The most affordable form of motorised transport is the two-wheeler, and India is easily the largest manufacturing base as well as market for petrol-run scooters and motorcycles. And the advent of electric two-wheelers, the lead segment in the emerging electric mobility market, has just begun. In FY2019, over 3 million (3,09,15,420) units were produced – while 2.6 million units 2,62,67,783 sold last fiscal, 46,29,054 two-wheelers were also exported.
However, FY2020 opened on a difficult note and the Covid-induced lack of demand has impacted all of India Auto Inc. In the April-August 2020 period, production is down 52% YoY to 45,72,221 units and sales down 48% to 41,34,132 units. Exports paint a similar story at 774,845 units, down 48% year on year.
But the resilient Indian two-wheeler industry is fighting back and how. September 2020 numbers are considerably improved over August and OEMs are betting big on the upcoming festive season to deliver the goods. In sync with the passenger vehicle industry, the two-wheeler industry is clearly leading the revival at India Auto Inc.
Two-Wheeler Week to pack a strong punch
In line with the digital-first strategy that most OEMs and their dealers – and the automotive industry, among other sectors – have adopted in the ongoing time of social distancing, Autocar Professional, which hosts its popular Two-Wheeler Industry Conclave every year in Delhi, is to organise a Virtual Two-Wheeler Industry Conclave across the last five working days of October – 26-30. Each day will comprise two sessions.
Autocar Professional's Virtual Two-Wheeler Industry Conclave will bring together all stakeholders of the two-wheeler industry – OEMs, component manufacturers, and dealers. Policy making body NITI Aayog is also expected to be represented in the virtual event.
Get ready to be enthralled as CEOs reveal their rebooted strategies for growth in disruptive times, find out how dealers are engaging with the socially distanced customer, what are the new market and technology trends that are here to stay, and lots more.
Here’s a glimpse of what to expect:
Monday, 26th October
10:00 a.m to 11:00 a.m
Inaugural session: Keynote addresses by industry captains.
Theme – Post-Covid Two-Wheeler Industry: Are the good times back?
Tuesday, 27thOctober
10:00 to 11:30 a.m
Theme – Business during 2020-21 and the road ahead
Wednesday, 28th October
10:00 to 11:00 a.m
Theme – Riding the Electric Mobility Megatrend
Thursday, 29th October
10:00 to 11:00 a.m
Theme – Regulation and Technology trends
Friday, 30th October
10:00 to 11:00 a.m
Theme: Role of start-ups in shaping the future of the two-wheeler industry
Book your seat today
With the ‘Two-Wheeler Week’ conclave being a first-come-first-served event, digital seats are fast filling up. Therefore, do register your attendance to confirm your presence at this first-ever week-long conclave which will see the best minds in the business brainstorm the growth path ahead.