The sale of two wheelers in March was 1 million taking the net toll in the fiscal to 10 million (10.5 million units). The sale in 2009-10 increased by 24.52% than the previous fiscal(8.4 million). The motorcycles dominated the net figures with 77-78%, scooters forming 15-16% and the mopeds rest. All these sale figures have made India as the stiff competitor to China(largest twowheeler maker with 15-16 million bikes). China has an edge over India in terms of electric bike, that India is yet to step ahead. The momentum in coming years too will be high with economy too surviving the recession. TVS feels that India has been a grossly under penetrated market, with Indonesia having its penetration to 30/1000. Bajaj anticipates that the penetration of two wheeler would be around 30% in another ten years.