TVS, Suzuki, Piaggio gain scooter market share

New Delhi: TVS Motor Co, Suzuki Motorcycle India and Piaggio have gained shares in the Indian scooter market, which witnessed a marginal decline in sales in 2018-19. According to the latest data by SIAM, scooter sales in India stood at 67,01,469 units in 2018-19 as against 67,19,909 units an year-ago.  TVS Motor co, sold 12,41,366 units registering 12.94 pc growth, and the market share increased to 18.52 pc in FY 19. Suzuki Motorcycle India Pvt Ltd (SMIPL)’s scooter sales grew by 46 pc at 6,15,520 units thus improving the market share to 9.1 pc. Piaggio Vehicles grew by 14 pc in its scooter sales with 77,775 units.  Market leader Honda Motorcycle and Scooter India sold 36,80,403 units a decline of 3.7 pc.