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MTWL continues to grow and now has a market share of 39% in the 125cc scooter segment – a milestone achieved in just two years. The 125cc segment is the fastest growing segment in scooters as more and more consumers move to higher powered scooters due to the changing profile of the urban landscape and faster moving traffic.
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Mahindra 2 Wheelers - Growth Story Continues
Achieves 39% share of 125cc Scooter Market
Mumbai, May 02, 2011: Mahindra Two Wheelers Ltd (MTWL), a part of the US $ 11.1 billion Mahindra Group, further
consolidated its presence in the two wheeler segment in April 2011.
MTWL continues to grow and now has a market share of 39% in the 125cc scooter segment – a milestone achieved in just
two years. The 125cc segment is the fastest growing segment in scooters as more and more consumers move to higher
powered scooters due to the changing profile of the urban landscape and faster moving traffic.
The company’s sales for the month of April 2011 stood at 9558 units, an increase of 6% over the last year.
Mahindra 2 Wheelers’ Power Scooters cater to a range of consumer segments. The Mahindra Rodeo with its very
innovative, contemporary features is popular amongst the Indian youth, while the Mahindra Duro is positioned as a family
scooter. The Flyte is the Indian woman’s two-wheeler of choice. The stylish Stallio creates a niche for itself in the
motorcycles category.
About The Mahindra Group
The Mahindra Group focuses on enabling people to rise. Mahindra operates in the key industries that drive economic
growth, enjoying a leadership position in tractors, utility vehicles, and information technology and vacation ownership.
Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence,
energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.
A US $11.1 billion multinational group based in Mumbai, India, Mahindra employs more than 117,000 people in over 100
countries.
In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the
world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In
2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow.
Its flagship company Mahindra & Mahindra Limited is the only Indian automobile manufacturer to feature in the top 10 list of
the Carbon Disclosure Leadership Index in India - 2010, created by the Carbon Disclosure Project (CDP).
In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.
For further information, please visit www.mahindra.com
Connect with us on www.facebook.com/mahindragroup
