10 Best Bike Companies in India | Best Bike Brands in 2023

Biking is an extremely popular activity in India, with many people using bikes as their primary means of transportation. There are a wide variety of bike companies operating in India, catering to all different types of cyclists.

The best bike companies in India offer a wide range of products, from entry-level bikes to high-end racing bikes. They also provide a variety of services, such as bike repairs and maintenance, to help riders keep their bikes in top condition.

Some of the most popular bike companies in India include Hero Cycles, Bajaj, TVS, and Royal Enfield. These companies offer a wide variety of bikes that are suitable for all kinds of riders. They also have a strong presence in the country, with many dealerships and service centers spread across India.

Now, let’s see what the stats say about Bike Brands in India.

India is the largest two-wheeler manufacturer in the world. According to Markline, India has roughly 19 crores of two-wheelers and 80% of total Automotive Production in India is of two-wheelers.

Indian use to buy bikes for broadly 2-reasons that are:

1. It is cost-effective as fuel prices are increasing day by day.
2. Traffic on Indian roads is at its peak, so 2-wheelers save time.

This post will go through some of the best bike companies in India that are ruling the Indian market.

Top Bike Companies in India

There are many bike companies in India. Some of them are Indian, others are foreign companies. Although they have established motorcycle manufacturing plants in India to produce bikes in India.

I have listed the top bike brands in India.

1. Hero Moto Corp Limited

The Hero company was a cycle manufacturing company. Even a successful cycle manufacturer in the 90s. Brijmohan Lall Munjal was the man who founded Hero Cycles Ltd. company in 1956.

Hero Cycles Ltd was recognized by the Guinness Book of World Records as the world’s largest manufacturer for manufacturing a record number of cycles.

After dominating the Cycle market in India, they started manufacturing motorcycles. In the year 1984, Hero partnered with Honda a Japanese Motor company, and they form a new company called Hero Honda. Both the companies (Hero and Honda) had a 26% stake in the company.

The Hero Honda company became a tremendous success. For Indians, it is Hero Honda, not Motorcycle, especially in rural areas. The Hero Honda CD100 was the first motorcycle that was introduced by Hero Honda Motors Limited.

But in 2010 the company terminated the joint venture, Hero Honda. After that Hero formed a new company called Hero MotoCorp Limited on 29 July 2011.

Now Hero Moto Corp is the largest motorcycle manufacturer in India. Although Hero is known for affordable motorcycles. But it has motorcycles available in various ranges. Hero Splendor is the best-selling bike in India.

• Market Share – 37.04%
• Market Capitalization – $7.76 Billion

2. Honda Motorcycle and Scooter India

Founded in 1999, Honda Motorcycle and Scooter India, Private Limited (HMSI) is a subsidiary of Honda Motor Company which was founded by a dropout Soichiro Honda.

Initially, the company was known as the Honda Technical Research Institute. In 1949 Soichiro Honda changed its name to Honda Motor Co. Ltd. The Honda D-Type is the first motorcycle of Honda Motors. This is the first motorcycle of the Dream series as well.

In the year 1984 Honda tied up with Hero and started Hero Honda moMotorn India. As said, it became successful in 2010 and now Honda sells bikes under Honda Motorcycle and Scooter India Private Limited (HMSI) company.

Honda has some best-selling bikes in India like CB Shine SP, CB1000R, CBR650F, CBR1000RR, CBR 250R, etc.

Apart from motorcycles, Honda is also well known for car and aircraft manufacturing.

• Market Share – 25.58%
• Market capitalization – $45.66 Billion

3. Bajaj Auto

Jamnalal Bajaj founded the company Bajaj Auto Limited is founded in 1945. The Indian multinational companies manufacture motorcycles, scooters, and auto rickshaws.

In the initial stage, the company didn’t manufacture itself. The company imports two & three wheelers vehicles and sold them in India.

In 1950 the company started manufacturing vehicles in India. At the same time, they obtained a license from Piggago to manufacture Vespa.

After that, they launched motorcycles in 1986. Some of the most successful bikes are CT 100 Platina, Discover, Pulsar, Avenger, and Dominar. The company has plants in Akurdi, Chakan, Waluj, and Pantnagar.

Even Bajaj manufacturer of a premium bike brand in India i.e. KTM.

• Market Share – 11.97%
• Market Capitalization – US$13.6 Billion

4. Royal Enfield

Royal Enfield is an Indian multinational motorcycle manufacturing brand based in Chennai. The company was started in England as Enfield Cycle Company of England, later they started Enfield in India.

In 1901, Enfield Cycle Company of England introduced the first Royal Enfield motorcycle. The company also produced and designed the Royal Enfield Bullet, the longest-lived motorcycle design in history.

In the year 1994, Royal Enfield was merged with Eicher Motors Limited. Now, Royal Enfield is a subsidiary of Eicher Motors Limited, which is one of the top automotive companies in India.

The company has 850 dealers in India, and it exports to 60+ countries like the USA, UK, and some European countries.

Some of the top Royal Enfield bikes are Royal Enfield Continental GT 650, Royal Enfield Interceptor 650, Royal Enfield Classic 350, Royal Enfield Himalayan, Royal Enfield Bullet 350, and Royal Enfield Meteor 350.

• Market Share – (Royal Enfield) – 3.79%
• Market Capitalization – ($8.16 Billion)

5. Suzuki Motorcycle India

Founded in 2006, Suzuki Motorcycle India Private Limited is an Indian subsidiary of Suzuki Motor Company. The Japanese company manufactures automobiles, motorcycles, all-terrain vehicles (ATVs), outboard marine engines, and wheelchairs. Suzuki was founded by Michio Suzuki, a Japanese entrepreneur.

