India is now the world’s biggest two-wheeler market driven by women riders

[Margarita]

NEW DELHI: India has overtaken China to emerge as the world's biggest market for two-wheelers. A total of 17.7 million two-wheelers were sold here last year, that's over 48,000 units every day.

Neighbouring China trailed with 16.8 million units sold, according to officials from industry body Society of Indian Automobile Manufacturers (Siam) as well as data from China Association of Automobile Manufacturers.

Besides rising incomes and growing infrastructure in rural areas, one big reason for the spurt in sales has been women commuters+ who like the ease of zipping in and out of chaotic city traffic on their gearless scooters. For Honda, which leads the scooter market, the share of women is at 35%.

The growth is not only being led by commuter vehicles, but even larger and expensive two-wheelers are being sold in good numbers. Royal Enfield, which sells bikes comfortably priced upwards of Rs 1 lakh, has seen sales grow by over 30% last year, and is now preparing to boost its production capacity.

"We have seen a massive demand in the past few years and are ramping up capacity," says Siddhartha Lal, CEO of Eicher Motors that sells the bikes. "India is a market where sales are only going to go up, and there is enormous potential here."

Premium bike makers (those selling products priced upwards of Rs 5 lakh) such as UK's Triumph Motorcycles and American Harley Davidson have also been upping their product portfolio and exposure in India+ .

Triumph, which entered India in 2013, has already sold over 4,000 bikes and now has portfolio of over 17 vehicles. "Triumph is the fastest-growing luxury motorcycle brand in India, and we hope to maintain the pace further," Vimal Sumbly, MD of Triumph in India, says

Read rest of the article here: http://timesofindia.indiatimes.com/...st-2-wheeler-market/articleshow/58555735.cms?

 

[GURU DUTT]

Nausbillah ye nahi ho sakta China is worlds best nation as China Pakistan ka yaar hai aur uspe pakistani ka aur har pakistani ka dil o jaan nisaar hai alhamdullilaahh ... soon China bahadur will be again on top and world number one inshallah

 

[Zen0]

Freaking Mopeds , mopeds everywhere .lol

 

[GURU DUTT]

Freaking Mopeds , mopeds everywhere .lol

are you and indian .... looks like you are not cause for last 20 odd years in india no one buys so called "mopeds"here the lowest Engine displacement in indian bikes in minimum 97cc

and all enigiens are at least baharat stage II,III or IV now its Bharat stage V mandatorry you dont know this fact cause you are not from india while most popular Engine displacement are 125CC & 150CC in urban middle class

 

[Dungeness]

Amazing, Indians can always find something to be proud of!

"Take Over China" may be the only message the article tried to convey.

 

[Zen0]

are you and indian .... looks like you are not cause for last 20 odd years in india no one buys so called "mopeds"here the lowest Engine displacement in indian bikes in minimum 97cc

and all enigiens are at least baharat stage II,III or IV now its Bharat stage V mandatorry you dont know this fact cause you are not from india while most popular Engine displacement are 125CC & 150CC in urban middle class

By moped i meant scooters like honda

People generally classify mopeds as scooters .

 

[ashok321]

Advanced countries don't have 2 wheelers.

Following type of life threatening rides go unpunished in India:

In India not everyone can afford a 4 wheeler.

 

[GURU DUTT]

By moped i meant scooters like honda

People generally classify mopeds as scooters .

guess what is the so called Engine displacement of the same scooters in india as shown in the picture well lowest being 90cc called scooty used by school/college girls while boys /students use proper scooters after they get there DL which are at least 125cc to 150cc while most college kids want 150cc bikes sme want even better 180cc or even bigger 200cc or now 250cc

but im sure you are not indian you are a false flagger pakistani posting as an indian as the scooter you have shown is not a popular scooter model in idia in india the most popular model is Honda Activa/Aviator/Dio or TVS Jupiter as for bikes the most popular are Bajaj V,Discover,Pulsar Honda Shine, Hornet160R, TVS RTR160, KTM200,YamhaFZ-SFI, Suzuki Gixxer SF and the list goes on and on

 

[ghameed]

Amazing, Indians can always find something to be proud of!

