New Delhi, Jan. 6 -- India's two-wheeler (2W) industry is expected to witness accelerated premiumization across both motorcycles (MC) and scooters, driven by sustained upgrade demand, favourable pricing dynamics, and improving consumer sentiment, noted a report by Yes Securities.

"We believe 2W industry to witness accelerated premiumization both within MC and scooters with share of sub 125cc to continue decline," stated the report.

The report notes that scooterization hit a peak penetration of 36 per cent in YTDFY26, surpassing the earlier high of around 33 per cent and signalling a lasting market shift in favour of scooters. Adjusted for unreported electric two-wheeler volumes, scooter penetration stands even higher at 38.4 per cent, t...