TVS rolls out 7 vehicles, forays into 3-wheelers


TVS Motor Company, the country's third largest two-wheeler maker, today created a launch record of sorts in the Indian automobile market by rolling out seven new vehicles, including a three-wheeler and an electric scooter.

The products will be launched in a phased manner between October and November this year and the prices will be announced at the time of the launch, the company chairman and managing director Venu Srinivasan said.

The company made its first foray in the three-wheeler market with the launch of a 200cc, two-stroke three-wheeler in three versions � petrol, LPG and CNG (factory fitted). The company will manufacture these vehicles at its greenfield facility at Hosur, which has a capacity of 100,000 units per annum.

H S Goindi, sr vice president (three-wheeler), TVS Motor Company said, "The three-wheeler market has grown faster than commercial vehicles, and two-wheelers in the last five years at a rate of 18% CAGR. We feel that as the economy develops, the public transport system will not be able to cope up with the demand. A large section of the public will turn to autorickshaws for their transport. So, there is a big growth potential for us."

Indian three-wheeler output in 2006-07 was 5.56 lakh units, of which, the market leader was Bajaj Auto, accounting for 57% share. But during April-July (2007-08), Piaggio caught up with a market share of 41%, against 42% of Bajaj Auto. Bajaj Auto's products are priced in the range of Rs 56,000 to Rs 75,000 (ex-factory). TVS is likely to price them a bit lower.

Goindi said TVS aims to capture at least 30% of the three-wheeler market in the next three years.

He said the company will also come out with a cargo version of the three-wheeler in petrol, LPG and CNG platforms. The CNG and LPG market is rapidly expanding as more state governments are encouraging cleaner fuels. The company also intends to launch their autos in the 4-stroke engine category in the next 6 months in all the three variants, Goindi added.

The company also aims to export the three-wheelers and is looking at an opportunity to assemble them its Indonesia plant in about a year's time, Goindi said.

The cargo version of the three-wheeler would be in the diesel category at a payload capacity of one-tonne. The vehicle is fitted with a higher capacity engine with the peak torque at lower rpm to take care of gradability without frequent gearshifts.

11 comments:

Anonymous said...

Hey there! Quіck quеstion that's completely off topic. Do you know how to make your site mobile friendly? My site looks weird when browsing from my iphone4. I'm tгying tо finԁ a tеmрlate or plugin thаt might
bе ablе to fix thіs problem.
If you havе any suggestiοns, ρlease share.
Ϲhеerѕ!

my hοmеpage ... Electronic Cigarette Starter Kit

Anonymous said...

Currently it seems like Expression Engine is the best blogging platform available right now.
(from what I've read) Is that what you're using on your blog?


My blog post - dark spot corrector reviews

Anonymous said...

First off I want to say excellent blog! I had a quick question in which I'd like to ask if you don't mind.

I was curious to find out how you center yourself and clear your head prior to
writing. I've had a difficult time clearing my mind in getting my ideas out there. I truly do enjoy writing but it just seems like the first 10 to 15 minutes tend to be wasted just trying to figure out how to begin. Any recommendations or tips? Thanks!

Feel free to surf to my blog; huggies coupons

Anonymous said...

With hаvin so much wгitten content do уou ever run intο аny
problems of рlagoгism or сoρуrіght infringemеnt?
My website has a lot of comрletely unique сontent ӏ've either written myself or outsourced but it appears a lot of it is popping it up all over the web without my agreement. Do you know any ways to help protect against content from being ripped off? I'd гeally appreciate it.


Fеel free to νisit my site; top rated running shoes

Anonymous said...

Today, I went to the beach front with my children. I
found a sea shell and gave it to my 4 year old daughter
and said "You can hear the ocean if you put this to your ear." She put the shell to her ear and screamed.
There was a hermit crab inside and it pinched her
ear. She never wants to go back! LoL I know this is totally off topic but I had to tell someone!



Feel free to visit my weblog http://Dodgecumminsforsale.org/

Anonymous said...

Wonderful blog! I found it while browsing on Yahoo
News. Do you have any tips on how to get listed in Yahoo
News? I've been trying for a while but I never seem to get there! Appreciate it

Feel free to surf to my webpage :: vera wang lavender label shoes

Anonymous said...

Hmm is anyone else experiencing problems with the pictures on this blog loading?

I'm trying to determine if its a problem on my end or if it's the blog.
Any feedback would be greatly appreciated.


my webpage ... Addiction Clinic
My web page - Methadone Clinics

Anonymous said...

I don't know whether it's just me or if everyone else encountering problems with your site.
It appears as if some of the written text on your
content are running off the screen. Can somebody else please provide feedback and let me
know if this is happening to them as well? This may be a
issue with my web browser because I've had this happen previously. Cheers

Here is my web page; Green Tea Diet

Anonymous said...

I'm truly enjoying the design and layout of your site. It's a very easy on the eyes which makes it much more enjoyable for me
to come here and visit more often. Did you hire out a developer to create your theme?

Excellent work!

Also visit my blog post: women cargo pants

Anonymous said...

Greetings! This is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in
the same niche. Your blog provided us beneficial information to work on.
You have done a wonderful job!

Stop by my weblog - catering menus

Anonymous said...

I’m not that much of a internet reader to be honest but your blogs really
nice, keep it up! I'll go ahead and bookmark your website to come back in the future. Many thanks

Also visit my web site; Methadone Doctors

 

© New Blogger Templates | Webtalks