Gasoline Driven Scooter and Motorcycles Making Commutation Convenient in India
India is a growing economy. With the rising per capita income of the Indian middle class, their purchasing power has also increased. Considering the comfort and ease that two-wheelers provide, most middle-class households try and acquire at least one two-wheeler for managing their daily life needs. Where, scooter was the favorite two-wheeler of Indian buyers, the trend has considerably changed in the past two decades and the sales of bikes have boomed in India.
Why Indian Population Prefer Two-Wheeler
Two-wheelers are most convenient for shorter route commutations. A huge population, despite having personal cars, prefer scooters and motorcycles as they provide the ease of driving and can be parked easily in congested areas.
Motorcycles and scooters are affordable and convenient. Thus, people are more inclined to purchase a bike or a scooter.
India is world’s third largest two-wheeler producer. There are many reasons for this large-scale manufacturing, such as the increasing population and the inclination of people toward buying two-wheelers
History of Two-Wheeler Vehicles in India
It all began when Bajaj Auto began trading Vespa scooters in 1948, by importing them. In 1960, Bajaj started the manufacturing in collaboration with Piaggio of Italy.
Earlier, foreign companies were not allowed to operate in India. And, the manufacturing was sluggish, increasing the waiting period went up to being as high as 12 months. The two-wheeler market was opened to foreign competition in the mid-80s.
Two-wheeler industry in India was slow in the 50s, 60s and 70s due to government restrictions. The two- wheeler industry saw a sudden growth in the 80s due to the relaxation given to the FDI
Even with rising fuel prices, why people prefer gasoline two-wheelers
1.Operates on lesser fuel
2.Gives higher milage
3.Parking is very convenient
Two-wheeler players in India
India is one of the largest two-wheeler markets globally. To talk about some major players, Hero MotoCorp Ltd., Honda Motorcycle, and Scooter India Pvt. Ltd, Bajaj Auto Ltd, TVS Motor Company Limited., Yamaha Motor India Pvt. Ltd., Royal Enfield Ltd India, Suzuki Motorcycle India Pvt. Ltd., Mahindra Two Wheelers Limited, KTM AG, and Piaggio & C. SpA are the most popular brands.
Two-wheeler are the most preferred mode of short- distance transportation for Indians. Even with rising prices of fuel, people prefer scooters and bikes as they are convenient and affordable.
Get More details India Gasoline Scooter and Motorcycle Market Size, Trends, Business Opportunities and Top Manufacture
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