TVS Motor to Pass Full GST Rate Cut Benefits to Customers

1 min read     Updated on 08 Sept 2025, 04:41 PM
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Naman SharmaScanX News Team
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Overview

TVS Motors announces it will transfer the complete benefit of reduced GST rates on ICE vehicles from 28% to 18% directly to customers, effective September 22, 2025. This decision follows recent GST Council reforms. The move is expected to result in significant savings for consumers across TVS Motor's ICE product range. Electric vehicles will continue to enjoy a 5% GST rate. The company's CEO, KN Radhakrishnan, praised the government's decision as transformative and aligned with the vision of Viksit Bharat 2047.

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*this image is generated using AI for illustrative purposes only.

TVS Motors , a leading two and three-wheeler manufacturer, has announced its decision to transfer the complete benefit of reduced Goods and Services Tax (GST) rates directly to its customers. This move comes in response to recent reforms introduced by the GST Council, which has lowered the tax rates on Internal Combustion Engine (ICE) vehicles from 28% to 18%.

Significant Savings for Customers

The reduction in GST rates is expected to result in substantial savings for consumers across TVS Motor's ICE product portfolio. The company has confirmed that these benefits will be available to customers starting September 22, 2025, enhancing the accessibility of their ICE products.

Impact on Electric Vehicles

It's worth noting that electric vehicles remain unaffected by this change and will continue to enjoy the concessional GST rate of 5%.

Management's Perspective

KN Radhakrishnan, Director & CEO of TVS Motor Company, commented on the development, stating, "The GST rate rationalisation is a bold and transformative move that will accelerate consumption across society. We sincerely thank the Government of India for these progressive reforms." He further added, "The Government's consistent efforts to boost growth and strengthen the middle class's spending power are vital steps towards realising the Hon'ble Prime Minister's vision of Viksit Bharat 2047."

Commitment to Customer Communication

TVS Motor has pledged to undertake extensive communication measures to inform customers about the benefits accruing from the GST rate reductions. This initiative aligns with the company's commitment to providing mobility solutions that are trusted, reliable, and offer an unparalleled user experience.

Company Overview

TVS Motor Company, with its century-old legacy, operates four state-of-the-art manufacturing facilities in India and Indonesia. The company has a strong global presence, exporting its products to 80 countries. TVS Motor is recognized for its commitment to quality, having won the prestigious Deming Prize, and consistently leading in J.D. Power IQS & APEAL surveys and Customer Service Satisfaction Survey.

This move by TVS Motor to pass on the full benefit of GST rate cuts demonstrates the company's dedication to its customers and its support for the government's initiatives to boost economic growth and consumption in the automotive sector.

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TVS Motor Unveils India's Fastest Hyper Sport Scooter: TVS Ntorq 150

1 min read     Updated on 04 Sept 2025, 02:47 PM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

TVS Motors has introduced the TVS Ntorq 150, positioned as India's fastest hyper sport scooter. This launch marks a significant expansion of TVS's scooter portfolio in the premium segment, targeting enthusiasts and urban riders seeking high-performance two-wheelers. The Ntorq 150 joins the existing Ntorq series, potentially disrupting the premium scooter market in India. While specific details about features, pricing, and availability are yet to be disclosed, this move demonstrates TVS Motors' commitment to innovation and meeting evolving consumer preferences in the two-wheeler market.

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*this image is generated using AI for illustrative purposes only.

TVS Motors , a leading player in the Indian two-wheeler market, has made a significant move to strengthen its position in the premium scooter segment. The company has introduced the TVS Ntorq 150, touted as the fastest hyper sport scooter in India, marking an exciting expansion of its scooter product portfolio in the domestic market.

A New Benchmark in Speed and Performance

The launch of the TVS Ntorq 150 represents a bold step by TVS Motors to cater to the growing demand for high-performance scooters in India. By positioning it as the fastest hyper sport scooter in the country, TVS is clearly targeting enthusiasts and urban riders who crave both speed and style in their daily commute.

Expanding the Scooter Portfolio

This new addition to TVS Motors' lineup demonstrates the company's commitment to diversifying its product range and meeting evolving consumer preferences. The TVS Ntorq 150 joins the existing Ntorq series, which has already established a strong presence in the 125cc segment.

Market Implications

The introduction of the TVS Ntorq 150 could potentially shake up the premium scooter market in India. As consumers increasingly look for powerful and feature-rich two-wheelers, TVS Motors' latest offering might attract attention from both scooter enthusiasts and those considering a shift from motorcycles to high-performance scooters.

Looking Ahead

While specific details about the TVS Ntorq 150's features, pricing, and availability are yet to be disclosed, the launch signals TVS Motors' intent to push boundaries in the scooter segment. It will be interesting to see how this new model performs in the market and whether it will set a new trend for high-powered scooters in India.

As TVS Motors continues to innovate and expand its product range, the TVS Ntorq 150 stands as a testament to the company's focus on performance and its ability to respond to market demands with cutting-edge offerings.

Historical Stock Returns for TVS Motors

1 Day5 Days1 Month6 Months1 Year5 Years
-0.56%+0.45%+17.84%+54.60%+23.72%+664.87%
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