Stock advisory Company: Suzuki Motorcycles eyes 1 mn volume by 2020, double market share

Japanese two-wheeler maker Suzuki Motorcycles, which had "got on the wrong bus all these years" is betting big on India now with a strategy to double the market share to 10 percent with 1-million volume by 2020.


Suzuki Motorcycle India is the largest market for the parent Suzuki Corporation and currently, enjoys only about 5 percent share in the over 17 million units a year domestic two-wheeler market dominated by Hero Motorcorp and its co-patriot Honda who between them eat up close to 70 percent of the market pie.

Like its sister concern, Maruti Suzuki that enjoys over 50 percent of the domestic car market, even with such a low volume, India is the largest market for the group.

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