Long story short: Learn about the top 10 sold petrol two-wheelers, motorcycles and scooters in India in FY24 sales. Find out which motorcycles and scooters dominated sales and why they are preferred by Indian riders.
India has one of the world’s biggest and most active two-wheeler markets, selling millions of motorcycles and scooters each year. In FY24, petrol two-wheelers stayed on top, meeting needs from daily commutes to long trips.
This article covers the Top 10 petrol two-wheelers sold in India in FY24, highlighting which models led the way, why they succeeded, and how Indian riders’ preferences are changing. Whether you’re a fan or looking to buy, these trends help explain what’s shaping India’s two-wheeler market.
Key Takeaways
- The Hero Splendor Plus maintained its position as the best-selling two-wheeler in India, driven by its reliability, fuel efficiency, and affordability.
- Scooters like the Honda Activa and TVS Jupiter continued to dominate the urban market due to their convenience, trusted brands, and strong service networks.
- Performance and feature-rich motorcycles such as the Bajaj Pulsar and TVS Raider saw significant sales growth, reflecting the changing preferences of younger and urban buyers.
- While some entry-level models like Hero HF Deluxe and Bajaj Platina experienced a sales decline, models offering more features and style saw better growth.
- Overall, the market showcased a shift towards higher capacity, technologically advanced, and value-driven two-wheelers, with brands innovating to meet evolving consumer expectations.
Top 10 Sold Petrol Two-wheelers In India In Fy24
| Rank | Model | FY24 Sales (Units) | FY23 Sales (Units) | YoY Growth (%) | Type | Key Strengths |
|---|---|---|---|---|---|---|
| 1 | Hero Splendor Plus | 32,93,324 | 32,55,744 | +1.15% | Motorcycle | Fuel efficiency, reliability, affordability |
| 2 | Honda Activa | 22,54,537 | 21,49,658 | +4.88% | Scooter | Brand trust, convenience, wide service network |
| 3 | Honda CB Shine | 14,82,957 | 12,09,025 | +22.66% | Motorcycle | Refined engine, premium features, reliability |
| 4 | Bajaj Pulsar | 14,10,974 | 10,29,057 | +37.11% | Motorcycle | Performance, sporty design, variety |
| 5 | Hero HF Deluxe | 10,34,178 | 10,52,043 | -1.70% | Motorcycle | Entry-level pricing, fuel economy, simplicity |
| 6 | TVS Jupiter | 8,44,863 | 7,29,546 | +15.81% | Scooter | Family-friendly, features, comfort |
| 7 | Suzuki Access 125 | 6,34,563 | 4,98,836 | +27.21% | Scooter | Build quality, comfort, premium positioning |
| 8 | Bajaj Platina | 5,02,486 | 5,20,000 | -3.37% | Motorcycle | Comfort, mileage, value for money |
| 9 | TVS XL 100 | 4,81,803 | 4,41,506 | +9.11% | Moped | Entry-level pricing, fuel economy, simplicity |
| 10 | TVS Raider | 4,78,443 | 2,39,388 | +99.86% | Motorcycle | Sporty design, young appeal, modern features |
Source: SIAM
1. Hero Splendor Plus
- FY24 Sales: 32,93,324 units
- FY23 Sales: 32,55,744 units
- Growth: +1.15%
The Hero Splendor Plus is once again India’s best-selling two-wheeler. With 1.15% growth, it sells over 32 lakh units every year, showing its strong appeal in rural and semi-urban areas. Its reliability, 65-70 kmpl fuel efficiency, and low maintenance costs make it a major part of Hero MotoCorp’s success.
Model Links
2. Honda Activa
- FY24 Sales: 22,54,537 units
- FY23 Sales: 21,49,658 units
- Growth: +4.88%
The Honda Activa series, with its 110cc and 125cc models, is India’s top-selling scooter and the second-best-selling two-wheeler overall. In FY24, it sold over 22.5 lakh units, strengthening Honda’s market position. Its efficient engine, premium features, and Honda’s reputation for reliability and fuel efficiency drive its success.
Model Links
3. Honda Shine
- FY24 Sales: 14,82,957 units
- FY23 Sales: 12,09,025 units
- Growth: +22.66%
The Honda CB Shine grew by 22.66% year-on-year, making it the top-selling motorcycle. This 125cc commuter bike combines performance, efficiency, and premium features, making it popular with daily riders. Its smooth engine and comfortable ride have helped boost its sales.
