Moped sales fall 25.58% in April-Oct as rural India demand dries up

Moped sales in the country dropped 25.58 per cent between April and October, hurt by poor demand in the rural market where the cheap light-powered vehicle is used for travel and carrying goods.

TVS Motor Company, the only company in India to manufacture mopeds, said exports dropped by nearly 40 per cent in the same period but it’s confident the sales will improve when Bharat Stage (BS) VI fuel emission norms are introduced next year.

Domestic moped sales dropped to 3,92,586 units in April-October from 5,27,505 units a year ago, according to numbers put out by the Society of Indian