TVS Motor Company Reinforces Commitment to Technological Advancements with Rs 5,000 Crore Investment
TVS Motor Company has reaffirmed its dedication to advancing technology in the automotive industry by pledging a substantial investment of Rs 5,000 crore. This financial commitment will be directed towards the design, development, and deployment of cutting-edge technologies across their range of products.
Sudarshan Venu, Managing Director of TVS Motor Company, emphasized the company’s strong foundation in engineering and research and development (R&D), boasting a team of over 2,000 engineers supported by robust design and development capabilities. Venu stated, “Our vision is to transform the quality of life of our customers and redefine the future of mobility with technology, connectivity, and cutting-edge design.”
TVS Motor Company, known for its presence in the two- and three-wheeler segments, currently exports nearly 30 percent of its annual volume and maintains a footprint in 80 countries. The company’s global reach is a testament to its commitment to delivering high-quality products to a diverse customer base.
Focusing on environmentally friendly, connected, and technologically advanced mobility solutions, TVS Motor Company aims to increase its export share to 50 percent in the coming years. By aligning with the evolving trends and demands of the automotive industry, the company seeks to position itself as a leader in the global market.
The commitment to invest in future technologies reflects TVS Motor Company’s proactive approach to stay ahead in the rapidly changing automotive landscape. As the industry continues to evolve, the company’s dedication to innovation is expected to play a pivotal role in shaping the future of mobility.
