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TVS Motor Company to invest Rs 650 cr in FY20

Thursday, 02 May 2019
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TVS Motor Company will make an investment of Rs 650 crore in FY20 towards BS VI technology, new products and capacity expansion.

The company will ensure that dealers will not be burdened with inventory due to changing emission norms with effect from 1 April 2020. The company will also better the industry’s growth in FY20.

The company will pass on the cost impact, owing to BS VI emission norms, introduction of anti-lock braking system (ABS), among other technology developments, to customers.

The introduction of ABS across premium bikes (Apache) will carry an additional cost of around Rs 6,500.

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