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Top Two Wheeler Companies in India

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1. Hero MotoCorp 2. Honda Motorcycle and Scooter India 3. Bajaj Auto 4. India Yamaha Motor 5. TVS Motor Company

India is among the few nations on the planet where every second person has a two wheeler. The two wheeler industry grew by almost 13%, and that figure is on the rise ever since. Bike owners have also understood the importance of purchasing a suitable two wheeler insurance policy for their vehicles. Following is a list of the best performing two wheeler companies in the country:

Top Two Wheeler Companies In India
Top Two Wheeler Companies In India in 2019

Hero MotoCorp

Hero MotoCorp is the biggest manufacturer of two wheelers in the world given the number of units made per year. The company is also known for its innovative methods, especially after it made the headlines by manufacturing the planet’s most fuel efficient two wheeler – Splendor iSmart, which offers a mileage of about 102 kilometres per litre. The company commenced operations in 1984 as Hero Honda, but soon a merger between Hero Cycles of India and Honda Motors of Japan ensued, and following the split between both companies in 2010, Hero Cycles and Honda Motors turned into competitors. Some of the popular two wheelers manufactured by Hero MotoCorp include Splendor, Glamour, CBZ, Achiever, Karizma, Hunk, Passion and CB series two wheelers. The company is also famous for designing the Pleasure and Maestro scooters.

Honda Motorcycle and Scooter India

The first name that pops into every individual’s mind when considering the purchase of a two wheeler is Activa. Honda Motorcycle and Scooter India (HMSI) is India’s second biggest two wheeler manufacturer as it sells in excess of two lac units of the Activa alone every month. During the 1980s, Honda dominated the Indian two wheeler industry along with Kinetic Engineering Limited. Both companies partnered between 1984 and 1998 before Mahindra Motors’ acquisition of Kinetic. The Honda Active, which has been in production since 2000 in India, is the country’s best selling two wheeler. HMSI also partnered with Honda MotoCorp until 2010 after which it started to sell its own motorcycles such as Shine, Unicorn, CBR 150R and 250R, Dream Yuga, CB Trigger, etc. The Shine and Unicorn brands of the company are currently among the best-selling bikes in the country. Although the growth of the company’s sales is relatively slow, the company seems to be making healthy progress with each passing year.

Bajaj Auto

Bajaj is one of the few successful automobile companies in India that sells not only two wheelers, but also three and four wheelers. The company was established during the 1930s in Rajasthan, and has since grown into one of the biggest two wheeler manufacturers in India. Bajaj had a fairly successful stint between the 1960s and 1990s when majority of vehicles that rules the streets of India were manufactured by the company. Scooters such as Vespa 150, Priya and Bajaj Chetak were among the company’s best-selling products. It was only in the 1990s that Bajaj conceded its place as the market leader following the widespread manufacture of motorcycles.

Despite people preferring motorcycles over scooters, Bajaj stayed in the market by manufacturing its own set of bikes. At the moment, the company’s portfolio includes some of India’s most popular and best-selling two wheelers, including Avenger, Pulsar, Platina and Discover. The company is now preparing to release variants of the Platina and CT100 to improve its market share in the 100cc segment. The company also manufactures other popular bikes such as Kawasaki Ninja and KTM Duke.

India Yamaha Motor

A segment of Yamaha Motor Company of Japan, India Yamaha Motor holds 4% of country’s motorcycle market, and about 7.5% of the nation’s scooter market. Around 15,000 scooters are sold every month by India Yamaha Motor. A few of the popular two wheelers manufactured by the company include the R15, SZ-X, FZ16, Fazer, SS 125, Crux, YBR 110 and YBR 125. India Yamaha Motor is also renowned for selling racing super bikes such as R1 and YZF R1M. While the R1 costs around Rs.22 lacs, the YZF-R1M is priced at around Rs.29 lacs.

