TVS Motor targets growth in domestic and international markets with new launches, regional expansion, and electric vehicle sales.

TVS Motor Company plans to outperform competition in domestic and international markets this fiscal year, driven by new product launches, strengthening operations in key regions, and growing demand for two-wheeler mobility. The company anticipates selling electric vehicles in both developing and developed markets, leveraging its Indonesian plant to cater to ASEAN markets, and increasing presence in Africa, Middle East, and Latin America. For the April-June quarter, TVS Motor reported a 6% year-on-year increase in consolidated net profit at Rs 461 crore.

August 18, 2024
9 Articles