Indian consumers are becoming more and more interested in the 125cc motorcycle segment. The 100cc class has consistently dominated this market, but consumers looking to balance power, efficiency, and cost are increasingly drawn to the 125cc sector. The sales performance of different models in this category for January 2024 is examined in this report.
Honda Shine: The Market Leader
At the forefront of the 125cc motorcycle segment is the Honda Shine range, which includes the recently launched 100cc variant and the flagship Shine 125. In January 2024, Honda reported impressive sales of 1,45,252 Shine motorcycles, with the Shine 125 contributing a significant 1,22,829 units. Priced between Rs. 80,000 and Rs. 84,000 (ex-showroom), the Shine 125 witnessed a year-on-year growth of 22.98% and a month-on-month growth of 57.44%, securing a commanding 45.87% share of the 125cc market.
Bajaj Pulsar: A Formidable Challenger
The Bajaj Pulsar range, encompassing the Pulsar NS125 and Pulsar 125, holds the second spot in the 125cc segment with total sales of 71,990 units. With prices ranging between Rs. 80,000 and Rs. 90,000 (ex-showroom), the Pulsar models experienced a 45.36% year-on-year growth and a 17.43% month-on-month growth, accounting for 26.89% of the segment's sales.
TVS Raider: The Rising Star
The TVS Raider 125 has quickly become a popular choice among consumers, recording its highest-ever sales of 43,331 units in January 2024. Priced between Rs. 95,000 and Rs. 1.02 lakh (ex-showroom), the Raider 125 saw a 59.11% year-on-year growth and a 9.86% month-on-month growth, capturing a 19.91% share of the 125cc market.
Hero MotoCorp Glamour 125
The Hero MotoCorp Glamour 125 has emerged as a strong contender in the 125cc segment, holding the fourth position with 15,494 units sold. The model witnessed a remarkable 58.65% year-on-year growth and a substantial 36.13% month-on-month growth. Equipped with features such as a 10-inch central multimedia screen, heated seats, and parking assistance the Glamour 125 offers a blend of style and functionality. Priced between Rs. 80,000 and Rs. 89,000 (ex-showroom), the Glamour 125 is a popular choice among buyers seeking a reliable and efficient 125cc motorcycle.
Hero MotoCorp Super Splendor 125: A Steady Performer
The Hero MotoCorp Super Splendor 125 secures the fifth position in the 125cc segment, showcasing a mixed performance with 15,494 units sold. Despite experiencing a 13.04% year-on-year decline, the model registered an impressive 76.22% month-on-month growth. Known for its durability and performance the Super Splendor 125 remains a favorite among commuters. With prices ranging between Rs. 80,000 and Rs. 89,000 (ex-showroom), the Super Splendor 125 offers a comfortable and efficient riding experience, making it a reliable choice for everyday commuting needs.
In January 2024, the 125cc motorbike segment saw sales of 2,67,751 units, indicating a 32.23% year-over-year and a 35.16% month-over-month gain. The Honda Shine, Bajaj Pulsar, and TVS Raider are among the well-known models that promote sales in this sector which offers a wide range of options to accommodate different customer preferences. In the competitive two-wheeler market, the 125cc segment is expected to experience consistent growth in the future as manufacturers maintain their innovative approach and adapt to the changing needs of Indian riders.