Monthly Sales Performance (September 2026)

Two-Wheelers Segment:

  • Domestic sales: 239,771 units (compared to 273,188 units in September 2025)
  • Export sales: 211,723 units (compared to 157,665 units in September 2025)
  • Sub-total: 451,494 units

Commercial Vehicles Segment:

  • Domestic sales: 54,685 units (compared to 52,064 units in September 2025)
  • Export sales: 32,264 units (compared to 27,587 units in September 2025)
  • Sub-total: 86,949 units

Total Sales Performance:

  • Domestic total (2-Wheelers + Commercial Vehicles): 294,456 units
  • Export total (2-Wheelers + Commercial Vehicles): 243,987 units
  • Grand total: 538,443 units

Comparative Performance (September 2026 vs September 2025):

  • Total sales increased by 27,939 units from 510,504 to 538,443 units (5.5% growth)
  • Domestic sales decreased from 325,252 to 294,456 units (9% decline)
  • Export sales increased from 185,252 to 243,987 units (32% growth)

Year-to-Date Performance (April-September 2026)

| Particulars | Apr-Sep 2026 | Apr-Sep 2025 | Change % |

| 2-WHEELERS | | | |

| Domestic | 1,193,963 | 1,125,920 | 6% |

| Exports | 1,312,550 | 891,858 | 47% |

| Sub-total | 2,506,513 | 2,017,778 | 24% |

| COMMERCIAL VEHICLES | | | |

| Domestic | 282,471 | 249,681 | 13% |

| Exports | 198,151 | 137,898 | 44% |

| Sub-total | 480,622 | 387,579 | 24% |

| TOTAL (2-WH + CV) | | | |

| Domestic | 1,476,434 | 1,375,601 | 7% |

| Exports | 1,510,701 | 1,029,756 | 47% |

| Total | 2,987,135 | 2,405,357 | 24% |

Key Performance Highlights

Export Performance Strength:

  • September 2026 exports showed strong growth of 32% year-over-year
  • Year-to-date exports grew 47% to 1,510,701 units from 1,029,756 units
  • Two-wheeler exports particularly strong with 47% growth in YTD period

Domestic Market Performance:

  • September 2026 domestic sales declined by 9% year-over-year
  • Year-to-date domestic sales showed moderate growth of 7%
  • Commercial vehicles domestic sales grew 13% in YTD period

Overall Growth Trends:

  • Total sales growth of 24% in the April-September 2026 period compared to same period last year
  • Strong performance across both two-wheeler and commercial vehicle segments
  • Export markets driving majority of the growth momentum