HomeAutoTriumph motorcycle records 10% Y-o-Y growth in retail sales in India.

Triumph motorcycle records 10% Y-o-Y growth in retail sales in India.

Reader's Pick

UK motorcycle manufacturer, Triumph Motorcycle has recorded a 10% year on year growth in retail sales in India.

In an interview with India-based newspaper, Economic Times, Shoeb Farooq, General Manager, Triumph Motorcycles India, said that “The company expects to close its June- July fiscal cycle with a marginal growth over last year, with the retail sales of 1,000 – 11,00 units.”

Adding to the statement, Shoeb said ET, “As the automakers are struggling with the two-wheeler and four-wheeler sales in India.” “The good part for us is that the whole momentum did not phase out immediately after Diwali, and also November looking good for us.”

Shoeb further added, “The slowdown hasn’t shown any significant impact on Triumph’s sales, but the weak consumer sentiment did impact the company’s dealership expansion plan by six months.”

- Advertisement -

“Where the company has planned to have 20 dealerships in the country in the next 18 months, including the cities like Guwahati, Goa, and two other locations in northeast and the south for upcoming dealerships.”

Subscribe to our Newsletters

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Paytm Payouts transfers Rs 1,500 crores

India-based e-wallet company, PayTM said, "Its Paytm Payouts has transferred ov...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Rajesh Bysani joins Brainly as its new CPO

A New York headquarter peer-to-peer learning platform, Brainly has announced th...

Trustt Launches First Major GPT Product Suite for Banking Industry

Trustt - a leading SaaS cloud-based banking solution provider, today announ...

Passwordless authentication platform 1Kosmos sees significant growth in India

1Kosmos, a leading multi-factor authentication solution provider has reported a...

KlarifyLife, an HDFC Life Initiative, Launches ‘Term Guide’

KlarifyLife, an initiative by HDFC Life, has launched 'Term Guide', a custo...