business / news / / The Hindu Business Line
Collectively, Indian manufacturers continue to trail their Japanese rivals by over 10 million units.
TVS Motor has overtaken Yamaha to become the world's third-largest two-wheeler manufacturer by volume in 2025.
KEY POINTS
- TVS Motor's market share in India rose to 18.89% in FY26, narrowing the gap with Honda.
- TVS became India's electric two-wheeler market leader in FY26, surpassing Ola Electric with 24% share.
- Exports, especially to Africa and Latin America, are now a key growth and margin driver for TVS.
- Premiumisation and a richer product mix are structurally improving TVS's earnings and market positioning.
COMPANIES
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