Mid-size motorcycle segment in India is in a sweet spot, Royal Enfield to roll out e-bike by 2025: Siddhartha Lal

Sales of premium motorcycles in India are expected to double in the next five years, according to Siddhartha Lal, managing director of Eicher Motors. The growth in sales is driven by the aspirations of the middle-class in India, which is set to become the third-largest economy in the world. Lal also noted that India already accounts for half of the global mid-weight motorcycle market (250-750 cc).

from Auto-Industry-Economic Times https://ift.tt/OCaEPfG