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Two-Wheeler Market Growth in India by Sancheet Wagle is a document available to read on EtoBox.
The two-wheeler market in India saw strong growth from 1997-2007, especially for motorcycles which grew at a CAGR of 25.6%. However, in 2007-2008 sales declined as interest rates increased and credit availability tightened. Specifically, overall two-wheeler sales fell 4.8% and motorcycle sales declined 7.8%. This decline was felt more acutely by Bajaj Auto as its motorcycle sales fell 10.1%, slightly more than the industry average, due to its greater presence in the highly competitive 100cc segment where sa
- Author
- Sancheet Wagle
- Language
- EN