Honda Motorcycle & Scooter India (HMSI) sold 63,69,504 units in the financial year ending March 2026, up 9% from the previous year, the company announced on April 1, 2026. The figures cover both domestic retail and export dispatches across the April 2025 to March 2026 period.
Of the total annual sales, 57,49,275 units were sold in the domestic market, while exports accounted for 6,20,229 units. The company attributed the year's performance to consistent consumer demand, improving market sentiment, and its continued focus on strengthening its presence across key vehicle segments. It did not, however, release a model-wise or segment-wise breakdown as part of this announcement.
March 2026 closed on a particularly strong note for the company. HMSI recorded sales of 5,49,145 units during the month — a 29% increase over March 2025. Domestic sales in March stood at 5,12,303 units, with exports contributing 36,842 units. The end-of-financial-year surge in March is a recurring pattern across the automotive sector, as dealers typically push to clear inventory before the books close.
HMSI is a wholly-owned subsidiary of Honda Motor Co., Japan, and one of the largest two-wheeler manufacturers in India by volume. The company entered the Indian market in 2001 and has since grown into a significant player in both the motorcycle and scooter segments. It operates through more than 7,000 sales and service touchpoints across the country, covering urban centres as well as smaller towns and semi-rural markets. Its product lineup ranges from entry-level commuter motorcycles to premium motorcycles and scooters across multiple price points.
The Indian two-wheeler industry, one of the largest in the world by volume, has experienced a gradual recovery over recent years after a period marked by supply chain disruptions, elevated commodity prices, and subdued rural demand. Factors including improved rural income levels, easing of raw material costs, new product launches, and a broader recovery in consumer sentiment have supported a return to volume growth for manufacturers across the sector. Increased financing penetration in tier-2 and tier-3 markets has also played a role in driving first-time purchases.
Within this context, HMSI's 9% full-year growth reflects steady rather than exceptional momentum — consistent with the broader industry trend of measured recovery rather than a sharp rebound. The company's export numbers, at just over 6.2 lakh units for the year, also indicate a growing focus on international markets, particularly in South and Southeast Asia, where demand for affordable, fuel-efficient two-wheelers remains strong.
The company stated that its performance through FY2026 was supported by a broad product portfolio and a sustained focus on quality and reliability. HMSI also reiterated its road safety commitments, framed under a "Safety for Everyone" initiative. The programme focuses on reducing road accidents through the adoption of technologies such as Anti-lock Braking Systems (ABS), Combined Braking Systems (CBS), and rider-assist features across its vehicle range. The company has positioned road safety not only as a product feature but as a wider social responsibility encompassing pedestrians, communities, and the road ecosystem at large.
Looking ahead, the two-wheeler segment is expected to remain competitive, with manufacturers investing in electric vehicle platforms alongside their existing internal combustion engine lineups. HMSI, like its peers, faces the dual challenge of sustaining volume growth in conventional segments while preparing for a transition toward electric mobility in the medium term.