Two-wheeler Market Up 27% In Apr-July

New Delhi, Aug 25: | Updated: Aug 26 2002, 05:30am hrs
Two-wheeler sales went up by 27 per cent during the first four months of this fiscal on the back of a booming motorcycle market even as scooter and mopeds continued to post negative growth. A total of 15.9 lakh units were sold during April-July 2002-03.

Motorcycles and step-thrus, the backbone of the two-wheeler industry, posted a 47 per cent jump at 1.18 million units largely due to impressive sales by Hero Honda, Bajaj Auto, TVS Motor Company and Yamaha Motor.