Honda Motorcycle & Scooter India’s Dedicated Electric Two-Wheeler Plant To Come Up In Karnataka By 2028
- By Nilesh Wadhwa
- January 28, 2025
Honda Motorcycle & Scooter India (HMSI), one of the leading two-wheeler manufacturers globally, is doubling down on its bet on the domestic market.
In a recent interaction with Japanese media, the company announced its future plans including setting up a new dedicated manufacturing facility for electric two-wheelers in Karnataka, India.
In an investor presentation, Daiki Mihara, Operating Executive, Head, Motorcycle And Power Products Electrification Business Unit, Electrification Business Development Operations, Honda Motor Co, revealed that in 2030 the Japanese major aims to sell 4 million two-wheelers globally, have 30 electric model offerings and achieve 50 percent cost reduction for finished electric two-wheelers. By 2030 the company will invest YEN 500 billion.
In terms of profitability, its operating profit margin will grow by 5 percent by 2030 and more than 10 percent post-2030.
India will take a bigger responsibility where the company is looking to introduce a wide range of electric two-wheelers by combining modules. While the exact product line-up is not revealed, the investor presentation hints towards a dirt bike, five new e-scooters, and an electric motorcycle too. It is betting on modularity and the
The Japanese automaker is also optimistic about seeing its global two-wheeler sales cross the 500 million unit cumulative sales milestone this year.
For FY2025, Honda Motors Co expects two-wheeler sales to reach 20.2 million units, which is approximately 40 percent share of global motorcycle sales. The Asian market, including India, Indonesia, Thailand and Vietnam, accounts for 85 percent of global unit sales (17.17 million units), and Japan, Europe and the U.S. markets account for 6 percent (1.2 million units).
The idea is to capture 50 percent global market share in two-wheeler sales across Internal Combustion Engine and EVs.
For this India will act both as a domestic manufacturing and export hub, ‘Honda will further expand its motorcycle business by implementing efficient product strategies globally, such as exporting high-value, highly-competitive products nurtured in India,’ said the company in a statement.
TVS Apache Crosses 7 Million Sales Milestone, Launches Tu Race Laga Campaign
- By MT Bureau
- July 06, 2026
Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company has announced that its popular Apache motorcycle brand has surpassed 7 million customers worldwide.
To mark the milestone, the company has released a brand new campaign film titled ‘Tu Race Laga’, directed by acclaimed Bollywood director Ram Madhvani.
Established in 2005, the Apache motorcycle lineup is based on key learnings from the company’s racing division. The brand has introduced features including fuel injection, ride modes and traction control systems. The motorcycles are currently available in 90 countries.
Gaurav Gupta, President, India 2W Business, TVS Motor Company, said, “We thank the 7 million TVS Apache riders for their trust and passion over the past two decades. From racing roots to a global performance brand, this milestone reflects the dedication of the entire TVS Motor ecosystem. We will continue to push the boundaries of performance motorcycling through purposeful innovation, global expansion and strong riders communities.”
Vimal Sumbly, Head Business - Premium, TVS Motor Company, said, “Twenty years ago, TVS Apache was born with a singular vision - to bring the excitement, control, and race-bred capability of the racetrack to everyday riders through our ‘Track to Road’ philosophy. Today, as we celebrate the milestone of 7 million customers globally, we are proud to see TVS Apache evolve into one of the world’s fastest-growing premium motorcycle brands and a thriving community united by a shared passion for riding. The launch of ‘Tu Race Laga’ is a tribute to this journey and to every rider who chooses to push boundaries, embrace progress, and carry the racing spirit into everyday life. As we look ahead, we remain committed to redefining motorcycling through relentless innovation, race-bred technology, and experiences that inspire riders across the world.”
The Apache range includes the RTR 160, RTR 160 4V, RTR 180, RTR 200 4V, RTR 310, RR 310 and the RTX.
Suzuki Motorcycle India Sells 91,264 2Ws In June 2026
- By MT Bureau
- July 02, 2026
Suzuki Motorcycle India, a leading manufacturer of scooters and motorcycles in the country, has announced its wholesales for June 2026.
The company recorded total sales of 115,030 units last month, a 21 percent YoY increase compared to the 95,244 units sold a year ago. Domestic sales reached 91,264 units, up 23 percent YoY, while exports grew 12 percent to 23,766 units.
Deepak Mutreja, Vice-President – Sales & Marketing, Suzuki Motorcycle India, said, “Our sales performance in June reflects the sustained momentum, supported by strong demand and the trust our customers continue to place in the Suzuki brand. As customer expectations continue to evolve, we remain focused on delivering products that offer reliability, performance and value. At the same time, we are strengthening our engagement with customers through meaningful initiatives and experiences that help us build lasting relationships beyond the purchase.”
Revenue from spare parts sales totalled INR 929 million in June 2026, marking 15 percent growth over the previous year.
During the month, Suzuki Motorcycle India conducted the Burgman Hangout Parade in Pune and Hyderabad. Additionally, the company held GIXXER Pit Stop events in Kumbakonam, Ranchi, Bengaluru and Dehradun, which involved 285 participants.
Yulu Enables Mobility For Over 12,000 Women Home Service Professionals
- By MT Bureau
- July 02, 2026
Yulu, an Indian shared electric mobility platform, has announced that over 12,000 women home service professionals across 12 cities have utilised its platform to facilitate their work.
By providing accessible, low-cost electric vehicles (EVs), Yulu is actively dismantling mobility barriers that often prevent women from entering or thriving in the gig economy.
The platform supports women working as home cleaners, meal preppers and laundry professionals in the fast-growing online home services sector. Yulu’s lightweight, speed-capped EVs – which do not require a driver’s license – have allowed these professionals to complete 25–30 percent more assignments daily.
The all-inclusive rental model, which covers battery swapping and maintenance, significantly lowers the barrier to entry for women who previously lacked reliable personal transport.
Beyond the 12,000 women in home services, Yulu says it has empowered over 550,000 gig workers and delivery partners nationwide, many of whom have seen their incomes rise by 30–40 percent compared to using traditional petrol bikes.
The integration of Yulu’s mobility solutions comes at a pivotal time for India's service economy. According to Redseer Strategy Consultants, India's online home services market is expected to grow at a CAGR of 18–22 percent, reaching nearly USD 1 billion by FY2030.
At present over 35,000 women professionals are providing on-demand home services across platforms such as Urban Company, Snabbit and Pronto to name a few.
Amit Gupta, Co-Founder & CEO, Yulu, said, "Access to a vehicle often spells the difference between being dependent on her family and having an additional income stream that unlocks independence and dignity."
Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has announced its wholesales for June 2026.
The company recorded total sales of 463,202 units last month, which was 28 percent higher compared to 360,806 units in June 2025. This includes 389,395 two-wheelers, up 30 percent YoY, as compared to 298,484 units a year ago.
Interestingly, while the company’s domestic sales grew by 12 percent to 166,956 units, its exports saw 49 percent YoY growth to 222,439 units.
Three-wheeler sales for last month came at 42,881 units (+10 percent YoY) in the domestic market and 30,926 units in the export market (+33 percent YoY).
For Q1 FY2027, the domestic two-wheeler sales came at 586,547 units, up 11 percent YoY, as against 529,344 units a year ago. Exports on the other hand saw a robust 52 percent YoY growth to 636,005 units, as against 419,447 units last year.
Three-wheeler sales in the domestic market grew by 13 percent YoY to 119,531 units, while exports grew 69 percent YoY to 96,168 units.
Comments (0)
ADD COMMENT