Mopeds
The major players in the moped segment are
1. Bajaj Auto Ltd (BAL)
2. Majestic Auto
3. TVS Suzuki Ltd (TSL)
4. Kinetic Engineering Ltd (KEL)
TVS leads the segment with a market share of 52.6% and a dominant position in south India. The market share of individual players in the segment is as given in the chart below.
Market Share in the Mopeds Segment
Company FY2000 FY99 FY98
Bajaj Auto 9.4% 7.0% 7.9%
Escorts Yamaha Negligible 1.5% 1.9%
Kinetic Engineering 22.4% 23.8% 23.7%
Majestic Auto 15.5% 18.7% 21.4%
TVS Suzuki 52.6% 49.0% 45.1%
Source: SIAM
Exports in the Two Wheeler Industry
The exports of two-wheelers from India are insignificant in comparison to domestic sales. The exports started looking up in FY94 and FY95 when they registered a growth of above 50% to reach a figure of 0.116mn vehicles. In FY96, the exports remained stagnant but continued its upward journey at a growth of 9.43% to reach 0.125mn vehicles in FY97.
In FY98, the exports remained stagnant due to slump in Asian demand. The sluggish trend continued during FY99 and FY2000. Shares of both scooters and mopeds in the export market fell while that of motorcycles remained stagnant. The major portion of exports is contributed by motorcycles, which form about 42.4% of total two-wheeler exports. The composition of exports by different sectors is as given in the table below.
The major players in the moped segment are
1. Bajaj Auto Ltd (BAL)
2. Majestic Auto
3. TVS Suzuki Ltd (TSL)
4. Kinetic Engineering Ltd (KEL)
TVS leads the segment with a market share of 52.6% and a dominant position in south India. The market share of individual players in the segment is as given in the chart below.
Market Share in the Mopeds Segment
Company FY2000 FY99 FY98
Bajaj Auto 9.4% 7.0% 7.9%
Escorts Yamaha Negligible 1.5% 1.9%
Kinetic Engineering 22.4% 23.8% 23.7%
Majestic Auto 15.5% 18.7% 21.4%
TVS Suzuki 52.6% 49.0% 45.1%
Source: SIAM
Exports in the Two Wheeler Industry
The exports of two-wheelers from India are insignificant in comparison to domestic sales. The exports started looking up in FY94 and FY95 when they registered a growth of above 50% to reach a figure of 0.116mn vehicles. In FY96, the exports remained stagnant but continued its upward journey at a growth of 9.43% to reach 0.125mn vehicles in FY97.
In FY98, the exports remained stagnant due to slump in Asian demand. The sluggish trend continued during FY99 and FY2000. Shares of both scooters and mopeds in the export market fell while that of motorcycles remained stagnant. The major portion of exports is contributed by motorcycles, which form about 42.4% of total two-wheeler exports. The composition of exports by different sectors is as given in the table below.