TVS Motor Company has emerged as the biggest market share gainer among India’s leading two-wheeler manufacturers in FY2025–26, marking a significant shift in the competitive landscape. The company recorded a strong rise in its retail market share, reflecting growing acceptance of its products across segments.
In FY26, TVS Motor’s retail market share increased to 18.89 percent, up from 17.49 percent in the previous financial year. This represents a gain of 140 basis points. The company also recorded total retail volumes of over 40 lakh units, registering a growth of more than 20 percent, outperforming the overall industry.
The company’s growth has been broad-based, with strong performance across scooters, motorcycles, mopeds, and electric vehicles. This diversified portfolio has helped TVS reduce dependence on a single segment and build consistent momentum across the market.
Scooters have played a key role in driving growth. Increasing urban demand and changing consumer preferences toward convenience have boosted sales in this segment. At the same time, motorcycles and mopeds have contributed steady volumes, ensuring balanced growth.
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Electric vehicles have emerged as another important factor behind TVS Motor’s success. The company has gained strong traction in the EV segment, supported by rising consumer interest in electric mobility. Its early focus on electric two-wheelers has helped it strengthen its position in this fast-growing category.
The company’s strong performance was also evident in the final month of the financial year. TVS Motor recorded one of its highest monthly retail sales figures, further boosting its overall market share and closing the year on a strong note.
Another key factor behind this growth is the company’s focus on product strategy and continuous updates. By introducing new models and improving existing ones, TVS has been able to meet evolving customer expectations and stay competitive in a dynamic market.
The broader industry context highlights the significance of this achievement. While the two-wheeler market has been growing, not all manufacturers have been able to increase their market share. TVS Motor stands out as one of the few companies to achieve strong gains across both traditional and electric segments.
Looking ahead, TVS Motor appears well-positioned to sustain its growth momentum. Continued investment in electric mobility, expansion of its product portfolio, and focus on innovation are expected to support further gains.
Overall, FY2025–26 marks a milestone year for TVS Motor. By emerging as the biggest market share gainer, the company has strengthened its position in the Indian two-wheeler market and demonstrated its ability to adapt to changing industry trends.
