“There is absolutely nothing like a divide for 2 wheelers in between rural and metropolitan. A few of the most low-cost lorries, 2 wheelers are purchased in city locations and a few of the more costly bikes are purchased likewise in backwoods,” states Rakesh Sharma, ED, Bajaj Auto. Things are looking great. Development is back. Margins are 20% and market share is undamaged. Well, market share has actually enhanced. Yes, for the minute, things are looking excellent. I hope they remain in this manner. Historically, we have actually constantly seen that rural economy serves as a barometer of the 2 wheeler need. Of late, we have actually seen 2 wheeler need coming back regardless of a downturn in the rural economy. Whether I look at the month-to-month dispatch numbers of Bajaj Auto, TVS or Hero MotoCorp sales are coming back and the rural economy is yet to come back. Why is that history is not duplicating itself? Of all that presumption is flawed to start with in my viewpoint. There is absolutely nothing like a divide for 2 wheelers in between rural and city. A few of the most low-cost lorries, 2 wheelers are purchased in metropolitan locations and a few of the more costly bikes are purchased likewise in backwoods. It has to do with sectors. I would rather take a look at various sectors like the 100cc, 125cc, 150cc sectors to comprehend what is occurring in the market. Dividing it in between rural and metropolitan for us does not make so much sense. Open Leadership Excellence with a Range of
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