"Take Over China" may be the only message the article tried to convey.

There was only one line in the whole article mentioning china .....and suddenly its "take over china " ...paranoid much ..

 

[GURU DUTT]

There was only one line in the whole article mentioning china .....and suddenly its "take over china " ...paranoid much ..

read my first copmment biradr azeez

there is a thing called competetion in the world we are doing that hope you know what im talking about

 

[gslv mk3]

India is now the world’s biggest two-wheeler market

NEW DELHI: India has overtaken China to emerge as the world's biggest market for two-wheelers. A total of 17.7 million two-wheelers were sold here last year, that's over 48,000 units every day.

Neighbouring China trailed with 16.8 million units sold, according to officials from industry body Society of Indian Automobile Manufacturers (Siam) as well as data from China Association of Automobile Manufacturers.

Besides rising incomes and growing infrastructure in rural areas, one big reason for the spurt in sales has been women commuters who like the ease of zipping in and out of chaotic city traffic on their gearless scooters. For Honda, which leads the scooter market, the share of women is at 35%.

The market in China has been on a decline over the past few years, perhaps due to the fast-paced growth in car sales there as well as the curbs on petrol two-wheelers in top cities. "The Chinese market has been coming down from the highs of 25 million or so, reached a few years back," says Sugato Sen, Deputy DG of Siam. However, the sales of electric two-wheelers have been on an upswing in China.

Indonesia is holding steady as the third-largest two-wheeler market with annual sales estimated at 6 million units. Here too, volumes have slipped from 6.5 million units sold in 2015.

So, what clicks for India when it comes to the two-wheeler market? "The need for mobility is very large in India, and we are one of the fastest developing economies in the world," says YS Guleria, Senior VP (Sales & Marketing) at Honda Motorcycle and Scooter India (HMSI), the country's second-biggest two-wheeler company.

Easier finance options, newer and more fuel-efficient models, rising incomes have only added to the push even as new business models, such as e-commerce, also help purchases.

A top official at Hero MotoCorp, the country's biggest company, said that the growth of infrastructure in smaller towns and non-urban areas is helping demand.

"The massive government spending in rural programmes and large road-construction projects is leading to a pick-up in volumes in smaller towns and villages," said the official, who did not wish to be identified.

In metros and the larger cities, the sales are also being aided by the choked infrastructure. "People are buying two-wheelers for shorter commute and errands, even if they have a car. It is difficult to move around in congested cities, and even more difficult to get a space to park. So, two-wheelers are increasingly becoming the second vehicles in the household," the official from Hero says.

Industry officials say that the market will continue to grow over the next few years. "We will grow at around 9-11% over the coming years," Honda's Guleria says.

The growth is not only being led by commuter vehicles, but even larger and expensive two-wheelers are being sold in good numbers. Royal Enfield, which sells bikes comfortably priced upwards of Rs 1 lakh, has seen sales grow by over 30% last year, and is now preparing to boost its production capacity.

"We have seen a massive demand in the past few years and are ramping up capacity," says Siddhartha Lal, CEO of Eicher Motors that sells the bikes. "India is a market where sales are only going to go up, and there is enormous potential here."

Premium bike makers (those selling products priced upwards of Rs 5 lakh) such as UK's Triumph Motorcycles and American Harley Davidson have also been upping their product portfolio and exposure in India

Triumph, which entered India in 2013, has already sold over 4,000 bikes and now has portfolio of over 17 vehicles. "Triumph is the fastest-growing luxury motorcycle brand in India, and we hope to maintain the pace further," Vimal Sumbly, MD of Triumph in India, says.

 

[tw00tw00]

Why are car sales so low?