Growing at an expeditious pace in the first quarter of this fiscal, the two wheeler market seems to have rejuvenated from the dull volume growth in the last fiscal. Hefty scooter sales (growth of 27.1%) and motorcycles sales (growth of 8.9%), which has been a laggard in recent years, backed the 14.3% growth in the two wheeler segment. Such healthy dispatches in the two wheeler industry particularly scooters of Honda proved opportune to Fiem. The company posted a strong growth of 20.5% in its income from operations in Q1FY17 of Rs 245.18 crs ($36.7m)...