In March, two -wheelers filled a lot of furnah – two wheelers filled up a lot in March
In March this year, the two -wheeler market has performed strongly. Most manufacturers have registered an increase in two digits. In March this year, leading two -wheelers like Royal Enfield, TVS Motor, Suzuki Motorcycle and Hero MotoCorp gained increase in domestic sales as compared to March last year. However, the performance of Bajaj Auto has been sluggish during this month. Experts believe that even though the two -wheeler industry has registered a positive growth during March and all major companies have gained two points, the long -term -term approach is pointing to moderate speed.
Anurag Singh, advisor to primary partners, says, “The number of two -wheelers is already high on Indian roads and 2 crore vehicles are expected to be sold annually.” Therefore, in such a situation it can be difficult to maintain the current growth rate. Given the current economic situation, I believe that one digit may increase by about 5 percent during the next three to five years.
It is noteworthy that from FY 2024 to FY 2025, there has been a strong increase in total two -wheeler sales. In FY 2025, major companies like TVS, Suzuki, Honda Motorcycle and Scooter India, Hero, Bajaj and Royal Enfield sold a total of 2,00,29,530 vehicles, which is 7.27 per cent compared to FY 2024. A total of 1,86,71,443 two -wheelers were sold in the financial year 2024. Especially TVS has sold 43,30,000 two-wheelers in FY 2025 against 38,51,000 vehicles in FY 2024, while Suzuki, Honda Motorcycle & Scooter, Hero, Bajaj and Royal Enfield have also achieved record growth in their respective category.
Organization of Indian vehicle manufacturers (Sayam) had said that 1,64,86,786 two -wheelers were sold during April to February in FY 2024, which increased by 8.9 per cent to 1,79,50,393 in FY 2025. In FY 2025, the two -wheeler industry added an average of 16.3 lakh vehicles every month. According to this, it is expected that by the end of the industry, around 1.96 crore vehicles will be added, which will be 18.77 percent more than the financial year 2024.
In March this year, Royal Enfield’s domestic sales increased by 33 per cent over a year ago. The company sells 88,050 vehicles in March this year, compared to 66,044 two -wheelers in March last year. The export of the firm has also increased by 36 per cent to 12,971 vehicles this year as against 9,507 vehicles a year ago. The company is increasing its international appearance globally as it is starting a assembly plant in Thailand and expanding with entry into Bangladesh markets.
TVS Motor has gained a 14 per cent growth in domestic sales and sold 2,97,622 vehicles in March this year, compared to 2,60,532 two -wheelers of the company in March last year. TVS’s total motorcycle sales have increased by 15 per cent and scooter sales by 27 per cent. At the same time, sales of electric vehicles have also increased by 77 percent to 26,935 vehicles. The company’s exports have also increased by 22 per cent to 1,02,498 vehicles.
First Published – April 3, 2025 | 10:42 pm IST
