While domestic 2W will grow by 7-8 per cent (13 per cent up in motorcycle volumes in FY25 till August), there's weakness in the 100cc segment with low single-digit growth
This is part of the larger strategy to strengthen presence in the premium segment where rival Bajaj Auto and Royal Enfield have a stronghold and in which even TVS Motor Co is making rapid strides in
RattanIndia Enterprises said it was buying the stake it did not already own in electric motorcycle maker Revolt Motors, at a time when eco-conscious consumers are turning to alternative vehicles
The domestic slowdown and growing acceptability of Made-in-India brands offer opportunities to accelerate the drive to global markets
Indian Motorcycle is seeking to replicate the growth in India which it has witnessed in other global markets, and expects to garner 25-30 per cent market share in the premium motorcycle segment
In a first, Indian Motorcycle launches leasing facility in India for its bikes
Besides, the super bike maker announced a tie-up with Orix India to offer its models on lease
A wholly-owned division of Polaris Industries, it is present in the 1,200-cc and above super bike segment in India and sells nine models