India’s two-wheeler industry grows 15% in November

The two-wheeler segment, the most affordable form of motorised transport in the country, continues to see an uptick in demand but the growth could have been better. Cumulative despatches from six leading OEMs indicate 1.5 million units in November 2020, which marks 15% year-on-year growth. But seen month on month, the numbers are down 22% on October 2020’s 1.97 million units (see data table below). Let’s take a closer look.

Hero MotoCorp: 591,091 units / 14%
Further strengthening its market leadership, the world's largest two-wheeler manufacturer, Hero MotoCorp registered 14% growth with 591,091 units sold. The company sold 516,775 ...