TVS Motor makes historic entry into Venezuela, aims to transform riding experience

TVS Motor Company has marked a significant milestone by becoming the first Indian automobile manufacturer to enter the Venezuelan market. The company is set to offer a diverse range of 14 products to cater to the enthusiastic riders in Venezuela in partnership with SERVISUMINISTROS JPG, its local distributor.

 

With a strong emphasis on innovation and cutting-edge technology, TVS seeks to expand its presence in the region, aiming to deliver high-quality mobility solutions. TVS Motor, among the world's top five automobile manufacturers, operates in over 80 countries across various continents.

 

Mr. Rahul Nayak, Vice President – International Business at TVS Motor Company, stated, "We are excited to introduce TVS Motor's diverse lineup of motorcycles, scooters, and three-wheelers in Venezuela, making us the first Indian manufacturer to enter the market. Our presence in this dynamic market marks a significant achievement for our global expansion strategy and is a historic step towards our global ambitions."

 

This strategic entry into Venezuela is expected to enrich the country's automotive landscape and provide an exciting experience for motorcycle enthusiasts, strengthening the fusion of Indian engineering excellence with the rich cultural tapestry of Venezuela. Venezuelan riders can expect motorcycles renowned for superior fuel efficiency, reliability, and exceptional performance.

Top stories
Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read . 02 Aug 2024 . 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read . 02 Aug 2024 . 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read . 02 Aug 2024 . 12:36 PM

Related Blogs
blog-logo

Share Market

blog-logo

10 mins read . 09 Dec 2024

What is the Bombay Stock Exchange?

  • 0 people read
blog-logo

Share Market

blog-logo

13 mins read . 09 Dec 2024

Stocks Under 5 Rupees in India

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions