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TVS Motor Company inks MOU with Mahabharat Motors, Kolkata Print E-mail
Written by Anand   
Thursday, 05 June 2008
TVS Motor Company Strengthens Presence in the East

Chennai: In order to strengthen the presence of TVS Motor Company (TVSM) in the east, TVSM, the third largest two wheeler manufacturing company in India, today announced that it has entered into a MOU with Mahabharat Motors Manufacturing Company Pvt. Limited, Kolkata. Mahabharat Motors will assemble the agreed products as contract manufacturer.

The products to be manufactured will be agreed in due course. TVS Motor Company will introduce their world-class quality control standards and assembly procedures.

TVS Motor Company has also agreed to provide technical support for the factory construction including master planning, factory layout etc. The proposed complex will have manufacturing and other support facilities and will be located in Uluberia (50 kms from Kolkata), Howrah District, West Bengal.

Sabyasachi Sen, Industry secretary, said that TVS will invest $100 million for the project. V. Srinivasan, managing director of TVS Motors, said that by entering into a Memorandum of understanding (MoU) with Mahabharat Motors Manufacturing company, TVS Motor company has strengthened its presence in the east. Prasun Mukherjee, of Mahabharat Motors Manufacturing company, said that the products will be branded as TVS Star.

TVS Motor Company currently has three world-class manufacturing facilities in India viz., Tamilnadu, Karnataka and Himachal Pradesh. The proposed contract manufacturing arrangement will lead to vastly improved service levels to the market besides reduction in logistics cost. This step reiterates TVSM’s belief in the growth potential of the eastern region of the country.

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