Delhi Delhi: Bajaj Auto executive director Rakesh Sharma on Wednesday said that motorcycle sales in the current festive season have been lower than expected as demand is low and it would be fortunate for the industry to see 3- There are still about 15 days left for festive sales this month, but as a result of slow growth in motorcycles, the overall growth prospects of the two-wheeler industry for the entire financial year may also be affected, he said.
“The response in the motorcycle industry is a bit low in the sense that we had thought there would be around 6 to 8 per cent growth in the festive period, but it is not so much. It is 1-2 per cent, which is the same as last year,” Sharma told reporters. Almost the same as the same period of the year.” He said the expectation was that till Dussehra the growth would be around 6 to 8 per cent.
“There are still 15 days left. We have seen many times that the demand could be very low and may surprise us within a few weeks, but I don't think it will be in high numbers, 8 per cent or even more,” Sharma said. ..We will be lucky if we see 3-5 per cent growth for the industry this festival season compared to last year.” While sales have declined in the south and east, central regions like Uttar Pradesh have performed well in terms of motorcycle sales.
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