India’s two-wheeler industry recorded a strong performance in October 2025, with retail sales crossing 2.8 million units, driven by festive demand, positive consumer sentiment, and benefits from recent Goods and Services Tax (GST) reforms. According to Vahan registration data, Hero MotoCorp led the market with 9,94,690 units, supported by robust rural demand and renewed customer confidence. The company also achieved a 117% YoY growth in its electric scooter brand Vida, registering nearly 16,000 units in October. TVS Motor Company posted an 8% rise in domestic wholesale dispatches to 4,21,631 units. In comparison, Bajaj Auto saw a 4% increase in domestic two-wheeler sales to 2,66,470 units, topping the electric two-wheeler chart with over 31,000 units sold.
The electric two-wheeler segment-maintained momentum, exceeding 1,20,000 units in monthly sales and crossing the one million mark over the past ten months. Established manufacturers such as Bajaj, TVS, and Hero together accounted for over 50% of electric vehicle sales, indicating growing market consolidation. Premium motorcycle brand Royal Enfield recorded its highest-ever festival performance, dispatching 116,844 units, up 15% YoY. Industry experts attribute the sector’s growth to pent-up demand, a favourable monsoon supporting rural income, and consumers’ growing preference for premium and electric models. Supported by structural reforms, strong domestic demand, and improved affordability, India’s two-wheeler sector is positioned for continued expansion in FY26, reinforcing its role as a key pillar of the nation’s automotive industry.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.