Vietnam (86%), Indonesia (85%), and Malaysia (83%) are the other three countries that have over 80% households that own either a motorcycle or a scooter. China is fifth on this list with 60% of all households owning a two-wheeler, followed by India (47%) and Pakistan (43%). The top 10 list is completed by Nigeria (35%), Philippines (32%), and Brazil (29%). Take a look at the full list below –
The Indian two-wheeler industry is a vast space, starting from Rs 44,999 (ex-showroom) for the TVS XL100 moped, going all the way up to a staggering price of over Rs 1 crore for the limited-run Ducati Superleggera V4. While commuter motorcycles and scooters dominate the two-wheeler segment in the country, the market has witnessed a huge demand for premium products in recent times, including electric scooters priced over Rs 1 lakh as well as 300 – 400 cc motorcycles.
Hero Karizma XMR 210 review: Is it worthy of the Karizma badge? | TOI Auto
The Indian market saw two new motorcycle launches this past week, first with the revival of the Karizma nameplate by Hero MotoCorp in the form of Hero Karizma XMR, and then later the new Royal Enfield Bullet 350 which is now based on the company’s new J-platform and gets more modern equipment like dual disc brakes and a new instrument cluster, as well as new colour options.