Scooters power two-wheeler sales to 9.23% YoY growth in April-July 2017
Consistently growing demand for gearless scooters, both from urban and rural India, is setting the foundation for strong sales in the ongoing fiscal.
The two-wheeler industry is headed for a good ride in the ongoing fiscal year. For the April-July 2017 period, total sales have increased from 6,019,237 units in April-July 2016 to 6,575,225 units, up 9.23 percent YoY.
Barring Bajaj Auto and Mahindra Two Wheelers in the commuter segment and Harley-Davidson India and India Kawasaki Motors in the premium segment, all the other companies have reported YoY growth.
Honda Motorcycle & Scooter India(HMSI) stands out as the biggest volume gainer. The second largest player in the domestic two-wheeler industry, after Hero MotoCorp, gained additional volumes of 323,013 ...
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