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TVS Motor to invest Rs 1,000 cr in Madhya Pradesh

Thursday, 12 Jan 2023
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TVS Motor Company has expressed its intention to invest in Madhya Pradesh for its potential future two-wheeler and three-wheeler expansion in electric and internal combustion engine (ICE) vehicles.

Over a period of time, this could entail an investment of over Rs.1,000 crore and generating direct and indirect employment in Madhya Pradesh of over 2,000 jobs.

The announcement was made at the Global Investors Summit 2023 held at Indore in the presence of the Shri Shivraj Singh Chouhan - Honourable Chief Minister of Madhya Pradesh.

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