The bicycles of this Indian company are very popular abroad, they are the most sold outside the country.

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The bicycles of this Indian company are very popular abroad, they are the most sold outside the country.

Bajaj bikes are making waves overseas. Their demand among Indian companies is the highest outside the country. Bajaj was the top exporter in September 2024.

Indian two-wheeler exports also showed strong growth in September 2024. Total two-wheeler exports reached 3,40,970 units, registering an annual growth of 19.47% compared to 2,85,414 units in September 2023. Monthly exports witnessed a growth of 10.37%, with 32,048 additional units exported compared to the total of 3,08,922 units in August 2024. The name of the Indian company whose two-wheelers were most in demand at the foreigner was Bajaj. Yes, because the demand for two-wheelers from this company is the highest outside the country.

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Bajaj Auto dominated the export market with 1,41,156 units, representing an annual growth of 12.74% and a monthly growth of 11.54%. TVS followed with 1,02,654 units, marking an annual growth of 18.73% and a monthly growth of 14.35%.

Honda’s exports also increased significantly, with deliveries of 47,242 units, a year-on-year growth of 34.23%. Suzuki performed better with 21,922 units, showing a strong annual growth of 55.06% and monthly growth of 26.57%. Hero MotoCorp recorded exports of 20,344 units in September 2024, showing a marginal growth of 1.23% YoY and similar monthly growth.

Total sales and exports

The combined domestic and export sales of two-wheelers in India will reach 22,79,163 units in September 2024, up from 19,32,606 units in September 2023, a strong annual growth of 17.93%. The total monthly sales (MoM) witnessed a growth of 17.26%, with 3,35,503 more units sold compared to August 2024.

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Hero MotoCorp led the market with 6,37,050 units, showing an impressive growth of 23.85% year-on-year and monthly growth of 24.34%. Honda followed Hero with 5,83,633 units, registering an annual growth of 10.75% and a monthly growth of 8.31%.

TVS reported sales of 4,71,792 units, marking a strong year-on-year growth of 21.92% and a month-on-month jump of 24.54%. Bajaj also registered growth with 4,00,489 units, up 22.21% YoY and 19.49% YoY.

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Suzuki achieved sales of 99,185 units, a minimum year-on-year increase of 1.22%, but a monthly decline of 5.36%. Royal Enfield achieved a growth of 87,014 units, representing an annual growth of 10.73% and a monthly growth of 18.18%.

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