Indian Two-Wheeler Industry Grows by Over 35% in Feb 2026

The 2-wheeler industry, with an exceptional YoY growth of more than 35 percent, outnumbered every other industry such as 3-wheeler, 4-wheeler and commercial vehicle

The Indian two-wheeler industry registered an impressive YoY growth of 35.2 percent in Feb 2026 sales. A total of 18,71,406 units were sold last month as compared to 13,84,605 units in Feb 2025. According to the data released by the Society of Indian Automobile Manufacturers (SIAM), the scooter segment posted strong YoY growth of 42.3 percent with volumes of 7,29,774 units. On the other hand, the motorcycle segment also grew by 30.8 percent on a YoY basis with sales numbers reaching 10,96,537 units.

Rajesh Menon, Director General, SIAM stated that the performance is backed by “positive sentiments” within the industry. He further said that sales momentum will continue in March as well due to the festive demand. However, Menon took a cautious view on the ongoing conflict in West Asia and warned that it could disrupt global supply chains.

If we talk about brand-wise sales, Hero MotoCorp continued to lead the charts with 4,57,826 units while Honda closed in on the gap with 4,31,253 units. TVS Motor Company bagged the third spot with sales of 3,33,935 units. All the three leading two-wheeler brands mentioned before reported positive YoY growth in Feb 2026 in the Indian market.

Bajaj Auto retained the fourth position with sales of 1,80,846 units, followed by Suzuki with volumes of 94,398 units. Royal Enfield secured the sixth position with 91,216 units in Feb 2026. While all the automobile brands mentioned in this paragraph went on to register positive YoY sales growth, the MoM sales were down for every two-wheeler company.

Yamaha, Ather and Greaves Cotton Mobility (Ampere) occupied the seventh, eighth and ninth position with sales of 60,967, 20,584 and 4,724 units, respectively. Interestingly, Ather Energy and GEM are pure EV brands with zero presence in the ICE segment. On the other hand, several legacy players like Hero, Bajaj and TVS retail both ICE and EV models in the country.

Classic Legends with three sub-brands namely Jawa, Yezdi and BSA was at the tenth position with sales of 4,468 units in Feb 2026. Ola Electric, for the first time, was ousted from the list of top 10 auto brands in the Indian market as sales numbers were at an all-time low in the last four years. Ola sold a total of 3,968 units in Feb 2026 with YoY de-growth of around 54 percent.