German Gaint Joins TVS
Do you like to buy BMW sports bikes made in India? This is possible in a few years by the cooperation of TVS.
Online, April 14, 2013 (Newswire.com) - BMW, the worlds one of the largest cars and motor bikes selling company makes a tie up with the India's leading motorcycle company to manufacture a new version of motor bikes below 500 cubic capacity. The two most important auto companies in the worlds two wheeler market signed a long time agreement to build up a new range of motorbikes targeting the bike market all around the world. The Chennai based TVS company and German company BMW Motorrad are the two that signed the cooperative accord.
BMW made a fine move towards the immense Indian market to earn a good amount of turnover for it. Already many companies like Triumph, KTM, Harley-Davidson and Ducati have made a stand in the enormous fast moving market in India and created their identity. Almost all of these companies still have a gradual growth and made a history of accomplishment. Till this time TVS had not gone beyond 250 cc assortment in the manufacturing of the bikes. The agreement was signed on Last Monday of the second week of April. Chairman of the TVS motor company Venu Srinivasan told the press that they will sell the new make in their individual areas in India as well as in the world market.
He also added that BMW was astounded at the huge amount of production with both large and small commodities with superior expertise and engineering. The making will be in the plants located in Hosur or Mysore. The new model will be on the road around 2015. The brand name will be according to the two companies own distribution networks. The investment will be around twenty million Euros by TVS. BMW had already known for its GS, S and K series super sports bikes.
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