In the mid-1980s, the Indian government regulations changed and permitted foreign companies to enter the Indian market through minority joint ventures.

Ideal Jawa and Escorts took the middle and lower end of the market respectively. Royal Enfield made a 350cc Bullet with the only four-stroke engine at that time and took the higher end of the market but there was little competition for their customers. The motorcycle segment had the same long wait times with three manufacturers: Royal Enfield, Ideal Jawa, and Escorts. against the 265,431 units sold in the same month last year.manufacturer, Hero Honda, rose 24 per cent to 329,055 units,. February sales for the country’s largest motorcycle.Port & Sez, ICICI Bank,Siemens and REC(Total investment.it’s assets in some very big companies namely BHEL Mundra. Hero Honda being a cash rich company has invested some of.competition in the market, with players like Bajaj, Kinetic,. Mr,Munjal Started the biz when there was moderate.Chairman of the Company and the $ 2.8 billion Hero Group.Brij Mohan Lal Munjal is the founder Director and By the year 1990, Bajaj had a waiting list that was twenty-six times its annual output for scooters. The CEO of Bajaj commented that he did not need a marketing department, only a dispatch department. Customers in India were forced to wait up to 12 years to buy a scooter from Bajaj. This regulatory maze, before the economic liberalization, made business easier for local players to have a seller’s market. The license raj that existed between the 1940s to 1980s in India did not allow foreign companies to enter the market and imports were tightly controlled.with its association with Piaggio of Italy (manufacturer of Vespa scooters) as the largest manufacturers within the country. India became the second largest two wheeler manufacturer in the world starting in the 1950s with the Automobile Products of India (API) that manufactured the Lambrettas and Bajaj Auto Ltd.􀂃Actively involved in road safety promotion.􀂃Record sales of 2.6 million bikes in 2004.􀂃World’s largest motorcycle manufacturer.

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