TVS to soon come with Low Cost Bikes
Published On Nov 18, 2010 12:00 AM By sagarfor TVS Star City Plus
- 1286 Views
- Write a comment
In order to make a prominent stand in the fastest growing auto market, the most trusted company, TVS, has planned to work on its low cost bikes. The driving force behind the idea is the growing demands for affordable products in the Indian bike market. The companies have been continuously coming up with latest and ever new models fascinating the customers and are increasing their sales day by day. It is now the most crucial time for the company to hike the sales matching its users requirement. The company have been manufacturing the latest and advanced products till now but now have to pay attention to the costs of the product. With this the company also promise no compromises to the quality of the bikes.
Till date the cheapest bike from the company TVS new Star Sport that comes with a nominal price tag of Rs 32,000 (ex-showroom New Delhi) with an engine capacity of 10 cc. The all time famous company of the country have been availing its customers with the most stylish and powerful bikes from years and the recent decision taken does not mean it would discontinue the production of Super bikes. With the low cost models also , the company commits to provide the users with international designs.
Press Release :
Venu Srinivasan TVS Motors Chairman told FE “The work is on (for low-cost models) but I can’t share more details. The approach that the two-wheeler makers adopt will determine who’s at the top. With uncertainty over the future of the alliance between the Hero Group and Honda Motors, Bajaj Auto and TVS Motor could be the companies to watch out for as far as innovation and product development is concerned,”. He added,“The introduction of the Nano made us take notice (of producing low cost products)… it is possible to manufacture low cost products in the country,”