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TVS Motor's Indonesian arm plans to expand its boundary in foreign markets

16 Jun 2014 Evaluate

TVS Motor's Indonesian arm, PT.TVS Motor Company, is planning expand its boundary in foreign markets by entering into Laos, Cambodia, Malaysia and Turkey in 2014-15. The company is also planning to launch a 125cc sports motorcycle and a superior skubek (scooter) in Indonesia in 2014. In FY14, PT TVS has reported annual sales of 19,200 vehicles, three per cent more than in the previous year.

TVS Motor Company is the flagship of the $6 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India. The company recently won 'India's Most Trusted Two Wheeler Brand' Award from the Times Group.

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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