TVS Motor’s June Sales Up 21%; Exports, Scooters Drive Growth

TVS Motor Co. Ltd. reported a 21% year-on-year rise in total despatches to 402,001 units in June. Two-wheeler sales rose 20% to 385,698 units, the highest growth rate in nine months. Motorcycle and scooter sales rose 24% and 26% respectively.

Domestic two-wheeler sales grew 10%, while EV sales fell 9% due to supply chain issues. Exports surged 54% to 117,145 units. April–June total sales reached a record 1.28 million units, with exports up 39% on year.