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Indian Two-Wheeler Exports Register Robust Growth in First Quarter

TL;DR

Indian two-wheeler exports showed strong growth in the first quarter of the financial year, driven by competitive pricing and increased global demand, solidifying India's role as a manufacturing hub.

The Indian two-wheeler industry has commenced the financial year on a strong note, with exports registering robust growth in the first quarter. Data indicates a significant uptick in shipments of motorcycles and scooters to various international markets, driven by competitive pricing, diverse product portfolios, and improved global demand. This positive trend underscores India's strengthening position as a global manufacturing hub for two-wheelers, contributing substantially to the national economy. Manufacturers are strategically expanding their global footprint, capitalizing on rising demand in emerging markets and optimizing supply chain efficiencies.

EvMotorcycleNews

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