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The increasing demand of two wheelers in India has made it the second largest producer in the world. These companies have also employed a mass population and thus contributing and supporting the economy of India.
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India is the second biggest producer and maker of two-wheelers on the planet. The increasing demand from the second largest population, has heightened the production of two wheeler's in the nation. Manufacturing of Two Wheelers in India
Why there is an increase in demand? Below are a few things which have contributed in adding to the increasing demand of 2 wheelers. • Relatively Affordable:- Two wheelers are relatively affordable medium of Transport then • Easy and Convenient:- It is an easy and convenient medium of transport in heavy traffics of cities and urban areas • Undersized Public Transport:- The public transport in India is not so established to serve the necessity of the huge population, people prefer personal vehicles for travelling • Bike Enthusiasts:- Young folks tend to be faster and stylish in the crowd and always wish to have one of the best one
Opportunity of Business The market of any industry revolves around the demand, the more the demand the more is the productions, many giant business corporations have jumped on this market delivering the need of the their customers. The market of two wheeler has been taken seriously both by the manufacturers and the consumers. Here is an example of a leading firm which entered the Two Wheeler industry in 2008 and developed rapidly to acquire the potential market.