Hero MotoCorp becomes largest scooter exporter in India

Hero MotoCorp becomes largest scooter exporter in India
Highlights

Hero MotoCorp becomes largest scooter exporter in India.As per the figures released by SIAM, the export market for scooters (90cc - 120cc) saw an increase of 117.12 percent year-on-year with sales for the FY2014-15 amounting to 1,89,240 units, as opposed to 87,161 units in the FY2013-14.

As per the figures released by SIAM, the export market for scooters (90cc - 120cc) saw an increase of 117.12 percent year-on-year with sales for the FY2014-15 amounting to 1,89,240 units, as opposed to 87,161 units in the FY2013-14.

Hero MotoCorp saw a growth of 356.24 percent in its scooter exports with the company exporting 79,956 units in the FY2014-15, as against 17,525 units in the FY2013-14. These figures saw the company surpass Honda Motorcycles and Scooters (HMSI), to become India’s largest scooter exporter.

HMSI also saw a growth in scooter exports year-on-year with the company exporting 77,814 units in the FY2014-15 as against 51,932 units in the FY2013-14, a growth of 49.84 percent. This made it the second largest scooter exporter in the country.

TVS Motor Company maintained a linear growth in scooter exports with the company exporting 15,570 units in the FY2014-15, as against 11,923 units in the FY2013-14.

Other notable growths were for Suzuki Motorcycles India and Yamaha Motors with the former seeing its exports rise from 699 units in Fy2013-14 to 5,712 units in the FY2014-15. Yamaha Motors on the other hand saw scooter exports rise from 1,635 units in the FY2013-14 to 6,271 units in the FY2014-15.

Show Full Article
Download The Hans India Android App or iOS App for the Latest update on your phone.
Subscribed Failed...
Subscribed Successfully...
More Stories


Top