INDIA EXPORTS: Two-Wheelers – April-May 2017
Two-wheeler shipments from India, which were down 5.78 percent in FY2017, are back on the road to recovery as April-May 2017 number reveal. Leading the charge is Bajaj Auto with its Dominar and other motorcycles.
20 Jun 2017
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Bajaj Auto is understood to be exporting between 2,000-3,000 Dominar 400s each month, along with other motorcycles.
Exports of automobiles and components are a win-win situation for automakers and suppliers. Not only do they act as a boost – or a buffer – to domestic sales but they also make for a great business strategy.
Fiscal year 2016-17 was no short of a roller-coaster ride for domestic sales for the Indian automobile sector. The monsoon was average but the unprecedented demonetisation move took consumers by surprise and acted as a sales speedbreaker for industry. Then, even as automakers were recovering, the incoming BS IV regime saw many OEMs take to heavy discounting to clear ...
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