Hero MotoCorp emerged as the clear leader in India’s motorcycle segment in November 2025, recording a strong year-on-year growth of around 25 per cent in domestic sales, according to data released by SIAM. The company sold 5,12,645 motorcycles during the month, up from 4,09,292 units in November 2024, allowing it to widen the gap over its closest rivals.
Top five motorcycle manufacturers
November domestic sales and YoY change
| Manufacturer | Nov 2025 | Nov 2024 | YoY change |
|---|---|---|---|
| Hero MotoCorp | 5,12,645 | 4,09,292 | +25.3% |
| Honda | 2,45,333 | 1,98,265 | +23.7% |
| Bajaj Auto | 1,64,138 | 1,77,701 | -7.6% |
| TVS Motor | 1,18,326 | 99,523 | +18.9% |
| Royal Enfield | 90,405 | 72,236 | +25.2% |
The performance underlines Hero’s continued strength in the mass market motorcycle space, where steady demand across commuter and entry-level premium models helped drive volumes. Despite a competitive market and pricing pressures, the brand maintained momentum during the festive period and beyond.
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Honda Motorcycle and Scooter India retained second place in the rankings, reporting domestic motorcycle sales of 2,45,333 units in November 2025. This marked a growth of nearly 24 per cent compared to 1,98,265 units sold in the same month last year. Honda’s growth was supported by consistent demand for its 125 cc and mid-capacity models, which continue to be key volume drivers.
{{/usCountry}}Honda Motorcycle and Scooter India retained second place in the rankings, reporting domestic motorcycle sales of 2,45,333 units in November 2025. This marked a growth of nearly 24 per cent compared to 1,98,265 units sold in the same month last year. Honda’s growth was supported by consistent demand for its 125 cc and mid-capacity models, which continue to be key volume drivers.
{{/usCountry}}Bajaj Auto ranked third but stood out as one of the few major manufacturers to report a year-on-year decline. The company sold 1,64,138 motorcycles domestically in November 2025, compared to 1,77,701 units a year earlier, translating to a drop of about 8 per cent. The decline suggests softer demand in some of Bajaj’s core segments during the month.
(Also read: SIAM: Honda leads November 2025 domestic scooter sales as TVS tries to keep pace)
TVS Motor Company delivered a solid performance, with domestic motorcycle sales rising to 1,18,326 units, up from 99,523 units in November 2024. This represents a growth of close to 19 per cent, helped by steady demand across its commuter portfolio and improved traction for newer models.
Royal Enfield rounded off the top five and posted one of the strongest growth rates in the segment. The company sold 90,405 motorcycles in November 2025, compared to 72,236 units last year, registering a growth of over 25 per cent. Demand for its 350 cc and 650 cc models continued to remain robust in the domestic market.
Outside the top five, Yamaha Motor India recorded domestic sales of 30,913 units in November 2025, while Suzuki Motorcycle India, Triumph Motorcycles India, India Kawasaki Motors and Piaggio Vehicles completed the top ten, albeit with significantly lower volumes.
Overall, November 2025 reflected a mixed performance for the motorcycle industry. While market leaders such as Hero MotoCorp, Honda, TVS and Royal Enfield reported healthy growth, others faced pressure, highlighting varying demand trends across segments and price points.