Published On:February 5 2024
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TVS Motor Affirms Pledge to Invest ₹5,000 Crore in Future Technologies
TVS Motor Company, a key player in the two- and three-wheeler segments, has restated its commitment to invest ₹5,000 crore in advancing technologies for product design, development, and deployment. Managing Director Sudarshan Venu emphasized the company's dedication to innovation, with a focus on engineering, research and development (R&D), and cutting-edge design. With a vision to enhance the quality of life for customers, TVS Motor aims to redefine the future of mobility through technology and connectivity. Currently, the company exports nearly 30% of its annual volume to 80 countries and aspires to increase its export share to 50% in the coming years, emphasizing clean, connected, and technologically advanced mobility solutions.
HBL