TVS to launch two new vehicles on per year basis

In order to Strengthen its position in Indian market the well known TVS Motors is aiming to launch two new models on per year basis. As said by TVS Motors on Wednesday the company has planned of launching two new models per year. "Next year there will be two more models to consolidate our presence. We are working on the basis of two new models a year" Srinivasan. After unveiling the company's first "clutch less" motorcycle and an "automatic" scooterette Mr Srinivasan said that the company would be "upgrading" some of their existing models. Though any information regarding in which segment the New model will be launched. The expected Price of the both of the models is expected to be in the range of Rs 41,500 and Rs 42,500 respectively. Besides this the company has invested about Rs 25 crore on its upcoming model Jive and at the same time it has invested Rs 55 crore on automatic scooterette as told by Mr Srinivasan.