Thursday, May 9, 2024

Bikes will retake pre-covid peak in two years: TVS

Two-wheeler sales in India are expected to surpass pre-Covid peak this fiscal year or next, according to Sudarshan Venu, managing director at TVS Motor Company. The Indian economy is in a "good situation" with inflation under control, which will drive consumption going forward. TVS Motor is planning to launch multiple products to grow faster than the market, including a slew of electric vehicles (EVs) at varied price points to cater to diverse customers.

from Auto-Industry-Economic Times https://ift.tt/XoPtD5O

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

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