Mumbai, June 9 (IANS). The sale of two-wheelers in India is expected to cross the pre-covid level in FY 2025-26 to increase the pre-coved level. This information was given on Monday in the Care’s Ratings report.
The report stated that a decrease in inflation, raising the exemption limit on individual income tax up to Rs 12 lakh, the RBI is expected to further improve the consumer sentiment from the beginning of this year and the good monsoon can further improve the consumer sentiment and the sale of two-wheelers can cross pre-coord levels.
Carey ratings further stated in the report that for the last three years, there has been continuous volume growth in the industry. It was 8 percent in FY 23, it was 10 percent in FY2 24 and 11 percent in FY 25.
According to the report, the reason for the increase in volume in FY 25 was 21 percent of shipment in export and 9 percent sales at the domestic level.
Madhusudan Goswami, Assistant Director, Carey Rating, said, “Carey ratings estimate that the two-wheeler sales will surround the pre-coved levels with a good volume increase of about 8-9 percent in FY 26, which will help 12–14 percent in export volumes and 6-8 percent of domestic sales quantity.”
The share in the total retail registration of rural areas in FY 25 was 58.30 percent, which was slightly higher than the FY 2024 figure. Wholesale sales in FY 25 were 23.81 million units.
The report said that the change in consumer’s choice towards scooters and executive motorcycles has also given a new look to the market, indicating changing patterns of demand.
-IANS
ABS/
