India is Now World’s Biggest Two-wheeler Market
ACCORDING TO THE SOCIETY OF INDIAN Automobile Manufacturers (SIAM) and China Association of Automobile Manufacturers, 17.7 million (1.77 crore) two-wheelers were sold in India over the previous year. To put things in perspective, that translates into about 48,000 units every day. This was a clear lead over the Chinese market which sold 16.8 million (1.68 crore) units during the same year. Although most of the growth is owed to better incomes and a continuously developing infrastructure in the rural areas, statistics show that woman riders had a role to play as well. The number of women adopting a scooter for their daily commuting is now a considerable piece of the pie. Honda have revealed that 35 per cent of their scooter market are women.
One of the reasons why the Chinese twowheeler market lags behind is because of their fast-growing car market and also because of the number of restrictions they have placed on petrol-powered two-wheelers. Two-wheelers in China are slowly turning into battery-powered machines in an effort to curb the clear and present danger of pollution; a commendable line of thought that the Indian government should consider as well.