TVS Motor launches four new global models, targets 30% overseas revenue by 2030
· Automobile · Business Standard
TVS Motor unveiled four new models at the Japan Mobility Show, marking its expansion beyond its traditional two-wheeler portfolio into global four-wheeler markets. The company aims to achieve 30 percent overseas revenue by 2030 through these new product launches. TVS Motor, headquartered in Hosur, Tamil Nadu, currently generates over 15 percent of its revenue from international markets. The new models are part of the company's broader strategy to diversify its product range and capture growth in overseas markets.
Why it matters
TVS Motor's expansion into global four-wheeler markets represents a significant diversification from its core two-wheeler business, potentially creating new export opportunities for Indian automotive components and engineering talent.
Read the original report — Business Standard
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