Hero MotoCorp Wholesales Grows 10% In FY2026
- By MT Bureau
- April 01, 2026
Hero MotoCorp, the world’s largest two-wheeler manufacturer, has announced its wholesales for FY2026 with total dispatches of 6.5 million units, which marks a 10 percent growth. This includes 6.06 million units sold in the domestic market and 402,786 units exported.
In March 2026, the company dispatched 598,198 units, compared to 549,604 units in the same month of the previous year. Retail performance for the month reached 542,436 VAHAN registrations, indicating an increase of approximately 24 percent.
Growth in March was led by the 100-125cc motorcycle segment and double-digit growth in scooters. The internal combustion engine (ICE) scooter segment grew by 24 percent, supported by the expansion of the Glamour and Xtreme motorcycle ranges. Demand in rural markets improved, aided by early festive trends.
For FY2026, motorcycle sales grew from 5.47 million units to 5.84 million units, scooters from 422,692 units to 626,285 units.
Vida, the company's electric vehicle (EV) brand, recorded its highest monthly VAHAN registrations to date at 21,434 units, a MoM increase of approximately 70 percent. For the full financial year, VIDA dispatches grew by 154 percent. The brand also introduced the VX2 Plus - KKR Limited Edition as part of its partnership with the Kolkata Knight Riders.
In international markets, the global business division recorded its highest-ever dispatches. March 2026 exports rose by 16 percent to 45,693 units, contributing to a total fiscal year dispatch growth of approximately 40 percent.
Royal Enfield Sales Crosses 1.2 Million Units In FY2026
- By MT Bureau
- April 01, 2026
Chennai-based mid-sized motorcycle manufacturer Royal Enfield has achieved its highest annual sales to date, surpassing 1.2 million units in the financial year ending 31 March 2026. This marks the second consecutive year the company has exceeded the million-unit threshold.
The company concluded FY2026 with total sales of 1.23 million units, representing a 23 percent increase from FY2025. Domestic sales came at 1.10 million units, up 23 percent YoY, while exports came at 131,316 units, up 23 percent YoY.
Royal Enfield sold 112,334 units last month, an 11 percent rise over the same month last year.
The performance was supported by demand in domestic and international markets and a diverse motorcycle portfolio.
Going forward, Royal Enfield is expanding its manufacturing facility at Cheyyar to support future growth and maintain production efficiency. The company's international strategy includes deepening its presence in markets such as Brazil.
The upcoming financial year will involve the introduction of new platforms and product launches, including the Flying Flea C6. These initiatives coincide with the brand's 125th anniversary.
B Govindarajan, Managing Director, Eicher Motors and CEO, Royal Enfield, said, “Every year at Royal Enfield, we try to raise the bar a little higher than before, and this time was no different. We delivered our second consecutive year of over one million motorcycle sales, crossing 1.2 million units, our highest-ever annual performance. Achieving this milestone as we celebrate 125 years of Pure Motorcycling makes it even more meaningful. But in this landmark moment, we are not pausing to look back, instead we are focused on how we can continue to build motorcycles for the current and next generation of riders while remaining grounded in our ethos. This year we also achieved our best-ever festive season sales and highest-ever volumes across both domestic and international markets. Our international business continues to be a focus area and we are deepening our presence in high-potential markets such as Brazil. Equally important is the strength of our riding community, which continues to grow with our rider engagements and festivals expanding significantly across regions. We are also investing in staying ahead of the curve by expanding our manufacturing facility at Cheyyar, which will support future growth while maintaining our focus on quality and efficiency. As we move into the new financial year and continue our 125th year journey, we remain focused on the future with new product launches, new platforms and the launch of the Flying Flea C6. Our endeavour is simple: to keep growing in a way that stays true to who we are as we build a global motorcycling brand from India.”
Honda Motorcycle & Scooter India Sells 6.36 Million 2Ws In FY2026
- By MT Bureau
- April 01, 2026
Honda Motorcycle & Scooter India (HMSI), a leading two-wheeler manufacturer in the country, has announced its wholesales for FY2026.
The company sold 549,145 units in March 2026, up 29 percent YoY, which includes 512,303 units in domestic market and 36,842 units exported.
For FY2026, wholesales came at 6.36 million units, up 9 percent YoY, which includes 5.74 million units in domestic market and 620,229 units exported.
Honda Motorcycle & Scoter India stated that the year witnessed a balanced performance across domestic and export markets, supported by a strong product portfolio and a consistent focus on quality, reliability and customer satisfaction.
Simple Energy Records Highest Monthly Sales In March 2026
- By MT Bureau
- April 01, 2026
Bengaluru-based electric vehicle manufacturer Simple Energy has reported its highest-ever monthly sales in March 2026.
The company reported registering 1,744 units across India (excluding Telangana) as per VAHAN data, which marks a 128.25 percent MoM growth.
The OEM has now secured a position among the top 10 electric two-wheeler manufacturers in India. Simple Energy said it moved to 9th place in the national rankings, surpassing e-Sprinto.
Bengaluru-based electric two-wheeler company Ola Electric has announced a recovery in business performance, with daily orders exceeding 1,000 units during the final week of March 2026.
The company reported retail sales of 10,117 units in March 2026 (as per VAHAN data), representing a 150 percent increase from the 3,973 units recorded in February.
The demand recovery, the company said, follows a restructuring of its service operations. Ola Electric reported that 80 percent of vehicles are now serviced on the same day. This change is attributed to improved parts availability, faster diagnostics and tighter operational control. These measures were implemented to address previous service challenges and reduce turnaround times.
Furthermore, it has introduced complimentary cab rides in the event of service delays. Assured resale value for all vehicles in the portfolio. An 8-year warranty covering the entire product range.
Interestingly, Ola Electric became the first Indian electric vehicle brand to surpass 1 million cumulative registrations on the VAHAN platform.
“We are seeing a clear inflection in demand, with daily orders scaling steadily through March and accelerating meaningfully in the final weeks. This momentum is being driven by the structural improvements in our service operations, which are now delivering faster turnaround times and a significantly better ownership experience. As customer confidence strengthens, we are seeing stronger conversion across our portfolio, giving us confidence that this recovery will further sustain and scale,” said Ola Electric in a statement.
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