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 ...
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By Kiran Murali
02 Jan 2025
8733 Views
Shahkar Abidi
