Honda Motorcycle and Scooter India (HMSI), the market leader in scooters, is seeing a steady recovery after a steep fall in sales volume. This is an indication that the segment, hit hard by the Covid-19 pandemic, is turning the corner.
Sales in the first 10 months of the financial year for the segment and HMSI remain in a negative territory. This is owing to the Covid-induced lockdown in March and April in 2020. But there is a YoY uptick in numbers, albeit by a small margin, indicating that the worst is over for scooter sales in India.
HMSI
Sales in the first 10 months of the financial year for the segment and HMSI remain in a negative territory. This is owing to the Covid-induced lockdown in March and April in 2020. But there is a YoY uptick in numbers, albeit by a small margin, indicating that the worst is over for scooter sales in India.
HMSI

)