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India’s two-wheeler industry is seeing a strong resurgence, with sales expected to surpass pre-pandemic levels by FY26. Experts predict an 8–9% growth, fueled by RBI’s rate cuts, rising domestic demand, and a 21% recovery in exports. This rebound signals a promising future for manufacturers and consumers alike.
Electric two-wheelers are taking center stage, with EV adoption increasing by 30% year-on-year in May 2025. TVS Motors leads the charge with a 24.5% market share, while Ola Electric has witnessed a decline, reflecting shifting consumer preferences. As battery technology advances and charging infrastructure expands, EVs are expected to dominate the market in the coming years.
Meanwhile, Hero MotoCorp continues to reign supreme, selling 4,99,036 units in May 2025 alone. With its market share rising to 30.20%, the company maintains its position as India’s leading two-wheeler manufacturer, followed closely by Honda and TVS.
Scooters have emerged as the industry’s fastest-growing segment, registering double-digit growth for three consecutive years. In FY25, scooter sales surged by 17%, outpacing motorcycles, which saw 9% growth. The increasing preference for scooters, especially among urban commuters, is reshaping the landscape of India’s two-wheeler industry.
With rising demand, electrification trends, and shifting consumer preferences, India’s two-wheeler market is set to enter a new phase of evolution. As manufacturers adapt to these changes, the industry is expected to thrive in the coming years.
