• SENSEX
    NIFTY 50
Auto

Resurgent rural economy fuels demand for premium bikes as scooter sales decline

Updated : April 26, 2019 12:18 PM IST

The decline was pronounced in the 110 cc segment—the top-selling segment for most two-wheeler makers—where the sales fell by nearly 10 percent, while the 125 cc category is estimated to have grown by 47 percent in FY19.
Premium segment continues to show strong growth, with Yamaha’s popular bike R15 registering a 131.4 percent sales growth.
Nevertheless, Motilal Oswal backs four-wheeler makers as the impact of BSVI is minimal and the stable competitive environment.
Resurgent rural economy fuels demand for premium bikes as scooter sales decline
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV