Two wheeler sales likely to set new record in 2025
Several factors, particularly a revival in rural demand, is helping the two-wheeler industry get back on its feet after being hit hard by the Covid-19 pandemic and economic slowdown that followed.
The year 2024 was one of recovery for two-wheeler makers in the country. Following a rough patch after the pandemic, the industry is now gradually getting back on its feet. Two-wheeler sales in the country have been growing since the latter half of 2023 and their upward trajectory has continued with unwavering momentum.
The domestic two-wheeler market, which soared to a record 2.12 crore units in 2018-19, plummeted in 2021-22 as the pandemic and rising costs took a toll. However, the pandemic accelerated a shift towards personal mobility and that trend shows no signs of slowing down. Consumers are ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
RELATED ARTICLES
EVs Gain Rapid Acceptance among India's Affluent Class
As India’s wealthy embrace electric vehicles with speed and style, the mainstream consumer weighs every step carefully.
Oben Electric: Swimming Against the Current
Even as the going starts to get tough for the smaller electric two-wheeler makers in the country, EV startup Oben Electr...
How Indian Startups are Trying to Overcome China’s Rare Earth Squeeze
In the face of Chinese export controls on rare earth minerals, Autocar Professional looks at three startups that are wor...