TVS plans India's cheapest motorcycle


TVS Motors is mulling a low-priced motorcycle to shore up volumes in the Indian market. The product, when introduced, would be the cheapest motorcycle in the country. With this new product, TVS Motors intends to bridge the price gap between the company's range of mopeds and motorcycles.
Industry experts note the 100-110cc segment account for 60 per cent of the nine million motorcycles sold every year and is the mainstay of companies like Hero Honda and TVS Motors. To launch inexpensive products in the category is, therefore, critical for two-wheeler companies in the country.
[Source:rediff.com]

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