Kerni sees 6-8% CAGR for two-wheelers by 2030, GST effect Short-Term

Mumbai-India’s two-wheeler industry, the largest volume in the world, is estimated to increase by the growth rate by 130-at the growth rate–%. The report, “Indian to-Willer Industry: Themes to the Themes in the next age” has highlighted that out of which 3 million million units have been sold in $ 1-5 million-this department is already contributing about 15% of the total automotive industry of India.The study states that the demands are strong. The domestic ownership of the two -wheelers in India is 1.6 per domestic ownership of countries such as Vietnam (Home) and Indonesia (1.7). Million millions of new families are expected to be expected to be affordable for 100%of them, and the headerroom is important for growth.

Asked if GST was considered as a GST, Kerneny Principal Gaurav Chhabra said: “GST Benefit will lead to short-term purchase in the next-6 months. Our growth estimates the result of GST and therefore does not require improvement.

The report recognizes the four structural shifts that shape the industry: increasing scooter adoption in the urban market, increasing demand for feature-rich and premium variants, accelerating electric bicyclists, and expansion of gig and delivery economy. In the next five years, the Giga farming road could drive 7-8 million bikes.

By 2030, electric bicyclists are likely to have 30% of all bike sales or about 7 million units, the scooter has increased around 80% of the mixture. Tire -2 and Tire -3 cities are the leading of adoption, increasing two to three times above metro rates.

Chhabra pointed out that premium motorcycles would continue to grow despite the sensitivity of the wide market. “C350C CC Motorcycle Department, while growing, complementing the bottom of the con customer at a low cost, and buy these bikes for very specific use cases. We expect this department to maintain speed.