The Indian two-wheeler industry concluded November 2025 on a powerful note, with leading manufacturers reporting impressive year-on-year sales growth. The festive and post-festive season momentum continued to drive demand across both domestic and international markets.
Market Leaders Post Robust Numbers
Hero MotoCorp maintained its dominant market position, registering a substantial 31% year-on-year increase in total sales. The company sold 6,04,490 units in November 2025, a significant jump from the 4,59,805 units sold in the same month last year. Domestic sales formed the bulk at 5,70,520 units, while exports contributed 33,970 units.
Following closely was Honda Motorcycle & Scooter India (HMSI), which reported total sales of 5,91,136 units, marking a healthy 25% growth. The company's domestic market sales stood at 5,33,645 units, with exports accounting for 57,491 units, continuing its strong performance through the key sales period.
Strong Performances Across the Board
TVS Motor Company witnessed a sharp surge in demand, recording total sales of 5,19,508 units. This represents a notable 30% growth over the 4,01,250 units sold in November 2024. The two-wheeler segment alone grew by 27%, reaching 4,97,841 units. Domestic sales climbed to 3,65,608 units, with motorcycles and scooters registering impressive growth rates of 34% and 27% respectively.
Suzuki Motorcycle India also enjoyed a strong month, with total sales rising 30% to 1,22,300 units from 94,370 units a year earlier. Domestic sales contributed 96,360 units (a 23% rise), while exports saw a remarkable surge of 62%, reaching 25,940 units.
The iconic Royal Enfield posted sales of 1,00,670 units, registering a solid 22% year-on-year growth from 82,257 units. Its exports remained steady at 10,265 units, slightly higher than the 10,021 units exported in November 2024.
Modest Growth for Bajaj Auto
Bajaj Auto reported a more modest increase in two-wheeler sales, with total volumes reaching 3,79,714 units, reflecting a 3% growth over the previous year. Domestic sales were nearly flat at 2,02,510 units compared to 2,03,611 units in November 2024. However, the company's export performance was brighter, seeing an 8% rise to 1,77,204 units.
The collective sales data from November 2025 underscores a period of vigorous recovery and expansion for India's two-wheeler sector. The widespread growth across major players indicates renewed consumer confidence and robust demand, setting a positive tone for the closing quarter of the financial year.
