TVS Motor to invest 1.75 bn rupees in FY11
Modified On Jun 2, 2015 12:00 AM By Pallavi Taneja for TVS Apache RTR 160 4V
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The country's leading two-wheeler maker, TVS Motors India Ltd intends to expand 1.75 billion rupees on new products and spread capacity in this fiscal (2010-11). " The company would fund the outlay by internal accruals income, Said, Senior official. Capital expenditures investment behind New products, Research & Development, and capacity expansion, he said. TVS Motor invested at 650-700 million rupees in the last financial year FY10. Presently, The company's most fabulous products are TVS Jive and TVS Wego, both models are really wonderful in India. TVS Jive, first India's made vehicle, which has prepared without clutch option in the country. According to woman's choices, the company launched its new gear less unisex metal body scooter "TVS Wego" in auto market. A addition alloy wheels features has packed with new scooter that we often see in bikes. The company has fitted a alloy wheels option in this scooter. TVS hope will increase the demands of these bikes. The company's premium bikes segment also preformed very well, there are available TVS Apache's all variants includes TVS Apache 160, TVS Apache 160RTR, TVS Apache 180RTR. As per some website reports that the company will launch TVS Apache next sequel variant with high-end capacity, named TVS Apache 220. Yamaha Motor will also launch its two new vehicles - Yamaha SZ and Yamaha YZF R125 soon in India.