According to Crisil Intelligence, the Indian two -wheeler industry is heading towards the premium department, just like other consumer sectors in the country.The premium motorcycle market share – over 150 CC engine capacity – has increased from 5 % to 5 % in the financial year 1 in. Their ratio has increased from 2 LK lakh units to 2 LK lakh units, a statement said.
On the other hand, the market share of the economy’s motorcycle had dropped from 62 per cent to 46 per cent in the last financial year to 46 per cent. This ratio has gone up to LK 56 lakh units in LAK 84 lakh units, which increase due to the large number of rural rural demands and prices.
Significantly, premium motorcycle sales overturned 22% at the pre-Koved level in the previous financial year, while the overall two-wheeler sales are 94% of the pre-partner disease and 90% of the total motorcycle.
