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TVS Motor expects 30% growth in sales volume during FY15

12 Sep 2014 Evaluate

TVS Motor Company is expecting 30% growth in its overall sales volume during 2014-15 over previous year, backed by robust growth in the country’s two-wheeler market and new launches.

The company is currently clocking sales volume of about 60,000 scooters per month accounting for about 15 per cent market share. With the launch of the new scooter -- Scooty Zest 110 -- the company is expecting the volumes to go up to 75,000 per month, taking the market share to 18 per cent of the country’s 3.5 lakh per month scooter market.

TVS Motor sold about 17.5 lakh two-wheelers in the domestic market last year and expects this number to head past the 22 lakh mark supported by good volume growth in both motorcycles and scooters.

TVS Motor Share Price

3743.60 -7.00 (-0.19%)
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