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TVS Motor to set up assembly line in Uganda

02 Aug 2013 Evaluate

TVS Motor Company, the third largest two-wheeler manufacturer in India is planning to set up a state-of-the-art assembly line in Uganda. The company is also planning to launch two new motorcycle models for Uganda. These 'Motorcycles will be specific to the Ugandan markets in terms of usability, reliability and durability.

TVS Motor Company is the flagship of the $6 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India. The company recently won 'India's Most Trusted Two Wheeler Brand' Award from the Times Group.

Peers
Company Name CMP
Bajaj Auto 10377.00
TVS Motor Company 4078.80
Hero MotoCorp 5220.35
Eicher Motors 7150.00
OLA Electric Mobilit 34.95
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