Indian Tok Tok Acquires The Egyptian Market
Mohamed Moustafa, a member of Cairo Chamber of Commerce, said the Egyptian market is witnessing an increase in the sales of Indian Tok Toks and motorcycles, even their prices are high, compared to the Chinese ones. They acquired 40% of the market, compared to last year.
He elaborated that this increase is due to the raw material that used in the Indian product and its features plus the variant prices.
The Indian motorcycle prices range from EGP 5000 to 10.000, while the Chinese one ranges from EGP 3000 to 5000. The Indian Tok Tok prices ranges from EGP 14.000 to 18.000, meanwhile the Chinese one price is EGP 11.000.
The market is witnessing a state of recession, and the sales are less than last year.