Suzuki Motorcycle is its 3rd venture in India of Suzuki. The company has a plant in Hyderabad with a capacity of 5,40,000 units.

Suzuki has bikes in different categories: motorcycles, scooters, and sportbikes. Some of the popular Suzuki bikes are:

• Suzuki Hayabusa, Suzuki Gixxer
• Suzuki Gixxer SF
• Suzuki Access 125
• Suzuki Burgman Street
• Suzuki Intruder
• Suzuki Gixxer SF 250
• Suzuki GSX S1000
• Suzuki GSX S750,
• Suzuki V-Strom 650XT
• Suzuki RM Z250
• Suzuki Gixxer 250

• Market Share – 3.45%
• Market Capitalization – $16.12 Billion

6. Yamaha Motor Company

Yamaha is one of the most popular bike brands in India. Yamaha Motor Co., the Japanese company was established by Genichi Kawakami in 1955. Initially, the Yamaha company started as a musical instrument manufacturer. Torakusu Yamaha was the founder of this company and Genichi Kawakami was the president.

After World War 2 they started manufacturing motorcycles. The first bike was a YA-1, a 125cc motorcycle. The bike was a super success. Because of its success, they formed Yamaha Motor Co Ltd.

Now the company manufactures motorcycles, scooters, motorized bicycles, boats, sailboats, utility boats, fishing boats, outboard motors, electrical generators, recreational off-road vehicles, golf carts, and multi-purpose engines and water pumps.

Yamaha state sits journey in the year 1985. Yamaha Motor India Pvt. Ltd. (YMIPL) is a 100% subsidiary of Yamaha Motor Company.

Here are some of the top of Yamaha’s top-selling bikes in India.

• YMIPL Yamaha FZS 25
• Yamaha YZF R15 V3
• Yamaha FZ-S Fi
• Yamaha MT 15
• Yamaha FZ-FI

Yamaha is the world’s 2nd largest selling motorcycle brand.

• Market Share – 3.47%
• Market Capitalization – $6.65 Billion

7. TVS Motors

TVS is an Indian motorcycle manufacturing company. TVS Motors is a subsidiary of TVS Group.

India’s first two-seater moped TVS 50 was manufactured by TVS in the year 1980. In 1987, TVS tied up with Suzuki Ltd., a Japanese motor company, and formed TVS-Suzuki.

TVS – Suzuki introduces some bikes like Suzuki Samurai, Suzuki Shogun, and Suzuki Shaolin. After that, they ended their partnership. In 2001 TVS formed a company and named it TVS Motor.

Now TVS Motor Company is the third-largest two-wheeler company in India. Not only this, TVS Motor is the 2nd largest exporter in India.

The company sells 3 million units per year and has 44 million users in India. Apart from 2 wheelers, TVS also manufactures three-wheeler vehicles.

TVS Motors’ most-selling bikes are TVS Sport, TVS Radeon, TVS Apache RR 310, TVS Apache RTR 200, and TVS Apache RTR 160.

• Market Share – 14.31%
• Market Capitalization – $3.43 Billion

8. KTM

KTM is an Austrian company that manufactures bicycles, motorcycles, and sports cars. It introduced its first bike in 1951, the bike was R100. Then In 1957, KTM built its first sports motorcycle, the Trophy 125cc

The company is owned by Pierer Mobility AG (51.75%) & Indian manufacturer Bajaj Auto International Holdings BV (48%).

KTM bikes are known as off-road motorcycles. Many people don’t know but the KTM premium bikes are manufactured by Bajaj in India.

Some of KTM’s top-selling bikes are KTM 125 Duke, RC 125, 250 Duke, and KTM RC 200, KTM 200 Duke.

9. Piaggio

Piaggio & C. SpA is an Italian motor vehicle manufacturer. The company manufactures under seven brands: Piaggio, Vespa, Aprilia, Gilera, Derbi, Moto Guzzi, and Scarabeo. Vespa was a popular vehicle.

An Italian entrepreneur named Rinaldo Piaggio founded the company Piaggio in 1884. The company started manufacturing locomotives and railway carriages.

The first Vespa prototype was manufactured in 1946. And the new Vespa was launched in 1996.

In 2004 Piaggio acquired the Aprilia and Moto Guzzi brands and entered the motorcycle business. The first three-wheeled scooter Piaggio MP3 was launched in 2006.

• Market Share – 0.37%
• Market Cap – $966.497M

10. Kawasaki India

India Kawasaki Motors Private Limited is a motorcycle retailer. The company is a subsidiary of Kawasaki Heavy Industries Motorcycle & Engine, Japan Ltd. It is a division of Kawasaki Heavy Industries that manufactures motorcycles, ATVs, utility vehicles, and jet ski personal watercraft.

The main parent company is a giant company called Kawasaki Heavy Industries Ltd. which was founded by Shōzō Kawasaki. The company manufactures motorcycles, engines, aerospace, helicopters, defense equipment, rolling stock, ships, industrial robots, gas turbines, pumps, & boilers.

India Kawasaki Motors Private Limited doesn’t manufacture motorcycles in India. It imports motorcycles from Japan and sells them in India.

Kawasaki’s top bikes are Kawasaki KLX 110, Kawasaki Ninja 300, Kawasaki Vulcan S, Kawasaki Versys 650, Kawasaki Z900RS, Kawasaki Ninja H2, Kawasaki, Kawasaki Ninja ZX 10R, Kawasaki Ninja 1000.

• Market Share – 0.01%
• Market Capitalization – $339.961 Billion

Final Thoughts on Bike Brands in India

Choosing a good bike can be hard for some people. Before choosing we should know some details about the company. Now you know some details about two-wheeler companies in India.

These are some top bike companies in India. I hope this post will help you. I have shared details about bike brands in India that are bestselling.