2-wheeler exports from India rise 19.5% in Apr-jan

NEW DELHI: At a time when twowheeler manufacturers are finding sales moving at a slow pace in the domestic market, their exports have risen by 19.49% in the April-january period this fiscal, according to the latest data from auto industry body Society of Indian Automobile Manufacturers (SIAM).

Total two-wheeler exports during t he period s t ood at 2,759,935 units as compared with 2 , 3 0 9 , 8 0 5 units a year ago, showed the SIAM data.

The growth in exports of twowheelers from the country is driven mainly by motorcycles and scooters.

Motorcycle shipments to foreign markets during the period stood at 2,412,800 units as against 2,034,250 units in the corresponding period last fiscal, up 18.61%.

Likewise, scooter exports zoomed by 26.67% to 332,197 units as compared to 262,253 units in the year-ago period, SIAM said.

Exports of mopeds grew by 12.3% to 14,938 units, against 13,302 units a year ago.

Recovery in markets such as Africa and Latin America has helped two-wheeler manufacturers crank up their exports from India, industry observers said.

Leading the two-wheeler export bandwagon is Bajaj Auto, which shipped a total of 1,450,766 units in the April-january period, a jump of 24.87%.