FADA has released its FY 2026 two-wheeler retail sales report, highlighting steady growth despite mixed performance from manufacturers. In FY’26, retail sales in the Indian two-wheeler market recorded 21,420,386 unitsCompared to 18,889,595 units In FY’25. It represents totality 13.40% increase year-on-yearSupported by growing demand for premium motorcycles, scooters and electric two-wheelers.
| Social class | FY’26 | FY’25 | year over year % |
| 2-wheeler | 21,420,386 | 18,889,595 | +13.40% |
hero retained its position as market leader 6,083,248 units Sold in FY’26, up from 5,446,404 units In FY’25. Its translation is a 11.69% annual growth. However, the company’s market share declined slightly 1.50%Which indicates increasing competition in the commuter and scooter segments.
Honda achieved second place with 5,361,458 units In FY’26, compared to 4,791,389 units In FY’25. The brand posted a 11.90% annual growthAlthough its market share declined 1.32%Reflects increasing pressure from both ICE and EV competitors.
TVS The company posted one of the strongest sales performances ever. 4,046,666 units In FY’26 vs. 3,303,633 units In FY’25. This resulted in a stronger 22.49% annual growthwith a Market share increased by 8.02%.
Bajaj informed 2,249,778 units In FY’26, slightly above 2,155,582 units In FY’25. It marked a Increase of 4.37% on annual basisWith declining market share 7.96%.
Suzuki recorded 1,140,730 units In FY’26, up from 983,034 units In FY’25. The company made a good achievement 16.04% annual growthWhile market share improved 2.33%Driven primarily by scooter-led demand.
YAMAHA sold 715,564 units In FY’26 vs. 650,266 units In FY’25. The brand posted a modest 10.04% annual growthAlthough market share declined 2.96%Indicating steady but limited expansion.
ather energy Emerged as one of the fastest growing players in retailing 239,178 units In FY’26, up from 131,172 units In FY’25. It was translated extensively 82.34% annual increaseWith increasing market share 60.80%Highlighting strong momentum in the premium EV sector.
Ola Electric Faced heavy recession, sales took place 164,295 units Compared to FY’26 344,300 units In FY’25. This resulted in a huge decline 52.28% decline on annual basisWith declining market share 57.92%Indicating significant challenges in maintaining volume.
Greaves Electric sold out 61,563 units In FY’26, up from 40,169 units In FY’25. The company gave a report 53.26% annual increasewith a Improvement in market share by 35.15%Supported by the growing acceptance of affordable electric scooters.
classic legends Registered 45,409 units In FY’26 vs. 32,482 units In FY’25. It marked a 39.80% annual growthWith increasing market share 23.28%Reflects continued interest in Jawa and Yezdi motorcycles.
Piaggio recorded 33,887 units In FY’26, almost the same 33,448 units In FY’25. Brand saw 1.31% annual growth And 10.66% decline in market shareWhich is indicating low demand.
bigos auto sold 26,201 units In FY’26, compared to 17,343 units In FY’25. As a result a 51.08% annual increaseWith improvement in market share 33.22%Supported by gradual EV expansion.
“Others including EV” category entered 121,458 units In FY’26, up from 109,870 units In FY’25. It represents a 10.55% annual increasewith 2.51% decline in market shareDriven by new and small EV players entering the market.
Before you go, don’t forget to check Top Upcoming Two-Wheelers in April 2026.
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