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TVS Motor Company has announced a ₹2,000 crore investment in Karnataka over the next five years, aimed at strengthening its infrastructure and expanding its capabilities in the state. The two and three-wheeler manufacturer formalized the commitment by signing a Memorandum of Understanding (MoU) with the Karnataka government at the Global Investors Meet (GIM) 2025 in Bengaluru.
The investment will be directed towards establishing a Global Capability Centre (GCC), expanding production and engineering operations in Mysuru, developing a new test track, and setting up additional office infrastructure, the company said in a statement.
“We envision a capability centre that will attract top talent and foster innovation, with research capabilities that will drive the next generation of motorcycles. The new office and allied infrastructure will bring together engineers, designers, AI and ML experts to shape the future of mobility,” said Sudarshan Venu, Managing Director, TVS Motor.
TVS Motor, the world’s fourth-largest two-wheeler manufacturer with a global customer base of 58 million, currently operates a state-of-the-art facility in Mysuru. The plant employs over 3,500 people and has an annual production capacity of 1.5 million vehicles. It generates ₹7,600 crore in revenue, with exports alone contributing ₹1,200 crore.
With the fresh investment, TVS aims to double both its exports and overall revenue from its Mysuru operations. The company also operates two other manufacturing facilities in India—a 300-acre plant in Hosur, Tamil Nadu, and another in Nalagarh, Himachal Pradesh.
HBL
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