The company said uncertainty created over electrification of two-wheelers had played a role in parent Suzuki Motor to adopt a wait and watch strategy before finalising on setting up a new manufacturin
Firm aims to sell 100,000 motorcycles this year, up from 60,000 last year, a jump of 66 per cent
'The slowdown in the sales of scooters and motorcycles is a temporary phenomenon', says Satoshi Uchida
Suzuki Motorcycle's overall sales for January stood at 69,162 units (domestic + exports) with a 39% growth over 49,618 units
'We owe this growth to our flagship brand Suzuki Access 125 and the newly-launched Burgman Street 125,'EVP Sajeev Rajasekharan
Suzuki Motorcycle India already contributes 35% of the total two-wheeler volumes for its parent Suzuki Motor Corporation
Overall, SMIPL clocked a year-on-year growth of 32.99 per cent with 57,469 units (domestic and exports)
The company's third millionth vehicle rolled out from Gurugram manufacturing facility