2025 Industry Report | India's Two Wheeler Market Poised for Robust Growth, Expected to Surpass USD 33 Billion by 2030 [Yahoo! Finance]
SUZUKI MOTOR CO UNSP/ADR (SZKMY)
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Source: Yahoo! Finance
Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering. The India Two Wheeler market, which has been a cornerstone of the country's transportation sector, is anticipated to witness a significant growth, with projections estimating its value to reach USD 33.20 Billion by 2030, growing at a CAGR of 10.50%. This robust growth is reflective of the increasing demand for both traditional motorcycles and the burgeoning interest in electric scooters, catering to the diverse needs of the nation's urban and rural populations. Technological Innovations and Government Initiatives Fuel Growth Technological advancements, paired with government policies promoting environmentally-friendly vehicles, have been crucial in driving the market forward. The integration of sophisticated features and the development of more energy-efficient vehicles have peaked consumer interest. Furthermore, the government's initiatives to support electric two-wheelers signal a shift towa
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