Two-Wheeler April Sales Shows Demand is Strong despite West Asia Risks

• Domestic sales climbs 28.4% year-on-year
• Hero MotoCorp, Honda and TVS lead the chart
• Near-term outlook remains positive

India’s two-wheeler industry gets a flying start to FY2026-27 with April numbers showing how sales are healthier than ever. Domestic two-wheeler sales stood at 18,72,691 units in April 2026 which is up 28.4% over 14,58,784 units in April 2025. This growth is spread across, but motorcycles once again did the heavy lifting. Motorcycle sales rose 30.6% to 11,38,452 units, while scooters grew 26.2% to 6,91,993 units and mopeds increased 9% to 42,246 units.

Key attributes for this motorcycle sale bias is in the commuter and entry segments where affordability, fuel efficiency and utility matter most. SIAM says the industry continued the momentum seen in the second half of FY2025-26, and that two-wheelers posted high double-digit growth in April despite concerns over higher commodity prices linked to disruptions in West Asia.

Hero MotoCorp leads the market again with 5,32,433 unit sales, which is followed by Honda Motorcycle & Scooter India at 4,84,972 units and then TVS Motor Company at 3,48,545 units. Hero leads mainly from motorcycles sales, Honda’s numbers are supported by scooter sales, while TVS benefits from a mix of both scooter and motorcycle sales.

In motorcycles alone, Hero sold 4,72,918 units in April 2026, picking up from 2,70,546 units a year earlier. Digging a little deeper, HF, Passion and Splendor line-up reached 4,03,490 units. Moving up the ladder, 64,315 units were sold across 110cc to 125cc class through models such as the Glamour, Splendor and Xtreme 125R.

Honda sold 2,48,609 scooters in April supported by the Activa and Dio, while motorcycle sales stood at 2,36,363 units. 110cc to 125cc motorcycle numbers are also strong with 1,72,729 units sold largely through the Shine.

TVS takes the third place with 3,48,545 units. The company sold 1,97,392 scooters led by the Jupiter and Ntorq family, and 1,08,907 motorcycles across commuter and sporty segments, along with 42,246 mopeds.

Bajaj Auto sold 2,10,063 two-wheelers in April, Royal Enfield retailed 1,04,129 units and Yamaha reached 67,988 units. Royal Enfield’s growth is interesting as it shows that the mid-capacity segment still find buyers even when the market’s real centre of gravity stays below 150cc. In fact, SIAM’s sub-segment data shows Royal Enfield sold 95,014 units in the 250cc to 350cc class through the Bullet 350, Classic 350, Hunter 350 and Meteor 350. That means premium-leaning commuter motorcycles continue to enjoy demand even within a price-aware market.

Motorcycles rising faster than scooters usually signals that demand from mass and commuter buyers is healthy. The next few months should remain reasonably firm, especially if rural cash flow stays stable and financing conditions do not worsen.

West Asia conflict cannot be ignored though. SIAM flagged concerns around high commodity prices emanating from disruptions in West Asia. On one side, if petrol becomes costlier or more volatile, two-wheelers with strong fuel economy become even more attractive, and in turn will support commuter motorcycle sales. On the other side, if higher crude pushes up input costs, logistics costs or retail finance stress, it can make price hikes more likely and delay some purchases at the lower end of the market.