Growing market size inviting break-ups between cos

“India’s market size has grown sufficiently large where it can accommodate both the players separately, ensuring their co-existence. This has triggered the partners calling-off their joint ventures and operate the businesses on their own,” a report by SMC Global Securities Limited said.

It may be the end of story for Munjal Family’s Hero group and Japan’s Honda which parted ways last week, but the “Its Over Now” story is no new for the industry which has seen many break-ups between the Indian partners and their international peers, the report added.