Daijiworld Media Network - New Delhi

New Delhi, Oct 4: India’s two-wheeler manufacturers saw a healthy 9% year-on-year (YoY) increase in dispatches during September, surpassing the two-million mark, buoyed by festive season demand and a recent Goods and Services Tax (GST) reduction. The government lowered the GST on motorcycles up to 350 cc from 28% to 18%, providing a significant boost to sales.

Key Industry Highlights:

• Hero MotoCorp, India’s largest two-wheeler maker, reported a 5% rise in wholesale volumes to 647,582 units, with registrations surging 19% to 323,230 units.

• Honda Motorcycle and Scooter India (HMSI) posted the slowest growth, with volumes increasing a modest 3% to 505,000 units, without citing specific reasons for the muted performance.

• TVS Motor Company, headq

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