Hero MotoCorp Leads Two-Wheeler Market in FY25 with 29% Share

Hero MotoCorp has successfully retained its position as the market leader in the Indian two-wheeler industry for the financial year 2024-25.

According to the latest data released by the Federation of Automobile Dealers Associations (FADA), the company sold a total of 54.45 lakh units, translating to a market share of 28.84%.

Robust Growth in Two-Wheeler Registrations

Despite increasing competition, Hero MotoCorp held firm to its top spot. Honda Motorcycle & Scooter India followed closely behind, with 47.89 lakh units sold, achieving a market share of 25.37%. TVS Motor Company secured third place, with 33.01 lakh units sold and a market share of 17.49%.

India’s two-wheeler market saw healthy growth over the last fiscal, with total registrations increasing by 8% year-on-year. A total of 1.89 crore two-wheelers were registered in FY25, compared to 1.75 crore units in FY24.

Passenger Vehicle Segment: Maruti Leads the Pack

In the passenger vehicle category, Maruti Suzuki India continued its stronghold with retail sales reaching 16.71 lakh units. This translates to a market share of 40.25%, maintaining its dominance despite a slight dip compared to 40.6% the previous year.

Hyundai Motor India retained the second position with 5.59 lakh units sold, but its market share slipped slightly from 14.21% to 13.46%. Tata Motors came in third, retailing 5.36 lakh units and securing a market share of 12.9%.

Mahindra & Mahindra also showed notable growth, selling 5.13 lakh units and boosting its market share to 12.34% from 10.79% the previous year.

Overall Auto Retail Growth in FY25

India’s overall automobile retail sales rose 6% in FY25, reaching 2.61 crore units. Interestingly, rural markets outperformed urban regions, especially in the passenger vehicle and two-wheeler segments a positive sign for broader market sentiment and demand.

Read more:India’s Auto Parts Market Set to Hit $145 Billion by 2030: NITI Aayog.

Conclusion

Hero MotoCorp’s ability to maintain its market leadership amid growing competition underlines its strong brand value and distribution network. With two-wheeler sales and overall auto retail on the rise, the industry outlook remains optimistic as both urban and rural demand continue to grow.

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