New Delhi, July 10 -- India's two-wheeler industry is experiencing a significant shift toward premium motorcycles, mirroring trends across other consumer sectors in the country.

According to Crisil Intelligence, the market share of premium motorcycles increased to 19 percent in the last fiscal year, up from 14 percent in fiscal 2019, with projections indicating further growth to 22 percent by 2030.

The premium motorcycle segment, defined as vehicles with engine capacity greater than 150 cc, saw volume sales rise to 2.3 million units from 1.9 million units during the same period.

This growth occurred despite challenges facing the broader two-wheeler market, with premium motorcycle sales surpassing pre-COVID levels by 22 percent in the l...