Motorbike market to race faster in 2019

The motorcycle market is set to be around 6 lakh units by the end of 2019 thanks to price cuts, increasing purchasing capacity and thrust for faster mobility. “2018 was a good year for the sector but 2019 will be better,” said Hafizur Rahman Khan, chairman of Runner Automobiles, a pioneer in the field. Although the exact sales data are not available, Subrata Ranjan Das, executive director of ACI Motors, which markets the Yamaha-branded two-wheelers, said about 4.80 lakh units of bikes were sold in 2018, posting 24 percent year-on-year growth.