+
TVS Motor aims for 50% global revenue in 3 years
ECONOMY & POLICY

TVS Motor aims for 50% global revenue in 3 years

TVS Motor is setting its sights on a significant shift in its business model, with the aim of generating 50% of its revenue from international operations within the next three years. Known for its two- and three-wheelers, including Apache motorcycles and iQube e-scooters, the company is evolving into a global mobility firm. This transformation is part of TVS Motor's Vision 2030, which includes the launch of innovative products featuring segment-first features for both domestic and international markets. Sudarshan Venu, MD of TVS Motor, has stated that the company expects more than half of its revenues to come from markets outside India by 2025, with around 30% of the scooter industry transitioning to electric by that time.
As a part of its growth strategy, TVS Motor is introducing new models with cutting-edge features. For instance, the upcoming electric scooter named Creon is set to be launched in Dubai, equipped with advanced technologies like facial recognition for helmets and cornering anti-lock braking systems. This push for expansion is evidenced by TVS Motor's existing presence in 80 countries and its efforts to establish partnerships and investments in various segments, including electric mobility and mobility services.
TVS Motor's strategy involves more than customisation; it aims to engineer products from the ground up, engaging global talent to cater to mature markets like Europe. The company plans to invest Rs 300 billion over the next 3-4 years in EVs as part of its long-term vision.

TVS Motor is setting its sights on a significant shift in its business model, with the aim of generating 50% of its revenue from international operations within the next three years. Known for its two- and three-wheelers, including Apache motorcycles and iQube e-scooters, the company is evolving into a global mobility firm. This transformation is part of TVS Motor's Vision 2030, which includes the launch of innovative products featuring segment-first features for both domestic and international markets. Sudarshan Venu, MD of TVS Motor, has stated that the company expects more than half of its revenues to come from markets outside India by 2025, with around 30% of the scooter industry transitioning to electric by that time.As a part of its growth strategy, TVS Motor is introducing new models with cutting-edge features. For instance, the upcoming electric scooter named Creon is set to be launched in Dubai, equipped with advanced technologies like facial recognition for helmets and cornering anti-lock braking systems. This push for expansion is evidenced by TVS Motor's existing presence in 80 countries and its efforts to establish partnerships and investments in various segments, including electric mobility and mobility services.TVS Motor's strategy involves more than customisation; it aims to engineer products from the ground up, engaging global talent to cater to mature markets like Europe. The company plans to invest Rs 300 billion over the next 3-4 years in EVs as part of its long-term vision.

Next Story
Building Material

UltraTech’s Limestone Mine Gets India’s First-Ever 7-Star Rating

UltraTech Cement, India’s largest producer of cement and Ready-Mix Concrete (RMC), has received top honours for sustainable mining practices. Thirteen of the company’s limestone mines were awarded star ratings by the Indian Bureau of Mines (IBM), Ministry of Mines, for FY 2023–24 during a ceremony held in Jaipur, Rajasthan. Among these, the Naokari Limestone Mine—part of UltraTech’s Awarpur Cement Works in Chandrapur, Maharashtra—was awarded India’s first-ever 7-star rating for a limestone mine, in recognition of exceptional performance in ‘Green Mining’. The remain..

Next Story
Infrastructure Urban

Sieger Parking Enters Mumbai Market, Expands West India Presence

Sieger Parking, a Coimbatore-headquartered specialist in automated and multi-level car parking systems, has announced its entry into Western India with the launch of a regional office in Mumbai. This move marks a key milestone in the company’s pan-India growth strategy and its commitment to delivering technology-driven, space-efficient parking solutions across urban India. The Mumbai office will serve as the regional headquarters for Maharashtra and neighbouring states, supporting end-to-end operations with on-ground sales, project management, and service teams. The aim is to fast-track..

Next Story
Resources

IGBC Green Kochi Conclave 2025 Champions Culture and Climate Action

The Indian Green Building Council (IGBC), part of CII, hosted the Green Kochi Conclave 2025 on 4 July at Hotel Holiday Inn, Kochi, under the theme “Tharavadu to Tomorrow: Weaving Kerala’s Heritage into a Sustainable Built Environment.” The event brought together policymakers, architects, developers, and thought leaders to discuss Kerala’s progress in blending cultural heritage with sustainable design.  Kerala is emerging as a frontrunner in climate-resilient development, thanks to passive design strategies, rainwater harvesting, cool roof initiatives, and the widespread adopt..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?