TVS Mobility Pvt Ltd (TVS Mobility Group) has entered into a strategic partnership with PALFINGER to support PALFINGER’s expansion in India through integrated supply chain, dealership, aftermarket, rental and mobility solutions. The collaboration has been formalised through a memorandum of understanding (MoU) and aligns with PALFINGER’s Strategy 2030+ and plans to scale manufacturing and market presence in the country.
As part of the first phase of expansion, PALFINGER will invest INR 3.5 billion to establish a manufacturing facility in Pune, targeted for completion by calendar year 2027. The facility is expected to serve domestic and global markets and strengthen PALFINGER’s operational footprint in India. TVS Mobility Group will support the expansion by enabling supply chain preparedness, facilitating market access and delivering lifecycle support through its integrated ecosystem.
PALFINGER’s Strategy 2030+ focuses on enhancing customer value, achieving balanced profitable growth and driving execution excellence. In line with these priorities, the partnership will aim to accelerate operational readiness, enable faster market entry and build scalable support systems to sustain long-term growth.
The collaboration integrates capabilities across TVS Mobility Group’s business verticals. TVS Supply Chain Solutions will anchor logistics and supply chain operations, including inbound movement from Austria, free trade warehousing zone operations and integrated warehousing. TVS Smart Mobility will provide market reach through a dealership network of more than 150 touchpoints across India and facilitate vehicle-on-demand and mobility solutions. TVS Automobile Solutions will manage aftermarket services through its nationwide parts distribution and service infrastructure.
The partnership also includes plans to jointly explore opportunities in the defence sector, combining PALFINGER’s specialised lifting and equipment technologies with TVS Mobility Group’s supply chain and operational capabilities.
“This partnership builds on our existing relationship with PALFINGER and reinforces our role as an integrated mobility solutions provider supporting global equipment companies in India. By leveraging the combined strengths of TVS Supply Chain Solutions, TVS Automobile Solutions and TVS Smart Mobility, we aim to enable faster go-to-market, operational efficiency and scalable lifecycle support to support PALFINGER’s growth in India,” said R Dinesh, Director, TVS Mobility Group.
“TVS Mobility brings strong operational presence, infrastructure, and execution capabilities. This makes them a strong partner for us all over India. By combining strengths, we are expanding our footprint, improving parts availability and service responsiveness, and building a scalable platform for sustainable growth. This collaboration is a key building block to bring our APAC growth strategy to life as part of Strategy 2030+,” said Andreas Klauser, CEO, PALFINGER AG.
TVS Mobility Pvt Ltd operates across supply chain management, dealership networks and aftermarket services, providing integrated mobility solutions to equipment manufacturers in India.
