August 2026 saw strong year-on-year (YoY) growth in two-wheeler sales across the board as manufacturers gear up for the festive season, but the standout story was TVS Motor Company leapfrogging from third place to become India’s largest two-wheeler manufacturer by monthly dispatches for the first time. Meanwhile, Honda overtook Hero MotoCorp, the erstwhile market leader.
TVS Motor: 5,91,437 units
TVS recorded its highest-ever monthly two-wheeler sales in August 2026, with dispatches climbing nearly 21 percent YoY from 4,90,788 units. This pushed it past both Honda and Hero for the top spot this month. Domestic two-wheeler sales grew 18 percent to 4,33,796 units, while the company’s electric two-wheeler business grew 137 percent to 59,453 units. TVS also continued to lead as an exporter, shipping 1,57,641 two-wheelers overseas, up 29 percent YoY.
Honda: 5,79,162 units
Honda Motorcycle & Scooter India (HMSI) posted 8 percent YoY growth, with total sales rising from 5,34,861 units last August. Domestic sales grew at the same 8 percent clip to 5,17,329 units, while exports rose by a sharper 15 percent to 61,833 units.
Hero MotoCorp: 5,68,398 units
Hero two-wheeler dispatches grew a modest 2.65 percent from 5,53,727 units in the year-ago period. Domestic ICE dispatches stood at 5,16,747 units, while the Vida brand continued its strong run with 25,558 units dispatched – a 38 percent growth. Exports fell 24.6 percent to 26,093 units from 34,588 a year earlier.
Bajaj Auto: 4,43,748 units
Bajaj’s two-wheeler dispatches grew 30 percent from 3,41,887 units a year ago. Domestic sales rose 10 percent to 2,01,898 units, while exports jumped 53 percent to 2,41,850 units, continuing the company’s run as one of India’s largest two-wheeler exporters.
Royal Enfield: 1,26,479 units
Royal Enfield motorcycle sales grew 11 percent from 1,14,002 units in August 2025. Domestic sales rose 11 percent to 1,14,204 units, while exports grew 10 percent to 12,275 units. Last month saw the launch of the Classic 350 Gorkha Edition and an updated Continental GT 650, alongside continued momentum for the Flying Flea C6, which the brand says has crossed 50,000 customer-driven kilometres in its current sole market of Bengaluru.
Suzuki: 1,20,611 units
Suzuki posted 6 percent year-on-year growth from 1,13,936 units, driven largely by domestic sales, which rose 13 percent to 1,03,118 units. Exports declined to 17,493 units from 22,307 units a year earlier.