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TVS Motor to set up Rs 1,100 crore two-wheeler plant in Karnataka

24 Aug 2017 Evaluate

TVS Motor Company has proposed to set up Rs 1,100 crore two-wheeler plant in Karnataka. The company is planning to set up its two-wheeler plant at Bytahalli, Kadakola, in Mysuru. The proposal will be cleared shortly by the State High Level Clearance Committee (SHLCC). The plant will provide create employment for 800 people.

In the past three months, Karnataka’s SHLCC has cleared a proposal for Oracle India’s IT/ITeS SEZ at Kadubeesnahalli village near Bengaluru.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

Peers
Company Name CMP
Bajaj Auto 9796.90
TVS Motor Company 3940.55
Hero MotoCorp 4942.60
Eicher Motors 6911.85
OLA Electric Mobilit 34.16
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