Honda, TVS leads as scooter manufacturers post record April sales – Introduction



Honda, TVS leads as scooter manufacturers post record April sales – Introduction

India’s scooter industry, which registered record wholesales of 8.1 million units in FY2026 (up 18.5 percent YoY), has opened FY2026 with its best-ever April numbers. In April 2026, the top nine scooter manufacturers dispatched 6,91,993 units, a 26 percent YoY increase. The only other April when scooter wholesales had crossed 6 lakh units was back in CY2018. 

  1. FY2027’s first month saw the scooter segment miss the 7 lakh units mark by only 8,007 units. 
  2. In April 2026, scooters had a 37 percent share of the total 1.87 million two-wheelers sold
  3. Honda currently holds the highest share of the scooter market

Scooter industry hits new peak

In the past 10 years, barring the Covid-impacted April 2020 when industry pulled down its shutters, the lowest sales in the first month of a fiscal year were in April 2021 (3,00,462 units). In the years following the pandemic, the scooter industry has gradually come into its own, hitting a new high in FY2026 driven by refreshed as well as new models, revival of demand from rural India and semi-urban regions, GST 2.0 reform and the sale of 1.08 million electric scooters.

In April 2026, scooters had a 37 percent share of the total 1.87 million two-wheelers sold, including 11,38,452 motorcycles (up 31 percent YoY, 61 percent share) and 42,246 mopeds (up 9 percent YoY, 2 percent share). Importantly, for the industry and in light of the ongoing crude oil supply crisis, the share of electric scooters has risen by four percentage points last month.

Honda, TVS lead the charge with Hero, Bajaj, Yamaha and Ather gaining market share

Honda

36 percent market share

Scooter market leader Honda Motorcycle & Scooter India dispatched 2,48,609 scooters comprising the Activa 110/125 and the Dio 110/125 last month, up 15 percent YoY. This gives HMSI a 36 percent share versus 39 percent a year ago. HMSI sales also included 740 units of the Activa-e and QC1 e-scooters, down 10 percent YoY.

TVS Motor Co

28 percent market share

TVS Motor Co sold 1,97,392 scooters, up 21 percent YoY. This gives it a 28 percent market share, marginally down 1 percent from April 2025. While the three petrol-engined scooters sold 1,60,199 units, up 18 percent YoY, the two TVS e-scooters with 37,193 units clocked 35 percent YoY growth (April 2025: 27,604 EVs).

Suzuki Motorcycle India

14 percent market share

Third-ranked Suzuki Motorcycle India dispatched 96,183 units, up just 2 percent YoY, due to which its share fell sharply to 14 percent from 17 percent a year ago. Suzuki, which has entered the EV segment with its e-Access, sold 702 units of the e-scooter last month.

Hero Motocorp

Market share of 8.60 percent

Hero MotoCorp is the star performer in April if one goes by the additional 41,537 units it sold, compared to April last year. The total 59,515 units for April 2026 mark a 231 percent YoY increase (April 2025: 17,978 units) and include 16,291 Vida e-scooters, up 129 percent YoY and an EV penetration of 27 percent. In terms of scooter market share, Hero MotoCorp made the largest gains – 8.60 percent vs 3.27 percent in April 2025.

Bajaj Auto

Market share of 5 percent

Chetak and Yulu e-bike manufacturer Bajaj Auto sold 34,804 units comprising 34,304 Chetaks (up 79 percent) and 500 Yulus. Bajaj EV sales are a handsome 81 percent YoY increase with its scooter market share growing to 5 percent from 3.5 percent a year ago.

India Yamaha Motor

Market share of 4.26 percent

India Yamaha Motor, with 29,538 units, posted 38 percent growth to see its market share improve to 4.26 percent from 3.89 percent a year ago. While the 125cc-engined Fascino and Ray ZR together sold 27,728 units (up 30 percent YoY), the Aerox maxi-scooter (1,708 units), witnessed 15 percent growth. Yamaha, the last of the Japanese OEMs to enter the e-scooter arena, sold 102 units of the EC-06 last month.

Ather Energy

Market share of 3.29 percent

Ather Energy, which is on a roll and witnessing strong sales traction for its Rizta family e-scooter which recently surpassed cumulative sales of 3 lakh units, registered wholesales of 22,832 units in April 2026, up 67 percent YoY. As in FY2026, the Rizta accounted for around 75 percent of the dispatches with the 450S, 450X and 450 Apex contributing the remaining 25 percent. This performance sees Ather’s share of the scooter market grow to 3.29 percent from 2.49 percent a year ago.

TVS Motor Co topped with 37,193 units and a 33 percent share, ahead of Bajaj Auto (34,804 units, 31 percent share) and Ather Energy (22,832 units, 20 percent share). Hero Vida (16,291 units) had a 14 percent share while the three Japanese e-scooter makers – Honda, Suzuki and Yamaha – together sold 1,556 units for a 1 percent share of the e-scooter sales last month.

Will the scooter industry, with its current strong double-digit growth, surpass the 9-million milestone in FY2027? The jury remains out on that score, given the likelihood of ICE scooter sales slowing due to a likely steep hike in petrol prices amidst the ongoing global crude oil crisis. This though is an opportunity for electric scooter makers to drive home their message of wallet-friendly zero-emission mobility.



Source link