TVS Motor Company (TVSM) has entered into a Memorandum of Understanding (MoU) with Guidance, the Nodal Agency of Government of Tamil Nadu (GoTN) on January 7, 2024 as part of the Tamil Nadu Global Investors Meet 2024, Chennai. GoTN will provide facilitation and support to TVSM in the form of necessary infrastructural support and regulatory facilitation subject to applicable laws. TVSM proposes to invest Rs 5000 crore in 5 years.
TVS Motor Company is a reputed two and three-wheeler manufacturer.