India: TVS Motor registers 17.5% y-o-y growth in Dec’20 sales

India’s third largest two-wheeler manufacturer – TVS Motor’s Dec’20 sales grew by 17.5% y-o-y to 272,084 units against 231,571 units in Dec’19. Total two-wheeler sales grew by 20% y-o-y while exports increased by 28% y-o-y. During the third quarter of FY’21, the company’s total two-wheeler sales stood at 9.52 lakh units against 7.73 lakh units in Q3 FY’20.