TVS Motor Company To Invest INR 2,000 Crore In Karnataka With New Global Capability Centre

Abhijeet Singh
12 Feb 2025
10:43 AM
1 Min Read

Expansion in Mysuru aims to boost exports and strengthen innovation.


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TVS Motor Company (TVSM) has announced plans to establish a global capability centre in Karnataka and expand its production and engineering operations in Mysuru. This initiative, unveiled at the Global Investors Meet (GIM), Invest Karnataka 2025, also includes building a test track and setting up new office infrastructure in the state. TVSM signed a Memorandum of Understanding with the Government of Karnataka, committing INR 2,000 crore in investments over the next five years.

Sudarshan Venu, Managing Director, TVS Motor Company, emphasised that the centre would attract top talent and foster innovation, focusing on advanced research to develop next-generation motorcycles. The new office and infrastructure will bring together engineers, designers, and AI and ML experts to shape the future of mobility. Venu praised Karnataka as a hub for great ideas and expressed excitement about expanding the company’s presence in the state.

The Mysuru facility, which employs over 3,500 people and produces 1.5 million vehicles annually, plays a key role in fulfilling domestic demand and exports. Export revenues from the Mysuru factory alone amount to INR 1,200 crore, out of a total revenue of INR 7,600 crore. With the expansion plans, TVSM aims to double its export revenues and significantly increase overall output from the Mysuru plant.

In addition to the Mysuru facility, TVSM operates two other factories in India. The company’s Hosur plant near Bengaluru spans 300 acres, while the Nalagarh facility in Himachal Pradesh caters to northern markets. The expansion in Mysuru is expected to strengthen the company’s global presence, particularly in the export market, while contributing to Karnataka’s industrial growth.

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