Chennai, India-headquartered TVS Motor announced that it had sold over 1 million two-wheelers in overseas markets last year. This is the first time ever that the TVS Motor Company and PT TVS, Indonesia, achieved this 7-figure sales mark in a financial year. The company’s key exports include the TVS’ Apache,...
Motorcycle Market in India attracts new foreign entrants
Companies in India sold 9.02 million motorcycles in the financial year ended March 31 2011, a growth rate of of 23%, but 42% of those comprised motorcycles with small engine capacities of up to 0.125 liters. For years Enfield's Bullet ruled the performance motorcycle world in India with no rivals....