Two-wheeler industry races 15-17% ahead; moderate growth of 2-4% seen in 2025 from a high base
India's two-wheeler industry grew 15-17% in 2024, driven by ICE motorcycles and scooters, and electric vehicles. An estimated industry growth of 2-4% is expected this year, with premium segments and EV sales projected to rise further despite potential price increases and regulatory changes.
India's two-wheeler industry grew 15-17% in 2024, driven by ICE motorcycles and scooters, and electric vehicles. An estimated industry growth of 2-4% is expected this year, with premium segments and EV sales projected to rise further despite potential price increases and regulatory changes.
