India-based motorcycle manufacturers are eyeing the African continent with interest according to fDiMarkets’ Investor Signals, which tracks early-warning signs that a company may be considering investment.
In June 2011, the investment monitor recorded that Bajaj Auto, India's second largest motorcycle maker and TVS Motor Company, engaged in the manufacturing of two-wheelers from mopeds to racing-inspired motorcycles, have both announced plans to set up assembly units and roll out price-competitive products in Africa in 2011.

The companies are said to be interested in the region because 2.5 million motorbikes are sold there annually.
In May 2011 Investor Signals recorded that Hero Honda Motors is planning to set up factories and assembly operations overseas. The motorcycle manufacturer is aggressively looking at the African market as well as Latin America and south-east Asia.
Between January 2003 and April 2011, fDiMarkets recorded that 66.66% of all Indian FDI projects in the non-automotive transport sector have gone to Asia-Pacific compared with just 13.33% going to Africa.