Two-wheeler firms resort to up to 35% output cut in November

The production schedules of two-wheeler makers suggest a 20-35% fall in output compared with both their earlier plans and the October output, according to people in the know. The situation may continue into December and cause the two-wheeler market to shrink in fiscal 2022 - making this the third straight year of volume decline for an industry catering to the personal mobility needs at the bottom end of the pyramid.

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