The Evolution Of The Indian Biking Segment In The Last 10 Years
- Jun 20, 2022
- Views : 9918
2021 is on the verge of ending and the businesses are still picking up pace. The Indian two-wheeler market has been seeing quite some peaks and valleys in terms of sales lately. Even some of the rather popular bikes have witnessed notably lower sales in November 2021. Here’s the full breakdown.
Model |
November 2021 Sales |
November 2020 Sales |
76,149 units |
1,79,426 units |
|
28,935 units |
41,838 units |
|
19,602 units |
48,355 units |
|
19,601 units |
39,931 units |
|
7,638 units |
16,522 units |
Despite being one of the most affordable bikes from Hero, the HF Deluxe’s sales have taken a hit by almost a lakh units. Covid has not only caused monetary damage but also lessened the purchasing power for the common man. Health and fitness have moved up the priority ladder than having a second bike in the garage.
The TVS Apache and Bajaj Pulsar range sales have boiled down to 60 percent and 50 percent respectively. Apart from Covid, it’s also the rising fuel prices that’s making people more inclined to use public transport than using their own vehicle. Not to mention, the inflation rate is at an all-time high too.
Companies are also struggling with timely deliveries of the bikes. For reference, the Royal Enfield Classic 350 has a waiting period of as long as 2 months due to the slow production caused by the shortage of chipsets.
All said and done, the gradual rise of EV mobility is also evident, thanks to the lower cost of running an electric scooter/bike and the subsidies as well. However, if electric mobility will effectively take over the petrol-powered two-wheelers is something we’ll have to notice over a few months from now.
8,392 units |
5,848 units |
On the bright side, the Yamaha R15 seems to be enjoying better sales than before. This could probably be a result of the launch of the R15 V4. This means the new variant is likely enjoying its honeymoon period sales.
The Evolution Of The Indian Biking Segment In The Last 10 Years
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