Ungeared scooters to be the next big thing?
16 Oct 2007
Research agency Crisil says it expects the ungeared scooter market to grow at a CAGR of 25 per cent. Half-yearly sales of automobiles showed a negative growth of 5.91 per cent. Motorcycles registered a negative growth rate of 15.2 per cent. But mopeds and scooters grew by 22.37 per cent and 20.13 per cent respectively.
The
urban two-wheeler market is moving towards more powerful bikes. The space occupied
by 100cc bikes, soon to be vacated, may become the domain of ungeared scooters.
To
take advantage of the trend, two-wheeler major Kinetic Engineering is planning
to launch five new gearless scooter models in the next 12 months. It will shortly
launch its second scooter from Italjet Moto, the 135cc Euro. Then there will be
two new electric two-wheelers and two variants of Flyte. Other
Indian gearless scooter makers include Honda, Hero Honda, Bajaj Auto and TVS.
