Pro Plus

Motorcycles see revival in Q1, rural India buys commuters, midsize market zooms

Bikes that stretch every ounce of costly petrol to the max are back in demand and help power sales in April-June. Midsize motorcycles also witness surge of demand in a wave that can only get bigger.

By Ajit Dalvi

24 Jul 2022

7673 Views

Entry-level, 100cc frugal commuter bike segment saw sales of 1.2 million units in April-June 2022, up 35% YoY.

In FY2022, the two-wheeler market was down 11% (1,34,66,412 units) with motorcycles sales – down 10.34% (89,84,186 units). Barely 3 months later, in Q1 FY2023, bikes are back in growth mode with a 38% increase to 2.4 million units.

The first three months of FY2023 have given India Auto Inc a reason to smile. With cumulative wholesales of 4,935,870 units across the passenger vehicle, commercial vehicle, three- and two-wheeler segments, the 55% year-on-year growth lays the foundation for a much-improved fiscal, after the Covid-impacted FY2020 and FY2021.

The biggest contributor in term of volume, of course, is the two-wheeler segment with 3,724,533 units or 75% of total industry sales in April-June 2022. Motorcycles is the biggest sub-segment within two-wheelers and accounted for 2,405,228 units or 64% of total two-wheelers. Scooters comprised exactly half that number – 32% or ...

This is an Autocar Pro Plus article. Subscribe to continue reading.