Royal Enfield’s domestic sales are booming, with 82,097 units sold in September 2022


Royal Enfield, a motorcycle manufacturer, said on Saturday that total sales will more than double to 82,097 units by September 2022. In the same month last year, the company had sold 33,529 units, according to a statement from Royal Enfield. In September 2021, domestic sales were 27,233 units; last month it was 73,646 units. In a similar vein, exports rose 8,451 units compared to 6,296 units in the same month last year, the report said.

Similarly, Suzuki Motorcycle India Pvt Ltd said on Saturday that total September sales are up 27.55 percent to 86,750 units. In the same month last year, the company sold 68,012 units. In September 2022, domestic sales were 72,012 units, while exports were 14,738 units.

“This is the highest total monthly sales figure ever recorded by the company since its inception in 2006,” Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement.

Also read: India’s car sales are up 91 percent; festive season and smooth supply of chips promote growth

However, Hero MotoCorp, the other major two-wheeler manufacturer in India, said on Saturday that total sales fell 1.95 percent in September 2022 to 5,19,980 units. In the same month last year, the company sold 5,30,346 units, according to a statement from Hero MotoCorp. In September of the previous year, domestic sales rose to 5,07,690 units from 5,05462 units. However, the company reported that shipments fell from 24,884 units in the same month last year to 12,290 units this month.

Heading into peak season, the company remains optimistic about customer demand in the coming weeks,” said Hero MotoCorp. The normal monsoons in most parts of the country and the encouraging activity on the farm are likely to contribute to positive customer sentiments, it added.


With inputs from PTI





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