India's Two-Wheeler Exports Grew 4% In First Half Of FY2019-20

Amidst slowdown in domestic sales, India's two-wheeler exports have recently witnessed 4 per cent growth in the first half (H1) of the financial year 2019-20 (FY 2019-20). According to the data shared by the Society of India Automobile Manufacturers (SIAM), the total two-wheeler exports, including motorcycles, scooters and mopeds, reached 17,93,957 units in the H1 of the current fiscal year, as against the 17,23,280 units exported during the same period in the financial year 2018-19. However, in the domestic market, the total two-wheeler sales went down by 16.18 per cent in H1 at 96,96,733 units, from 1,15,68,498 units sold during the same period last year.

Also Read: New Vehicle Registrations Fall By 12.9 Per cent In September 2019: FADA

Motorcycle exports grew by 6.81 per cent during the current fiscal at 15,85,338 units, compared to the shipments of 14,84,252 units exported between April-September FY 2018-19. On the other hand, scooter exports for the said months fell by 10.87 per cent to 2,01,277 units, from 2,25,821 units during the same period in the previous fiscal year. At the same time, exports of mopeds witnessed the highest de-growth of a massive 44.41 per cent at 7,342 units, compared to the 13,207 units exported in the April-September period last year.

lbofv52k

Bajaj Auto is in the lead with total exports accounting for 9,34,581 units in H1 of FY 2019-20

Interestingly, Pune-based Bajaj Auto has become the top exporter of two-wheelers in India, accounting for 9,34,581 units out of the total vehicles exported by the Industry, witnessing a growth of 7.5 per cent. Chennai's TVS Motor Company was the second-highest exporter in the H1 of FY2019-20 with 3,43,337 units, witnessing a growth of 6.24 per cent. Honda Motorcycle & Scooter India (HMSI) took the third spot by exporting 1,74,469 units, but with a de-growth of 23.09 per cent compared to what the company exported during the same months of last fiscal year.

As for other manufacturers, India Yamaha Motor exported 1,56,058 units, up 21.38 per cent from last fiscal year, while India's leading two-wheeler manufacturer, Hero MotoCorp exported just at 92,823 units, down by 12 per cent compared to exports in April-September FY 2018-19. Suzuki Motorcycle India's exports stood at 54,372 units, up 35.61 per cent, while Royal Enfield, Piaggio, and Mahindra Two Wheelers exported 22,956, 14,050, and 297 units respectively.

(With Inputs From PTI)



from CarandBike - Latest News

Comments

Post a Comment

Popular posts from this blog

Harley-Davidson Streetfighter Spotted In Flesh For The First Time

Image
Harley-Davidson unveiled a range of new motorcycles last year that included an adventure tourer, streetfighter and Custom range. This, along with the LiveWire electric motorcycle defines the new-age 21st century offerings from the manufacturer as it taps into newer markets and caters to an evolving customer base. Now, giving a glimpse of the new models out in the open, the new Harley-Davidson Streetfighter was spotted in the prototype version at what seems to be a trade show in the US, giving a good glimpse at motorcycle looks like in flesh. While board says 'Styling Prototype', the production-spec version of the Streetfighter is likely to stay identical to the model showcased here. In addition to the Streetfighter, the Pan America was also showcased at the same event. The production spec versions of both bikes could be unveiled at EICMA this year. Also Read: Harley-Davidson Livewire To Be Unveiled In India In August The Harley-Davidson Streetfighter is a completely new mot
Read more

Brixton 1200 To Rival Triumph Bonneville T120

Image
A 1200 cc modern classic with similar design lines as Triumph's iconic Bonneville series, has reportedly been cleared for production. The bike was showcased as a concept at last year's EICMA motorcycle show, and from the looks of it, this is a model developed in China with the Triumph Bonneville T120 in its sights. The Brixton brand though is part of Austria's KSR Group, which imports bikes from several Chinese manufacturers, including CF Moto. And while the new Bonneville rival will be manufactured in China, the design and engineering has been created at KSR's design centre in Krups, Austria. Also Read: Triumph Bonnville T120 First Ride Review The Brixton 1200 cc motorcycle has not been named yet, or a launch timeline announced So far, the company has not committed to a launch date yet, but says that it will eventually make it to production. And from the looks of it, that may well be sometime later this year, maybe even at the EICMA 2020 show in Milan, Italy, in
Read more

Zongshen Cyclone RX6 Based On Norton 650 Nearing Completion

Image
While there still doesn't seem to be a buyer for iconic British brand Norton Motorcycles which went into administration in January this year, the firm's 650 cc parallel-twin seems to be finding life in China. While Norton apparently sold off the engine rights of its 961 engine to China's Jinglang just before the brand went into administration, the deal for the 650 cc engine was finalized way back in 2017 with Chinese giant Zongshen. The 650 cc parallel-twin engine was due to be used in Norton's Atlas and Superlight models, but now it looks like that engine platform will make its debut in a Zongshen motorcycle, called the Cyclone R6. Also Read: How Much Is Norton Motorcycles Worth Now? One of the patent designs shows the Cyclone RX6 with full touring accessories and luggage Two prototypes fitted with the 650 cc parallel-twin engine were shown in China late last year, on the Zongshen Cyclone RX6 adventure bike and the RX6 sport tourer. Both bikes used Zongshen-made
Read more