Growing Popularity Of Motorcycles Likely To Help Mahindra's Expansion

India's two-wheeler market has in no way suffered from the influx of new small cars and is forecast by BMI to surpass sales of 10mn units in the current financial year (ending March 2011), up 6.9% year-on-year (y-o-y). Within the sector, motorcycle sales are expected to grow by 7.8% and this has attracted new entrants to take on market leaders Hero Honda and Bajaj Auto, which have cornered around two-thirds of sales between

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