India's two-wheeler industry in transition

India's two-wheeler market is growing, but the source of that growth is changing. While motorcycles still account for most registrations, scooters and electric vehicles are increasingly driving new demand across the market.

Between FY24 and FY26, industry volumes rose from 18.0 million to 22.3 million units. Behind that headline growth are important shifts in consumer behaviour, segment performance, and competitive positioning that are reshaping the market.

Created by JATO Advisory, this report combines registration data with expert analysis to help manufacturers and mobility businesses understand where growth is emerging and how demand is evolving.