According to TechSci Research, the two wheeler loan market across India was estimated to be valued at over 12 billion U.S. dollars by 2025. This was a significant increase compared to 2019 when it was recorded to be about 6.7 billion dollars. The popularity of motorbikes, along with rising incomes and declining fuel prices could be some reasons for growth in two wheeler ownership. HDFC and State Bank of India were key players in this market during the measured time period.
Value of the two wheeler loan market in India in 2018 and 2019, with an estimate for 2020 and 2025
(in billion U.S. dollars)
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TechSci Research. (March 31, 2020). Value of the two wheeler loan market in India in 2018 and 2019, with an estimate for 2020 and 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1148153/india-two-wheeler-loan-market-size/
TechSci Research. "Value of the two wheeler loan market in India in 2018 and 2019, with an estimate for 2020 and 2025 (in billion U.S. dollars)." Chart. March 31, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1148153/india-two-wheeler-loan-market-size/
TechSci Research. (2020). Value of the two wheeler loan market in India in 2018 and 2019, with an estimate for 2020 and 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1148153/india-two-wheeler-loan-market-size/
TechSci Research. "Value of The Two Wheeler Loan Market in India in 2018 and 2019, with An Estimate for 2020 and 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Mar 2020, https://www.statista.com/statistics/1148153/india-two-wheeler-loan-market-size/
TechSci Research, Value of the two wheeler loan market in India in 2018 and 2019, with an estimate for 2020 and 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1148153/india-two-wheeler-loan-market-size/ (last visited November 22, 2024)
Value of the two wheeler loan market in India in 2018 and 2019, with an estimate for 2020 and 2025 (in billion U.S. dollars) [Graph], TechSci Research, March 31, 2020. [Online]. Available: https://www.statista.com/statistics/1148153/india-two-wheeler-loan-market-size/
