• Shriram Automall India Limited now sprawling in PAN India with 80+ well established Automalls!! • 80th Automall Inaugurated in Surat, India!! • Shriram Automall is best known for being the largest used vehicle and equipment transaction platform offering convenient allied services.!! • Shriram Automall MOBILE APP LAUNCHED...!!Download the app now!! • Sameer Malhotra – CEO, Shriram Automall India Ltd. as Esteemed Jury at Equipment India Awards 2017.!! •Shriram Automall with CarTrade Exchange is the largest online vehicle and equipment transaction platform. •Offering Valuation and Inspection Services in 2hrs turnaround time through Adroit Auto, Shriram Automall is the leading name.!!

Thursday, 11 February 2016

The Two-Wheeler Industry & What to Expect in Future


The two wheeler industry from FY 2014-15 is fluctuating, where the sales of motorcycles have been down while the scooter segment has shown good improvement. However it’s the year 2016-17 where the industry experts are predicting high level of growth in all segments of the automobile industry in India.

As per a recent research conducted by CRISIL, says that the two wheeler segment will have a good growth overall in every vertical be it motorcycle, scooter or mopeds. 2015 witnessed a slight de-growth as rural income was weak due to lack of a normal monsoon.

See Also: Top 8 safety tips for motorcycle 

CRISIL projects the year will have a good motorcycle sales only if we have a normal monsoon & scooter market will grow due to number of factors like improving rural and semi-urban infrastructure, rising proportion of women in the workforce, improving mileage & last but not the least income boost provided by Seventh Pay Commission to buoy demand.

As per the research Rural India will be contributing more in driving the growth & the number of two wheelers plying on the road will just be doubled by the end of year 2019-20.

As the demand for new two wheeler increases the used two wheeler market is also set to have a big boost as the current ratio between new & used two wheeler is 1:1 & taking the same ratio, by 2019 the used market will also be doubled in numbers.

Excited to buy a used two wheeler in India, visit Shriram Automall India Limited that offers the widest line up of used two wheelers of all brands under a single roof, along with other allied services like parking, valuation, and refurbishment etc. for its customers.

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