Why Honda could loose out to local rivals in India's scooter market

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Why Honda could loose out to local rivals in India's scooter market - Business Standard

Quick Summary:

With rising incomes across India and Southeast Asia, the sector is booming: McKinsey & Co reckons sales will grow at 8.

The most important plank of this shift was announced in India late last year with the rollout of the Activa e:, a battery-powered version of its top-selling local bike.

Ola Electric Mobility Ltd., which is laying off employees and bleeding losses after an initial public offering last year that valued it at $4 billion, still has a quarter of the market.