TVS Motor Company clocks exports of 100,000 units in March 2021
Date: 31 Mar 2021
TVS
Motor Company has clocked total export sales of 100,000 units in March
2021. An increase in motorcycle sales
in key markets across the globe has significantly contributed to this
achievement.
Sudarshan Venu, Joint Managing Director, TVS
Motor Company, said, “It is a momentous occasion for TVS Motor as our
international two-wheeler business achieved a sales milestone of 100,000 units
in March. We are extremely thankful to
our esteemed customers, distributors, suppliers and our passionate team who
have made this possible. Along with our industry peers, we look forward to
continue playing a role in making Indian two and three-wheelers popular and
aspirational in many global markets.
Over the past months, we have witnessed growth across various
geographies with a definite shift to premiumisation. We will strive to keep
this momentum going forward as we seek to delight customers with our exciting
range of products. Investments in technology and the future of mobility will be
important for us in the next phase of our growth and transformation.”
TVS Motor Company has a presence in over 60
countries in geographies across Africa, South East Asia, Indian sub-Continent,
Central & Latin America and is seeking to enter more markets in Europe and
North America as well. The company's key export products include the TVS
Apache, TVS HLX series, TVS Stryker series, etc.
TVS
owned Norton Motorcycles, in January 2021, announced that the company would
move into the most advanced manufacturing facility in the brand’s 123-year
history.Norton is currently finalising the construction of its new factory in
Solihull and is expected to open by the mid of Q2, 2021 and will mark the
beginning of an exciting new chapter for the English marquee.