The two-wheeler market is witnessing the ripple effects of the latest Goods and Services Tax (GST) revisions. Companies are actively adjusting prices for their motorcycles and scooters. This is particularly good news for consumers who have been planning to purchase a new motorcycle. TVS has responded by announcing a substantial price reduction for its renowned Ronin model.
The TVS Ronin, a favorite among the youth, is equipped with a 225.9cc engine. Due to its engine capacity being under 350cc, the motorcycle now falls under the revised GST structure. This has resulted in price cuts of up to ₹14,000. The bike is available in six variants, each seeing different price adjustments.
* Lightning Black: Previously ₹1,35,990, now ₹1,24,790 (reduction: ₹11,200)
* Magma Red: Previously ₹1,38,520, now ₹1,27,090 (reduction: ₹11,430)
* Glacier Silver: Previously ₹1,60,510, now ₹1,47,290 (reduction: ₹13,220)
* Charcoal Ember: Previously ₹1,62,010, now ₹1,48,590 (reduction: ₹13,420)
* Nimbus Grey: Previously ₹1,73,720, now ₹1,59,390 (reduction: ₹14,330)
* Midnight Blue: Previously ₹1,73,720, now ₹1,59,390 (reduction: ₹14,330)
This price reduction is especially advantageous for young riders seeking a stylish and powerful motorcycle. The TVS Ronin, which already enjoys popularity among the younger demographic, is expected to gain further demand following the price reduction. The design and features of the Ronin make it suitable for both city riding and extended journeys. In summary, the GST reduction offers a direct financial benefit to consumers. With the Ronin now more affordable and offering savings of up to ₹14,000, it becomes even more appealing within its segment. The company anticipates a surge in sales in the near future.