Massive Growth After GST 2.0
After the introduction of GST 2.0, India’s two-wheeler market witnessed a remarkable upswing. In October 2025, registrations surged to 18.5 lakh units, the highest monthly figure of the year. This rise reflects the combined impact of revised GST rates and strong festive-season demand, boosting consumer confidence across both urban and rural markets.
43% Growth from September
According to data from the Vahan portal, two-wheeler registrations jumped from 12.9 lakh in September to 18.5 lakh in October, marking a 43% increase. This surge represents the strongest retail rebound since the slowdown in the July–September quarter.
Monthly Trends of 2025
The two-wheeler registration trend throughout 2025 has shown fluctuations, but October’s figure broke all previous records.
| Month | Registrations (in lakh) |
|---|---|
| January | 15.3 |
| February | 13.5 |
| March | 15.1 |
| April | 16.9 |
| May | 16.5 |
| June | 14.5 |
| July | 13.5 |
| August | 13.7 |
| September | 12.9 |
| October | 18.5 (Record) |
Company-Wise Performance
Among major players, Hero MotoCorp led the market with 5,44,856 registrations, followed by Honda Motorcycle & Scooter India (HMSI) with 4,97,498 units.
Other key companies performed as follows:
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TVS Motor: 3,33,574
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Bajaj Auto: 2,13,123
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Suzuki Motorcycle India: 96,509
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Royal Enfield: 94,293
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Yamaha Motor India: 59,515
These figures highlight broad-based growth across all major brands.
Expert Insights
Industry experts attribute this surge directly to the implementation of GST 2.0. The revised tax rates have reduced the burden on entry-level and commuter motorcycles, driving both new purchases and replacement demand.
Overall, the rollout of GST 2.0 has not only revived two-wheeler sales but also significantly boosted consumer sentiment and market confidence.
