Two-wheeler OEMs on a high in January 2018

The Indian two-wheeler industry recorded impressive YoY growth of 33.43 percent in January 2018 at 1,684,066 units. Harley-Davidson India and Mahindra Two Wheelers were the only two OEMs that failed to report a positive growth. While scooters recorded the fastest growth of more than 48 percent YoY, motorcycle sales grew by 28.64 percent YoY. Meanwhile, the mopeds, category wherein TVS Motor Company commands a monopoly in the domestic market, saw YoY growth of 10 percent.

While Hero MotoCorp more than doubled its scooter sales in January (from 34,949 units in January 2017 to 76,062 units in January 2018), Honda ...