Top 10 Two Wheeler February 2024 in India
Here’s the complete list of top 10 two wheeler companies in India for the month of October 2023. check which is the best company Hero, honda, TVS, Bajaj, KTM.
Sales figures for 5 leading OEMs in the Indian two-wheeler segment for the month of October 2023 show de-growth in total sales both on YoY and MoM basis.
Top 10 Two Wheeler Companies in October 2023
In domestic markets, total sales of the leading 6 two wheeler makers stood at 18,11,216 units in October 2023. This was a 20.99 percent YoY growth over 14,97,021 units sold in October 2022. MoM sales also improved even more significantly by 8.28 percent from 16,72,653 units sold in September 2023 with volume growth at 1,38,563 units.
| S.No | Company | October -23 | October -22 | Growth |
| 1. | Hero | 5,59,766 | 4,42,825 | 26.41% |
| 2. | Honda | 4,62,747 | 4,25,969 | 8.63% |
| 3. | TVS | 3,44,957 | 2,75,934 | 25.01% |
| 4. | Bajaj | 2,78,486 | 2,06,131 | 35.10% |
| 5. | Suzuki | 84,302 | 69,634 | 21.06% |
| 6. | Enfield | 80,958 | 76,528 | 5.79% |
| Total | 18,11,216 | 14,97,021 | 20.99% |
Once again it was Hero MotoCorp that topped the sales list with 5,59,766 unit sales last month. This was a 26.41 percent YoY growth over 4,42,825 units sold in October 2022 to command a 30.91 percent share on this list. MoM sales also grew significantly by 7.69 percent when compared to 5,19,789 units sold in September 2023. Hero MotoCorp had initiated sales of the new Harley Davidson X440 during the Navratri festival and delivered 1000 units across 100 dealerships in India.
