
« India: A new Business Daily coming to the readers | Main | Bird flu and human tragedy in South Asia »
|
Apr18
|
![]() TVS Motor Company (TVS M) is India's third largest motorcycle maker. The company has announced its financial results for the last fiscal year (ended on March 31, 2006). The company has informed the media that it expects 12%-15% increase in the sale of two wheelers in the current fiscal year (ending on 31 March 2007). Last year, the domestic sale and export both were higher than the previous year and the company sold 1.34 million two-wheeled vehicles including 806,708 motorcycles. The positive growth in the Indian economy is the main reason behind the company's growing sale. In India, motor cycle is considered to be a very important vehicle to working people because of its low consumption of fuel. In many cities, it is very easy to buy a motor cycle through easy and long term installments.
Inspired by the success, TVS Motor Company is going to invest $55 million in a plant in Indonesia. The plant will become operation after a few months and it will have a production capacity of 250,000 motor cycles a year.
Related Articles
|
TrackBack URL for this entry:
« India: A new Business Daily coming to the readers | Main | Bird flu and human tragedy in South Asia »
Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!
BIZZlogos - Add your logo - free link to your site| View Network Map Network Feed List (OPML) Know More Media Network Feed |
SouthAsiaBiz is a member of the Know More Media network of business related blogs.
Here are some current headlines from some of our business publications:
ProductivityGoal | CallCenterScript |
AdHurl | TheBizofKnowledge |
LandingTheDeal | CustomersAreAlways |
HealthCareVox | BrainBasedBusiness |
TheInsurancePolicy | MarketingBlurb |
Comment Preview