Synopsis: India's scooter sales have surged by 16.6% between April and February, nearing 6.3 million units. This growth positions the market to surpass pre-pandemic sales figures, with experts projecting sales to exceed 6.7 million units by fiscal year's end.
India's scooter market is experiencing a remarkable resurgence, with sales growth outpacing that of motorcycles. Between April and February of the current fiscal year, scooter sales increased by 16.6%, reaching nearly 6.3 million units. Industry experts anticipate that sales will not only surpass the 6.7 million units achieved in FY2019 but may also exceed the record 6.72 million units of FY2018, according to data from the Society of Indian Automobile Manufacturers (SIAM).
Market Dynamics:
The scooter segment's growth contrasts with the motorcycle market, which has seen more modest gains. In the April-November 2024 period, scooter sales jumped by 21%, while motorcycle sales grew by only 10%, highlighting a significant shift in consumer preference towards scooters.
Electric Scooter Adoption:
The adoption of electric scooters is also on the rise. In the April-November 2024 period, electric scooter sales accounted for 10.49% of total scooter sales, amounting to 502,165 units. This growing interest in electric mobility is further evidenced by the cumulative retail sales of electric two-wheelers (e2Ws) reaching over a million units between April 2024 and February 2025, a 26% year-over-year increase.
Key Contributors:
Honda Motorcycle & Scooter India (HMSI): In February 2025, HMSI achieved record sales of 422,449 vehicles, comprising 383,918 units domestically and 38,531 units exported.
Bajaj Auto: Despite earlier concerns over festive sales, Bajaj Auto reported a 1-2% growth in motorcycle sales during the festive season, contributing to the overall market's performance.
Conclusion: The scooter industry's robust growth signifies a pivotal shift in India's two-wheeler market, with scooters increasingly favored over motorcycles. This trend is bolstered by the rising adoption of electric scooters, reflecting a broader move towards sustainable mobility solutions. As the fiscal year concludes, sales are expected to not only meet but potentially exceed pre-pandemic levels, underscoring the sector's resilience and adaptability.
Disclaimer: The information provided in this article is based on publicly available sources and is intended for informational purposes only. It should not be construed as financial or investment advice. Readers are encouraged to conduct their own research or consult with industry experts before making any decisions based on the content.
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