Model Links
4. Bajaj Pulsar Series
- FY24 Sales: 14,10,974 units
- FY23 Sales: 10,29,057 units
- Growth: +37.11%
The Bajaj Pulsar grew by 37.11% in FY24, selling over 14 lakh units for the first time. The 125cc Pulsar models led this growth and made up most of the sales. Bajaj keeps the Pulsar brand strong by adding new models and updating existing ones, staying competitive in the performance motorcycle market.
Model Links
- Bajaj Pulsar N125
- Bajaj Pulsar N150
- Bajaj Pulsar 220F
- Bajaj Pulsar NS400Z
- Bajaj Pulsar N250
- Bajaj Pulsar 125
- Bajaj Pulsar NS 200
- Bajaj Pulsar NS 160
- Bajaj Pulsar NS 125
- Bajaj Pulsar 150
- Bajaj Pulsar N160
- Bajaj Pulsar RS 200
5. Hero Hf Deluxe
- FY24 Sales: 10,34,178 units
- FY23 Sales: 10,52,043 units
- Growth: -1.70%
Even with a small 1.70% drop in sales, the Hero HF Deluxe stayed among the top sellers, with over 10 lakh units sold. This entry-level bike attracts budget buyers with its low price, reliability, and good fuel efficiency. Its steady top 5 ranking shows Hero’s strong network and loyal rural customers.
Model Link
6. Tvs Jupiter
- FY24 Sales: 8,44,863 units
- FY23 Sales: 7,29,546 units
- Growth: +15.81%
The TVS Jupiter had its best year yet, growing by 15.81% and becoming India’s second-best-selling scooter. Available in 100cc and 125cc versions, it helped TVS reach a 25% share of the scooter market. Its family-friendly design, useful features, and good pricing make it popular.
Model Links
7. Suzuki Access 125
- FY24 Sales: 6,34,563 units
- FY23 Sales: 4,98,836 units
- Growth: +27.21%
The Suzuki Access 125 grew by 27.21% in FY24. This premium 125cc scooter is popular for its strong build, comfortable ride, and advanced features. Suzuki’s focus on quality and customer satisfaction keeps the Access among India’s top-selling scooters.
Model Link
8. Bajaj Platina
- FY24 Sales: 5,02,486 units
- FY23 Sales: 5,20,000 units
- Growth: -3.37%
The Bajaj Platina stayed in the top 10 best-sellers, even with a small 3.37% drop in sales. Known for comfort and great mileage, the Platina is still a top pick for buyers who want to save money and have a comfortable daily ride.
Model Links
9. Tvs Xl 100
- FY24 Sales: 4,81,803 units
- FY23 Sales: 4,41,506 units
- Growth: +9.11%
The TVS XL 100 kept its spot as India’s top moped, growing by 9.11% and selling over 40,000 more units. Its steady sales show how well it fits the needs of commercial and semi-commercial users.
Model Link
10. Tvs Raider
- FY24 Sales: 4,78,443 units
- FY23 Sales: 2,39,388 units
- Growth: +99.86%
The TVS Raider 125 almost doubled its sales in FY24, making it one of India’s fastest-growing motorcycles. Its sporty look, five-speed gearbox, and synchronised brakes appeal to young riders. This success shows TVS understands what today’s buyers want.
Model Link
What Factors Contributed To The Decline In Sales For Models Like Hero Hf Deluxe And Bajaj Platina In India In Fy24?
Both the Hero HF Deluxe and Bajaj Platina saw sales decline in FY24 compared to FY23, with HF Deluxe down 1.70% and Platina down 3.37%. Key reasons for this dip include:
- Shifting Consumer Preferences: Buyers, especially in the entry-level segment, are moving towards motorcycles with more features and style, such as the TVS Raider and Honda CB Shine. Urban customers prefer scooters for their convenience and automatic transmissions, which affects demand for basic motorcycles.
- Intense Competition: The entry-level motorcycle market is crowded, with rival offerings from Hero (like the Splendor Plus), Honda, and Bajaj. Competitors are attracting buyers with new features and styling.
- Muted Rural Demand: While the rural market showed some recovery, not all regions experienced this uniformly. Inflation, inconsistent monsoons, and local economic challenges affected purchasing power for budget-conscious customers.
- Preference for Feature-Rich Motorcycles: Consumers expect features like digital displays and LED headlights, making the basic HF Deluxe and Platina less appealing.
- Pricing and Value Perception: Minor price hikes have made these models less affordable compared to higher-featured alternatives, leading buyers to consider spending slightly more for better value.
- Impact of Urbanisation: Urbanisation has prompted buyers to favour scooters and upgraded motorcycles instead of basic commuter models.
- Limited Marketing Push: Marketing efforts for brands like Hero and Bajaj focused on new and premium models, neglecting entry-level offerings.
