TVS Annual Two-Wheeler Exports Cross 1 Million Mark For First Time
Highlights
- TVS has despatched 10 lakh units in one financial year for the first time
- TVS Motor Company is India's second largest two-wheeler exporter
- TVS has a collaboration with BMW Motorrad to jointly develop products
TVS Motor Company, one of India's leading two-wheeler manufacturers, has announced its annual two-wheeler export volumes of over 1 million (10 lakh) units in FY 2021-22. TVS is India's second largest exporter of two-wheelers and the company has achieved the 10 lakh export milestone in a financial year for the first time. According to a statement from the company, TVS Motor Company's key exports include the TVS Apache series, TVS HLX series, TVS Raider, and TVS Neo series. The company says an increase in global motorcycle sales has significantly contributed to this achievement.
Also Read: TVS Motor Company Reports Highest-Ever Revenue In Q3 FY 2022
Speaking about the milestone, Sudarshan Venu, Joint Managing Director, TVS Motor Company, said, "The one million export mark is a significant milestone for TVS Motor Company. This further underscores our path towards being a global player in personal mobility solutions. TVS Motor has always been committed to quality, technology, and customer delight and this must be further enhanced in the future. We are excited to continue building on this positive momentum as we expand into newer geographies with attractive products and new first in segment, technology offerings."
Also Read: TVS Acquires E-Bike Manufacturer Swiss E-Mobility Group AG
KN Radhakrishnan, Director and CEO, TVS Motor Company, added, "We are delighted that TVS Motor's international two-wheeler business has achieved a sales milestone of 1 million units in this financial year. The consistent strong export performance is a testimony to our customer experience and best-in-class quality. We are extremely thankful to our esteemed customers, distributors, suppliers, and a passionate team who have made this possible. We have a strong focus on expanding and bolstering our market presence across global markets with an exciting range of products that cater to the fast-evolving mobility needs of every customer segment. With the support of our distribution network, we look forward to continue playing a role in making Indian two and three-wheelers popular and aspirational globally."
Also Read: TVS, BMW Motorrad Announce Joint Development Of EVs
TVS Motor Company has a presence across 80 countries in Africa, Southeast Asia, the Indian Sub-Continent, Central and Latin America and is seeking to enter more markets in Europe and North America. TVS currently has a collaboration with BMW Motorrad under which TVS manufactures the small displacement BMW G 310 R and BMW G 310 GS models in India. Under the common platform, TVS has its own model, its flagship product, the TVS Apache RR 310. The two companies have announced expanding the partnership to include joint development of EVs.
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