TVS Motor Co commenced the 2010-11 financial year positively recording 28% sales increase in April.

Two wheeler manufacturer sold 144,689 units during April as compared to 113,119 units during April 2009.

Domestic two wheeler sales saw a jump of 22% to 125,471 units during the last month as against 102,985 units during April 2009.

The company sold 2,483 three wheelers in April, up from 706 sold during the same period of corresponding year.

The company exported 19,218 units as against 10,134 units during the comparable period of 2009.

In the meantime, TVS Motor is also planning to make an investment of around Rs 150 crore in 2010-11 to increase its capacity and in research and development.

The new investment will go into the company's subsisting facilities to raise two wheeler capacity from 2.2 million units to 2.8 million units. (With Inputs from Agencies)