Responding to the recent GST updates implemented in India from September 22nd, TVS Motors has announced price reductions on a range of its scooters and motorcycles. This move reflects the company’s commitment to passing on the tax benefits to its customers.
**Price Cuts on Key Models**
The company has reduced prices on approximately 10 popular models, encompassing a variety of segments, from entry-level to premium. This initiative is designed to make the vehicles more affordable for consumers.
**Details of Price Adjustments**
The price reductions vary, ranging from ₹3,854 to ₹9,600 depending on the model:
* Jupiter 110: Price reduced by ₹6,481
* Jupiter 125: Price reduced by ₹6,795
* NTORQ 125: Price reduced by ₹7,242
* NTORQ 150: Price reduced by ₹9,600
* TVS XL 100: Price reduced by ₹3,854
* Radian: Price reduced by ₹4,850
* Sport: Price reduced by ₹4,850
* StarCity: Price reduced by ₹8,564
* Raider: Price reduced by ₹7,125
* Jive: Price reduced by ₹6,291
**Revised Ex-Showroom Prices**
The new ex-showroom prices for select TVS models are now:
* Jupiter 110: ₹72,400
* Jupiter 125: ₹75,600
* NTORQ 125: ₹80,900
* NTORQ 150: ₹1.09 lakh
* XL 100: ₹43,900
* Radian: ₹55,100
* Sport: ₹55,100
* StarCity: ₹72,200
* Raider: ₹80,500
* Jive: ₹70,600
**Customer Advantages**
The revised GST rules have positively impacted TVS’s production costs, enabling the company to provide direct savings to its customers. The significant price cut on the NTORQ 150, for example, makes it an even more attractive option for young buyers. The reduced prices of budget-friendly models like XL 100 and Radian also provide welcome relief for customers in rural and smaller towns.