Indian scooter segment is now a 5 million unit market
The booming Indian scooter market is now worth five million units annually, as per the latest data from apex industry body SIAM.
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A close analysis of all scooter models on sale in India across three different engine displacement categories underlines that the total domestic scooter market has reached the size of five million units during FY2015-16.
The scooter models currently sold in India range from the 88cc TVS Scooty Pep+ to Piaggio’s 150cc top-end Vespas. In terms of the on-road price range, the scooter market operates from as low as Rs 44,000 to over Rs 100,000.
Total scooters sold in India during FY2015-16 stood at 50,31,675 units, a growth of 11.80 percent YoY. Of all three categories, the most popular ...
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