The homegrown two-wheeler manufacturer expects the scooter segment to grow further and account for around 40 per cent of its overall two-wheeler sales.
The scooter comes equipped with a next-gen engine and futuristic, first-in-segment features.
The second-generation Jupiter by TVS Motor will be pitted against other 110 cc ICE scooters such as Honda Activa and Hero Pleasure Plus
The company already sells a 110cc version of the scooter and Jupiter 125 expands the product portfolio.
This is the second price increase since the scooter’s launch. The first time around, the company raised prices by just Rs 600. With an increase of Rs 1,040, the hike is almost double the amount this time.
We ride Yamaha Alpha, the scooter for all from the Japanese manufacturer
Scooter sales rose by 8 percent year-on-year (18.4 percent sequentially) to 43,201 units. "During the month, the company strengthened its scooter portfolio with the launch of TVS Jupiter targeted at the male customer," according to its release.