TVS Motor Company recorded total sales of 397,623 units in January 2025, marking a 17% increase from 339,513 units in January 2024. The company's international business showed significant growth with exports rising 46% to 101,055 units, compared to 69,343 units in the previous year.
The two-wheeler segment led the growth with sales of 387,671 units, an 18% increase from 329,937 units in January 2024. Domestic two-wheeler sales grew 10% to reach 293,860 units, up from 268,233 units in the same period last year.
Motorcycle sales increased 12% to 174,388 units from 155,611 units, while scooter sales showed stronger growth of 29%, reaching 171,111 units compared to 132,290 units in January 2024. The company's electric vehicle division continued its expansion with sales of 25,195 units, representing a 55% growth from 16,276 units in the previous year.
Two-wheeler exports demonstrated robust performance with a 52% increase, reaching 93,811 units compared to 61,704 units in January 2024. The three-wheeler segment recorded modest growth of 4%, with sales increasing to 9,952 units from 9,576 units.
TVS Motor Company, headquartered in Bengaluru, has maintained its position as one of India's leading two-wheeler manufacturers. The company's growth across segments reflects the recovery in both domestic and international markets, particularly in the electric vehicle segment where TVS has been expanding its presence.
The January performance indicates continued momentum in the two-wheeler industry, with TVS Motor Company's diverse product portfolio spanning motorcycles, scooters, and electric vehicles contributing to its overall growth. The strong export numbers suggest improving demand in international markets where TVS operates.