Murugappa Group Company Tube Investments of India's strategic business unit BSA Motors today unveiled five models of its electric scooters here priced at Rs 19,450-27,200 (ex-showroom Delhi).
The models' engine capacity is between 250 watts and 800 watts.
"The electric scooter market is currently a Rs 400-crore market in India and the industry is expected to double in a year's time. The initial market response for our product has been positive in the southern region and by the extending sales and services network into Delhi we hope to grow rapidly," Tube Investments of India Managing Director L Ramkumar told reporters here.
BSA Motors had launched these scooters earlier this year and they are now marketed in 10 states.
The company's Rs 30 crore Chennai plant has an initial production capacity of 150 units a day which can be ramped up to 300 units daily.