Two-wheeler industry expects robust growth in upcoming festive season: TVS

Two-wheeler industry expects robust growth in upcoming festive season: TVS

The two-wheeler industry is expected to witness robust sales in the upcoming festive season, riding on the back of strong revival in rural demand and bountiful monsoon so far, according to TVS Motor Company Senior Vice President – Head Commuter Business Aniruddha Haldar. In an interaction with PTI, he noted that the growth in the … Read more

Two-wheeler industry to grow by 8 pc, tractors by 4pc annually: Report

Two-wheeler industry to grow by 8 pc, tractors by 4pc annually: Report

The two-wheeler (2W) industry is anticipated to grow in high single digits, with an estimated 8 per cent year-on-year (YoY) increase whereas the tractor industry is anticipated to see marginal growth of approximately 4 per cent YoY in the domestic market, according to a report by Nuvama, a wealth and investment firm. The growth of … Read more

Uptick in rural demand to propel two-wheeler industry: TVS Motor chief

Uptick in rural demand to propel two-wheeler industry: TVS Motor chief

New Delhi: The domestic two-wheeler segment will continue on growth path in the current fiscal on the back of factors like normal rainfall and uptick in rural demand, according to TVS Motor Chairman Ralf Speth. Speaking at the company’s annual general meeting (AGM), he noted that in partnership with BMW Motorrad, TVS will be working … Read more

Bajaj Auto: What is the value proposition of a CNG bike vs EV & ICE models? Bajaj Auto’s Rakesh Sharma answers

Bajaj Auto: What is the value proposition of a CNG bike vs EV & ICE models? Bajaj Auto’s Rakesh Sharma answers

Rakesh Sharma, ED, Bajaj Auto, explains the logic behind launching a CNG motorcycle. He says the company expects this to be a pivotal point in the development of the two-wheeler industry in the country. And if we have to take the government at face value, which there is no reason to disbelieve, the CNG network … Read more

hero motocorp share price: Hero MotoCorp’s market cap reaches Rs 1 lakh crore

hero motocorp share price: Hero MotoCorp’s market cap reaches Rs 1 lakh crore

New Delhi: The country’s largest two-wheeler maker Hero MotoCorp’s market cap reached Rs 1 lakh crore for the first time on Tuesday as its stock crossed the Rs 5,000 mark. Hero’s stock has surged 85.42% in the last 12 months and 21.8% so far this year. Investors have been upbeat on the stock on the … Read more

Hero MotoCorp: Expect two-wheeler industry to see double-digit revenue growth next fiscal, says Hero MotoCorp CEO

Hero MotoCorp: Expect two-wheeler industry to see double-digit revenue growth next fiscal, says Hero MotoCorp CEO

The domestic two-wheeler industry is expected to witness a double-digit revenue growth next fiscal with demand for premium models anticipated to gain further momentum, according to Hero MotoCorp CEO Niranjan Gupta. The country’s largest two-wheeler maker, which reported a total income of Rs 10,031 crore in the October-December quarter this fiscal, also expects the entry … Read more