TVS Motor Company has made history by becoming India's largest two-wheeler manufacturer in June 2026, outperforming industry giants Hero MotoCorp and Honda Motorcycle & Scooter India, largely propelled by its robust international business and strong performance in the electric two-wheeler segment.
Key Points
- TVS Motor Company achieved the top spot in total two-wheeler sales globally for June 2026, selling 5.65 lakh units.
- The company surpassed Hero MotoCorp (5.41 lakh units) and Honda Motorcycle & Scooter India (5.28 lakh units).
- Exports were a decisive factor, with TVS's international business volume being 2.9 times the combined export volume of Hero and Honda.
- TVS Motor is already the market leader in the electric two-wheeler (e2W) segment and recently rolled out 1 million units of its iQube electric scooter.
- The company recorded significant growth across domestic 2W, motorcycles, and scooters compared to June 2025.
Tamil Nadu-based TVS Motor Company (TVSM), a part of the TVS Venu group, has become India's largest two-wheeler (2W) manufacturer by total sales volume, combining domestic and international business, for the month of June 2026.
The company is already the market leader in the electric two-wheeler (e2W) segment.
Surpassing Industry Leaders
The company sold 5.65 lakh units globally, taking the top spot ahead of long-standing leaders Hero MotoCorp, which sold 5.41 lakh units, and Honda Motorcycle & Scooter India, which sold 5.28 lakh units.
Though the company had achieved a similar feat in the month of December 2025, it is generally a lean month for 2W-makers.
"This is the first time that we have become clear market leaders.
"Though a similar feat was achieved in December 2025, it is a post-season month where all players reduce their stocks.
"Even during Covid, we had outsmarted Hero and Honda, but that was also not a period which can be seen as normal," said a company source.
During the month under review, TVS led Hero by 24,000 units and Honda by 37,000 units in total combined volume.
Figures are company-reported wholesale dispatch numbers for June 2026.
Total volume reflects combined India domestic dispatches and international business (export) dispatches.
Export-Driven Growth
Exports were the decisive factor in the company's performance. TVS's international business volume of 1.54 lakh units was 2.9 times the combined export volume of Hero and Honda.
"The export volume reflects TVS's deepening presence across international markets, including Africa, Latin America, Asean, and West Asia, positioning it as an increasingly globally diversified two-wheeler manufacturer," said the source.
The result builds on a sustained multi-quarter trend, with TVS posting the fastest volume growth among major OEMs (original equipment manufacturers) through FY26, and steadily narrowing the gap with Hero and Honda, the source added.
TVS grew by 47 per cent, far higher than Hero, Honda, and Bajaj during the month.
Strong Performance Across Segments
The company's total 2W sales stood at 565,417 units in June 2026 as against 385,698 units in June 2025. Domestic 2Ws registered growth of 46 per cent, with sales of 411,014 units in June 2026 as against 281,012 units in June 2025.
The company's motorcycles registered a growth of 42 per cent, with sales of 267,096 units in June 2026 as against 188,774 units in June 2025.
Scooters registered a growth of 53 per cent, with sales of 247,950 units in June 2026 as against 162,291 units in June 2025.
Milestones in Electric Mobility
Late last month, TVS completed the rollout of 1 million units of TVS iQube from its manufacturing facility in Hosur, Tamil Nadu.
This comes almost six years after the electric scooter made its debut in January 2020.
This was also a significant milestone for TVS, which clocked monthly sales of 42,459 units in May this year, up 65 per cent from 25,804 units during the same month in 2025.
The company's electric vehicle (EV) portfolio is solely driven by iQube, the largest-selling brand in the space, and TVS Motor, as a company, reportedly completed 1 million units of EVs in early June.
