TVS Motor Company will invest ₹2,000 crore in Karnataka to expand production and exports.

TVS Motor Company plans to invest ₹2,000 crore in Karnataka over five years, focusing on setting up a global capability center and expanding production and engineering in Mysuru. The company aims to double its export and overall revenues from the Mysuru operations, which currently generate ₹7,600 crore annually, with ₹1,200 crore from exports. The facility employs over 3,500 people with an annual production capacity of 1.5 million vehicles.

5 weeks ago
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