India, Aug. 10 -- Indian two-wheeler industry is expected to grow at a moderate pace in FY27. The segment is expected to grow by 5- 8% in this fiscal, supported by stable macro conditions and continued urbanisation. However, the key driver in this category will be demand mix rather than volume.

According to a study by Jato Dynamics, scooters are expected to gain further share in the Indian two-wheeler market as urban demand remains strong for this category. The study further stated that electric two-wheeler penetration in India could rise to 7-9%. However, the study also stated that the pace of penetration for electric two-wheelers will depend on subsidy continuity, pricing, and infrastructure expansion - the key factors that have been d...