Sudarshan Venu, Chairman of TVS Motor, called for stronger business partnerships between India and Africa at the 20th CII India Africa Business Conclave. He said such collaborations should move beyond transactional engagements and focus on long-term growth.
Venu emphasised potential synergies in areas such as artificial intelligence, healthcare, and fintech, alongside Africa’s expanding customer base and infrastructure needs. “The focus should be on leveraging these synergies by not just serving consumers, but by driving deeper social and economic engagement,” he said.
The conclave, themed “Synergies toward Co-Creating a Shared Future,” brought together leaders from industry, government, and institutions to explore opportunities for cooperation between India and Africa. TVS Motor has been powering mobility in Africa for more than 20 years now, and we remain committed to investing in and harnessing the immense potential of the continent,” said Venu.
TVS Motor recently reported its highest-ever quarterly sales of 1.28 million units for the quarter ended June 30, a 17 percent increase compared with the same period last year. Net profit rose 35 percent to INR 7.79 billion, while revenue grew 20 percent to INR 100.81 billion. Exports reached 352,000 units in the first quarter, marking the company’s strongest performance in overseas markets to date.
“In Africa, the demand is becoming stable, and there are countries which are doing very well. We are very positive that this growth will continue to sustain, and there is a good opportunity for TVS to gain further,” said K.N. Radhakrishnan, CEO, TVS Motor.
Founded in 1979, TVS Motor is an Indian two and three-wheeler manufacturer. The company operates in over 80 countries and has a product portfolio covering motorcycles, scooters, mopeds, and three-wheelers.
