Two-wheeler sales pick up pace

India’s key two-wheeler companies witnessed growth both in the month-on-month and year-on-year sales. This may indicate an improvement in people's buying sentiments or even latent demand.

However, with schools and colleges reopening, and with people returning to office, these numbers may go up. Two-wheeler companies continue to grapple with chips availability for their high end models. In the months ahead, the performance of the monsoons will play a key role in determining demand as good rains increase rural based activities around agriculture, and add to farmer incomes. There is also a concern around rising cases of Covid in major ...