Total domestic sales of Hero MotoCorp, TVS Motor Company, Royal Enfield and Suzuki Motorcycle stood at 937,226 units in September, which has traditionally been a month when inventories rise. Bajaj Auto, Honda Motorcycle and Scooter India and Yamaha, who control little over 40% of the market, have yet to announce their September volumes.
The growth in two-wheelers volumes is in line with the recovery in demand in the rural sector, where market watchers expect demand to improve significantly in the festive days, including Navratri and Diwali.
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