The Evolution and Structure of the Two-wheeler Industry in India

This paper studies the evolution of the competitive structure of the two-wheeler industry in
India. The evolution of the industry's competitive structure is traced using Kendall’s Index of
Rank Concordance and the Evans-Karras test of convergence. The industry seems to be
characterized by oligopoly with the onset of economic reforms not making much difference to
industrial structure. Convergence of sales and capacity at the level of the industry is
conditional while it is absolute at the level of the segment.