TL;DR
TVS Motor Company aims for 20% export growth in FY25, expanding its global presence in markets like Africa and Southeast Asia with its diverse product portfolio.
TVS Motor Company, one of India's leading two and three-wheeler manufacturers, is forecasting a robust 20% growth in its export volumes for the current fiscal year (FY25). This ambitious target reflects the company's strategic focus on expanding its international footprint and capitalizing on growing demand in key overseas markets. TVS Motor has a significant presence in over 80 countries, with a strong emphasis on markets in Africa, Southeast Asia, Latin America, and the Middle East. The company's diverse product portfolio, including popular models like the Apache series and Jupiter scooter, along with its electric offerings, are well-received globally for their reliability and performance. To achieve its export goals, TVS is investing in strengthening its distribution networks, enhancing after-sales service, and tailoring products to meet specific regional requirements. This export-led growth strategy is crucial for diversifying revenue streams and reinforcing TVS Motor's position as a global mobility player.