
Growing rural demand, rising young working population and increasing income levels are among the major factors which have encouraged the people in India to buy two-wheelers more frequently than before. According to a new research report by RNCOS, the two-wheeler market has emerged as the most vibrant and transforming segment of the overall Indian automobile industry. The two-wheeler sales in India are expected to report a CAGR of 11% during FY 2011-2015.