India’s two-wheeler market delivered a landmark performance in October 2025, registering an overall 130.2% month-on-month growth, fueled by the GST rate reduction and festive-season demand that released pent-up purchases. The recovery was broad-based across ICE and electric models, with major OEMs achieving strong double-digit sequential gains. Conventional leaders Hero MotoCorp, Honda, and TVS Motor reported growth between 65% and 75%, while Royal Enfield and Suzuki grew by 88% and 76%, respectively. In the electric segment, Bajaj (Chetak), TVS, and Ather Energy achieved record-high increases of 60%–70%, with Ola Electric remaining a significant contributor despite price realignments. Overall, the month represented a comprehensive recovery, making October 2025 one of the strongest months ever for the two-wheeler industry.
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