Three-Wheeler Sales FY 2024-25: Bajaj Auto Leads, 12,63,412 Units, Up 4.6% YoY

India's three-wheeler market registered 12,63,412 three-wheelers in FY 2024-25. Volumes grew 4.6% against the 12,08,078 logged over the same 12 months of FY 2023-24.

October was the strongest month of the period at 1,27,370 three-wheelers and April the quietest at 82,923, an average of 1,05,284 a month. 9 of those 12 months grew on the same month a year earlier.

FY 2024-25 ran from April 2024 to March 2025 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of FY 2023-24.

Three-wheelers accounted for 4.6% of everything registered in India over the period, down from 4.7% in FY 2023-24. The whole market ran to 2,72,53,886 vehicles over the same window, up 6.4% year on year.

Bajaj Auto led the period with 4,73,692 registrations, up 4.3% on FY 2023-24. Piaggio follows on 93,354, 3,80,338 behind — a gap of 5.07x.

The fastest riser in the top 8 was TVS Motor, up 38.8% to 26,841, while Dilli Electric was down 7.4% at 24,219.

Volumes here are registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each is the manufacturer's three-wheeler volume over FY 2024-25. Companies that file electric models under a maker of their own appear as separate rows.

Set against the rest of the market, three-wheelers lagged the national picture over FY 2024-25: +4.6% against +6.4% for every vehicle registered in India.

இந்த அட்டவணை Vahan அறிக்கை அளிக்கும் ஒவ்வொரு பிரிவையும் ஒரே 12 மாதக் காலத்தில் உள்ளடக்குகிறது; அதனால் ஒப்பீடு நேருக்கு நேர் — இரு பக்கமும் ஒரே மாதங்கள், ஒரே மூலம்.

Vahan splits a segment by fuel only across a whole calendar year, so this table covers full-year 2025 rather than FY 2024-25 alone — it is exact for that window.

Electric accounts for 58.7% of three-wheeler registrations over full-year 2025, with battery-electric at 58.7%.

Across the 2 completed windows in our Vahan record, three-wheeler registrations went from 12,63,412 in FY 2024-25 to 14,16,936 in FY 2025-26, up 12.2% over the stretch.

FY 2026-27 is still running — 7 of its 12 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.