TL;DR
Indian two-wheeler exports declined 16% in the last fiscal year due to global challenges, but manufacturers are optimistic about recovery through diversified strategies and new trade agreements.
Indian two-wheeler manufacturers are navigating a challenging export landscape, with volumes experiencing headwinds due to global economic uncertainties and geopolitical issues. While exports witnessed a decline of 16% in the recent fiscal year, manufacturers remain optimistic about a gradual recovery. The industry is focusing on diversifying market strategies and strengthening its presence in stable regions like Latin America and select African nations. By enhancing product competitiveness, exploring new trade agreements, and adapting to shifting global demands, Indian two-wheeler giants aim to regain momentum and solidify their position in international markets.
