Monday, December 13, 2010

TVS Motors plans to hike Hosur plant capacity

TVS Motors plans to hike Hosur plant capacity

CHENNAI: The country’s second largest two-wheeler manufacturer TVS Motor Company plans to ramp up its manufacturing facility at Hosur in Tamil Nadu as part of meeting the “huge” demand for its scooterette Wego.

“Tamil Nadu is the largest market for us. We plan to launch Wego in Tamil Nadu market by January or February 2011,” the company President (Marketing and Sales), Mr H.S. Goindi,told PTI.

Currently, Wego is not available in Tamil Nadu and some eastern regions of the country.

He said the company would increase the capacity from 12,000 units to 20,000 units. “The capacity will be increased at the Hosur plant particularly for Wego...” he said, declining to elaborate on the proposed investments for increasing the capacity. — PTI

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