You may like to read: Two Wheeler Insurance

TVS Motor Company

Having commenced operations in 1877, TVS Motor Company initially plied its trade in sectors such as automobile, finance and insurance. Since 1955, however, TVS began shifting its focus on automobile alone. The company gained worldwide recognition during the 1980s when it collaborated with Suzuki Motors to release two wheelers such as Suzuki Samurai, Suzuki Shogun and Suzuki Fiero. So far as the scooter market is concerned, TVS’s Scooty brand is among the best performers over the past two decades. Scooty, as a brand, remains the most preferred scooter among working women and college girls. Jupiter and Wego are two of the other scooters manufactured by the company, and they are both doing substantially well in the Indian market.

Apart from the aforementioned two wheeler manufacturers in the country, the other brands that seem to be catching up include Mahindra, Harley Davidson, Suzuki, Triumph Motorcycles, Piaggio and Royal Enfield.

Top Two Wheeler Companies in India Reviews

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  • ICICI Lombard Two Wheeler Insurance
    "Need a reminder call"
    0.5 4.0/5 "Great!"
    I took my two wheeler insurance with ICICI Lombard. I have been with them for around 7 years and the services are good. I have no claim experience. The premium is reasonable. The benefits are less compared to others. There was no reminder call from the customer support during the policy renewal, it would be great if they do it.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 23, 2019
  • Iffco Tokio Two Wheeler Insurance
    "Good exper"
    0.5 5.0/5 "Blown Away!"
    My two wheeler insurance is with Iffco Tokio. The premium is good and I have no claim. I spoke to the customer service and it was a good experience. I have chosen first party insurance. I have received the insurance paper. I have paid Rs.1300 approx through card to purchase one year policy.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 23, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Good "
    0.5 5.0/5 "Blown Away!"
    I took my two wheeler insurance from ICICI Lombard and its been 2 years. I have purchased a new bike so the insurance was offered by the showroom. Every year premium varies by the Government and its reasonable.I got the insurance paper. Am not sure about the benefits. It is a first party insurance.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 23, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have taken two wheeler insurance policy with ICICI Lombard for 3 years. A premium of Rs 2000-3000 has to be paid for this insurance policy. I have no claim experience so far with this insurance and the policy benefits are good in this insurance.
    Was this review helpful? 0
    , jaipur
    Reviewed on Jan 23, 2019
  • Reliance General Two Wheeler Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have taken two wheeler insurance from Reliance for 5 years and i am having this insurance from last 3 months. A premium of Rs 4200 has to be paid for this insurance policy. I do not have claim experience so far with this insurance.
    Was this review helpful? 0
    , surat
    Reviewed on Jan 23, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have my two wheeler insured with ICICI Lombard from last 1 year, there was no claim experience so far with this insurance policy and i pay a premium of Rs 850 for this insurance. I am happy with the plan benefits and plan coverage of this policy
    Was this review helpful? 0
    , pune
    Reviewed on Jan 23, 2019
  • Reliance General Two Wheeler Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have two wheeler insurance with Reliance general from last 1 year. A premium of Rs 1800 has to be paid for this insurance policy every year. I have not claimed anything so far with this insurance policy. I am happy with the plan benefits and policy coverage of this insurance.
    Was this review helpful? 0
    , pune
    Reviewed on Jan 23, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Better Policy"
    0.5 3.0/5 "Satisfactory"
    My two wheeler insurance policy was taken from ICICI Lombard. The dealer has provided this policy hence i'm not aware of the premium amount. They have given me a IDV value of Rs. 70000 which covered for 100%. I had no claim experience with this policy.
    Was this review helpful? 2
    , bangalore
    Reviewed on Jan 22, 2019
  • HDFC Ergo Two Wheeler Insurance
    "Good Policy"
    0.5 5.0/5 "Blown Away!"
    My two wheeler policy was bought from 2014. There is no reason for choosing this policy. I am paying the premium amount of Rs. 2100. They have offered me a coverage amount of Rs. 31000. I will make the payment through cheque and i renew the policy by own.
    Was this review helpful? 1
    , ahmedabad
    Reviewed on Jan 22, 2019
