Chennai: The total production and sales of moped for TVS Motor Company Ltd declined the last fiscal slightly as compared to the previous fiscal.
The two and three-wheeler maker TVS Motor is the only company that rolls out mopeds.
The company makes TVS XL model.
Last fiscal TVS Motor produced a total of 636,218 mopeds, down from 649,678 units during 2019-20.
During 2020-21 TVS Motor sold 625,560 mopeds (domestic 617,247 units, exports 8,313 units), down from 650,671 units (domestic 636,812 units, exports 13,859 units) sold during 2019-20.