TVS Motor Company has announced a robust sales performance for October 2026, registering a 29% increase in overall sales. The company sold 700,134 units compared to 543,557 units in the same period last year. Key growth drivers include a 28% rise in two-wheeler sales and an impressive 120% surge in electric vehicle sales, highlighting the company’s expanding market presence and product diversification.
TVS Motor Company Posts Strong October Sales
TVS Motor Company, a prominent player in the two and three-wheeler manufacturing sector, has reported a significant sales increase for October 2026. The company achieved a 29% year-on-year growth, selling a total of 700,134 units, a notable rise from the 543,557 units recorded in October 2025.
Segment-wise Performance Highlights
Two-Wheeler Sales Surge
The core two-wheeler segment witnessed a healthy growth of 28%, with sales reaching 670,679 units in October 2026, up from 525,150 units in October 2025. Within this category, domestic two-wheeler sales grew by 22%, totalling 514,764 units against 421,631 units in the previous year.
Electric Vehicle Momentum
A standout performance was observed in the Electric Vehicle (EV) segment. Two-wheeler EV sales experienced a remarkable 120% increase, with 71,382 units sold in October 2026, significantly higher than the 32,387 units sold in October 2025. This rapid growth underscores TVS Motor’s successful push into the electric mobility market.
International Business Expansion
The company’s international business also demonstrated strong upward momentum, with total sales growing by 51% to 175,350 units in October 2026, compared to 115,806 units in October 2025. International two-wheeler sales also saw a 51% jump, reaching 155,915 units from 103,519 units year-on-year.
Three-Wheeler Segment Growth
The three-wheeler segment contributed positively with a growth of 60%, recording sales of 29,455 units in October 2026, an increase from 18,407 units in October 2025.
About TVS Motor Company
TVS Motor Company, part of the TVS Group, is a globally recognized manufacturer of two and three-wheelers. The company is committed to sustainable mobility and operates state-of-the-art manufacturing facilities in India and Indonesia. With a legacy spanning over 100 years, TVS Motor focuses on delivering high-quality products through innovative processes and has received prestigious accolades, including the Deming Prize.
Source: BSE