Monsoon projection brings cheer to two-wheeler sector

Segment facing slowdown in recent months

- SWARAJ BAGGONKAR

The above normal rainfall forecast by the India Meteorological Department (IMD) for the upcoming monsoon season has brought good news to the two-wheeler sector. This comes at a time when demand has taken a backseat in recent months, forcing brands in the segment to lure buyers with offers.

As per IMD's predictions, the June-to-September rainfall—which is responsible for 75% of the country's annual rainfall and driving a significant portion of India's economy—is likely to be 105% of the long-period average.