MoneyWorks4Me

TVS Motor aims to sell 10,000 units of Apache RR 310 bike in a year

07 Dec 2017 Evaluate

TVS Motor Company is aiming to sell 10,000 units of its newly launched Apache RR 310, a 310 cc super-premium bike, in its first year. Recently, the company has rolled out TVS Apache RR 310 for Rs 2.05 lakh (ex-showroom) with prices varying across states.

TVS Motor’s entry into the new segment comes four years after a tie-up agreement between the Indian motorcycle major and Germany's BMW Motorrad. Following the 2013 agreement between the two entities, TVS Motor has infused an investment around Rs 400 crore.

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 9734.85
TVS Motor Company 3897.95
Hero MotoCorp 4900.50
Eicher Motors 6850.80
OLA Electric Mobilit 33.30
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