Indian scooter market grows 24% in April-October 2016
With total sales of 36,16,605 scooters (including all categories – 75cc to 150cc scooters) during the April-October 2016 period, the Indian domestic scooter market has grown by 23.60 percent YoY.
Calendar year 2016, thus far, could be termed as the only year when a scooter brand – Honda Activa – has clearly dominated the most preferred commuting motorcycle, Hero Splendor, in terms of month-on-month sales. Moreover, the rapidly growing scooter market has become top business priority for companies that are looking to efficiently tap the opportunities in this segment.
While Honda Motorcycle & Scooter India (HMSI) is known for prioritising production of scooters over motorcycles each time it faces a capacity crunch, India Yamaha Motor and Piaggio Vehicles are other such examples.
With total sales of 36,16,605 scooters ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
RELATED ARTICLES
TVS increases scooter market share to 24% with half-a-million units in April-August
With 523,458 units, TVS Motor Co records best-ever scooter sales in the first 5 months of a fiscal and also substantiall...
Maruti Suzuki strengthens its grip on car exports in H1 FY2023
Having shipped 131,070 units in April-September 2022, Maruti Suzuki India accounts for 41% of total made-in-India vehicl...
Tata Motors No. 1 CV OEM in H1 FY2023 but loses market share in 3 sub-segments
India’s commercial vehicle market is back in growth mode. While M&HCVs are up 88%, LCV demand has grown by 59%. An in-de...