Bajaj Auto sold a total of 4,77,422 units of vehicles in January 2026. This is a huge number. Compared against the 3,81,040 units they sold last January, that’s a growth of 25 per cent year-on-year. This means they are growing very fast.
Bajaj Auto has certainly had a brilliant start to the new calendar year, posting impressive sales numbers across both domestic and overseas markets in January 2026. The company recorded total vehicle dispatches of 4,77,422 units during the month. To put that in perspective, this figure represents a strong year-on-year growth of 25 per cent when measured against the 3,81,040 units sold during the corresponding period twelve months ago. From an industry standpoint, starting the year with such momentum in all markets is a clear indicator of widespread product strength and effective market execution.
Two-Wheelers: The Domestic Engine and Global Pillar
Digging into the details, the two-wheeler segment was the clear backbone of Bajaj Auto’s impressive volumes last month. The total sales stood at a massive 4,06,295 units, registering a healthy growth of 24 per cent over the same sale period last year. This strength was driven from both home and abroad. Domestically, local two-wheeler dispatches surged by 25 per cent to 2,14,727 units, a jump that can be attributed to the increasing preference from customers across different segments, from commuters to performance riders.
As always, exports once again played a significant role in the company’s overall growth. Two-wheeler exports increased by 22 per cent year-on-year to 1,91,568 units, powerfully reinforcing the brand’s strong presence across international markets like Africa, Latin America, and parts of Asia. Having tracked their quarterly reports, it’s clear that these export volumes continue to account for a significant share of Bajaj Auto’s monthly performance, a strategic strength that provides stability in recent memory when compared to more domestically-focused rivals.
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Commercial Vehicles and the Full Fiscal Picture
A real highlight during the month was the commercial vehicle segment, which posted an even healthier growth performance. The total CV sales jumped by a notable 35 per cent to 71,127 units in January 2026. Breaking that down, domestic CV dispatches rose by 27 per cent to 47,248 units, but the real story was overseas, where CV exports witnessed a sharp jump of 53 per cent, reaching a tally of 23,879 units. Looking at the bigger picture, overall local sales across both two-wheelers and commercial vehicles stood at 2,61,975 units–up 26 per cent compared to last year. Exports, meanwhile, also saw robust activity, having increased by 25 per cent to 2,15,447 units.
To understand the full FY2026 story, the year-to-date figures are crucial. On that basis for the April–January period, Bajaj Auto recorded cumulative sales of 42,24,031 units. This represents a steady growth of 8 per cent over the same period in the last fiscal year. In my analysis, this sustained, broad-based growth across all segments and markets is what builds a resilient market leader.
| Category | Jan 2026 | Jan 2025 | Change (%) |
|---|---|---|---|
| 2-Wheelers – Domestic | 2,14,727 | 1,71,299 | +25 |
| 2-Wheelers – Exports | 1,91,568 | 1,57,114 | +22 |
| 2-Wheelers – Total | 4,06,295 | 3,28,413 | +24 |
| Commercial Vehicles – Domestic | 47,248 | 37,060 | +27 |
| Commercial Vehicles – Exports | 23,879 | 15,567 | +53 |
| Commercial Vehicles – Total | 71,127 | 52,627 | +35 |
| Domestic Sales (Overall) | 2,61,975 | 2,08,359 | +26 |
| Exports (Overall) | 2,15,447 | 1,72,681 | +25 |
| Total Sales (2W + CV) | 4,77,422 | 3,81,040 | +25 |
Strategic Outlook: Balancing Domestic Stability with Export Strength
The most telling insight for Bajaj Auto’s strategy is the dynamic between home and international markets. While domestic volumes remained largely stable—even with a marginal decline of 1 per cent—the company’s exports rose strongly by 20 per cent. This consistent rise in export volumes, coupled with a good domestic recovery, strategically places the company in a good position heading into the final quarter of the financial year. From my perspective, this balanced performance, where exports offset any local softness, is a sign of a mature and globally resilient operation.
