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TVS Motor expects to close fiscal with 25% rise in Apache motorbike sales

Company launches new Apache RTR 160 4v, says Apache series is finding global acceptance

TVS Apache RTR
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TVS Apache RTR

Gireesh Babu Chennai
Two-wheeler major TVS Motor expects sales of its Apache series of motorcycles to hit 500,000 units at the end of this fiscal. This would translate into a 25 per cent growth in volume sales over the previous year. The company launched its new Apache RTR 160 4v on Wednesday.

"This (premium motorcycle) industry is growing very fast. We are estimating to sell 500,000 units in the Apache series, which is a growth of around 25 per cent," said K N Radhakrishnan, president and chief executive officer, TVS Motor Company.

He added that the series is finding acceptance in