Indian two-wheeler category witnessed a growth of 12% YoY but was down by -9% from its pre-covid levels. The 2W segment fell to 7 year low with total retails of 15.9 million during the financial year 2023.

Vehicles sold in FY23: 51,30,611 Market share in FY23: 32.07% Vehicles sold in FY22: 46,35,480 Market share in FY22: 34.35%

HERO MOTOCORP

Vehicles sold in FY23: 38,92,340 Market share in FY23: 24.33% Vehicles sold in FY22: 29,73,481 Market share in FY22: 22.04%

HONDA MOTORCYCLE AND SCOOTER INDIA

Vehicles sold in FY23: 24,84,863 Market share in FY23: 15.53% Vehicles sold in FY22: 19,96,405 Market share in FY22: 14.79%

TVS MOTOR COMPANY

Vehicles sold in FY23: 16,98,789 Market share in FY23: 10.62% Vehicles sold in FY22: 16,49,968 Market share in FY22: 12.23%

BAJAJ AUTO GROUP

Vehicles sold in FY23: 6,96,233 Market share in FY23: 4.35% Vehicles sold in FY22: 4,73,970 Market share in FY22: 3.51%

ROYAL-ENFIELD

Vehicles sold in FY23: 6,76,113 Market share in FY23: 4.23% Vehicles sold in FY22: 4,84,070 Market share in FY22: 3.59%

SUZUKI MOTORCYCLE INDIA

Vehicles sold in FY23: 6,76,113 Market share in FY23: 4.23% Vehicles sold in FY22: 4,84,070 Market share in FY22: 3.59%

INDIA YAMAHA MOTOR

OLA ELECTRIC TECHNOLOGIES

Vehicles sold in FY23: 1,52,542 Market share in FY23: 0.95% Vehicles sold in FY22: 14,401 Market share in FY22: 0.11%

OKINAWA AUTOTECH

Vehicles sold in FY23: 94,626 Market share in FY23: 0.59% Vehicles sold in FY22: 46,452 Market share in FY22: 0.34%

HERO ELECTRIC VEHICLES

Vehicles sold in FY23: 88,591 Market share in FY23: 0.55% Vehicles sold in FY22: 65,306 Market share in FY22: 0.48%

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