The company wants to enter more markets in Europe and North America. Which includes TVS Apache, TVS HLX Series and TVS Striker Series in the range of major export motorcycles.
Tvs Bikes
TVS Motor Company has announced that in March 2021, the company’s two-wheeler exports exceeded 100,000 units. According to the company, the increase in motorcycle sales in major markets around the world has contributed significantly to this achievement. In February 2021, the company’s two-wheeler exports stood at 89,436 units, an increase of 35 percent. During the October-December 2020 quarter, TVS Motor Company’s total exports stood at 2.61 lakh, while from April to December 2020, the exports stood at 5.55 units.
On achieving the milestone, Sudarshan Venu, Joint Managing Director of TVS Motor Company said, “This is an important opportunity for TVS Motor as our international two-wheeler business achieved sales of 100,000 units in March. We are extremely grateful to our esteemed customers, distributors, suppliers and our strong team who have made it possible.
Together with our industry peers, we look forward to playing a role in making Indian two- and three-wheelers popular and aspirational in many global markets. TVS is India’s second largest exporter of two-wheelers, and has a strong presence in overseas markets. The list includes more than 60 countries such as Africa, Southeast Asia, the Indian subcontinent, Central and Latin America.
The company wants to enter more markets in Europe and North America. Which includes TVS Apache, TVS HLX Series and TVS Striker Series in the range of major export motorcycles. In April 2020, TVS Motor Company acquired the British motorcycle brand Norton Motorcycle. Norton is currently finalizing the construction of its new factory and corporate headquarters in Solihul and is expected to be fully operational by the middle of the second quarter of 2021.
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