and according to the latest data, India has the highest number of registered two wheelers in the world, with Indonesia in second place. In the past three years, more than two crow vehicles have been registered. Sakshi Bajaj breaks this down and the impact of all of this India ranks number one in registered two wheelers, as per the latest data reported by the World Road Statistics. This is followed by Indonesia and China. While this is a significant milestone and reflects that the two wheeler industry is back in strong business in India, industry experts feel a lot is still in the wait and watch mode. Given the global emphasis on transitioning to electric vehicles, experts also believe two wheeler Indian majors tying up with global counterparts is an indication of the evolution of the two wheeler industry to a more premium segment altogether. While India ranks number eight in the category of total vehicles in use, experts feel this only implies the number of active vehicles on road at the moment, and India's auto sales growth continues to be encouraging. Remember, India displaced Japan in 2022 to become the world's third largest car market
