Following the implementation of new GST regulations on September 22nd in India, TVS Motors, a prominent two-wheeler manufacturer, has reduced the prices of its scooters and motorcycles. This move aims to pass on the benefits of tax reductions directly to consumers during the festive season.
**Price Reductions Across Multiple Models**
The company has announced price reductions for approximately 10 popular scooter and motorcycle models, spanning entry-level to premium segments. This initiative makes purchasing more accessible for customers.
**Specific Price Adjustments**
The price cuts range from ₹3,854 to ₹9,600, varying by model:
* Jupiter 110: ₹6,481 reduction
* Jupiter 125: ₹6,795 reduction
* NTORQ 125: ₹7,242 reduction
* NTORQ 150: ₹9,600 reduction
* TVS XL 100: ₹3,854 reduction
* Radian: ₹4,850 reduction
* Sport: ₹4,850 reduction
* StarCity: ₹8,564 reduction
* Raider: ₹7,125 reduction
* Jive: ₹6,291 reduction
**New Ex-Showroom Prices**
The updated prices (ex-showroom) for select TVS models are:
* Jupiter 110: ₹72,400
* Jupiter 125: ₹75,600
* NTORQ 125: ₹80,900
* NTORQ 150: ₹1.09 lakh
* XL 100: ₹43,900
* Radian: ₹55,100
* Sport: ₹55,100
* StarCity: ₹72,200
* Raider: ₹80,500
* Jive: ₹70,600
**Customer Benefits**
The revised GST rules have lowered production costs for TVS, resulting in direct savings for consumers. For instance, the NTORQ 150’s price cut of nearly ₹9,600 makes it an appealing choice for younger buyers. Furthermore, the price reductions on budget-friendly models like the XL 100 and Radian will benefit customers in rural areas and smaller towns.