Commenting on the trend, Crisil Intelligence Director, Pushan Sharma said, "The demand-side spurs for premium motorcycles include a growing preference for these products from buyers with healthy incomes who maintained their purchasing power even during the pandemic." Shama further said, "On the supply side, it is the expanded range of options available to consumers. For the record, the number of motorcycle models available in the premium segment increased to 35 last fiscal from 23 in fiscal 2019. We anticipate these trends to persist through the next five years." On the decline of the economy segment motorcycles, Crisil Intelligence Associate Director, Mohit Adnani said, "Weak rural demand poses a major hurdle for entry-level motorcycles." Rural incomes have not increased much while there has been a steep 65-70% hike in prices of economy models to pass on the increase in costs due to the transition from Bharat Stage (BS) IV to BS VI standards, implementation of safety norms, and the commodity super cycle, he added.