The forecast for the import of motorcycles with reciprocating internal combustion piston engines of a cylinder capacity not exceeding 50 CC to India shows a significant downward trend. Starting from an estimated volume of 96.69 in 2024, this figure is expected to decline each year by an average of approximately 31% per annum over the next five years, culminating at a projected volume of just 0.54 by 2028.
Over the long term, there are several trends to be aware of:
- The steep decline suggests either the strengthening of domestic production or lowered demand for these particular imports.
- Policy changes, environmental regulations, or shifts in consumer preferences towards electric or higher capacity vehicles may drive these changes.
