Drought caused by climate change results in water scarcity, reduced global wheat yields and unpredictable rainfall, impacting nearly 50 % of wheat production worldwide. India, the second-largest wheat producer after China, contributes about 12 % to global wheat output. Mutation breeding is a promising approach for improving drought tolerance in wheat, especially in drought-prone regions. This study evaluated the effects of varying EMS and SA concentrations on drought tolerance in wheat genotypes HD-3226 and HI-1620 under PEG-induced stress during 2020–2021 Rabi season at SVPUA&T, Meerut, India. In-vitro screening of EMS and SA induced mutants using PEG-6000 as a chemical drought agent proved to be an effective method for identifying drought-tolerant wheat lines. The results revealed that EMS treatments led to an increase in plant height and spike length as compared to control-wild types, whereas SA treatments caused a decline in these traits across both genotypes. Additionally, number of reproductive tillers per plant decreased in EMS treatments, while it increased in SA treatments relative to wild type. Further, phenotypic traits such as days to 50 % heading, anthesis and maturity were delayed in both EMS and SA treated plants, as well as in control-wild types. Yield-related attributes such as number of spikelets per spike and 1000-grain weight were significantly reduced under PEG treatment across all treatments. This study underscores the substantial influence of chemical mutagens on vital morphological and yield-related traits in wheat under drought stress. The differential response of EMS and SA treatments suggests their potential utility in generating genetic variability for drought tolerance. These findings support the role of mutation breeding as an efficient approach in developing resilient wheat cultivars suitable for water-limited environments.