Situation similar to FY2004-07, when volume growth was strong but profitability slid
Risk-reward favourable for Hero; rising competition and commodity prices may play spoilsport
Scooter volume addition has been higher for five consecutive years, as motorcycles saw impact of an erratic monsoon
There should not be any seat for pillion riders in vehicles below 100 CC as mandated under Rule 143(3) of Karnataka Motor Vehicles Rules
Total of sector volumes down 4.7%, despite strong recovery in passenger vehicles after note ban
Sales of the low-priced two-wheeler are growing at almost 28%, against 24% and 12% in scooters and motorcycles
The pilot project is being implemented by Indraprastha Gas (IGL) and GAIL