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
Indian Automotive Market Analysis: FY2024-25
FY25 saw SUVs continue to increase their dominance over the Indian PV market, with M&M cornering 53% of incremental volu...
Infineon highlights future trends in e-bike user experience
At a recent webinar, Infineon outlined its offerings in power electronics, advanced sensor technologies, and microcontro...
Chasing 5%: Can Renault Reclaim Relevance in India’s Competitive Car Market?
Targeting full plant utilization and a 5% market share, Renault’s India reset hinges on fresh products, shared platforms...