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