With the Indian festive season in full swing, nearly all of the six heavyweights in the Indian two-wheeler market reported a substantial increase. Here’s the detailed breakdown of each company.
Hero MotoCorp: 6,57,403 units
Dominant force Hero MotoCorp retained its grasp on the top spot with over 6.5 lakh units sold in October, with a 6.60 percent increase compared to September 2024 (6,16,706 units). This trend continued even when compared to its own numbers from October 2023 (5,59,766 units), representing a 17.44 percent increase. Hero’s new Xtreme 125R is proving to be a popular buy in the class, further sales buoyancy also comes from its affordable, hardy and frugal 100cc commuters.
Also See: Hero Xpulse 210 revealed at EICMA 2024
Honda: 5,53,120 units
Honda continues to retain its second place with over 5.5 lakh units sold in October 2024. This means it reported a marginal 3.10 percent increase compared to its September 2024 sales tally of 5,36,391 units. But, compared to its sales numbers of October 2023 (4,42,196 units), HMSI reported a large 25.10 percent increase. Honda recently launched the CB300F flex fuel bike in India and to read more about that, tap HERE.
TVS: 3,90,489 units
TVS came very close to breaching the 4 lakh unit sales mark in October 2024, which meant it reported a 5.78 percent increase compared to its sales figure of September 2024 (3,69,138 units). Even in comparison to its sales number of previous October (3,44,957 units), the Hosur-based marque reported a 13.20 percent increase. It is worth mentioning that TVS doesn’t include sales of the iQube electric soccer in its overall figure. TVS recently revamped its bestseller, the Jupiter 110, which is seeing good traction in the market and to read our review, tap HERE.
Bajaj: 2,55,909 units
Despite selling over 2.50 lakh units in October, Bajaj reported a miniscule 1.32 percent decline compared to its September 2024 figure of 2,59,333 units. This rose to an 8.10 percent decline, when compared to its sales number for October 2023 (2,78,486 units). It is worth noting that the sales of Bajaj’s Chetak electric scooter are included in this overall number and the company does not provide a breakup between the two. Bajaj’s novel CNG bike, the Freedom 125, is steadily seeing increasing demand and it has also released a new 125cc Pulsar called the N125.
Suzuki: 1,04,940 units
Suzuki has crossed the 1 lakh unit sales mark yet again (the last time it did so was in July) and in the process reported a substantial 35.82 percent increase compared to its sales for September 2024 (77,263 units). This trend continues even when compared to its sales tally for the previous October which stood at 84,302 units, equating to a 24.48 percent increase. Suzuki recently launched the GSX-8R sportbike in India and to read more about that, tap HERE.
Royal Enfield: 80,958 units
Reporting sales of just over 80,000 units in October, Royal Enfield posted a minute increase of 2.10 percent compared to its September 2024 total of 79,326 units. Even when compared to its sales for October 2023 (76,528 units), the company reported a 5.79 percent increase. Royal Enfield recently launched the Bear 650 in our market and to read more about that, tap HERE.
| October 2024 two-wheeler sales | |||||
|---|---|---|---|---|---|
| Company | October 2024 | September 2024 | % change | October 2023 | % change |
| Hero | 6,57,403 | 6,16,706 | 6.60 | 5,59,766 | 17.44 |
| Honda | 5,53,120 | 5,36,391 | 3.10 | 4,42,196 | 25.10 |
| TVS | 3,90,489 | 3,69,138 | 5.78 | 3,44,957 | 13.20 |
| Bajaj | 2,55,909 | 2,59,333 | -1.32 | 2,78,486 | -8.10 |
| Suzuki | 1,04,940 | 77,263 | 35.82 | 84,302 | 24.48 |
| Royal Enfield | 80,958 | 79,326 | 2.10 | 76,528 | 5.79 |
Also See: Royal Enfield Classic 650 Twin review: All-Time Classic?
