The TVS Jupiter, India’s No. 2 best-selling scooter, has achieved the seven million wholesales milestone in the domestic market. The Jupiter scooter brand, first introduced as a 110cc model and then in 125cc avatar, has sold a total of 7.14 million units (71,40,927 units). Till end-November 2024, the 110cc and 125cc TVS Jupiter siblings together sold 7.14 million units in India and accounted for 62 percent of TVS Motor Co’s total scooter sales of 11.48 million units.
The Jupiter continues to be the Hosur-based two-wheeler major’s best-selling scooter as well as best-selling product in its entire two-wheeler portfolio. FY2024 was the Jupiter’s best fiscal year performance – at 8,44,863 units, going ahead of the previous best of 8,10,916 units in FY2018. It was TVS Motor Co’s best-selling two-wheeler in FY2024, ahead of the Raider 125 (4,78,443 units), XL100 moped (481,803 units), Apache series (3,78,112 units), and NTorq 125 sporty scooter (3,31,865 units).
In the ongoing fiscal year’s first nine months, TVS has dispatched 7,01,360 Jupiters to its showrooms across the country, up 22 percent (April-November 2023: 5,65,850 units). As in FY2024, the TVS Jupiter continues to remain way ahead of its siblings in the April-November 2024 period – NTorq (2,52,698 units), Raider (2,95,863 units), Apache (3,08,654 units) and XL moped (3,58,096 units). TVS Motor Co has also exported over 80,000 Jupiter scooters between FY2014 and FY2024.
Last Million units sold in 14 months
The TVS Jupiter is the closest rival to India’s best-selling scooter, the Honda Activa. The TVS Jupiter gave a glimpse of its promising future soon after launch. In less than two years after launch, on May 14, 2015, the scooter crossed the 5 lakh unit sales mark.
Thirty months later, on June 13, 2016, it crossed the million-sales milestone for the first time. On September 26, 2017, the 2-million sales mark was surpassed. The four-million milestone came up early in FY2021 and five million in June 2022. In celebration of the five-million sales milestone, on September 23, 2022, TVS launched the 110cc Jupiter Classic in the top-of-the-line spec with disc brakes. The six-million sales milestone came up in October 2023. The last million sales have taken around 14 months.
What has helped the Jupiter sustain itself as well as grow its market share is TVS regularly introducing variants and upgrades. Following the success of its first 125cc scooter, the sporty NTorq, TVS introduced the Jupiter 125 in October 2021. The feature-laden, bigger and more powerful Jupiter 125cc with industry-first features such as the largest under-seat storage has proved to be a growth driver for the brand, alongside the original 110cc model.
In August 2024, TVS launched the new Jupiter 110 with new styling, powered by the 113.3cc single-cylinder, 4-stroke engine which develops 8hp at 6500rpm and 9.8 Nm of torque at 5000 rpm with iGO Assist, and a number of first-in-segment features owing to the fact that the 110 is now based on the same platform as the 125.
Also See: TVS Jupiter 125 vs Suzuki Access 125 comparison
Jupiter helps power TVS scooter market share to 25 percent
Since its launch a little over 11 years ago, the Jupiter has helped give TVS a strong position in India’s scooter market. Within a year of its launch, TVS’ scooter market share grew from 12.68 percent to 15.19 percent in FY2015 and 16.36 percent in FY2018, when the TVS NTorq 125 was introduced in the penultimate month of that fiscal. Since then, the Jupiter-NTorq combined have accelerated TVS’ scooter market share to 25 percent, which is next only to market leader Honda’s 43 percent in FY2024.
Proof of the Jupiter powering TVS’s scooter sales can be amply seen in the company’s sales numbers. Of the company’s cumulative sales of 11.48 million (1,14,89,164 units) scooters from FY2014 till end-November 2024, the Jupiter accounts for 7.14 million units (71,40,927 units), which makes for a handsome contribution of 62 percent.
Jupiter rides toward 1 million sales in FY25, CNG variant in the offing
In the current fiscal year’s first eight months, TVS Motor Co has dispatched a total of 12,02,194 scooters, up 21 percent YoY (April-November 2023: 9,87,840 units) to its dealers across India. Of this, the Jupiter’s contribution at 7,01,360 units is 58 percent and the highest, followed by the NTorq 125 (2,52,698 units (up 8 percent) / 21 percent share).
Of the overall scooter industry’s wholesales of 47,87,080 units in April-November 2024, TVS Motor Co currently has a market share of 25 percent, below market leader Honda’s 44 percent. The Jupiter, which has averaged monthly sales of 87,670 units in the current fiscal till end-November, is likely to cross the 1-million sales mark for the first time in FY2025 if it maintains the same pace of growth. And, it’s learnt there’s a CNG variant in the new Jupiter product pipeline too. This will make TVS the first ground-up CNG scooter manufacturer worldwide. Stay tuned for the launch, slated to be in the first half of 2025.
Also See: Bajaj Freedom CNG sales cross 40,000 units in 6 months