Polaris India sees 60 percent growth in 2016

Polaris India, a company which sells Indian Motorcycle, said it estimates a 60 percent growth in sales this year, according to an article on moneycontrol.com.

Polaris India’s managing director Pankaj Dubey commented in an interview, “Growth-wise over last year, we are looking at 60 percent plus (in sales). The market for super luxury bikes should grow at CAGR of 20-25 at least for a decade…We visualize more passionate bikes will buy these products.”

The company will also amp up its sales goal and open two more showrooms.

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