TVS Motor Company expects business environment to remain challenging for most part of the current financial year due to the coronavirus pandemic with chances of some revival only in the later part of the year. The good monsoon this year could lead to growth in the agriculture sector, which may help in reviving the two-wheeler industry.
The company has looked at options to minimise the impact by leveraging opportunity in less-affected countries and by launching new products and leveraging financing solutions for customers.
TVS Motor Company is a reputed two and three-wheeler manufacturer.