Honda Overtakes Bajaj to Rank No. 2 in India Two-Wheeler Market
This article is for subscribers only.
Honda Motor Co., the world’s biggest motorcycle maker, overtook Bajaj Auto Ltd. as India’s second biggest two-wheeler seller after rising demand for its scooters and motorbikes helped Honda outpace the industry.
Honda Motorcycle & Scooter India Pvt. sold 2.61 million units in the 12 months ended March 31, an increase of 31 percent from a year earlier, as the company added new models and dealerships. In contrast, Bajaj’s sales fell 4 percent to 2.46 million units in the same period, according to data from the Society of Indian Automobile Manufacturers.