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Indian two-wheeler sales surge 14% in festive season, driven by rural demand and good monsoon.
Two-wheeler retail sales in India saw a 14% growth during the recent festive season, boosted by improved rural demand and a healthy monsoon.
Credit rating agency ICRA predicts a 11-14% growth in wholesale volumes for the two-wheeler industry in the next fiscal year, driven by steady replacement demand and better rural incomes.
Despite the retail surge, high inventory levels have limited wholesale volume growth.
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Las ventas indias de dos ruedas aumentan un 14% en temporada festiva, impulsadas por la demanda rural y el buen monzón.