The 150-200cc motorcycle segment witnessed strong growth in March 2026, with total sales reaching 1,89,703 units. This represents a healthy growth of 29.03% compared to 1,47,025 units sold in March 2025. Even on a MoM basis, the segment registered a growth of 6.46%, indicating continued demand momentum in the category. The segment remains one of the most competitive in the Indian two-wheeler market, catering to both commuter and performance-oriented buyers.
150 cc to 200 cc motorcycle sales March 2026
Topping the charts was Bajaj Pulsar, with sales of 55,360 units in March 2026. This is a strong year-on-year increase of 58.99%, an increase of over 20,500 units. Pulsar achieved 29.18% market share in this segment. Even on a monthly basis, Pulsar saw a solid jump of 23.71%, strengthening its stronghold in several sub-categories within the 150-200 cc region. The jump in Pulsar sales is due to the recent re-launch of the Pulsar 180 range.
TVS Apache followed with 47,081 units. Apache recorded a marginal growth of 6.48% year-on-year but still retained a significant share of 24.82%. The difference between Pulsar and Apache is notable, but both continue to dominate the segment. Honda Unicorn took third place with 34,358 units, up 17.01% year-on-year. The Unicorn continues to attract buyers looking for reliability and comfort in the commuter-focused premium segment.
Yamaha had a strong presence and several models made significant contributions. Yamaha FZ posted a strong growth of 48.73% at 17,227 units. Meanwhile, sales of Yamaha MT-15 and Yamaha R15 were recorded at 9,343 units (+2.96%) and 8,133 units (+22.82%) respectively. A notable highlight was the entry of the Yamaha XSR, which saw 6,948 units sold in its initial phase, indicating strong initial demand.
Hero, KTM show growth; Honda drops in 160-200cc range
Hero XPulse 200 emerged as one of the fastest growing models, with sales growing 194.86% year-on-year to 3,845 units. This reflects the growing interest in affordable adventure motorcycles. KTM 200 Duke also registered a good growth of 34.95% with sales of 3,471 units. On the other hand, many Honda models in this segment saw a decline. The Honda SP160, Honda CB200X and Honda Hornet 2.0 all registered significant YoY declines, indicating weak traction in the segment.
On month-on-month basis, the segment growth stood at 6.46%. Bajaj Pulsar led the way with over 10,000 additional units, while TVS Apache saw steady growth. Yamaha XSR recorded a sharp jump in MoM due to ramp-up, while models like R15, Hornet 2.0 and CB200X saw notable declines, reflecting demand fluctuations.
Performance as per OEM March 2026
OEM-wise analysis of the 150-200cc motorcycle segment highlights some clear changes in momentum among the key players. Bajaj Auto continues to dominate the segment, with sales of 55,360 units in March 2026, registering a strong growth of 54% year-on-year. This performance is largely driven by the Pulsar range, which remains the backbone of Bajaj’s sales in this segment. Behind, TVS Motor reported 47,081 units, but growth was relatively modest at 6.48% year-on-year, indicating steady demand for the Apache lineup but slower expansion than rivals.
Yamaha emerged as one of the strongest gainers, posting a strong growth of 52.68% to 41,651 units. This was supported by continued demand in the FZ, MT-15 and R15 as well as early contributions from the newly introduced XSR. Hero MotoCorp also recorded a healthy growth of over 53% to 5,584 units, mainly driven by a strong jump in sales of the XPulse 200, reflecting the growing interest in affordable adventure motorcycles.
Honda’s performance was more balanced, with sales totaling 35,462 units, up 10.69% year-on-year. While Unicorns have continued to make significant contributions, declines in models like the SP160, CB200X and Hornet 2.0 have limited overall growth. KTM posted a steady growth of 34.95% supported by its 200cc lineup, while Suzuki saw a slight decline due to weak Gixxer sales. Overall, the segment is seeing stiff competition, with Bajaj and Yamaha gaining momentum, while others are showing mixed performance trends.
