India's lone moped model TVS XL's demand decelerates

In FY17, TVS had sold more mopeds than scooters; FY18 is a different story

The TVS XL 100, the last man standing in the mopeds category in India, has sold 565,860 units so far this fiscal - still a sizeable number for a single model, but the sales are albeit on a slow lane - down 7.26 per cent. After growing by 28 per cent between April-November 2016-17, and ending the FY17 fiscal with a 23 per cent growth, the XL100 started to lose traction since the beginning of FY18. 

What is interesting to note here is that the in FY17, TVS had managed to sell more mopeds than scooters. While it sold 890,367