The two-wheeler industry seems to be on a steady path of recovery as companies post double-digit growth year-on-year in November preceded by a good show over the past few months.

Need for personal mobility in the face of the pandemic has fuelled demand for two-wheelers, a sector that had been adversely affected by several factors since last year such as price hike under the new emission regime, technology change and hike in insurance charges.

Leading the charge is Hero MotoCorp Ltd, the world’s largest two-wheeler manufacturer, that sold 5,91,091 two-wheeler units in November 2020, a growth of 14.4 per cent over the corresponding month of the previous year. The company sold more than 14 lakh units in the 32-day period starting from Navratri till Bhai-Duj.

Honda, which has the second-largest market share in two-wheelers, saw its total sales grow 9 per cent to 4,33,206 units in November 2020 compared with 3,96,399 units a year ago.

Bajaj Auto posted a growth of 12 per cent year-on-year in November at 3,84,993 units against 3,43,446 units in the corresponding month a year ago. Domestic sales were up 7 per cent at 1,88,196 units compared with 1,76,337 units a year ago. Exports has grown 18 per cent.

Yamaha Motor India announced that total sales have increased 35 per cent to 53,208 units in November this year compared with 39,406 units in November 2019. The company has been reporting growth in its sales volumes consecutively over the past four months, following the lifting of the Covid-19 induced lockdown.