TVS Motor Announces Full GST Savings Transfer to Customers
In a significant move, the Government of India has announced that electric vehicles will continue to remain under the concessional 5% Goods and Services Tax (GST) bracket, a decision that is expected to make TVS Motor Company's Internal Combustion Engine (ICE) portfolio significantly more affordable.
The timing of this GST rate reduction, effective September 22, 2025, could not be more beneficial for everyday buyers, as it coincides with the festive season, traditionally a period of increased demand for two-wheelers.
KN Radhakrishnan, Director & CEO of TVS Motor Company, has expressed his appreciation for the government's decision, calling it 'bold and transformative'. He believes that the GST rationalisation will accelerate consumption across society, strengthening the middle class's spending power, which is crucial in realizing the Hon'ble Prime Minister's vision of Viksit Bharat 2047.
In the past one month, TVS has launched several new models, including the Ntorq 150, Orbiter, and a new range of Apache motorcycles. As part of an extensive awareness drive, the company is currently informing customers about the savings they can expect from the GST rate reduction.
Radhakrishnan has also emphasised that lower entry points are expected across TVS's petrol-powered range of commuter motorcycles, scooters, and performance-oriented offerings. The savings for customers at the time of purchase are noticeable, making TVS's vehicles more accessible to a wider audience.
The new General Manager of TVS Motor Company, who has not been identified, has also praised the GST rationalisation, calling it a step towards a more sustainable and affordable future for transportation in India.
TVS Motor Company sincerely thanks the Government of India for its progressive reforms, which are instrumental in shaping a brighter future for the automotive industry in India.
