The document summarizes the history and evolution of the motorcycle industry in India. It discusses how Royal Enfield first introduced motorcycles to India in the 1950s. It then outlines the growth of the industry in the 1960s-1980s with the rise of companies like Bajaj, Hero Honda, and TVS Suzuki. It provides details on TVS Motors and their introduction of various motorcycle models over the decades. The key factors leading to the industry's success are also summarized.
The document summarizes the history and evolution of the motorcycle industry in India. It discusses how Royal Enfield first introduced motorcycles to India in the 1950s. It then outlines the growth of the industry in the 1960s-1980s with the rise of companies like Bajaj, Hero Honda, and TVS Suzuki. It provides details on TVS Motors and their introduction of various motorcycle models over the decades. The key factors leading to the industry's success are also summarized.
The document summarizes the history and evolution of the motorcycle industry in India. It discusses how Royal Enfield first introduced motorcycles to India in the 1950s. It then outlines the growth of the industry in the 1960s-1980s with the rise of companies like Bajaj, Hero Honda, and TVS Suzuki. It provides details on TVS Motors and their introduction of various motorcycle models over the decades. The key factors leading to the industry's success are also summarized.
The first bike commissioned in India was the 350 cc powered Bullet manufactured in England and assembled in Madras (now Chennai) by the Royal Enfield UK company. Back then Royal Enfield was a British company. The rugged Bullet was ordered by the Indian Army. The tough build quality and broad wheel base helped the Jawans ride through tough terrains in the north and eastern parts of India with relative ease. EVOLUTION • 1950-58 API and Enfield.
• 1960-79 LML Vespa, Bajaj, Enfield
bullet, Jawa and Rajdoot.
• 1980-89 Hero Honda and TVS Suzuki.
India, is the second largest producer of two-wheelers in the world. In the last few years, the Indian two-wheeler industry has seen spectacular growth. The country stands next to China and Japan in terms of production and sales respectively. FACT OF THE DAY The Indian government encouraged local brands to collaborate with international bike makers for the capacity of two-wheelers above the capacity of 100 cc.
Due to steep oil prices in the late 70s, two wheeler
production increased by 60% while that of cars saw a steep decline of around 21% MAJOR BRANDS There are four major aspects which lead to the success of the two-wheelers in India… Top quality, international standard manufacturing technologies.
Upwardly mobile, high earning youth.
Easy access to two wheeler loans.
Reduction in taxes and duties.
TVS TVS Motor Company Limited, part of the TVS Group, is one of India's leading two-wheeler manufacturers. With a turnover of over Rs.2800 crores, the Company manufactures a wide range of motorcycles, scooters, mopeds and scooterettes. Little wonder, it boasts of more than 9.5 million happy customers. The year was 1980, was a year to remember for the Indian two-wheeler industry. For it was this year that saw India's first two-seater moped, TVS 50, rolling out on the Indian roads. For some it was freedom to move. With the joint venture with Suzuki Motor Corporation in 1983, TVS-Suzuki became the first Indian company to introduce 100 cc Indo-Japanese motorcycles in September 1984. Through an amicable agreement the two companies parted ways in September 2001. TVS Motors offers the following products Star City Victor Star Sport Fiero F2/FX Jive Apache Centra Flame Victor GL Advertising Strategy The aggressive marketing strategy along with the changed approach to advertisement campaign boosted the demand for the TVS models.
Agency created the campaign designs which included
print ads, banners, handbills, road show kits, truck floats etc.
‘ Musical Nite’ for those who booked / purchased bikes
during the period was organized by the agency. BRAND AMBASSADORS SACHIN TENDULKAR
MAHENDRA SINGH DHONI
PLANS Encourage exports. Provide various two-wheeler financing schemes among manufacturers. Open R&D centers. Pressurize government to reduce taxes and duties. Collaborate with global players.