Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years. Led by Honda and Yamaha, Japanese companies now control a third of India’s domestic two-wheeler market, the biggest in the world. Five years back, these firms had only a fifth. Honda Motorcycle and Scooter India, which entered the market 33 years ago with local partner Hero, has emerged as the second largest player. It now has a 27.3% share. The largest share, however, remains with its former ... Rediff.com, 1 month ago
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Machinery used in agriculture, including tractors and harvesters, are likely to be kept at the lowest tax slab under goods and services tax (GST), which could come as bonanza for companies like Mahindra & Mahindra, John Dere and Tafe. The finance ministry has ...The Financial Chronicle, 1 month ago
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