India's scooter sales seen rebounding in 03/04

Newswire

By Arif Sharif NEW DELHI, Sept 26 (Reuters) - India's scooter sales are likely to rise by five percent this fiscal year after falling for four straight years driven by booming sales of top-ranked Honda Scooter, analysts said on Friday. Scooter sales fell by 1.07 percent in April-August, the first five months of this fiscal year, to 367,307 units but sales in the main mid-size segment jumped 36 percent helped by a 133 percent jump in Honda's sales. Mid-size scooters with 100cc engines ...

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