Honda Navi, Dio and TVS Ntorq 125 lead scooter exports in FY2026!

The Indian scooter industry had a standout fiscal year in FY2026. Not only did it achieve the best-ever domestic market wholesales of 8.11 million units, but FY2026 was the best-ever fiscal year for exports of made-in-India scooters.

As the scooter export sales numbers reveal, Indian scooter manufacturers dispatched nearly 6.83 lakh units in FY2026, up by 20 per cent YoY. This was the third fiscal year in a row that this segment surpassed the half-a-million export sales milestone and nearly doubled over a four-year period.

Like the domestic market, Honda Motorcycle and Scooter India (HMSI) has a stranglehold on the scooter exports. In FY2026, the company has shipped a record 3,52,956 units, up 13 per cent YoY, giving Honda a 52 per cent share.

In the four years in the US market, the Honda Navi is understood to have become one of the bestselling two-wheelers there. In the USA, the Navi is currently sold for USD 1,899 (Rs. 1,58,000), albeit it is restricted to cities due to its low speed, and finds use as a user-friendly urban runabout. The Navi also witnesses healthy demand in Latin America.

TVS Motor Co’s popular NTorq 125 (97,467 units, up to 50 per cent YoY) has risen up ranks to take the No.3 podium position in FY2026, wresting that slot from the 125cc Yamaha Ray, with 70,105 units, saw a slower 4 per cent growth last fiscal.

The 125cc Suzuki Burgman, with exports of 40,853 units as well as 21 per cent growth, held on to the sixth rank, albeit the total is still considerably below the FY2024 exports of 61,679 units when it was India’s No. 4 export model.