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TVS Aug bike sales up 22%

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Press Trust of India Bangalore/New Delhi
Last Updated : Jan 25 2013 | 2:40 AM IST
 Total two-wheeler sales recorded a growth of 15% in August 2005 with 1,03,063 units sold as against 89,500 units sold during the same period last year.

 TVS Motor Company is planning to start commercial sales in Indonesia by October 2006.

"We are expecting trial production to start at our Indonesian plant by July-August next year, and products will hit the market by October," Venu Srinivasan, CMD TVS Motor Company, said.

The Indonesian plant would be the mother plant for the Asean region and would have an installed capacity of quarter million, he added.

The plant is being built with an investment of $50million. "We were not looking at partners for the production, but we might look at joint venture in marketing," Srinivasan said.

 

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First Published: Sep 01 2005 | 12:00 PM IST

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