TVS Automobile Solutions looks forward to have pan India presence
Subscribe to NewsletterPlease fill your name and email ID to get our daily auto news mailer.
TVS Automobile Solutions, which is a promoter of MyTVS brand, are aiming to have a pan India presence by the end of this year, as per a statement given by a senior official of the company. The company is currently present in the eastern and western markets and planning to rapidly boost their presence in the rest of the country.
TVS Automobile Solutions is based in Chennai and offer after- market integrated service solution. The company currently has a strong presence in the Southern region of the country with having 29 exclusive service points and 50 franchise outlets. The company is now looking forward to enhance their presence in Delhi NCR region.
Speaking to PTI, Mr. R Srivatchan, TVS Automobile Solutions President, said, "Our plan is to have 100 of our own workshops and 300 franchise workshops. That is the kind of expansion and for that we took finance from private equity capital of about Rs 78 crore." He added, "We have to start having a presence in other geographies. It will be like having our own workshops in big markets and smaller markets will have franchise outlets that are like hub and spoke model."
- Tata Nano expected to be introduced with power steering
- Hyundai and Maruti Suzuki to increase prices from 2014
- Honda to continue excellent performance in 2014
- Mercedes-Benz AMG cars gaining popularity in India
- Sales of Hyundai Grand i10 cross 33000 units in three months
- Next generation Honda City: A truly stylish sedan
- Mercedes-Benz set to hike prices in January 2014
- Tata Nano declared as Most Trusted Brand in India Study 2013
02 December 2013, 12:21 IST by CarTrade Editorial Team
As 2013 is coming to an end, many car makers would want to forget the dismal performance of this year in terms of sales and profit levels. In the passenger car segment, many companies failed to...
02 December 2013, 12:45 IST by CarTrade Editorial Team
In a shocking news that sent ripples across the American film fraternity, it was leant that Paul Walker has passed way in a car accident that occurred in Southern California. Reportedly, the actor...
05 December 2013, 12:22 IST by CarTrade Editorial Team
According to recent reports, Honda Cars India Limited (HCIL) will increase price of its entire line-up from January first week in 2014. This is mainly to counter the booming inflation and...
04 December 2013, 11:55 IST by CarTrade Editorial Team
As the 2014 Auto Expo is fast approaching, the Indian car market is abuzz with presumptions about models that will be on display at the upcoming motor show. Major car companies like Maruti Suzuki,...