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Monday, 2 May 2016

Scooter is gaining popularity over motorcycles

Monday, May 02, 2016  , , ,  No comments

Over the last five years, the share of scooters has increased from 19% to 31% in 2015-16 and in the same period the share of lower executive bikes (priced around ~Rs. 50,000, same as scooters)has shrunk from 35% to 24%. In the more developed states, scooter has already crossed the 40% mark is still increasing. Trend towards scooter is most positive for Honda.

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