India Two-Wheeler Sales Feb 2026 – Hero, Honda, TVS, Bajaj & Suzuki

India’s two-wheeler industry registered strong growth in February 2026 with total domestic dispatches reaching 18,71,406 units, compared to 13,84,605 units in February 2025. This translates to a 35.2 percent year-on-year increase, indicating strong demand across motorcycles and scooters in both rural and urban markets.

Brand	Feb 2026	Feb 2025	Growth	Feb 26 MS
Hero MotoCorp	5,16,968	3,57,296	44.7%	27.62%
Honda	5,13,217	3,83,918	33.7%	27.42%
TVS Motor	3,65,471	2,76,072	32.4%	19.53%
Bajaj Auto	1,86,164	1,46,138	27.4%	9.95%
Suzuki	1,01,071	73,215	38.0%	5.40%
Royal Enfield	91,248	80,799	12.9%	4.88%
Yamaha	67,072	50,458	32.9%	3.58%
Ather Energy	26,467	13,482	96.3%	1.41%
Piaggio	3,009	2,473	21.7%	0.16%
Kawasaki	565	266	112.4%	0.03%
Triumph	154	95	62.1%	0.01%

Hero And Honda Lead Market

Hero MotoCorp retained its position as India’s largest two-wheeler manufacturer with 5,16,968 units dispatched in February 2026. The company posted a strong 44.7 percent year-on-year growth, increasing its market share to 27.62 percent.

Honda followed closely with 5,13,217 units, reflecting a 33.7 percent increase compared to the same month last year. Despite the growth, Honda’s market share stood slightly lower at 27.42 percent, keeping the competition between the two brands extremely close.

TVS, Bajaj, and Suzuki Performance

TVS Motor Company maintained third position with 3,65,471 units, registering 32.4 percent growth. Bajaj Auto reported 1,86,164 units during the month, while Suzuki Motorcycle India crossed the 1 lakh monthly dispatch mark with 1,01,071 units, recording 38 percent growth.

Premium And EV Segment

Royal Enfield reported 91,248 units while Yamaha recorded 67,072 units during February 2026. Among electric two-wheeler brands, Ather Energy delivered one of the strongest performances with 26,467 units, representing 96 percent year-on-year growth.

The strong February performance highlights sustained demand recovery in the two-wheeler sector, with growth coming from entry-level motorcycles, scooters and electric mobility.