TVS Motor, BMW Motorrad in talks to expand manufacturing network beyond India
The Hindu
TVS Motor Co. (TVSM) celebrates 10 years of strategic partnership with BMW Motorrad. Discussions underway to expand manufacturing network beyond India. Recently unveiled BMW CE 02 part of future growth. Aim to develop platforms for global urban centric markets & next gen consumers. Collaboration resulted in 4 products on 310cc platform, accepted by 1.4 lakh customers. Hosur plant produces 10% of BMW Motorrad's global volumes. Models available in over 100 countries.
TVS Motor Co. (TVSM), which has completed 10 years of strategic partnership with BMW Motorrad, is in discussions with the German auto giant to expand its manufacturing network beyond India, said a top official.
“We are delighted to celebrate this historic milestone... We are also in discussions to expand our manufacturing network beyond India to cater to our future growth under this partnership, which includes the recently unveiled BMW CE 02,” said TVSM Director & CEO K.N. Radhakrishnan, without elaborating.
“We look forward to working closely on developing platforms targeted towards the global urban centric markets and the “uber-cool” next generation of consumers,” he said.
On Wednesday, both the companies announced that they had completed 10 years of a ‘long’ and ‘strategic’ partnership to manufacture sub-500cc motorcycles for global markets, the leading two- and three-wheeler said in a statement.
The collaboration resulted in the development of four products on the 310cc platform and it was well accepted by over 1,40,000 customers.
TVS Motor’s Hosur manufacturing plant produces about 10% of BMW Motorrad’s volumes globally. The models are now available in over 100 countries.
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