India Two Wheeler Market Analysis: Key Drivers and Challenges
India Two Wheeler Market
The Indian two-wheeler market is projected to reach ₹1.2 trillion₹1.2 trillion by 2025, driven by urbanization, affordable finance, and electrification. Over 20 million units were sold in 2024, with EVs capturing 18% market share. Recent policy updates under FAME III include subsidies for lithium-ion battery swaps and tax rebates...
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