Bajaj and TVS drive India’s two-wheeler export rebound
India’s two-wheeler exports rose nearly 37% year on year to 1.5 million units in the June quarter, led by Bajaj Auto and TVS Motor. Bajaj exported 636,005 units—above its domestic sales—while TVS posted record international volumes of 419,737 units.
India’s two-wheeler exports rebounded sharply, led by Bajaj Auto and TVS Motor. Bajaj’s quarterly exports surpassed domestic sales for the first time since Q1 FY23, while TVS logged record overseas volumes amid stronger demand in Africa, Latin America and Asia.
Why this matters
The export rebound follows Bajaj Auto’s Q1 profit rising 42% on export-led volume growth and its FY28 Pulsar electric motorcycle target. HDFC Securities also remained positive on Bajaj Auto and TVS Motor after Q1.
retail-company is accelerating, up 1,060,100% QoQ.