Top 10 Bike Companies in India 2016

Posted in Top Brand Lists, Total Reads: 1240
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1.Hero Motocorp

Hero MotoCorp Limited is the World's single largest bike organization. The organization is occupied with the assembling of bikes cruisers and its parts.


Image:company website

The organization has three assembling offices to be specific Dharuhera, Gurgaon at Haryana and Haridwar at Uttarakhand & the organization is situated in New Delhi, India. The organization offers a scope of motorcycles beginning from CD Dawn, CD Deluxe, Splendor etc and goes ahead to give advertise smash hits like Glamor, Karizma and the Passion series.

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They have offerings changing crosswise over cubic centimeter limits like Glamor, Super Splendor and Glamor F1 in 125 cc, Achiever in 135 cc fragment, Hunk, CBZ X-treme, Karizma and the Karizma ZMR in the 150cc territory. It likewise offers a 100 cubic centimeter bike, Pleasure.

Hero MotoCorp Limited was formed in the year 1984 with the name Hero Honda Motors Ltd. The organization was built up as a joint venture organization between Honda Motor Company of Japan and Hero Group. In the year 1983, they consented to a joint coordinated effort arrangement and framed the organization. The joint endeavor between India's Hero Group and Honda Motor Company, Japan has not just made the world's single biggest bike organization additionally a standout amongst the best joint endeavors around the world. In the year 1985, the organization started their business generation at Dharuhera plant in Haryana and presented their first cruiser, CD 100 in the business sector.

The organization experienced major rebuilding amid the early periods post 2010 after a family assention when HIPL, BCIPL and Hero Cycles re-adjusted the shareholdings in the organization. Likewise, the Indian Promoter Group and the Honda Motor Co. Ltd. Japan entered offer exchange understanding after which the Joint Venture, which turned into the world's biggest bike producer, between the two promoters finished and Honda exchanged its whole shareholding of 26% in the Company to the Indian Promoter Group.

Number of Units sold: 64,21,913

  

Ranking Methodology

Step 1: Top 12 companies were shortlisted based on their Units sold in FY 2015-16.

Step 2: Ranks were establishment depending upon the maximum number of units sold as the only factor.