Industry at a Glance
Two-wheeler industry
Two-wheeler market in 2012-13
2011-12 2012-13
792069
0.8%
785941
3078768
6,000,000
2739692
8,000,000
12.4%
11953389
10,000,000
0.1%
11945344
12,000,000
15824226
14,000,000
15470977
16,000,000
2.3%
During 2012-13, the two-wheeler industry lost the growth momentum it created over the last few years. Sales grew marginally by 2.3%, with 15.8 million units of sales in 2012 - 13, compared to 15.4 million units in 2011-12. Motorcycle volumes—which make up the bulk of the industry — grew by just 0.1% from 11.91 million units in 2011-12 to 11.95 million units in 2012 -13. Similarly, sales of mopeds grew by 0.8%, from 0.78 million units in 2011-12 to 0.79 million units in 2012-13. The scooter category was the industry’s only bright spot, with 12.4% growth in sales, from 2.73 million units in 2011-12 to 3.07 million units in 2012-13.
4,000,000
Exports
2,000,000
For the two-wheeler industry as a whole, export sales declined by 0.3% to 1.8 million units—an indication of the difficult economic conditions around the world.
0
Two Wheelers
Motorcycle
Scooter
Moped
36 Hero MotoCorp Ltd.
annual report 2012-13