Ad Here  
February
March
April
May
June
July
 
 
ALL-two launches in a row Dynamic e-commerce scenario Airlines wage price war SumInfra- corridor based development... Durga - India’s largest blast furnace; now operational Investor friendly Japan Economic, business and social sustainability Steel loses its sheen Veritas Finance- financing the unfinanced Business Briefs Automotive Vision Plan II... TN budget pragmatic and moderate on fiscal deficit More gensets and diesel engines from TAFE ALL – truck industry is recovering from degrowth Waste, a gold mine Striking cords for 25 years… Innovation that helped Chennai port Curbing steel imports will hurt small business... Chola MS launches motor app Chola MS net crosses 100 crores IFCI to raise NCDs upto Rs 2000 crore Chennai will soon get its World Trade Centre Indian Bank – global businesses crosses Rs 3 lakh crore... BRICS development bank OBO Bettermann for better lightning protection Towards peace of mind Carrefour’s quick exit Auto test tracks launched at GARC Oragadam campus Focus on self-certification and third party inspection An aerospace-defence cluster in Tamil Nadu… TiE applauds innovative entrepreneurs ISRO's 100th mission TII-challenging year with flat growth Make way for the new and dynamic railways Illicit markets a concern to growing economy When Centre visits the state Realising double digit growth in Tamil Nadu TOP 10 CEO Compensation Hero Motocorp - smooth ride Business Breif LVB gears to become a financial supermarket Nigeria comes nearer Three more leather clusters… Reality bytes Applauding enterprise... Flexible labour laws… Nothing to hide... Pharma market dozes Big-ticket investments march towards Punjab Brand leaders come forward... - Is Indian telecom industry heading for a monopoly? Apple maps – finding its way Hyundai excites again Time to fast-pace the logistics sector The new look- 4s Verna Tata Steel commence operations at Kalinganagar European crisis is a global crisis! Indigo stays leader with 40 per cent share Gem of social service... Inclusive and forward moving... Housing Innovation Challenge, 2015 ALL to launch electric busses Changing dynamics in human resource management STFC raises money Four daughters and a proud father Techies trip to India Holiday Inn opens in OMR Chennai WABCO’s second Chennai plant Backpack laboratory Rating of states to be released soon Secured NCDs from Shriram City Placing the right shoe forward... Ridley marathon to India TCS’ revenues cross Rs 100,000 crore Creating Tamil Nadu Banana brand Celebrating 180 years of relevance CUB: towards card-less withdrawal TII’s single largest investment at Thiruthani AirAsia India infuses funds to fight out competition An American alliance in the chemical industry? Need to focus on ease of doing business... Strategy war escalates between Hero and Honda Chennai to get a roundabout Metro Blue Star plans a new plant in south Scoot offers just Rs.13,500 to ANZ... Economic issues take a back seat at G20 summit Industry-well poised to invest on expansion Chennai Port is at last decongested! Purdue and IIT-M sign the dotted line Sun Edison launches solar pumps Research needs more funding Celebration time at MS Chola Smart controls for cooling large multi-zone spaces ... On the ‘milky’ way Realty sector takes a break... People Flow Day- Safety TVS Logistics – another acquisition to sharpen the business model Digital retail transactions stabilise at higher level… Adding Zest to Scooty ECGC expands operations Schwing Stetter India joins hands with US-based Gomaco Well-refined – RIL’s refinery margins zoom World labour laws at a glance Climate change may change the way businesses work... Connecting the unconnected Downsizing spree... A global plastic event in India Bridging the skill deficit in pharma industry Murugappa- a year of consolidation
 
Strategy war escalates between Hero and Honda

The neck-and-neck race between Hero and Honda led the country being carved up into Hero markets and Honda domains. While Hero leads in Rajasthan, UP, Madhya Pradesh, West Bengal, AP-Telegana, Honda rides ahead in Karnataka, Maharashtra, Gujarat and Kerala. There are also some other parts where the competition is on neck-to-neck. That includes Surat where Hero Moto has 42 per cent market share to Honda 40 per cent. Ditto for Karnataka where Honda leads with 32 per cent market share while Hero has 30 per cent.  “The company aims to cross 12 million units in sales by 2020, 10 per cent of which will come from global business. Two more plants are coming up in Gujarat and Andhra Pradesh,” said the spoke person of Hero Moto. Honda on other side said, “currently our focus is on building our new plant in Gujarat which will be a 1.2 million scooter factory.”  

The slight slowdown of the car sales has been balanced by the increase in the two wheeler market in India. The current size of two wheelers market is Rs.100,000 million. Foreign collaborations have taken the two wheeler industry forward. The current split between the joint ventures has triggered the spurt in growth of the industry.

 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com