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Scooters power two-wheeler industry growth in Q1 FY2018

In the first quarter of FY2018, the scooter segment has increased its market share of the two-wheeler industry to 33.65 percent from 30.21 percent in Q1 FY2017, reflecting the spread of scooterisation across India.

By Amit Panday

18 Jul 2017

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Even as scooter market share in the overall 2-wheeler market rose to 33.65% inQ1 FY2018 from 30.21% a year ago, the big gainer is TVS which has increased its share from 13.39% to 15.12 percent. HMSI’s

Scooters are to the overall two-wheeler market what SUVs are to the passenger vehicle market. The surge in consumer demand for both these vehicle sub-segments is what is driving overall segment numbers.

A quick look at the sales numbers of the first quarter (April-June 2017), released by apex industry body SIAM, reveals that total domestic volumes of the two-wheeler industry stood at 48,96,170 units, up 7.78 percent YoY (Q1 FY2017: 45,42,905 units). Interestingly, the data indicates that the growth in the two-wheeler industry has outperformed all the other segments across the automotive industry. While commercial vehicles and three-wheelers have ...

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