India is emerging as a top market for leading Japanese two-wheeler companies. Last year, this country became Honda’s biggest global market for two-wheelers. Now, another Japanese major, Yamaha, is set to see India emerge as its second biggest market, for the first time.
India is about to overtake Vietnam in this regard for Yamaha, next only to Indonesia. Yamaha believes it will sell a million two-wheelers in India during the 2017 calendar year, compared to the 0.92 million it expects to sell in Vietnam.
India emerged as Yamaha’s third biggest market in 2014, overtaking China. The Japanese company globally sold