TVS Commits Rs 1 Bn for NTorq 150 Launch Ahead of Festive Season
ECONOMY & POLICY

TVS Commits Rs 1 Bn for NTorq 150 Launch Ahead of Festive Season

TVS Motor Company has invested nearly Rs 1 billion in launching the NTorq 150 Hyper Sport Scooter, aiming to capitalise on festive-season demand and strengthen its presence in the fast-growing premium scooter segment.

Aniruddha Haldar, Senior Vice-President and Head of Commuter and EV Business, told Business Standard that the company’s strategy combines strong product investment with a responsive dealer network. “With the NTorq 150, we are doubling down on premium scooters backed by strong investment and a responsive dealer network to convert festive-season demand into measurable growth, even amid market shifts like the GST changes,” he said.

Designed with contemporary styling and aerodynamics, the NTorq 150 is aimed at young, style-conscious consumers. The model features a 149.7 cc air-cooled engine, accelerating from 0–60 km/h in 6.3 seconds and reaching a top speed of 104 km/h, making it one of the fastest scooters in its category.

TVS is consolidating its position in the sport scooter market, which is outpacing overall two-wheeler growth. The NTorq 150 launch follows recent refreshes such as the TVS Orbiter, contributing to what Haldar described as the “freshest portfolio across all segments.”

Despite market volatility, TVS has maintained steady growth, supported by operational agility across its 1,400 primary dealerships and 4,000 secondary outlets. Haldar said, “Our ability to pivot quickly and respond to market changes has been key to sustaining growth.”

The recent GST rate cut is expected to further encourage buyers during the festive season, although dealers have expressed concerns over pre-GST inventory. Haldar acknowledged the issue but remained optimistic. “The benefits will flow across stakeholders, and the market fundamentals remain strong,” he noted.


News source: Business Standard

TVS Motor Company has invested nearly Rs 1 billion in launching the NTorq 150 Hyper Sport Scooter, aiming to capitalise on festive-season demand and strengthen its presence in the fast-growing premium scooter segment.Aniruddha Haldar, Senior Vice-President and Head of Commuter and EV Business, told Business Standard that the company’s strategy combines strong product investment with a responsive dealer network. “With the NTorq 150, we are doubling down on premium scooters backed by strong investment and a responsive dealer network to convert festive-season demand into measurable growth, even amid market shifts like the GST changes,” he said.Designed with contemporary styling and aerodynamics, the NTorq 150 is aimed at young, style-conscious consumers. The model features a 149.7 cc air-cooled engine, accelerating from 0–60 km/h in 6.3 seconds and reaching a top speed of 104 km/h, making it one of the fastest scooters in its category.TVS is consolidating its position in the sport scooter market, which is outpacing overall two-wheeler growth. The NTorq 150 launch follows recent refreshes such as the TVS Orbiter, contributing to what Haldar described as the “freshest portfolio across all segments.”Despite market volatility, TVS has maintained steady growth, supported by operational agility across its 1,400 primary dealerships and 4,000 secondary outlets. Haldar said, “Our ability to pivot quickly and respond to market changes has been key to sustaining growth.”The recent GST rate cut is expected to further encourage buyers during the festive season, although dealers have expressed concerns over pre-GST inventory. Haldar acknowledged the issue but remained optimistic. “The benefits will flow across stakeholders, and the market fundamentals remain strong,” he noted.News source: Business Standard

Next Story
Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Next Story
Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Next Story
Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement