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.

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Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has reported total wholesale dispatches of 570,068 units for May 2026, up 12 percent YoY, as compared to 507,701 units sold last year.

Overall domestic dispatches stood at 536,784 units for the month, registering around 10 percent growth compared to May 2025. The growth, the company said, was primarily driven by double-digit volume gains across the Deluxe 125cc, premium motorcycle and scooter segments. To further consolidate its position, the company launched the all-new Super Splendor XTEC 2.0 in the 125cc category.

On the exports front, sales grew around 78 percent YoY, albeit a low-year-ago base, with dispatches rising to 33,284 units in May 2026 from 18,704 units in May 2025. This global momentum was backed by an expanding premium product portfolio and targeted market entries.

The company's domestic retail momentum remained robust, supported by 496,957 official VAHAN registrations (excluding Telangana) recorded during the month.

Furthermore, VIDA, Hero MotoCorp’s emerging electric vehicle (EV) brand, continued its rapid retail scale-up, registering 19,052 units on the VAHAN platform in May 2026, up 166 percent over the corresponding period last year.

VIDA also commenced retail operations for the Dirt.E K3 electric motorcycle in select markets, expanding its product accessibility to target younger riding demographics.

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Suzuki Motorcycle India (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, has recorded its highest-ever monthly sales volume, delivering 132,244 units in May 2026, up 3 percent YoY, as compared 128,897 units sold last year.

The milestone performance was driven by an all-time high in domestic dispatches alongside steady growth in international export markets.

Suzuki Motorcycle India saw positive momentum in both the domestic market and exports. The company sold 110,028 units in the domestic market, up 2 percent YoY, while exports came at 22,216 units, up 5 percent YoY.

In addition to whole vehicle distributions, the manufacturer's spare parts division recorded financial gains. Spare parts sales generated revenue of INR 953.60 million in May 2026, marking a 14 percent growth rate over the prior year's corresponding month.

The volume growth highlights the impact of rising customer demand and SMIPL's expanded market outreach. Moving into the next phase of the fiscal year, the company plans to focus on brand activations and targeted engagement initiatives to maintain momentum.

Deepak Mutreja, Vice-President of Sales & Marketing, Suzuki Motorcycle India, said, “SMIPL’s strong performance in May 2026, marked by the highest-ever monthly sales, reflects the positive response to our products and services in the market. The domestic growth highlights the impact of a customer-centric approach and sustained engagement efforts in building deeper connections. Going forward, the focus remains on further enriching customer experiences through impactful engagement initiatives and brand activations.”

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Honda Motorcycle & Scooter India (HMSI), one of the leading two-wheeler manufacturers, has reported total sales of 518,777 units for May 2026, marking a 12 percent YoY growth compared to the 465,109 units sold for the same month last year.

The sales include 459,611 units in the domestic market, up 10 percent YoY, while exports came at 59,166 units, up 24 percent YoY.

The company's performance indicates steady demand across the automotive two-wheeler market, supported by a product portfolio and a retail network of over 7,000 corporate touchpoints nationwide.

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Chennai-based mid-sized motorcycle manufacturer Royal Enfield has its wholesales 103,231 motorcycles for May 2026, which marks a 15 percent YoY growth compared to the 89,428 motorcycles sold last year.

Interestingly, while domestic sales experienced a strong double-digit growth, international export volumes faced a downward correction during the month.

The company sold 94,115 motorcycles in the domestic market, up 24 percent YoY, while exports declined by 33 percent to 9,116 units.

Royal Enfield is also gearing up to further scale up its production with plans to acquire a land parcel in Tada, Andhra Pradesh, for a new greenfield manufacturing facility. The planned investment of approximately INR 25 billion is to be deployed in a phased manner to augment long-term production capacity.

The OEM also officially expanded its 650cc mid-size motorcycle portfolio by launching the Bullet 650 across India, Europe, the Middle East, Africa (EMEA) and the Australia-New Zealand (ANZ) regions.

B Govindarajan, Managing Director, Eicher Motors and CEO, Royal Enfield, said, “We are carrying our momentum in FY27 with continued growth in Q1, despite the prevailing macro-headwinds. This month was exciting for us, as we strengthened our product portfolio with the Bullet 650. The Bullet is the world’s longest-running motorcycle in continuous production and has garnered the love of riders across generations. The all-new Bullet 650 carries that legacy forward authentically, retaining the soul and unmistakable design philosophy of the Bullet. Another significant business milestone in May was the announcement of our plans for a new manufacturing facility in Andhra Pradesh to support our long-term projected growth. We also continued to deepen our presence in international markets and engage our riding communities through initiatives like the biggest-ever Himalayan Odyssey and the sixth edition of the Continental GT Cup.”

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