![]() Hero MotoCorp’s exports in 2016 declined by 3.2 percent in 2016 when compared to the same time in 2015. ![]() HMSI exports its motorcycles and scooters to over 30 countries in Latin America, Europe, Middle-East and neighboring nations like Nepal, Sri Lanka, and Bangladesh.Īlso read: Top 10 two-wheeler manufacturers in India The company exported about 2.61 lakh units when compared with 1.93 lakh units in 2015. The company registered a growth of 9.6 percent in its domestic sales in 2016 and its exports have grown by about 35 percent. Honda Motorcycle & Scooter India (HMSI) had a good run in 2016. ![]() The company exports its two-wheelers to over 50 countries across Asia, Africa and Latin America. TVS exported over 3.52 lakh units of its two-wheelers (including motorcycles, scooters and mopeds) as against 3. Hosur based TVS Motor Company’s exports declined marginally by about 1.6 percent. The exports declined by over 17 percent but the Pune based two-wheeler manufacturer remained on the top spot. The company exported over 12.14 lakh units of its motorcycles in January-December 2016 as against 14.69 lakh motorcycles a year ago. Major markets in Latin America and Africa continued to reel under high inflation and currency devaluation thereby impacting demand for vehicles exported from India.īajaj Auto exported the most two-wheelers out of the country in 2016. The industry exported over 24.60 lakh units in 2015. NEW DELHI: The Indian two-wheeler industry exported over 22.9 lakh units in the calendar year 2016 registering a decline by 6.76 percent over calendar year 2015.
0 Comments
Leave a Reply. |