Business Today

Scooting Ahead

Scooters account for a third of all two wheelers sold in India today. But how long will the resurgence last?

In 2016, India overtook China to become the largest two wheeler market in the world. This was the first time India was leading in a particular segment in the automobile industry, globally. In FY 2018, India achieved another milestone by becoming the first market to have reported sales of more than 20 million two wheelers in a year. Sales grew 14.8 per cent over FY 2017 a seven year high. Although motorcycles command a majority share of the two wheeler market in the country today, India's global ascent to the top has

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