India’s two-wheeler market recorded strong festive-season activity in October 2026, with major manufacturers reporting higher domestic sales. TVS Motor, Hero MotoCorp and Honda reported growth, while scooter demand and electric two-wheelers remained important areas to watch.
TVS Motor Leads October Two-Wheeler Sales Growth
TVS Motor Company | Domestic two-wheeler dispatches
22% year-on-year growth
TVS Motor Company emerged as one of the strongest performers in October 2026. Its domestic two-wheeler dispatches increased to 5,14,764 units, compared with 4,21,631 units in October 2025.
The company’s total two-wheeler sales, including exports, reached 6,70,679 units, registering 28% growth over the previous year.
Electric vehicles were a particularly important part of its October performance. TVS reported 71,382 electric two-wheeler sales, compared with 32,387 units in the corresponding month last year. This represented a 120% increase.
The performance highlights the growing importance of electric scooters alongside conventional petrol-powered motorcycles and scooters. TVS has established a presence in both segments, giving it access to customers with different commuting requirements and budgets. ETAuto.com+1
Hero MotoCorp Records Strong Growth as Scooter Demand Rises
Hero MotoCorp | October 2026 dispatches
16% year-on-year growth
Hero MotoCorp reported total dispatches of 7,34,403 motorcycles and scooters in October 2026, compared with 6,35,808 units during October 2025.
One of the biggest highlights was the company’s scooter performance. Scooter dispatches increased by 60.8% to 1,04,603 units, up from 65,055 units a year earlier.
Motorcycle dispatches also recorded growth, rising 10.3% to 6,29,800 units from 5,70,753 units.
The difference between the two categories is worth noting. Although motorcycles continued to account for the larger share of Hero’s volumes, scooters recorded considerably faster growth during the month.
The company’s domestic dispatches increased 16.6% to 7,05,084 units, while exports declined 5.4% to 29,319 units.
Hero’s electric mobility business, VIDA, also reported 30,143 dispatches during October. The company stated that VIDA’s share of India’s electric two-wheeler segment increased to 13.6%, compared with 11.1% in October 2025.
These numbers suggest that Hero is gaining traction across conventional motorcycles, scooters and electric mobility. The Financial Express
Honda Motorcycle and Scooter India Maintains Its Strong Position
Honda Motorcycle and Scooter India | October 2026
11% year-on-year growth
Honda Motorcycle and Scooter India (HMSI) continued to report healthy domestic sales during October.
The company recorded domestic sales of 6,64,831 units, compared with 5,98,952 units in October 2025, representing an 11% increase.
Honda’s presence across the scooter and motorcycle categories gives it access to a wide range of Indian customers. Its popular product portfolio includes the Activa scooter range, the Shine commuter motorcycle range and several other models.
The company also benefits from an extensive dealership and service network. According to its October sales report, Honda has more than 7,000 touchpoints across the country.
For buyers in smaller cities and towns, dealership accessibility, servicing facilities and spare parts availability can influence purchasing decisions alongside vehicle prices and mileage.
Honda’s October performance indicates that demand for its existing product portfolio remains significant, even as competition increases from established manufacturers and electric vehicle companies. The Financial Express
Royal Enfield Sees Growth in Premium Motorcycle Demand
Royal Enfield | October 2026 domestic dispatches
4% year-on-year growth
Royal Enfield recorded domestic dispatches of 1,21,527 motorcycles in October 2026, compared with 1,16,844 units during the same month last year.
The company reported growth across its engine-capacity categories. Models with engines of up to 350cc, including electric vehicles, recorded a 5.4% increase in dispatches to 1,16,816 units.
Motorcycles with engine capacities exceeding 350cc performed even better in percentage terms, recording 18.11% growth with 16,626 units dispatched.
The figures indicate continued interest in the premium motorcycle segment, where buyers often consider design, riding comfort, engine performance and long-distance touring capabilities.
Royal Enfield’s performance is particularly relevant to India’s growing motorcycle enthusiast market. While commuter motorcycles remain important for everyday transportation, premium motorcycles have created a separate customer segment that prioritises riding experience and brand identity.
