Bikes made in India are making a splash abroad, these Make in India products are attracting a lot of people

Last month, there was an increase in the sales of vehicles in the two-wheeler segment. During this period, growth was seen in the sales of vehicles of major companies in India. These bikes made in India are very popular among the people in the domestic market. Along with this, people are also liking them a lot in the foreign market. Last month, the demand for bikes made in India has increased in foreign markets. Due to which the export of two-wheelers from the country to foreign markets has increased. India is known as a major manufacturing hub for many two-wheeler manufacturers. According to the data, Indian bike manufacturing company Bajaj Auto is very much liked by foreigners. Let us know about the top 5 bikes exported the most to foreign markets during June 2024.

Suzuki

Suzuki is at number five in the list of most two-wheelers exported to foreign markets. During June 2024, Suzuki exported 17,201 bikes, while the company had sent 17,678 bikes in the same month last year. Suzuki’s exports registered a growth of 2.6 percent on an annual basis. At the same time, Suzuki’s domestic scooter sales saw a growth of 16.6 percent on an annual basis, while the sales of its bikes declined.

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YAMAHA

Yamaha is at the fourth position in this list. In June 2024, Yamaha exported 21,604 two-wheelers to foreign markets. Whereas in June 2023 this figure was 12,818 units. The company’s exports have increased by 68.5 percent on an annual basis. Yamaha’s two-wheeler sales in the domestic market saw a slight decline, while its scooter sales in the country saw a 13 percent increase in June 2024 as compared to June 2023.

Honda

Honda comes at number three, which exported 36,202 units in June 2024. Honda had exported 21,337 units in June 2023. Honda’s exports increased by 69.6 percent year-on-year. Honda scooter sales in the domestic market saw a 90 percent year-on-year increase, while sales of its bikes in India registered a growth of 33 percent in June 2024.

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TVS

The second most shipped two-wheelers to foreign markets are from TVS. The company has once again occupied this position.In June 2024, the company exported 66,434 two-wheelers. Whereas in June 2023 this figure was 68,568 units. Its exports have declined by 3 percent on an annual basis. Talking about the domestic market, last month there was an increase in TVS bike and scooter sales.

Bajaj Auto

Bajaj Auto is again on top in the two-wheeler export list. Indian bike manufacturing company Bajaj Auto is being liked a lot all over the world. In such a situation, it is believed that Make in India products are attracting people all over the world.The company shipped 1,26,439 two-wheelers to overseas markets during June 2024.In the same month last year, Bajaj had exported 1,27,357 vehicles.Bajaj’s two-wheeler exports saw a marginal decline last month on an annual basis.Bajaj’s bikes saw a slight increase in sales in the domestic market. Meanwhile, the company launched the country’s and the world’s first CNG bike. In such a situation, its market share is expected to increase.