TVS Motor launches 125cc scooter NTORQ
New Delhi: Chennai-based two-wheeler maker TVS Motor Co. Ltd on Monday introduced its first model in the rapidly growing 125cc scooter category. The model named NTORQ is priced at Rs58,750 (ex-showroom, New Delhi).
The model competes with market leader Honda Motorcycle and Scooter India (HMSI) Pvt. Ltd’s best-selling Activa 125 and newly-launched Grazia, in addition to Suzuki Motorcycle India Pvt. Ltd’s Access 125.
After the Grazia and now the NTORQ’s launch, with HMSI leading the way with the Grazia in November, Suzuki and Piaggio are likely to introduce more models in this category, the companies had said.
“We expect the segment to grow even further on the back of increased innovation,” K.N. Radhakrishnan, president and chief executive at TVS Motor told Mint.
TVS can make 100,000 units of the new model at its Mysuru plant and plans to double this by March 2019, said Radhakrishnan.
Currently, TVS sells three model—the Wego, Jupiter and Zest —in the executive scooter segment.