Hero MotoCorp had the maximum share in the two-wheeler segment in India. The company was the worldwide leader in two-wheeler manufacturing. The company has taken up the initiative of manufacturing electric scooters and bikes. To reduce the high battery costs that create a significant cost difference between the petrol and the battery variants, the Indian government has introduced the National Programme on Advanced Chemistry Cell (ACC) in 2022 to inventivize battery manufacturing.Â
Two-wheeler market outlook
The Indian government has set a target to electrify a major proportion of the two-wheelers within the nation. However, the manufacturers have encouraged the government to adopt more ‘realistic’ expectations, as the former’s scheme would mean the electrification of over two million vehicles. With the two-wheeler industry estimated to grow at over nine percent in the next few years, more investments in the clean energy sector could pave a way for the domestic market.
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SIAM India. (September 1, 2025). Sales of automobiles in India from financial year 2011 to 2025, by type (in millions) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 30, 2026, from /statistics/608392/automobile-industry-domestic-sales-trends-india/
SIAM India. "Sales of automobiles in India from financial year 2011 to 2025, by type (in millions)." Chart. September 1, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 30, 2026. /statistics/608392/automobile-industry-domestic-sales-trends-india/
SIAM India. (2025). Sales of automobiles in India from financial year 2011 to 2025, by type (in millions). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 30, 2026. /statistics/608392/automobile-industry-domestic-sales-trends-india/
SIAM India. "Sales of Automobiles in India from Financial Year 2011 to 2025, by Type (in Millions)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 1 Sep 2025, /statistics/608392/automobile-industry-domestic-sales-trends-india/
SIAM India, Sales of automobiles in India from financial year 2011 to 2025, by type (in millions) ÌÇÐÄÆÆ½â°æ, /statistics/608392/automobile-industry-domestic-sales-trends-india/ (last visited July 30, 2026)
Sales of automobiles in India from financial year 2011 to 2025, by type (in millions) [Graph], SIAM India, September 1, 2025. [Online]. Available: /statistics/608392/automobile-industry-domestic-sales-trends-india/