Motorcycle sales up 8 percent in January

22. April 2021

In January 2021, Honda Motorcycle & Scooter India (HMSI) reported an 8 percent increase in their sales figures to a total of 437,183 units. In the same month last year, 403,406 units were sold. Domestic sales totaled 416,716 units in January, up from 374,091 a year earlier. HMSI sales manager Guleria said his company expects double-digit growth this year, making it the top performer in the industry.

 

Guleria anticipates an upswing in the fourth quarter of 2021 for a variety of reasons. For one, universities and colleges will reopen, and for another, public life will return to normal due to the Covid-19 vaccination, increasing the demand for two-wheelers to commute in urban areas. Guleria also brought up that the Indian government has announced numerous subsidies for 2021 that will directly or indirectly support the two-wheeler and automotive industries. Among other things, the government has allocated additional funds to develop road infrastructure, launched a program to improve healthcare, increased the price of procuring agricultural produce from farmers and introduced a scrappage scheme. Honda will also unveil a new two-wheeler model this month, which sales manager Guleria says has very good potential to become a big seller.

In India, certification is mandatory for introducing parts or components for two-wheelers to the market. AIS stands for Automotive Industry Standards, the technical automotive standards for India, while TAC stands for Type Approval Certificate. This kind of automotive product certifiation is conducted by authorities like the International Center for Automotive Technology (iCAT).

Depending on the product category, there are different certification steps. We will be happy to advise you on certification in India like AIS, BIS, WPC, TEC or PESO and are always available to answer your questions.

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