The two-wheeler industry in India is gearing up for the festive season and in contrast to the four-wheeler segment, it continues to expect a healthy growth demand.

Taking a closer look at the company-wise sales performance for the month of September 2024, Hero MotoCorp the world’s largest two-wheeler maker reported 19 percent growth YoY in the domestic market. The company sold 616,706 two-wheelers, as against 519,789 units for the same period last year.

Hero MotoCorp states that there is a positive sentiment prevalent in the industry as it approaches the festive season on the back of a good monsoon. It has a strong pipeline of bookings and is experiencing increased customer footfall leading up to the festive season. The company expects healthy growth during the 32-day period starting from October 3.

Honda Motorcycle & Scooter India (HMSI) reported wholesales of 536,391 units, which was 9 percent higher than 491,802 units last year.

During the period the company attained a new sales milestone for its popular scooter the ‘Activa’, which went home to over 10 million customers in the South Indian states and union territories of Tamil Nadu, Karnataka, Telangana, Kerala, Andhra Pradesh, Puducherry, and Andaman & Nicobar Islands.

TVS Motor Co, too reported a healthy growth of 23 percent YoY with 369,138 two-wheelers sold, compared to 300,493 units for the same period last year.

The company’s EV sales registered a growth of 42 percent increasing from 20,356 units in September 2023 to 28,901 units in September 2024.

For Pune-based Bajaj Auto, the monthly two-wheeler sales jumped by 28 percent, from 202,510 units in September 2023 to 259,333 units in September 2024.

Chennai-based Royal Enfield, a leading mid-sized motorcycle manufacturer, continued to drive sales with its product offensive strategy. The company reported 7 percent growth for September 2024, selling 79,326 units, as against 74,261 units for the same period last year.

Overall, the two-wheeler segment is expected to see a robust demand driven by both rural and urban India as the festivities approach.

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Jawa Yezdi Motorcycles has announced the release of the Yezdi Roadster ‘Red Wolf’ edition as a retrospective reference to the brand’s 1970s icons, featuring deep-red paint and chrome detailing across the engine, exhaust and handlebars.

The motorcycle is positioned as a long-haul roadster and will be available at authorised dealerships across India at an introductory price of Rs 2,09,950 (ex-showroom Delhi).

The Red Wolf is powered by a 350 Alpha2 liquid-cooled engine. It features a segment-first 6-speed gearbox equipped with an assist and slipper clutch. It gets dual-channel ABS from Continental with 320mm front and 240mm rear discs. Telescopic front forks and dual rear shocks, 795mm seat height and 171mm ground clearance, widest-in-segment rear tyre and 12.5-litre fuel tank providing a range exceeding 350 km.

The model incorporates a sculpted fuel tank, wide rear and hugger fenders and a modular solo or pillion seating setup. The ergonomics include centre-forward footpegs to create a relaxed riding triangle for touring. The exterior is finished with LED lighting and a twin-barrel exhaust system.

The motorcycle is supported by an ‘Ownership Assurance Programme’, which includes a standard 4-year or 50,000 km warranty, with options to extend coverage to 6 years. The programme also offers up to 8 years of roadside assistance and maintenance plans covering 5 years across 450 service points.

Anupam Thareja, Co-Founder, Jawa Yezdi Motorcycles, said, “The Red Wolf joins the pack of Roadsters from Yezdi, the only true India-born classic motorcycle brand in the world. It is a name which does not have to invent stories. It has them in every decade. Like a true Yezdi forged in India, the Roadster Red Wolf has the rare ability to set the rider up to look good, almost rakishly so, without trying too hard. Its vintage swagger is a throwback to Yezdi’s palette of deep reds and metallics from the 1970s. Only this time, beneath its unapologetic chrome lies performance engineering built for Indian roads and modern riders. We’ve built Yezdi Roadsters for those who don’t follow the pack. The Red Wolf is ready to gather its own.”

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India Yamaha Motor has expanded its XSR155 line-up with the introduction of a ‘Metallic Black’ colour option at INR 158,990 (ex-showroom, Delhi).

The new variant features golden upside-down (USD) front forks and minimalist bodywork, following the brand’s ‘Modern Retro Sport’ design philosophy. The XSR155 was originally launched in the Indian market in November 2025. It is built on Yamaha’s Deltabox frame and includes an aluminium swing arm.

The motorcycle utilises a 155cc liquid-cooled, 4-valve engine equipped with Variable Valve Actuation (VVA) technology. The XSR155 produces 13.5 kW of power and 14.2 Nm of torque. It features 6-speed gearbox with an assist and slipper clutch, USD front forks and linked-type monocross rear suspension, deltabox frame with 17-inch wheels and dual-channel ABS and Traction Control System (TCS).

Hajime Aota, Chairman, Yamaha Motor India Group, said, “At Yamaha, innovation is driven by emotion and shaped by our riders. The exceptional response to the XSR155 since its debut reflects the strong resonance of the Modern Retro Sport philosophy in India. When our community expressed a clear aspiration for a black variant, we acted with agility and purpose. The introduction of the Metallic Black XSR155 is not just about a new colour — it is about deepening our connection with riders who seek individuality, performance, and styling in one compelling package. We remain committed to delivering products that inspire pride of ownership and pure riding excitement.”

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Chennai-based mid-sized motorcycle specialist Royal Enfield has reported monthly sales of 100,905 motorcycles for February 2026, an 11 percent increase over the 90,670 units sold last year.

Domestic sales grew by 13 percent to 91,248 units, while exports saw a marginal decline of 2 percent to 9,657 units. For the current financial year-to-date, total sales have reached 1.12 million units, a 24 percent increase compared to the previous year.

To address demand, parent company Eicher Motors has approved a USD 116 million (Rs 958 crore) investment for a brownfield expansion at the Cheyyar manufacturing facility in Tamil Nadu. This project, expected to be completed over the next 18 months, will increase annual production capacity from 1.46 million units to 2 million units.

In international markets, the Royal Enfield Bear 650 received the ‘Best Naked Bike’ award at the Indonesia International Motor Show (IIMS) 2026. The company also opened its first international apparel store in Russia.

B. Govindarajan, Managing Director, Eicher Motors and CEO, Royal Enfield, said, “February continues the positive momentum we have seen this financial year, reflecting sustained demand across markets and our growing global community. To prepare for current and future growth, we recently announced plans for a capacity addition that will be achieved over the next 18 months through a brownfield expansion at our Cheyyar manufacturing facility in Tamil Nadu. This will take our annual production capacity up to 2 million units from the existing 1.46 million units. Rooted in our long-term goal to build readiness into our operations, this expansion aims to serve our community as the demand grows. We remain optimistic about the road ahead.”

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Hero MotoCorp, the world’s largest two-wheeler manufacturer, has recorded its highest YoY dispatch performance for February, with 558,216 units sold. This represents a 44 percent increase compared to the 388,068 units dispatched during the same month in 2025.

The company also reported an 18 percent increase in VAHAN registrations, totalling 458,346 units for the month.

Hero MotoCorp attributed the growth to the 100cc–125cc motorcycle segment and the scooter category, specifically the Xoom and Destini models.

VIDA, the electric mobility arm of Hero MotoCorp, recorded a threefold increase in market share compared to February 2025. Registrations for VIDA reached 12,514 units, reflecting a shift in consumer adoption of electric vehicles in the company's markets.

The international business division saw dispatches rise from 30,772 units to 41,248 units. This double-digit growth in global markets was attributed to demand for the company’s portfolio of premium motorcycles.

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