Two-wheeler exports rise 4% in H1 with Bajaj in lead
Bajaj Auto led by shipping over 9 lakh units to various markets. Two-wheeler dispatches, including motorcycles, scooters and mopeds, stood at 17,93,957 units in the first half, as compared to 17,23,280 units in the same period of 2018-19.
Two-wheeler dispatches, including motorcycles, scooters and mopeds, stood at 17,93,957 units in the first half of the current fiscal, as compared to 17,23,280 units in the same period of 2018-19.
Scooter exports during the period under review stood at 2,01,277 units, down 10.9% from 2,25,821 units in the April-September period of 2018-19. Motorcycle shipments, however, rose by 6.8% during the period at 15,85,338 units as against 14,84,252 units earlier.
Exports of mopeds were down by a massive 44.4% at 7,342 units as compared to 13,207 units in April-September period last year. Bajaj Auto led the segment with shipments of 9,34,581 units, up 7.5% from same period last fiscal, the data by the Society of Indian Automobile Manufacturers showed.
It was followed by TVS Motor Company and Honda Motorcycle & Scooter India which exported 3,43,337 and 1,74,469 units, respectively, during the period under review.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.