The production of mopeds—the cheap light-powered two-wheeler used in towns and villages—dropped nearly 30.64 per cent in April-July 2019 as sales decline and the country's automobile sector faces one of its worst downturns.
TVS Motor Company, India's third largest two-wheeler maker, is the sole manufacturer of mopeds after Hero and Kinetic exited the sector many years ago.
TVS Motor produced 2,15,247 mopeds in April-July compared to 3,10,330 units during same period last year, marking a decline of 30.64 per cent. Overall scooter production in the country declined by 15.31 per cent and motorcycles by 6.52 per cent during the same