TVS Motor Company is likely to up their production in their Bengal unit in the next few years. TVS Motors, which is the third largest two wheeler manufacturing company in India, had a plan of manufacturing about 20,000 units in their Uluberia factory in Howrah. The production would be stepped up in the days to come.
The information was given by Mr. Venu Srinivasan, who is the Chairman and Managing Director, TVS Motors. The plant at Uluberia will cater to the eastern India. The company is targeting a production of 20,000 vehicles to start off and is hopeful of increasing the volume as the market demand grows.
The company has a target of reaching a production of two lakh units in the next five years. That is ten times the growth of what TVS has set a target of currently. TVS Motor Company was to take up again the production operations their franchise Mahabharat Motors, located in Uluberia. Mr. Prasun Mukherjee of the Universal Success Enterprises owns the Mahabharat Motors.
TVS Motors is in West Bengal with a purpose in mind and not only setting up a small plant. The Chairman and MD of the company has expressed his confidence that as the market grows, there will be a need to set up plants at various other parts of the country as well. Mr. Venu Srinivasan was speaking during the closing ceremony of the Bengal Leads 2012.
TVS Motors currently have manufacturing units in three parts of the country – one is in north India, while the other two are located in south India. Plans are high on the minds to have units in the eastern and western parts of the country as well.
The production in the state of West Bengal will soon start for TVS after the Calcutta High Court gives the permission for demerger from the Mahabharat Motors. The State Government has already given the clearance for two the companies.