  • Bajaj Allianz Two Wheeler Insurance
    "Good Claim Experience"
    0.5 5.0/5 "Blown Away!"
    I have invested my splendor bike with Bajaj Allianz, it was stolen in 2014. Then I applied for claim, within 2.5 months they have settled the money through account transfer, the customer support is very prompt they understood and cleared the issue.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 21, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Smart Protection"
    0.5 2.5/5 "Just OK"
    I don't have any claim with ICICI Lombard, they are doing good job in terms of insured declared value. The representative issued the policy on time . I have scooter jupitar its around two years old. For that bike I took first party insurance is good.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 21, 2019
  • National Insurance Two Wheeler Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have a two wheeler insurance with National insurance from last 1 year. A premium of Rs 2000 has to be paid for this insurance policy. I have not claimed anything so far with this insurance policy. I am happy with the plan benefits and policy coverage of this insurance.
    Was this review helpful? 0
    , indore
    Reviewed on Jan 21, 2019
  • Bajaj Allianz Two Wheeler Insurance
    "Average Policy"
    0.5 3.0/5 "Satisfactory"
    I have my two wheeler insured with Bajaj Allianz from last 1 year, a premium of Rs 2600 has to be paid for this insurance policy. I have no claim experience so far with this insurance policy. I am happy with the policy benefits and plan coverage of this policy.
    Was this review helpful? 0
    , hojai
    Reviewed on Jan 21, 2019
  • HDFC Ergo Two Wheeler Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have my two wheeler insured with HDFC ERGO from last 1 year, a premium of Rs 1200-1500 has to be paid for this insurance policy. There was no claim experience so far with this insurance policy. I am happy with the plan benefits and policy coverage for this insurance.
    Was this review helpful? 0
    , rewari
    Reviewed on Jan 21, 2019
  • Reliance General Two Wheeler Insurance
    "Yet to experience the policy"
    0.5 4.0/5 "Great!"
    I am holding my two wheeler insurance from Reliance. I have not claimed anything from this policy. I pay the premium amount which is bit high compared to last year. I have chosen the reliance because the insurance is located nearby my place. They have given me a nominal IDV value. The service is prompt when i went for the renewal.
    Was this review helpful? 1
    , chennai
    Reviewed on Jan 21, 2019
  • National Insurance Two Wheeler Insurance
    "Good Insurance Company"
    0.5 4.0/5 "Great!"
    I have Hero glamer bike, I think I paid the premium around Rs. 3000 to 4000 to National insurance. My vehicle is around one year, its a first insurance I took through showroom. On time I got the paper from the insurer, they got tie up 3 to 4 service centers in Bhubaneswar.
    Was this review helpful? 1
    , bhubaneshwar
    Reviewed on Jan 21, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Trusted Insurer"
    0.5 5.0/5 "Blown Away!"
    ICICI lombard its a nice insurance company, I am holding bike policy with them around one year. I have invested pulsar bike by taking comprehensive plan. The customer care is good on time they have generated the policy. I have 80% of cover based on the vehicle age.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 21, 2019
  • HDFC Ergo Two Wheeler Insurance
    "Best Policy"
    0.5 5.0/5 "Blown Away!"
    I have taken two wheeler insurance from Hdfc General insurance . I made the payment for 1 years through online banking . Customer service and responce is average as thye have explained the benefits of the policy .This policy covers with road side assistance and bumper to bumper coverage and the premium amount which am making for this is pretty economy .
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 20, 2019
  • Royal Sundaram Two Wheeler Insurance
    "Low Premium with Higher IDV value"
    0.5 5.0/5 "Blown Away!"
    My two wheeler insurance purchased from Royal Sundaram. They are giving the higher IDV value hence i have chosen this company. I pay the premium amount of Rs. 1000. They have given me a IDV value of Rs. 24000. I have renewed the policy through online.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 20, 2019
  • HDFC Ergo Two Wheeler Insurance
    "Good Protection with HDFC Ergo"
    0.5 5.0/5 "Blown Away!"
    My Activa Honda got insured with HDFC Ergo, I have been with them around two years, total term of my two wheeler policy is around three years. The premium amount is lesser based on the vehicle age. I took first party insurance its good and satisfactory.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 19, 2019
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