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Rural two-wheeler sales race past urban markets in a first since Covid

Business Standard LogoBusiness Standard5h ago

Rural two-wheeler sales race past urban markets in a first since Covid - Business Standard

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For the first time since Covid-19, growth in two-wheeler sales in rural India has surpassed that in urban areas during the April to July period this year.

The two-wheeler industry grew by 13.5 per cent during this period, with rural sales increasing by 14.5 per cent compared to 12 per cent growth in urban areas.“This is primarily because the economic situation in rural areas is improving and there is a significant infrastructural push from the government,” said Yogesh Mathur, director of sales and marketing at Honda Motorcycle and Scooter India (HMSI).


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-25 @ 23:34:41 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 111 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22249485

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Official Website: business-standard.com

Update Frequency: 152 posts per day

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News Last Updated: 5 hours ago

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