Two-wheeler sales slide in April as second wave of Covid-19 impacts sentiment
With lockdown in many states and factory shutdowns across the two-wheeler ecosystem, industry is preparing for a washout May.
The second wave of Covid across India has been kind to none, and lives and livelihood has been affected across states in India. Though the affordable and widely used two-wheeler market was amongst the first segments to see green shoots in a post-Covid revival last year (2020), the trajectory seems to be fast taking a turn for the worse.
With lockdowns in many states and factory shutdowns across the two-wheeler ecosystem, including the world’s largest two-wheeler maker Hero MotoCorp, HMSI, the going seems to be getting steep and the industry is more or less preparing for a washout May ...
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