,574 |
When selecting the best bikes and their origin brands, several factors need to be considered. Comparing bike brands requires evaluating performance, warranty offers, build quality, pricing, and more.
Evaluating the performance of bike brands involves examining ratings, reviews, product lifespan, mileage, and other key indicators. A detailed assessment ensures the selected bike meets long-term expectations.
A well-built two-wheeler incorporates robust components, high-quality materials, and durable manufacturing. The bike brand needs to ensure a smooth riding experience across various conditions, combining style with performance and comfort.
Analysing the warranty offers provided by different bike brands is essential. A comprehensive warranty reflects the manufacturer’s confidence in its product. It is important to review the terms carefully to understand the extent of coverage.
After-sales service plays a crucial role in ensuring long-term support. The availability of accessible service centres, responsive customer assistance, and post-sales warranty services reflects the brand’s reliability.
Pricing requires thorough consideration when comparing bike brands. Lower-cost options may lead to higher expenses in repairs and upgrades over time. Conversely, expensive brands do not always guarantee superior post-sales support. Price evaluation is necessary to balance initial costs and long-term value.
A bike brand’s reputation serves as an important indicator of its product quality and durability. Reviews, feedback, ratings, and word-of-mouth recommendations provide valuable insights into the brand’s standing and reliability.
Owning your dream bike from a popular brand is now more convenient and affordable. To purchase your bike, you can apply for a two-wheeler loan from a lender online with minimal documentation. You can choose a two-wheeler loan from Bajaj Markets and its partner lenders.
Below are the key details:
Partner |
Minimum Interest Rate |
Maximum Loan Tenure |
Maximum Loan Amount |
Bajaj Auto Credit Limited |
6.65% p.a. |
6 years |
Up to 98% of the bike's value |
L&T Finance |
6.99% p.a. |
4 years |
Up to 100% of the bike's value |
Muthoot Capital |
0.99% p.a. |
4 years |
₹3 Lakhs |
Disclaimer: The above-mentioned interest rates are subject to change as per changes in the lenders’ policies.
India's top bike brands offer affordable, stylish, high-quality, high-performance, and innovative products. Whether you are a daily commuter or an occasional rider, these brands cater to all riding preferences. Renowned names, such as Hero Motocorp, Honda, TVS, and Suzuki, provide excellent options across various budgets and performance requirements.
To purchase a bike from these reputable brands, you have financing options such as two-wheeler loans. Bajaj Markets offers loans at competitive interest rates, starting at 0.99% per annum, with flexible repayment tenures. You can finance up to 100% of the bike’s value with zero down payment required.
Hero Motocorp is one of the top bike brands in India. It has won millions of people’s trust and was established in 1984. Initially, it was in partnership with Hero Honda, later emerging as Hero solely.
Some latest technological advancements in Indian bikes are the anti-lock braking system (ABS), slipper clutch, ride-by-wire, traction or wheelie control, and airbags.
Yes. Indian bike companies focus on sustainability through the development and manufacturing of electric bikes and scooters. These models save fuel energy and improve combustion engines.
Yes. There are many bikes available from top two-wheeler companies in India. These include Honda Activa e, Bajaj Chetak, TVS iQube, Ather Rizta, Honda QC 1, and more.
As per the data, no new bike brands are expected to come in 2025. However, bike models from top brands, such as Yamaha, Honda, and Triumph, are expected to launch in the Indian market.
Some brands offering the best bike resale value include Royal Enfield, Bajaj, TVS, Honda, Hero, and Suzuki.
A top two-wheeler company in India producing the best bikes and scooters is considered to be Hero Motocorp. This is due to its extensive range of affordable bikes and scooters.
After-sales services are crucial when choosing a brand due to the trust and reliability factors. A good post-sales service helps build a loyal and lasting customer relationship. This helps the customers know they are dealing with a brand which cares about their needs and preferences.
When buying a bike, the brand matters as it determines the product’s reliability, durability, reputation, and resale value. Customers often buy bikes for the long-term as investments, and choosing a good brand ensures their satisfaction and worth.