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Monday, 25 April 2016

Now Scooter is 5 million units market

Monday, April 25, 2016  , , , ,  No comments
Scooters, largely considered an urban phenomenon, are seeing increasing acceptability in rural markets as well. Improving road network is one of the major triggers for growth in scooter sales in such markets. At most dealerships in rural areas, two of every 10 two-wheelers sold are now scooters, against just one a couple of years ago. Thus scooter has become 5 million units market. Scooters registered growth of 11.8% to sale 50,31,675 units in 2015-16 against 45,00,812 units. Scooters now form 30 per cent of the domestic two-wheeler market. Honda Motorcycle and Scooter India, which enjoys a 55 per cent share in the domestic scooter market.
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