India’s Two-wheeler Domestic Production Dips to 1.83 crore in FY21: Report
- By MT Bureau
- January 17, 2022

The domestic production of the two-wheeler segment dropped to about 1.83 crore in FY21 as against the production of about 2.10 crore in FY20, financial services credit rating company Infomerics Valuation and Rating said in a report.
According to the Industry Outlook Automobile Industry report, the Indian automobile industry is valued at more than INR 8 lakh crore. Its turnover contributes approximately 7.1 percent of overall GDP, 27 per cent of industrial GDP and 49 per cent of manufacturing GDP.
With the pandemic causing havoc in the automobile industry, the numbers have plummeted in FY21 for both production and sales, compared to the figure in FY20.
The study said two-wheeler is the most significant contributor to the automobile sector. It contributes about four-fifth to the overall industry, followed by passenger vehicles, contributing approximately 13 per cent to the industry.
Following some positive steps from the government, the automobile industry emerged as the top sector during the first four months of FY2021-22 with a 23 per cent share of the total FDI equity inflow, the study pointed out. The reforms by the government in FDI policy, investment facilitation and improving ease of doing business are some of the reasons for the increased FDI inflow, it said.
Along with enhancing FDI, the government has floated INT 25,938 crore worth of new production-linked incentive (PLI) scheme for the auto sector. The PLI Scheme for Automobile and Auto Components Industry will lead to a new investment of more than INR 42,500 crore, incremental production of over INR 2.3 lakh crore for five years. It is also expected to create additional employment opportunities for more than 7.5 lakh jobs.
The government also extended the second phase of the Faster Adoption and Manufacturing of Hybrid and Electric vehicle (FAME) scheme by two years to 31 March 2024. Besides, the Central government approved the INR 76,000 crore scheme to boost semiconductor and display manufacturing.
However, the study pointed some significant challenges for the industry in future. It said there was a mismatch between funds allocated and disbursed. The Union government has only disbursed about 10 per cent (about INR 820 crore) of the total subsidies out of INR 8,596 crore earmarked under the FAME-II scheme. EV makers pointed out that the aggressive localisation criteria for qualifying for FAME-II were a reason for the limited disbursal under the scheme. The semiconductor shortage has also been adversely affecting the industry. The automotive component industry, which had a turnover of INR 3.40 lakh crore (USD 45.9 billion) for the April 2020-March 2021 period, posted a de-growth of 3 per cent, compared with the turnover in the previous year.
The report said the restructuring of Ford’s Indian operations caused massive anxiety for dealers and customers. The future of about 170 Ford dealers with a combined investment of INR 2000 crore and about 40,000 employees is uncertain, the study pointed out.
Some foreign original equipment manufacturers (OEMs) who exited in the last four years include General Motors in 2017, MAN Trucks in 2018, United Motor Cycles in 2019 and Harley Davidson in 2020. Accordingly, the FADA sought to introduce legislation, viz., Automobile Dealers Protection Act, to create an enabling environment for automobile dealers. Industry body FADA also indicated that it was the worst festive season in the decade, with overall vehicle registrations falling 18 per cent in 2021 as against the festive season in 2020.
However, the report highlighted that the EV segment and the sector growth is optimistic and is also likely to get an impetus by the government’s series of incentives.
Besides, the report is not very optimistic about the overall industry in the short term due to the semiconductor shortage and infrastructure challenges on the EV front.
The industry faces challenges from other factors like triple-digit fuel prices and the sudden exit of big companies. The report suggested that the industry needs to work on the semiconductor issue and try to develop native capacities, adding that the government needs to work in tandem and consider reducing fuel prices. (MT)
Motoverse 2025 To Be Held In Goa From 21st November
- By MT Bureau
- August 20, 2025

Goa will host Motoverse 2025, an annual moto-culture festival, from November 21–23, 2025. The event is a gathering for riders, enthusiasts and industry professionals.
Motoverse 2025 will feature custom motorcycle builds and new innovations, including the Flying Flea and the Himalayan Electric test bed. The festival plans to debut new products and initiatives. A structured club championship will be introduced for the Dirt Track events. The Art of Motorcycling will conclude with a finale and the Motoreel stage will host industry figures and adventurers.
The festival will incorporate a split-stage music format. The Main Stage will feature acts like Hanumankind, The Yellow Diary and Parvaaz. The lineup includes a collaboration between Kutle Khan and Karsh Kale. The festival also announced its first international electronic music act. The Hilltop Stage will highlight a new generation of independent artists.
A new concept, Motohub, will provide a dedicated space for riders to connect. It will feature film screenings and interactive zones. The event will also offer group registration incentives for riding crews to promote community participation. Motoverse 2025 will conclude with an awards ceremony recognizing achievements within the motorcycling community.
Hero Glamour X 125 Motorcycle Launched At INR 89,999
- By MT Bureau
- August 19, 2025

