FY2021 two-wheeler sales still under the weather

India Auto Inc. holds a faint hope of growth in sales, thanks to the motorcycle and car segments. From March 2020 to 2021, the sales that the OEMs of the top four motorcycle companies announced revealed a recovery of the sales in the second half of the year. The rising number of COVID-19 cases is further creating a fear of a halt in production due shortage of supply-chain and high fuel prices.

Read more
Get Two-Wheeler Insurance
Starting @ only ₹482/year*
  • Save up to 85%

    Lowest 2W Premiums
  • 20+ Insurers

    To Choose From
  • 1.2 Crore+

    Bikes Insured

*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply


Third party rates expected to increase by 21%* soon. Renew today!

Stay home & renew bike insurance in 2 minutes
No Documents Required
Get Bike Insurance starting @ only ₹482/year*
Enter Bike Number
Other options

Hero MotoCorp recorded a 72% increase in sales in March 2020. Motorcycle makers recorded 19% growth in comparison to February 2021. Splendor and Hero HF were two best-selling bikes in January. 

Hero also 82% record sales in March. However, comparing overall performance, Hero MotoCorp has sold 57, 91,539 motorcycles in 2021, which can be up to Rs 2500.

Honda Motorcycle & Scooter India sold 395,037 units in March 2021 which is 61% more than the last year. And the month on month sales still went down. They have imported 16000 units in February, 2021 and are expanding their premium segments.

TVS Motor Co. exports increased 164% in March; Bajaj Auto exports also increased 32% in comparison to March, 2020.

Written By: PolicyBazaar - Updated: 21 July 2021

Two Wheeler insurance articles

Recent Articles
Popular Articles
9 Essential Tips to Take Care of Your Motorbike’s Tyres

27 May 2022

Bikes are a favourite mode of commute for many people. As a bike...
Read more
8 Ways to Check Whether Your Bike Insurance Policy is Fake or Genuine

23 May 2022

The most convenient option to get a bike insurance policy is to...
Read more
5 Ways In Which Your Bike Will Impact Its Insurance Cover

18 May 2022

As per the Motor Vehicles Act, it is mandatory for all bike...
Read more
Top 10 Helmet Brands in India & Need for a Good Helmet

16 May 2022

While riding your bike, there are chances that you might get...
Read more
Top 8 Motorbike Riding Tips for Female Riders

11 May 2022

Gender-specific jobs or hobbies are becoming obsolete. More...
Read more
Best Two Wheeler Insurance Plans in India
When it comes to choosing the best two wheeler insurance plans, we’re sure you have heard enough from different...
Read more
Traffic Rules in India That Every Two Wheeler Rider Should Know
A two wheeler is probably the first vehicle that most people learn to ride after a bicycle. Nothing ever compares...
Read more
Renew Your Two-Wheeler Break-in Insurance Policy at PolicyBazaar
Owners of two-wheelers have been getting a good night’s sleep as far as their vehicle’s insurance is...
Read more
Lost Your Two Wheeler Insurance Documents? Here Is What You Need To Do
A bike insurance policy is one of the important documents required for claim settlement. You won’t be able to...
Read more
How to Renew Two Wheeler Insurance Online in 3 Easy Steps?
Automobile business in India has boomed over time. The automobile sales are skyrocketing. With this rise, there is...
Read more