TVS Motor two-wheeler exports touch 1 lakh mark in March

Two-wheeler exports of TVS Motor reached 1 lakh units in March, majorly driven by the growth in motorcycle sales in key markets across geographies, the company said in a statement on Wednesday.

The flagship company of the $8.6 billion TVS Group, TVS Motor, which manufactures two and three-wheelers, export products such TVS Apache, TVS HLX series, TVS Stryker series, among others. It has presence in over 60 countries, across Africa, South East Asia, Indian Sub-Continent, Central and Latin America. In addition, the company is also looking to enter more markets in Europe and North America as well, the statement 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. 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," said Sudarshan Venu, joint managing director, TVS Motor Company. Over the past months, the company has witnessed growth across various geographies with a definite shift to premiumisation, he added.