Hero MotoCorp has launched the all-new Glamour X 125, positioning it as India’s ‘most futuristic’ 125cc motorcycle at prices starting INR 89,999 (ex-showroom Delhi) for the Drum brake variant and INR 99,999 (ex-showroom Delhi) for the Disc brake variant.
The company said the launch of Glamour X follows the success of the Xtreme 125R, which now features several first-in-segment innovations, including the world’s first Low Battery Kick Startability, powered by the new AERA (Advanced Electronic Ride Assist) Tech. The bike also introduces a Ride-by-Wire system for precise throttle control, Cruise Control for relaxed long-distance riding, and three distinct ride modes – Eco, Road and Power. Additionally, a Panic Brake Alert system enhances safety by warning trailing vehicles during emergency stops.
From a design perspective, the Glamour X 125 has a muscular stance with sharp lines and a signature 'H' full LED lighting package. The advanced Multi-Colour LCD instrument cluster includes Bluetooth connectivity, Turn-by-Turn Navigation and a gear position advisory.
Powering the motorcycle is the new Sprint-EBT engine, which produces 11.4 BHP at 8250 RPM. This engine is designed for a combination of performance, refinement, and fuel efficiency, featuring a silent cam chain and a balancer shaft to minimise noise and vibration. The bike also offers a comfortable riding position with a wide handlebar, enhanced pillion comfort, and a USB charging port.
Ashutosh Varma, Chief Business Officer, Hero MotoCorp’s India Business Unit, said, “The 125cc segment continues to be a growth engine for the motorcycle industry, attracting both the aspirational first-time buyers and value-conscious upgraders. While the Xtreme 125R leads in performance and the Super Splendor in fuel efficiency; the new Glamour X introduces innovative technology, first-in-segment features, and a bold new striking design. This strategy expands the brand’s reach across various sub-segments; boosting volumes and market share while further strengthening the company’s leadership.”
Bajaj Auto's Chetak celebrates India's 79th Independence Day with 'The Great Indian Ride'
- By MT Bureau
- August 17, 2025

Pune-headquartered automotive major Bajaj Auto marked India's 79th Independence Day with 'The Great Indian Ride', an event that brought together Chetak riders for a cultural parade in Bengaluru on 16 August 2025. The ride was a celebration of patriotism and heritage, uniting generations of riders.
More than just a scooter rally, the company stated that 'The Great Indian Ride' was a tribute to the values that have shaped both India's progress and the Chetak's legacy of innovation. A diverse group of riders, including Chetak owners, brand friends and influencers, rode through historic routes like MG Road and Netaji Road, making stops at national landmarks such as Freedom Park. The riders were dressed in traditional Indian attire with tri-colour motifs, bringing the city to life.
The ride concluded with a memorable finale. All the Chetaks were parked to form the number '79', and the national flag was hoisted, creating a striking visual from a bird's eye view. The event established the Chetak as a cultural movement rooted in Indian values, rather than just a product. It was designed to be visually iconic and emotionally resonant, redefining the role of scooters in Indian mobility by associating them with pride and national identity.
India Yamaha Motor Upgrades 125cc Fi Hybrid Scooter Range With New Features & Colour Options
- By MT Bureau
- August 14, 2025

India Yamaha Motor, one of the leading two-wheeler manufacturers in the country, has updated its 125cc Fi Hybrid scooter range with new features and colour options.
The company’s hybrid scooter lineup now features the ‘Enhanced Power Assist’ function, which delivers high torque, stronger acceleration and performance. Powered by a high-performance battery, the function allows users to squeeze more power from the scooter, which will be useful when starting from standstill, carrying loads or climbing inclines. The scooters continue to be equipped with the Smart Motor Generator (SMG) technology, Silent Start and Stop & Start System (SSS) tech.
Furthermore, the Fascino S scooter now features a Colour TFT Instrument Cluster equipped with Turn-by-Turn (TBT) Navigation, using smartphone connectivity through the Y-Connect app. It is also integrated with Google Maps to support Turn-by-Turn (TBT) navigation.
In terms of colour options, the Fascino S 125 Fi Hybrid, is now available in Matte Grey colour option, while the disc-brake variant gets Metallic Light Green and drum-brake variant gets Metallic White options. Alongside, the RayZR 125 Fi Hybrid Street Rally is offered in a Matte Grey Metallic hue, and the RayZR 125 Fi Hybrid disc variant features a Silver White Cocktail shade.
Itaru Otani, Chairman, Yamaha Motor India Group, said, “Yamaha’s 125cc Hybrid scooter range has consistently delighted customers with its dynamic styling, superior comfort, and fuel-efficient performance. The introduction of the new ‘Enhanced Power Assist’ function marks another step forward in enhancing everyday riding convenience and instilling greater confidence among commuters.”
“Further elevating the appeal, the launch of new colour variants brings a refreshing vibrancy to the entire scooter lineup. These updates are a direct reflection of the insightful feedback received from customers through our various engagement platforms. We are confident that these thoughtful upgrades will resonate strongly with our customers and continue to strengthen Yamaha’s presence in the 125cc scooter segment,” he said.
The scooters continue to be powered by Yamaha’s air-cooled, fuel-injected (FI) and 125cc Blue Core Hybrid engine. The Fascino S and RayZR Street Rally variants additionally offer the Answer Back feature and LED Daytime Running Lights (DRL).
Product |
Starting price in INR |
Fascino S 125 Fi Hybrid (Colour TFT/ TBT) |
102,790 |
Fascino S 125 Fi Hybrid |
95,850 |
Fascino 125 Fi Hybrid |
80,750 |
RayZR Street Rally 125 Fi Hybrid |
92,970 |
RayZR 125 Fi Hybrid |
79,340 |
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