Indian two-wheeler market kept falling in September 2019 with 1.7 million sales (-21%) with year to date figures down in double-digit. All top local brands are losing heavy, a part Bajaj Auto which is still in positive territory. Pushed up by the recently opened local plant, BMW is gaining 900% ranking already in 11th place, only two years after landing in the country. KTM is the premium brands leader, while Harley Davidson is struggling.
Pakistani Motorcycles Industry dropped for the 9th month in a row in September losing 23.9% with year to date figures down over 14% due to the increased tax on the sector, the currency deterioration and vehicles price increase. However, the market stands as the sixth biggest market in the World.
Bangladesh Motorcycles Industry is the new frontier for the entire sector. Supported by a favorable development policy and high investment by Indian and Japanese manufacturers, the industry is booming. Following sales doubled in the last three years, in the 2019 sales are projected over the 0.6 million units. Bajaj Auto dominates.
Indian Electric Scooter and Motorcycles Market target is to be 90% electric by 2025 by a recent government release as a result of a Think Tank activity chaired by the Prime Minister aiming to dramatically cut pollution and reduce fuel import bill. However, the target can be achieved only with disruptive policies rarely seen in India. However, FAME II introduction pushed market down over 40%.
Sri Lanka Motorcycles Market felt down 2.6% in the 2018 posting the fourth decline in a row. The country ranks as the sixteen in the MCD Global Motorcycles Ranking. The market is a feud for Bajaj Auto which dominate with over 60% of market share. 2019 outlook is almost negative.