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Two-Wheeler Volumes Likely To Grow By 8% To 9% In FY26: CareEdge Report

  • Domestic two-wheeler volumes are projected to grow by 8-9% in FY26, surpassing pre-COVID levels, supported by factors like easing inflation and favorable Monsoon expectations.
  • In the past fiscal years, the industry maintained healthy volume growth, with FY25 seeing a substantial 21% export recovery and a 9% rise in domestic volumes.
  • Anticipated growth in FY26 is attributed to strong export demand, increasing adoption of electric vehicles, easing inflation, and improved income levels, along with RBI rate cuts boosting affordability and demand.
  • Overall growth in two-wheeler volume over the years has been driven by increasing demand for electric two-wheelers, with FY25 seeing E2W sales reach 1.20 million units, reflecting significant year-on-year growth.

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