- Rise of the Used Two-Wheeler Market: More affordable pre-owned options have impacted new sales for very basic models.
What Factors Contributed To The Increase In Sales For The Tvs Raider In Fy24 In India?
The increase in sales for the TVS Raider in India during FY23-24 and continuing into FY25 can be attributed to several key factors:
- Appealing to Young Buyers with Modern Features and Style: The TVS Raider, launched in late 2021, has quickly gained popularity due to its sporty design, 125cc engine, nimble handling, and features like a five-speed gearbox and synchronised brakes, which are tailored for young riders who want performance, fuel efficiency, and style.
- Consistent Strong Sales Performance: The Raider is TVS’s top-selling motorcycle, averaging nearly 40,000 monthly sales in FY24 and surpassing 8 lakh units in just over two years. Monthly sales often exceed 50,000 units, indicating strong demand.
- Aggressive expansion in the 125cc Segment: TVS has significantly expanded its 125cc lineup, tapping into rising commuter demand. The Raider, along with the Apache RTR 125, has been a key driver of this growth.
- Competitive Pricing and Value Proposition: The Raider strikes a good balance of price, performance, and features, attracting buyers upgrading from basic models. Multiple variants cater to a wide range of customers.
- Increased Retail Financing Penetration: About 56% of TVS two-wheeler sales are financed, making the Raider more affordable, especially in rural markets. TVS Credit plays a significant role in facilitating this financing.
- Strong Distribution and Market Presence: TVS’s broad dealer network and marketing efforts have made the Raider accessible in both urban and rural areas. Their focus on customer satisfaction enhances buyer confidence.
- Growing Preference for Higher Capacity Commuter Bikes: Consumer preference is shifting toward higher-capacity (125cc) motorcycles, benefiting models like the Raider.
- New Product Launches & Continuous Updates: TVS continuously updates the Raider and introduces new variants to align with customer preferences, maintaining interest.
- Strong Industry and Brand Momentum: In FY24 and FY25, healthy economic recovery, good monsoons, and overall two-wheeler market growth have positively impacted TVS motorcycles, particularly the Raider.
How Does The Competition Between Brands Like Honda, Tvs, And Bajaj Influence Consumer Preferences In The Two-wheeler Market?
The competition among brands like Honda, TVS, and Bajaj significantly shapes consumer preferences in the Indian two-wheeler market through several key factors:
- Product Offerings: Each brand targets different segments. Honda focuses on reliable, fuel-efficient models like the Activa for urban and family buyers. TVS appeals to younger riders with sporty, feature-rich models like the Raider. Bajaj serves both budget and premium markets with its Pulsar series.
- Technological Innovations: Competition drives constant upgrades. TVS prioritises innovative features and aggressive pricing, Bajaj focuses on technological advancements such as DTS-i engines, and Honda emphasises reliability and convenience. Consumers are drawn to brands that offer superior technology and safety.
- Brand Image and Satisfaction: Honda, Bajaj, and Hero are recognised for fuel efficiency. At the same time, TVS attracts customers seeking advanced features. Factors such as after-sales service, brand loyalty, and distribution networks also influence preferences. Hero thrives in rural areas, Honda is trusted for service, and TVS leans on its innovative reputation.
- Marketing Strategies: All brands invest significantly in marketing. Bajaj highlights sportiness, Honda emphasises reliability, and TVS focuses on innovation with competitive pricing. Pricing strategies attract different consumer segments based on cost, performance, and features.
- Urbanisation Trends: Increasing urbanisation shifts preferences toward scooters and higher-displacement motorcycles. Honda dominates the scooter market with the Activa, while TVS and Bajaj target young urban riders.
- Regional Dynamics: Rural consumers prioritise affordability and fuel efficiency, where Hero and Bajaj excel. In contrast, urban consumers look for style and performance, which benefits Honda and TVS This segmentation influences consumer choices across different markets.
Other Related Links From Bikeleague India
- Electric two-wheeler sales figures in India FY23 & FY24
- Top 10 sold petrol two-wheelers in India in FY25
- Two wheeler Sales in India FY 2023-24 | Analysis of Top Brands
Conclusion
India’s two-wheeler market still meets a wide range of commuting needs and changing goals. FY24 sales show that trusted bikes like the Hero Splendor Plus and Honda Shine remain popular, while demand is rising for stylish, feature-packed models like the TVS Raider and Bajaj Pulsar.
Scooters such as the Honda Activa and TVS Jupiter are still key for city travel because they’re reliable and easy to use. As buyers look for more tech and better value, brands are quickly bringing out new features. The top 10 petrol two-wheelers in FY24 show today’s trends and hint at where India’s two-wheeler market is headed.
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