City
Epaper

TVS Motor shipped out 1L two-wheelers in March

By IANS | Updated: March 31, 2021 15:45 IST

Chennai, March 31 Two- and three-wheeler maker TVS Motor Company Ltd on Wednesday said its two-wheeler exports clocked ...

Open in App

Chennai, March 31 Two- and three-wheeler maker TVS Motor Company Ltd on Wednesday said its two-wheeler exports clocked 1,00,000 units in March 2021.

"It is a momentous occasion for TVS Motor as our international two-wheeler business achieved a sales milestone of 100,000 units in March," Sudarshan Venu, Joint Managing Director, TVS Motor Company was quoted a saying in a statement.

TVS Motor also said the UK based Norton Motorcycles is currently finalising the construction of its new factory and is expected to open by the mid of second quarter of 2021.

The Indian company through one of its overseas subsidiaries had acquired the British sporting motorcycle Norton Motorcycles for 16 million pounds (approx $20 mn) and some assets of Norton Motorcycles (UK) Ltd in April 2020.

"Norton is currently finalising the construction of its new factory in Solihull and is expected to open by the mid of Q2, 2021 and will mark the beginning of an exciting new chapter for the English marquee," TVS Motor said.

Norton Motorcycles, in January 2021, announced that the company would move into the most advanced manufacturing facility.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: chennaiukTvs Motor CompanyTvs motor company ltd
Open in App

Related Stories

International‘Not Our War’: Keir Starmer Rules Out UK Role in Iran Conflict, Plans Global Summit on Strait of Hormuz

InternationalUS-Israel-Iran War: Japan, Germany, France Show Caution Over Trump’s Strait of Hormuz Warship Plan

NationalChennai Sees Long Queues at Petrol Pumps Amid Fears of Fuel Shortage and Price Hikes

InternationalUK Watchdogs Urge Social Media Giants To Stop Children Accessing Platforms

NationalTamil Nadu: Bottle Bombs Hurled at Congress leader P. Chidambaram and MP Karti Chidambaram’s Office in Subramaniapuram

Business Realted Stories

BusinessMSEs, women-led enterprises help GeM clock Rs. 18.4 lakh cr cumulative GMV in FY25-26

BusinessKalpakkam nuclear reactor reflects India’s engineering enterprise: PM Modi​

BusinessBCAS, RRU to establish India’s indigenous aviation security equipment testing centre

BusinessBangladesh faces LDC graduation setback amid economic instability

BusinessMinistry of Mines notifies new rules to boost exploration of critical minerals