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  • 5 Post By whymail
  • 2 Post By 111diablo111
  • 2 Post By princesirohi

Thread: Sales of 500cc+ bikes in India doubles!

  1. #1
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    Default Sales of 500cc+ bikes in India doubles!

    In a year in which motorcycle sales have hit a slump, with leading companies like Bajaj and Hero taking a beating in terms of volumes, the bigger badder bikes have been growing steadily.



    According to Society of Indian Automobile Manufacturers (SIAM), the sales of 500cc+ bikes has doubled in the last one year. From 9000 units the market has grown to 16000 thousand units. This segment is still tiny compared to the overall sales of 10 million motorcycles, but it is growing fast and has a positive future.

    Industry analysts see this sector continuing to grow at 25%. Young and old are buying into this sector, with women joining in the fray as well. But even now, parts and service is difficult in non-metros, posing a major handicap to growth. The Northeastern states and Tier II cities are also showing a healthy growth in this sector.

    Harley, Hyosung and Royal Enfield have all seen steady growth. Harley increasing its sales from 500 to 1300 units. Hyosung has sold 1200 units in the last 6 months and RE 113432 units in total, a growth of 52%.

    Source: Super bikes overtake slowdown, double sales in one year - The Economic Times

  2. #2
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    Default Re: Sales of 500cc+ bikes in India doubles!

    News Approved
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    Default Re: Sales of 500cc+ bikes in India doubles!

    thats good to know!
    let me do my part by getting a ninja 650 & contributing to these numbers [wife willing ;-)]
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    Default Re: Sales of 500cc+ bikes in India doubles!

    this is real good.i mean we are taking small steps in the right direction.with the economy shaky as it is, if we arent slowing down in regards to high capacity bikes then think where we will be a couple of years down the line.

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    Default Re: Sales of 500cc+ bikes in India doubles!

    this is good news, but i can't find these numbers on SIAM website.

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    Default Re: Sales of 500cc+ bikes in India doubles!

    They should not include RE's sales in the total numbers
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    Default Re: Sales of 500cc+ bikes in India doubles!

    well something good happening in india...

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    Default Re: Sales of 500cc+ bikes in India doubles!

    I still think that the increase in sales is mostly among the cruisers in the 500-1000cc segment and also largely because some companies like HD are going to slash down their prices(if they have not done it already). The sales of Sport and Sport Tourers like Ninja 650, GT650 will have to increase too to indicate a complete growth.
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    Default Re: Sales of 500cc+ bikes in India doubles!

    nobody answered my question, where did these figures came from....??i found no information on SIAM website. where did these news paper guys got their numbers from..??

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