India Chooses Motorbikes Over Tata Nanos

Full story: Bloomberg

Hero MotoCorp Ltd. forecasts net sales to rise 27 percent this fiscal year, driven by growth in rural areas.

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Sharon

Toronto, Canada

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#1
Dec 1, 2011
 
... and so, especially for short distances, bikes make more sense."

India has the highest borrowing costs in Asia after Pakistan and Vietnam .

The Reserve Bank of India has raised the central bank's repurchase rate by 375 basis points since mid- March ... Comment ?

http://www.topix.net/motorcycles/honda

Related Topix: Hatchback, Tata Nano, Motorcycles, Suzuki Motorcycle, Scooters, Automakers, Tata Motors
Eros

Pekin, IL

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#2
Dec 2, 2011
 
I would have thought that riding motorbikes instead of cars whould be a no brainer in India. Especially in the Cities.
shh

Bangalore, India

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#3
Aug 9, 2012
 
I am selling off my esteem to buy Nano after test driving nano for five times

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