Two-wheeler Retails Cross 1.9 Million Units in April, Grow 13% YoY
Demand remained broad-based across both urban and rural markets during April, supported by improved rural liquidity and seasonal factors, even as electric vehicle penetration moderated sequentially after the March pre-buying spike.
According to data released by the Federation of Automobile Dealers Associations (FADA), two-wheeler retail sales in April 2026 stood at 19,16,258 units, registering a 13.01% year-on-year increase and marking the highest-ever April performance for the segment.
On a sequential basis, sales declined 1.78% compared to March 2026, which FADA attributes to the typical post-financial-year seasonal reset rather than any structural weakness in demand.
Demand remained geographically broad-based. Urban markets grew 14.07% YoY, while rural markets recorded a 12.30% increase, reflecting continued traction in both commuter and entry-level segments. The growth was supported by improved rural cash flows following a healthy rabi harvest, as well as demand linked to the ongoing marriage season.

Fuel-wise, petrol/ethanol-powered vehicles continued to dominate the segment with a 92.17% share, while electric vehicles accounted for 7.76% of total sales in April. The EV share declined from 9.79% in March, largely due to pre-buying ahead of incentive changes, but remained above the FY’26 average of approximately 6.5%, indicating steady underlying adoption.

Dealer feedback highlighted that supply constraints in select commuter and premium variants slightly capped volumes during the month.
Looking ahead, demand is expected to remain supported by rural sentiment, agri-cycle purchases ahead of the Kharif sowing season, and continued affordability benefits.
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05 May 2026

Mukul Yudhveer Singh