Early arrival of festive season accelerates demand for two-wheelers

The demand for two-wheelers is back on its growth trajectory, thanks to the early arrival of the festive season this year, above-average rainfall across major parts of the country clubbed with the positive sentiment prevailing in the market. August 2017 has turned out to be one of the best performing months for the Indian wo-wheeler industry since the festive season last year.

August sales as reported by the major two-wheeler companies indicate that the market has registered 15.14 percent growth YoY. The highlights of the last month’s performance include Hero MotoCorp (HMCL), Honda Motorcycle & Scooter India (HMSI), Royal ...