The forecast for the import of motorcycles with reciprocating internal combustion piston engines exceeding 800 CC to India indicates a steady increase from 2024 to 2028, showing a growth from 5.38 thousand units in 2024 to 6.2 thousand units in 2028. As of 2023, the actual import value stood slightly lower, indicating a strong upward trend anticipated over the forecast period.
From 2024 to 2025, the imports are expected to increase by approximately 3.9%, and similar average year-on-year growth rates are projected each year. Over the five-year horizon from 2024 to 2028, the compound annual growth rate (CAGR) is estimated at around 3.8%.
Future trends to watch for include the impact of India's economic conditions and consumer spending on luxury goods, regulatory changes affecting emissions, and the global shift towards electrification which might influence both demand and supply dynamics in the motorcycle market.
