India’s two-wheeler market hit a record September as festive buying picked up pace, while electric vehicles reached their highest-ever monthly retail sales, signalling a strong start to the crucial festive season, data from the Federation of Automobile Dealers Associations (FADA) showed.
Two-wheeler sales rose 33.08% year-on-year to 17.9 lakh units in September, the highest-ever September for the segment, while sales rose 4.41% from August. Rural and urban markets grew almost evenly, with sales rising 33.11% and 33.06%, respectively, from a year earlier.