TVS Sets Up Global Design Hub in Italy, Buys Engines Engg
ECONOMY & POLICY

TVS Sets Up Global Design Hub in Italy, Buys Engines Engg

TVS Motor Company is establishing its Global Centre of Excellence (CoE) for Design and Engineering in Bologna, Italy, and as part of the initiative will acquire automotive design firm Engines Engineering S.p.A. for €5 million.
The CoE aligns with TVS Motor’s long-term vision of delivering premium, future-ready mobility solutions for global markets. It is expected to shorten product development cycles, improve design flexibility, and strengthen the company’s premium portfolio, including high-displacement motorcycles, advanced scooters and new electric mobility platforms. The move will also bolster Norton’s high-performance motorcycle pipeline, reinforcing its position as a modern luxury brand.
This marks the company’s first major acquisition since Sudarshan Venu took charge on 25 August. Venu, credited with transforming TVS into India’s largest two-wheeler EV player within five years of launching the TVS iQube, also spearheaded the 2020 acquisition of Norton Motorcycles. Norton is set to unveil several new models at EICMA 2025 in Milan.
TVS’s global expansion continues, with exports rising 22.8 per cent in FY25 to 1.09 million units, driven by strong sales in Africa and Latin America. Engines Engineering, renowned for prototyping, high-performance motorcycle innovation and MotoGP experience, will integrate with TVS’s global R&D to accelerate concept-to-product innovation and strengthen Norton’s capabilities.
Sudarshan Venu, Chairman of TVS Motor, said: “The new Italian Global Centre of Excellence is another milestone in reimagining mobility. By combining Engines Engineering’s creativity and racing expertise with our strengths, we will deliver premium, connected and electric vehicles that set new benchmarks. This CoE also enhances Norton’s craft of exceptional high-performance motorcycles, honouring its legacy while elevating its future ambitions.”
Key focus areas include digital simulation, rapid prototyping, modular platforms, AI-driven design tools, advanced materials and sustainability-focused integration, with an emphasis on attracting global talent.:

TVS Motor Company is establishing its Global Centre of Excellence (CoE) for Design and Engineering in Bologna, Italy, and as part of the initiative will acquire automotive design firm Engines Engineering S.p.A. for €5 million.The CoE aligns with TVS Motor’s long-term vision of delivering premium, future-ready mobility solutions for global markets. It is expected to shorten product development cycles, improve design flexibility, and strengthen the company’s premium portfolio, including high-displacement motorcycles, advanced scooters and new electric mobility platforms. The move will also bolster Norton’s high-performance motorcycle pipeline, reinforcing its position as a modern luxury brand.This marks the company’s first major acquisition since Sudarshan Venu took charge on 25 August. Venu, credited with transforming TVS into India’s largest two-wheeler EV player within five years of launching the TVS iQube, also spearheaded the 2020 acquisition of Norton Motorcycles. Norton is set to unveil several new models at EICMA 2025 in Milan.TVS’s global expansion continues, with exports rising 22.8 per cent in FY25 to 1.09 million units, driven by strong sales in Africa and Latin America. Engines Engineering, renowned for prototyping, high-performance motorcycle innovation and MotoGP experience, will integrate with TVS’s global R&D to accelerate concept-to-product innovation and strengthen Norton’s capabilities.Sudarshan Venu, Chairman of TVS Motor, said: “The new Italian Global Centre of Excellence is another milestone in reimagining mobility. By combining Engines Engineering’s creativity and racing expertise with our strengths, we will deliver premium, connected and electric vehicles that set new benchmarks. This CoE also enhances Norton’s craft of exceptional high-performance motorcycles, honouring its legacy while elevating its future ambitions.”Key focus areas include digital simulation, rapid prototyping, modular platforms, AI-driven design tools, advanced materials and sustainability-focused integration, with an emphasis on attracting global talent.:

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement