Printed On Nov 26, 2021 07:00:00 AM
Of the 5 fashions that registered a development in gross sales, three of them are 125cc scooters.
The scooter market in India is but to choose up steam, having borne the brunt of the COVID-induced gross sales decline over 18-odd months. The brand new work-from-home dynamic in city India, faculty and faculty closures and excessive petrol costs have hit this sub-segment arduous. Within the April-October interval, a complete of 4,67,161 scooters had been bought, which is 21 % down over year-ago gross sales of 5,90,507 items.
Suzuki Entry, Burgman and NTorq highest-selling 125cc scooters
Round seven new 125cc scooters launched these previous few months
125cc fashions contribute 30 % in gross sales figures of the highest 10 contenders
Nonetheless, this market efficiency additionally mirrors the efficiency of the general two-wheeler business – 15,41,621 items or 25 % gross sales decline (as in opposition to 20,53,814) – and that of the motorbike phase – 10,17,874 (-26 %/13,82,749 items). That is the rationale why OEMs are consistently looking out for ‘white areas’ or niches the place they spot a possibility to develop, regardless of troublesome market circumstances. The 125cc scooter market is one such alternative and OEMs are seizing it adroitly.
India’s petrol-engined scooter market, which has 18 merchandise from seven producers within the fray, is seeing appreciable motion within the 125cc area. The previous few months have seen a gaggle of recent merchandise being launched together with the Yamaha Fascino FI Hybrid, Aprilia SXR 125, TVS NTorq 125 Race XP, Hero Maestro 125, TVS Jupiter 125, Honda Grazia125 Repsol Honda Staff Version, and Suzuki Avenis 125.
Entry, NTorq, Burgman notch development in a troublesome market
The Indian scooter market at present has 12 fashions within the 125cc phase, some with 110cc/150cc siblings (Honda Activa, TVS Jupiter, Hero Maestro, Aprilia and Vespa). Have a look at the excellent gross sales knowledge desk (April-October 2021) and also you get an concept of the rising join of the 125cc phase with patrons.
Of the highest 10 bestselling scooters within the first seven months of this monetary 12 months, solely 5 of them have registered development in gross sales. Out of those, three of them are 125cc scooters – Suzuki Entry, TVS NTorq and Suzuki Burgman. The Honda Activa is the fourth, however its 125cc gross sales are far decrease than its 110cc model, which has been India’s No. 1 scooter for years. Then there’s the Hero Maestro, which is bought solely as a 110cc mannequin.
The Suzuki Entry is India’s bestselling 125cc scooter and went house to 2,82,000 patrons between April-October, notching a good-looking 49 % YoY (year-on-year) development. What’s extra, it’s the firm’s mainstay, having contributed 83 % to its general gross sales of three,37,817 items and helped improve its market share by Four share factors to 14 %.
Its sibling, the Suzuki Burgman, which is powered by the Entry’s 125cc engine, can be in constructive territory with gross sales of 55,817 items, up 45 % YoY and contributing 16.5 % to general Suzuki gross sales.
The TVS NTorq, the second-ranked 125cc scooter, continues its sturdy exhibiting with gross sales of 1,45,256 items, up 23 % YoY. The NTorq’s significance could be gleaned from the truth that it contributed 30 % to TVS’ cumulative scooter gross sales of 4,79,989 items.
Membership the gross sales of the 125cc fashions – Suzuki Entry, TVS NTorq, Hero Destini 125, Yamaha Ray, Yamaha Fascino and Suzuki Burgman (gross sales splits for the Honda Activa and TVS Jupiter not out there) – and also you get a cumulative whole of 6,67,238 items, which is a fourth or 30 % of the full gross sales by the highest 10 contenders at 22,36,135 items (which in flip accounts for 93 % of the full scooter gross sales of 23,95,104 items).
With city India steadily shifting again into working-from-office mode and faculties and faculties opening gingerly, one can count on demand to return for scooters. It additionally helps if they arrive up trumps on the fuel-efficiency entrance, what with petrol turning into dearer every day. However the truth stays that the 125cc phase is flowering, and the way. Even the motorbike market is seeing a wise uptick for higher-powered 125cc commuters in comparison with their 100-110cc brethren. It’s yet one more signal of India eager to be on the transfer, sooner.