Business Standard

Thursday, December 26, 2024 | 07:36 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Entry-level bike sales in slow lane despite rural demand turnaround

Between April and July 2024, 125cc segment saw 21% growth against 46.5% in 125-150cc segment

bajaj auto pulsar bikes two wheelers
Premium

Sohini DasShine Jacob Mumbai/Chennai

Listen to This Article

Entry-level bikes have not gained from the revival in motorcycle sales in rural areas, and are increasingly ceding ground to bikes in the 125-150cc segment.

In motorcycle sales, rural areas have, for the first time since the pandemic, outpaced urban segments.

The 125cc bike segment has seen 21 per cent growth between April and July 2024, while it has been 46.5 per cent for the 125-150cc segment.

Industry insiders and analysts say there is a trend towards premiumisation in motorcycles for some time now.

The data from the Society of Indian Automobile Manufacturers (Siam) shows motorcycles with

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in