TVS recorded total sales of 5.46 million units globally, a growth of 20.7 per cent compared to 4.52 million units achieved in 2024
TVS Motor Company is expected to sell a total of 54.6 lakh (5.46 million) two-wheelers worldwide in 2025, which is 20.7 percent more than 45.2 lakh (4.52 million) units sold in 2024. Electric mobility, premium motorcycles and expansion in foreign markets have played a big role in this rapid growth of the company.
TVS has made a strong hold in India’s electric two-wheeler segment and the company’s annual production is reaching around 5 lakh units. In view of the increasing demand, the company is also considering increasing its production capacity. The company is also strengthening its presence in Africa, Latin America, South-East Asia, the Middle East and parts of Europe to further strengthen its position in the global market.
On the basis of this performance, TVS has overtaken Yamaha Motor Company, which is expected to sell about 50 lakh units in 2025, which is an increase of just 0.8 percent compared to 49.6 lakh units last year. With this achievement, TVS has now reached the third position in global two-wheeler sales. Honda Motor Company still remains at the first position with sales of 1.64 crore (16.44 million) units in 2025 and 6 percent annual growth.
Hero MotoCorp, on the other hand, is in second place with sales of around 62.5 lakh (6.25 million) units and a growth of 5.2 percent. With TVS entering the top-3, two Indian companies have now joined the world’s largest two-wheeler companies. A major reason behind this rapidly increasing sales of the company is the changing preferences of the customers. Now the demand for motorcycles with more than 150cc capacity is increasing rapidly in India and TVS has capitalized on this demand by increasing its models in this segment.
Along with premium motorcycles, the company is also continuously achieving good sales from commuter motorcycles and mopeds. Currently, TVS ranks third in terms of market share in India and accounts for about one-fifth of the total two-wheeler sales in the country. Whereas Yamaha Motor Company’s strategy has been somewhat different. Japanese brands have, over time, moved away from some high-volume segments and focused on select segments.
Additionally, a large portion of Yamaha’s sales come from developed countries, where demand for two-wheelers does not grow as fast as it does in emerging markets. In the coming time, TVS wants to further strengthen its presence across the world by taking the help of its premium brand Norton Motorcycles to expand its reach into new markets.
