Top 10 Two-Wheeler Manufacturers in India: November 2025 – Hero, Honda & TVS Lead
India’s two-wheeler market recorded total retail sales of 25,46,184 units in november 2025. While this is slightly lower than the 26,27,617 units sold in november 2024, the leading manufacturers continued to dominate market share with strong volumes.Key Highlights· Year-on-Year Decline: The market saw a decline of 81,433 units compared to the same month last year.· Despite the drop, major players like Hero MotoCorp, honda Motorcycle & Scooter india (HMSI), and TVS Motor Company maintained significant leadership.· The decline is attributed to seasonal fluctuations, changing consumer preferences, and competitive pricing in electric and petrol segments.Top 10 Two-Wheeler Manufacturers – november 20251. Hero MotoCorpo Continued its position as India’s largest two-wheeler manufacturer.o Key sellers include the Splendor, Passion, and HF Deluxe series, popular among commuters.2. Honda Motorcycle & Scooter india (HMSI)o Strong presence in scooter and commuter segments.o Models like Activa, Shine, and CB Hornet contributed to robust sales.3. TVS Motor Companyo Maintained a solid third spot.o Popular bikes include Apache series, Jupiter, and Ntorq scooters.4. Bajaj Autoo Known for pulses, platina, and KTM brand bikes, Bajaj retained a healthy share in both commuter and performance categories.5. Royal Enfieldo Premium bike maker sustained demand with Classic, Meteor, and Hunter 350 models.6. Suzuki Motorcycle Indiao Focused on commuter motorcycles and scooters, retaining niche volumes.7. Yamaha Motor Indiao Popular among sporty and performance bikes like FZ series and R15, catering to young riders.8. TVS Electric & Hybrid Segmento Emerging presence with iQube and electric scooter range, slowly gaining volume share in urban mobility.9. Hero Electrico Key player in the EV two-wheeler space, benefiting from growing government incentives and consumer awareness.10. Others (including niche and regional brands)· Combined, they contributed modest volumes, mostly in urban and semi-urban markets.Market Insights· Commuter Bikes Remain Core: Despite the rise of scooters and EVs, commuter motorcycles still dominate volume sales.· Shift Towards Electric Vehicles: Sales of electric two-wheelers are slowly increasing, influenced by government policies and rising fuel costs.· Premium and Performance Segment Growth: Brands like Royal Enfield, KTM, and Yamaha are seeing steady demand in the premium category.Bottom LineWhile overall sales saw a minor dip compared to last year, India’s two-wheeler market remains robust, led by Hero, honda, and TVS. The industry continues to balance traditional petrol models with the emerging electric vehicle segment, signaling dynamic growth potential for 2026 and beyond. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.