TVS Motor expects the Question Peak after GST rate rate on cars

TVS Motor Company expects the GST rate rate to reduce the car industry will cause a sprint of demand that the company is ready to satisfy, an officer said on Friday.

The company launched a scooter of 150 cc in the city, aimed at the new generation of riders.

“The GST rate reduction on the automotive sector from 28 percent to 18 percent is a large boost and will create a sprint of demand. TVS has the capacity to meet this increase in demand,” said Senior VP (Commuter and EV Business) of TVS Motor Aniruddha Haldar.

Haldar said that TVS is the third largest two-wheeler manufacturer in India and is present in both the ICE and the electric vehicles (EV) segments.

In August 2025, the company enjoys a market share of 20 percent in the ice (internal combustion engine) and 26 percent in the EV two -wheeler collections.

Haldar said the company is a market leader in the EV segment of Tweewielers. “With factories in Mysore, Himachal Pradesh and Tamil Nadu, the company has sufficient capacity to meet the expected sprint in demand,” he said. It also produces mopeds that sell around 40,000 a month, he said.

According to Haldar, the year 2018-19 saw the highest sales volume in the two-wheeler segment at 21 million.

He said that the company has its focus on the needs of the consumer by offering products with value -low technology.