Two-wheeler exports up 4% in April-September; Bajaj Auto leads the pack

Two-wheeler exports up 4% in April-September; Bajaj Auto leads the pack

Two-wheeler dispatches, plus motorcycles, scooters and mopeds, stood at 17,93,957 units in the first half of the current fiscal, as compared to 17,23,280 units in the same period of 2018-19.

AgenciesUpdated: Monday, October 21, 2019, 08:30 AM IST
article-image

New Delhi: Two-wheeler exports rose by over 4% in the April-September period of the current fiscal, with Bajaj Auto leading the segment by shipping over 9 lakh units to various markets, including Africa and Latin America, as per latest data by industry body SIAM.

Two-wheeler dispatches, plus motorcycles, scooters and mopeds, stood at 17,93,957 units in the first half of the current fiscal, as compared to 17,23,280 units in the same period of 2018-19.

Scooter exports during the period under review stood at 2,01,277 units, down 10.87% from 2,25,821 units in the April-September period of 2018-19.

Motorcycle shipments, however, rose by 6.81% during the period at 15,85,338 units as against 14,84,252 units earlier.

On the other hand, exports of mopeds were down by a massive 44.41% at 7,342 units as compared to 13,207 units in April-September period last year.

Pune-based Bajaj Auto led the segment with shipments of 9,34,581 units, up 7.5% from same period last fiscal, the Society of Indian Automobile Manufacturers (SIAM) data showed.

It was followed by TVS Motor Company and Honda Motorcycle & Scooter India (HMSI) which exported 3,43,337 and 1,74,469 units, respectively, during the period under review.

Bajaj exports its bikes to over 70 countries and last year dispatched around 40% of its total production to Africa, Latin America and Middle East markets. The company exported around 20 lakh units last fiscal.

RECENT STORIES

Infosys Q4 FY24 Earnings: 1.3% Revenue Growth, 30% Surge In Net Profit YoY

Infosys Q4 FY24 Earnings: 1.3% Revenue Growth, 30% Surge In Net Profit YoY

Gold Falls ₹250 To ₹73,700 Per 10 Grams; Silver Stays Flat

Gold Falls ₹250 To ₹73,700 Per 10 Grams; Silver Stays Flat

Style Revival: Piaggio's Refined Vespa 140th Edition Limited

Style Revival: Piaggio's Refined Vespa 140th Edition Limited

Force Gurkha 5-Door Interior Teaser Hints at Exciting Features Before India Debut

Force Gurkha 5-Door Interior Teaser Hints at Exciting Features Before India Debut

Hindustan Zinc Says It Becomes 3rd Largest Silver Producer Globally

Hindustan Zinc Says It Becomes 3rd Largest Silver Producer Globally