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TVS’ two-wheeler business grows by 130% in March

TVS Motor Firm on Friday launched that it has managed to advertise 322,683 objects in March 2021 as in the direction of 144,739 objects within the corresponding month a yr previously.

In phrases of common two-wheeler product sales effectivity, the corporate purchased 307,437 objects ultimate month as in the direction of 133,988 objects purchased within the equivalent interval a yr previously. The house two-wheeler product sales stood at 202,155 objects in March 2021 as in the direction of 94,103 objects within the corresponding month a yr previously. This can be a direct 115% progress.

(Additionally Learn: TVS Motor hits most important milestone, clocks one lakh objects in exports)

The bike product sales grew by 136% at 157,294 objects in March 2021 as in the direction of 66,673 objects within the equivalent month a yr previously and the scooter product sales moreover touched new heights as a result of the corporate registered 104,513 product sales ultimate month as in the direction of 34,191 objects purchased in March 2020. The scooter product sales have been upped by 206% in March.

TVS’ two-wheeler export grew by 164% at 105,282 objects ultimate month as in the direction of 39,885 objects purchased in March 2020. The final export figures have been upped by 138% at 119,422 objects ultimate month as in the direction of 50,197 objects purchased in March 2020.

(Additionally Learn: TVS Star Metropolis Plus receives new Pearl Blue-Silver coloration selection)

Commenting on the export milestone, Mr. Sudarshan Venu, Joint Managing Director, TVS Motor Firm, said, “It’s a momentous occasion for TVS Motor as our worldwide two-wheeler enterprise achieved a product sales milestone of 100,000 objects in March. We’re terribly grateful to our esteemed shoppers, distributors, suppliers and our passionate employees who’ve made this potential.”

TVS’ two-wheeler product sales grew by 50% from 5.90 lakh objects registered within the This autumn of the fiscal yr 2019-20 to eight.87 Lakh objects within the This autumn of the fiscal yr 2020-21.

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