TVS Motor Company, the third largest two-wheeler manufacturer in India is in talks with German Auto-maker, BMW for a technology tie-up. Through this deal, the company aims to share technology and a joint venture to manufacture the motorcycles. The entity has introduced Phoneix, an executive-class bike, in October last year. The company has decided to roll-out one more bike and two scooters in coming three quarters.
TVS Motor Company is the third largest two-wheeler manufacturer in India and one among the top ten in the world. The company has a production capacity of 2.5 million units a year. Wego is a 110 cc scooter targeted at the urban young couples. The company’s other scooter brands are TVS Scooty Pep+ and TVS Scooty Streak aimed at female customers.
