Mar 152016

three-wheeler industry

India has emerged as the largest three-wheeler industry with a large domestic market and export base on the back of strong demand from local as well as international markets.

With industry volumes of 9,40,000 units in FY 2015, India is positioned as the largest manufacturer as well as market for three wheelers, globally.

The top-three players such as market leader Bajaj Auto, second largest manufacturer Piaggio and Mahindra and Mahindra accounted for 87.3 per cent of the industry sales at 10 million units in FY2016.

Contributed By Sonia Narula

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