Arguably one of the biggest markets for bikes in the world is India. Bike manufacturers around the globe are looking towards India to increase their annual unit sales as the growth in the country is only set to increase in the coming years.
So how are the sales of bikes in India? Are Indian manufacturers leading the table or have international brands made significant inroads into the coveted two-wheeler industry in India?
Let us look at the sales of June 2017. With Goods and Service Tax (GST) implemented by the government of India, there were apprehensions among buyers if the prices of bikes will drop or increase leading to the postponement of purchases.
The month of June 2017 witnessed lower sales for every motorcycle manufacturer compared to May 2017, especially bigger brands like Bajaj.