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Two Wheeler Sales in March 2024, Honda, Hero, TVS and Bajaj Registered Highest MoM Sales

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March 2024 saw India's two-wheeler industry thriving with positive growth in both domestic sales and exports. Hero MotoCorp and Honda led in domestic sales, while Bajaj Auto dominated exports.

Gargi Khatri

Jul 22, 2024 06:43 am IST

TWO WHEELER SALES IN MARCH 2024
TWO WHEELER SALES IN MARCH 2024

March 2024 witnessed India's two-wheeler industry continuing its robust performance, with positive growth in both domestic sales and exports. Hero MotoCorp and Honda emerged as dominant forces in domestic sales, while Bajaj Auto led in the exports segment.

Two Wheeler YoY Sales Performance

Particulars

March’24

March’23

Difference

YoY Growth%

Hero 

Domestic

4,59,257

5,02,730

-43,473

-8.65

Export

31,158

16,612

14,546

87.56

Honda

Domestic

3,58,151

1,97,512

1,60,639

81.33

Export

28,304

14,466

13,838

95.66

TVS

Domestic

2,60,532

2,40,780

19,752

8.20

Export

83,914

66,779

17,135

25.66

Bajaj

Domestic

1,83,004

1,52,287

30,717

20.17

Export

1,30,881

94,715

36,166

38.18

Suzuki

Domestic

86,164

73,069

13,095

17.92

Export

17,595

24,515

-7,010

-28.59

Royal Enfield

Domestic

66,044

59,884

6,160

10.29

Export

9,507

12,351

-2,844

-23.03

Two Wheeler MoM Sales Performance

Particulars

March’24

February’24

Difference

MoM Growth%

Hero 

Domestic

4,59,257

4,45,257

14,000

3.14

Export

31,158

23,153

8,005

34.57

Honda

Domestic

3,58,151

4,13,967

-55,816

-13.48

Export

28,304

44,744

-16,440

-36.74

TVS

Domestic

2,60,532

2,67,502

-6,970

-2.61

Export

83,914

90,308

-6,394

-7.08

Bajaj

Domestic

1,83,004

1,70,527

12,477

7.32

Export

1,30,881

1,24,157

6,724

5.42

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