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Two-Wheeler Makers’ Optimism At Odds With Ground Reality
Auto dealerships are worried about aggressive dumping of inventory as retail sales haven’t picked up as expected.
10 Nov 2020, 12:55 AM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![A workers wheels a scooter through the dispatch bay of the Hero MotorCorp plant in Gurugram, Haryana, India. (Prashanth Vishwanathan/Bloomberg)](https://media.assettype.com/bloombergquint%2F2020-03%2Fcd86b647-6065-458b-8681-9fbd8e4daed4%2FHero_Maestro.jpg?rect=0%2C96%2C4000%2C2250&auto=format%2Ccompress&w=200)
A workers wheels a scooter through the dispatch bay of the Hero MotorCorp plant in Gurugram, Haryana, India. (Prashanth Vishwanathan/Bloomberg)
India’s two-wheeler makers are shipping more scooters and motorcycles from their factories than last year, betting on a surge in demand in the festival season. Yet, dealerships are worried about aggressive dumping of inventory as retail sales haven’t picked up as expected.During October, Hero MotoCorp Ltd. said it dispatched a record 30,000 vehicles on a single day. Honda Motorcycle and Scooter India Ltd., Bajaj Auto Ltd., and TVS Mo...
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