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Two-wheelers are a necessity and not luxury in the current Indian context and taxes on these vehicles must be reduced as the industry is staring at a single-digit growth next fiscal with affordability becoming an issue, according to a senior executive of Honda Motorcycle and Scooter India. There is also a requirement for income tax rationalisation to enable middle-income people start spending again, Honda Motorcycle and Scooter India (HMSI) Director Sales and Marketing Yogesh Mathur told PTI in an interview. In the ongoing fiscal, motorcycle sales have not done as well as the scooter segment due to softness in demand from rural market, due to a variety of factors including delayed monsoons, he added. "From the rationalisation of GST (point of view), we have been requesting the government to really take care of (it) because two-wheelers are actually not a luxury. It is a necessity for our people to commute," Mathur said when asked about demands from the industry for a cut in taxes on
Two-wheeler maker Suzuki Motorcycle India Pvt Ltd (SMIPL) on Friday launched its first electric scooter, e-Access, as well as two other models at Bharat Mobility Expo 2025. Expanding its presence in the Indian two-wheeler market, Japan-based Suzuki Motor Corporation's subsidiary, SMIPL, has taken a significant step towards electric mobility with e-Access. Besides, it launched GIXXER SF 250 Flex Fuel, its first E-85 fuel-compliant motorcycle for the Indian market. E85, also known as flex fuel, is a blend of gasoline and ethanol. Suzuki Motor Corporation, Japan, Representative Director and President Toshihiro Suzuki said India is the largest market for the company and we are committed to it. "By staying true to our mission of creating products of superior value and focusing on customer satisfaction, we aim to grow further in the motorcycle business and contribute meaningfully to customers' needs," he said. Further, Toshihiro Suzuki resonated with the company's commitment to carbon