Two Wheeler Export Statistics India – H1 FY2021

The Indian Two Wheeler industry recorded exports of over 11 Lakh units between April – Sep 2020.

The Two Wheeler exports registered a decline of -38.3% in H1 FY2020-21 v/s H1 FY2019-20. The export volumes dipped from 17.93 L in H1 FY20 to 11.06 L in H1 FY21.

  • Bajaj Auto continued to top the two-wheelers exporter’s list as the OEM sent over 6.28 Lakh units to its export markets. Bajaj two wheelers contributed to over 56% of the two wheelers exported from India. The export market share grew 4.7% in H1 FY21 for Bajaj.
  • TVS came second and was able to export more than 2.5 Lakh units in the first half of FY21. The Indian OEMs – Bajaj & TVS combined command ~80% Market Share in terms of exports!
  • The presence of Indian Two Wheeler manufacturers in global markets is rising. Latin America, South Asia, Africa and Europe are some of the regions where market share gains have been decent by the Indian OEMs.
  • Honda’s export volumes fell one of the highest in FY21 (-62.5%). It also lost the highest market share (-3.8%) in terms of exports.
  • Hero delivered a modest performance in terms of exports and the volumes fell -35.4% YoY. It however gained 0.24% exports share.

Two Wheeler Sales Snapshot – September 2020

Around 18,49546 two wheelers were dispatched in September 2020 from OEMs to their respective dealerships. The Industry recorded a growth of 11.4% in Sep’20 v/s Sep’19 in anticipation to the festive season.

Two Wheeler OEM Performance for September 2020 –

Rank OEM Sep’20
1 Hero MotoCorp 6,97,293
2 Honda 5,00,888
3 TVS 2,41,762
4 Bajaj Auto 2,19,500
5 Suzuki 65,195
6 Yamaha 63,052
7 Royal Enfield 55,910
8 Piaggio 5,537
9 Harley Davidson 176
10 Kawasaki 125
11 Triumph 71
12 Mahindra 2W 37
Total Two Wheeler Sales 18,49,546

OEMwise Sales Snapshot –

  • The Two Wheeler Sales had a double digit growth of 11.6% in Sep 2020 v/s Sep 2019. The overall two wheeler sales managed to cross 18 Lakh units in Sep 2020.
  • Hero Moto Corp was the No.1 Two Wheeler manufacturer in Sep’20 and the OEM sales grew by 16.1% YoY. Its Market Share increased too by 1.46% to 37.7%.
  • Honda registered the Market Share fall of -1.61% even though the sales grew by -9.9%.
  • Bajaj Auto volumes shot up the highest by 23.8% YoY and it was able to increase its market share by 1.16%.
  • Suzuki Motorcycles volumes was almost flat and market share dropped to 3.52% as well!

Market Share Graph –

Two Wheeler Exports Statistics – August 2020

Around 2,55,842 two wheelers were exported from India in August 2020 and yet again Bajaj’s Boxer emerged as India’s largest exported two wheeler marque! The 2W exports fell -14% YoY.

List of the Top 10 Exported Two Wheelers from India in August 2020 –
  • The Top 10 exported models contributed to over 68% of the overall two wheeler exports.
  • Do note that not a single scooter fares in the list of Top 10 exported Two Wheelers! Also 100cc bikes dominate the export volumes from India.
  • It is also interesting to see that neither Hero nor Honda has a model in the Top 10 list! Bajaj has lions share here with 6 models in Top 10, followed by TVS with 3 models and Yamaha with 1 model.
  • Bajaj’s Boxer & Star City were the clear favorites and significant volumes are being exported every month. Surprisingly both these models don’t sell that well in the Indian market!

Modelwise Two Wheeler Exports from India in August 2020 – 

Top 10 Selling 2 Wheelers of August 2020!

Hero Splendor continues its dominance over Honda’s Activa to become the best selling bike of August 2020. Activa has consistently lost volumes in the past months and has affected Honda’s performance to a large extent.

The list of Top 10 selling bikes of August 2020 is as shown – 

Rank OEM Model Aug-20
1 Hero Splendor 232301
2 Honda Activa 193607
3 Hero HF Deluxe 177168
4 Honda CB Shine 106133
5 Bajaj Pulsar 87202
6 TVS XL 70126
7 Hero Glamour 54315
8 Hero Passion 52471
9 TVS Jupiter 52378
10 Honda Dio 42957
  • Hero Splendor was India’s best selling two wheeler for August 2020. It sold almost 1.2 times the second ranked Honda Activa. Hero is cashing in the rural market upswing and its Splendor has been consistently ruling the charts from the past few months.
  • Activa ranked second and sold almost a 39k units lesser than Splendor in August!
  • Honda’s CB Shine ranked fourth and sold almost 1.06L units in Aug’20.
  • Bajaj Pulsar came in the Top 5 list and sold over 87k units last month.
  • India’s only Moped – TVS XL is still doing steady volumes and was India’s 6th best selling two wheeler for August 2020!
  • There were 3 scooters in the top 10 selling two wheelers. TVS’s Jupiter & Honda’s Dio fared in the Top 10 along with Activa.

List of Top 10 selling Motorcycles for August 2020 – 

List of Top 10 selling Scooters for August 2020 –