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'Bumper' Oct as 2W retail sales top 2.8 mn units

Business Standard

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November 04, 2025

Two-wheeler manufacturers had a ‘bumper’ October ride on festival demand and positive sentiment after reforms in goods and services tax (GST).

- SOHINI DAS

Together the top five players retailed more than 2.8 million in the month, according to initial estimates from Vahan registration trends.

As for electric vehicles (EVs), more than 120,000 units were sold during the month.

Original equipment manufacturers (OEMs) like Hero MotoCorp retailed nearly a million two-wheelers, while premium segment players like Royal Enfield (Eicher Motors) had their best ever festival performance.

Terming October sales ‘bumper’, Anurag Singh, advisor, Primus Partners, said: “Overall two-wheeler sales had a bumper October as three big positive factors combined — pentup demand being met due to GST cuts, and customers, especially rural, having money in hand due to a bumper crop.”

Hero MotoCorp sold 994,690 units in retail (according to Vahan registrations), the company said on the stock exchanges on Monday. The world’s largest two-wheeler company witnessed a 117 per cent year-on-year growth rate for its Vida (e-scooters) in the month with approximately 16,000 Vahan registrations in October 2025, marking a 24 per cent growth rate over the previous month and over twice the registrations compared to the same period last year.

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