TVS Motor Company sales in March 2021 grow by 123%
Date: 01 Apr 2021
Motor Company registered sales of 322,683 units in March 2021 as against
144,739 units in March 2020.
two-wheelers grew by 130% registering sales of 307,437 units in March 2021 as
against 133,988 units in March 2020.
Domestic two-wheelers recorded 115% growth with sales of 202,155 units
in March 2021 as against 94,103 units in March 2020.
sales grew by 136% registering 157,294 units in March 2021 as against 66,673
units in March 2020. Scooter sales of the Company grew by 206% registering
104,513 units in March 2021 as against 34,191 units in March 2020.
Company's total exports grew by 138% recording 119,422 units in March 2021 as
against 50,197 units registered in the month of March 2020. Two-wheeler exports grew by 164% recording
105,282 units in March 2021 as against 39,885 units in March 2020. An increase in motorcycle sales in key
international markets has significantly contributed to this achievement.
Venu, Joint Managing Director, TVS Motor Company, said, “It is a momentous
occasion for TVS Motor as our international two-wheeler business achieved a
sales milestone of 100,000 units in March.
We are extremely thankful to our esteemed customers, distributors,
suppliers and our passionate team who have made this possible. Along with our
industry peers, we look forward to continue playing a role in making Indian two
and three-wheelers popular and aspirational in many global markets. Over the past months, we have witnessed
growth across various geographies with a definite shift to premiumisation. We
will strive to keep this momentum going forward as we seek to delight customers
with our exciting range of products. Investments in technology and the future
of mobility will be important for us in the next phase of our growth and
of the Company grew by 42% registering 15,246 units in March 2021 as against
10,751 units in March 2020.
Fourth Quarter Sales Performance FY
the fourth quarter of the financial year 2020-21, two-wheeler sales grew by 50%
increasing from 5.90 Lakh units registered in the fourth quarter of financial
year 2019-20 to 8.87 Lakh units in the fourth quarter of financial year
2020-21. Three-wheeler sales of the
Company registered sales of 0.43 Lakh units in the fourth quarter of financial
year 2019-20 as against 0.41 Lakh units in the fourth quarter of the financial