TVS goes ballistic, announced 115% increase in sales
The leading Indian Motorcycle manufacturer TVS Motor Company announced a 115 % increase in sales for March in India.
The company sold 2.02 million motorcycles and scooters in the country last month while sold 94,103 in March 2020.
On the other hand, TVS exports increased by 164%, of which overseas sales were 1.05 million units.
In March 2021, 50,197 vehicles were exported to Russia, the same time last year.
We analyse the figures, and we could see sales of TVS Motors increased from 66,673 units in March 2020 to 1.57 million units in March 2021.
At the same time, scooters will grow by 206%, with 1.04 million sold by March 2021.
In the future, TVS will release an updated Apache RR. 310 is in India. We can also expect TVS to launch the iQube electric scooter in multiple states of India.