However, monthly dispatch growth alone does not establish how individual models are performing. Model-wise sales figures would be needed to identify which motorcycles contributed most to the company’s growth. The Financial Express
Bajaj Auto Records Growth in Domestic Two-Wheeler Sales
Bajaj Auto also reported positive growth in its October 2026 sales announcement.
The company recorded domestic two-wheeler sales of 2,92,885 units, compared with 2,66,470 units in October 2025, representing a 10% increase.
Its two-wheeler exports reached 2,08,309 units, registering 18% growth over the previous year.
For April to October 2026, Bajaj Auto reported domestic two-wheeler sales of 14,86,848 units, compared with 13,92,390 units in the corresponding period last year.
Its overall two-wheeler sales, including exports, increased 22% during the seven-month period.
Bajaj has a significant presence in commuter and performance-oriented motorcycle categories through its Pulsar and other product ranges. The company is also competing in the electric scooter segment through its Chetak brand.
Its October numbers show that domestic demand and international markets both contributed to the company’s performance. BazaarWatch
Electric Two-Wheelers Become an Important Part of the Market
The October sales announcements also highlight how electric mobility is becoming an important part of India’s two-wheeler industry.
TVS recorded 71,382 electric two-wheeler sales during the month, while Hero’s VIDA business reported 30,143 dispatches.
Ather Energy, Bajaj Chetak and Ola Electric are other important participants in the electric two-wheeler market.
According to October Vahan registration data available on November 2, TVS, Bajaj and Ather were among the leading electric two-wheeler manufacturers. TVS recorded approximately 60,433 registrations, Bajaj 49,068 and Ather 31,796.
These registration figures are different from company dispatch numbers and should not be directly compared with them.
The increasing presence of electric scooters reflects changing consumer considerations, including daily travel costs, charging access, battery range and maintenance requirements.
For customers in Tier-2 and Tier-3 cities, the decision to purchase an electric scooter can depend heavily on the availability of charging facilities and authorised service centres. Consequently, the expansion of dealership and charging infrastructure will remain important for manufacturers seeking customers beyond major metropolitan markets. ALLVOLTAUTO.com+2
What October Sales Mean for Indian Two-Wheeler Buyers
October’s performance suggests that established manufacturers continue to hold an important position in India’s two-wheeler market, while electric mobility is creating additional competition.
Hero MotoCorp’s scooter growth, TVS Motor’s electric vehicle performance and Honda’s domestic sales demonstrate that different companies are finding opportunities in different customer segments.
For buyers, the competition could mean more choices across commuter motorcycles, family scooters, premium bikes and electric two-wheelers.
However, monthly sales growth should not be the only factor influencing a purchase decision. Buyers should also consider the vehicle’s on-road price, mileage or riding range, maintenance costs, warranty coverage, resale value and service availability.
The coming months will show whether the October momentum continues after the festive season. Manufacturers will also need to maintain demand through product updates, financing options and stronger after-sales support.
Key Takeaways
- TVS Motor recorded 22% growth in domestic two-wheeler dispatches, while its electric two-wheeler sales increased 120%.
- Hero MotoCorp reported 16% total dispatch growth, with scooters recording a faster 60.8% increase.
- Honda registered 11% domestic sales growth, while Royal Enfield recorded 4% growth in domestic dispatches.
- Bajaj Auto reported 10% growth in domestic two-wheeler sales, supported by both domestic and export demand.
Frequently Asked Questions
1. Which two-wheeler company recorded the highest growth in October 2026?
Among the major manufacturers discussed, TVS Motor recorded the highest growth in domestic two-wheeler dispatches at 22%. Its electric two-wheeler sales increased by 120%.
2. Which company recorded the highest scooter growth in October 2026?
Hero MotoCorp recorded 60.8% growth in scooter dispatches, reaching 1,04,603 units compared with 65,055 units in October 2025.
3. Which electric two-wheeler brands performed strongly in October 2026?
TVS, Bajaj, Ather and Hero’s VIDA business were among the prominent electric two-wheeler manufacturers. TVS led the October Vahan registrations among these brands.
4. Are two-wheeler dispatches and retail sales the same?
No. Dispatches refer to vehicles manufacturers send to dealerships, while retail sales or registrations indicate vehicles registered with transport authorities. The two figures can differ because of dealership inventory and registration timing.
