Expect scooter segment to account for over 40 pc of two-wheeler sales: TVS Motor

TVS Motor Company CEO KN Radhakrishnan expects the scooter segment to grow and comprise around 40 per cent of total two-wheeler sales. The newly launched Jupiter 110 is expected to strengthen TVS's market position. The company's scooter sales have grown with a 12 per cent CAGR, outperforming the industry's 8 per cent.