TVS to spend 500 Crore Rupees for the Bigger Bike and Engine
TVS invest INR 500 Crores on its new products
One of the indigenous two wheeler manufacturer having a successful history in the Indian motorcycle history is the TVS. The company revolutionized the 150 cc segment with the launch of Apache motorcycles and continues to offer still in higher segments.
Now the company has planned to invest INR 500 Crores for its new plan regarding the production of high capacity motorcycle, a scooter, and a new stream of engine this year. The company adds more interest and capital expenditure this year compared to the previous.
Also read: Royal Enfield Spend 800 Crores for making new models
The production capacity of the company has improved in its three of its manufacturing units and over took the Hero MotoCorp this year in the Scooter manufacturing.
The most awaited part of the TVS is the motorbikes that are about to launch with the collaboration of BMW Motorrad. The BMW G310R gets connected directly, while the same set of power is offered to the TVS Apache RR 310S and offered as a full faired motorcycle.
Also Read: Apache 200 Pro Performance X stunts
Both the motorcycles are spotted in testing and are close to the launch in India and the investment of Rs. 500 Crores can get many positive aspects to the TVS motorcycles.