Middle East

Reopening offices and institutions to increase motorcycle sales

New Delhi: The reopening of offices as well as educational institutions is expected to gradually boost motorcycle sales.

Therefore, further improvements will continue in February 2022, supported by the gradual relaxation of supply constraints, the reopening of offices and universities, the relaxation of travel restrictions, and the measures announced in the 2011 United Budget. is expected.

However, on a YoY basis, January 2022 segment sales were due to lower local demand, shifts in state-by-state limits during the third wave of Covid-19, and premium 2 production. I was depressed because of the restrictions. Wheeler segment.

“Domestic” 2W “sales volume continued to decline by 21% year-on-year in January 2022, but after declining for three consecutive months, it increased by 12% MoM in a row, increasing overall for scooters and motorcycles. It was seen, “said India Ratings and Research (Ind-Ra).

“Scooters outperformed motorcycles in January 2022, mainly due to the low base in December 2021.”

He also noted that the impact of the third Covid wave on economic activity is limited and that the restrictions are relatively relaxed compared to the previous wave, which also underpins MoM’s growth.

“Dealer inventories declined another 25-30 days in January 2022. A2W export sales increased 3% at MoM in January 2022, down 3% year-on-year.”

“Ind-Ra will be supported by gradual relief of supply constraints, reopening of offices and universities, relaxation of travel restrictions, and potential improvements in rural takeoff due to crop improvements, February 2022. Is expected to continue to improve. Production and measures announced in the 2011 Union Budget. “

https://www.siasat.com/re-opening-of-offices-institutions-to-boost-two-wheeler-sales-2278571/ Reopening offices and institutions to increase motorcycle sales

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