“The GST rate on the automobile sector has declined from 28 per cent to 2 per cent and the demand will increase and the demand for TVS increases the ability to increase the demand for TVS TVS Anirudh Haldar.
Haldar said that TVs is the third largest two -wheeler manufacturer in India and is present in both ICE and Electric Vehicles (EV) sections.
On August 125, the company has a market share in ICE (internal combustion engine) and 5 per cent in EV Two-wheeler.
Haldar said the company is the leader of the EV Two-Willer Division. “The company also has the ability to increase the expected increase, including factories in Mysore, Himachal Pradesh and Tamil Nadu. They also produce these mopeds that sell about 40,000 per month, he said.
According to Haldar, the sales of two-wheelers in the year 1-19-9-19 were 1 million.
He said that the company has the attention of the customers of the company by offering products with value-India technology.