Motorcycles claw back market share from scooters on strong demand

The industry sold 8.69 mn motorcycles in the domestic market, almost double the scooter volume of 4.4 mn

Motorcycles are reclaiming part of the market share they lost to scooters in the world’s largest two-wheeler market over the past few years, thanks to a strong demand, particularly in rural markets.

Their share in the domestic two-wheeler market is at a three-year high of almost 64 per cent, up 2 per cent over last year. In the first seven months of FY19 (April-October), motorcycle sales zoomed over 14 per cent in spite of temporary challenges in the form of a high insurance cost and firm fuel prices. 

The industry sold 8.69 million motorcycles in the domestic market, almost double the scooter