The country’s biggest two-wheeler maker, Hero MotoCorp, on Wednesday expanded its presence in the fast-growing scooter market, unveiling two new scooters – the Maestro Edge and the Duet – both with 125cc engines – at the Auto Expo in Greater Noida. These two products were earlier available with 110cc engines.
Hero MotoCorp has been focusing on the scooter segment, where its former partner Honda Motorcycle & Scooter is the leader, with a market share of 57 per cent. Hero, with a market share of 13 per cent, is the third-biggest player in the scooter market; TVS Motor is the second-biggest. Every month, India sees over 565,000 units of scooters being sold. These now account for about 30 per cent of