TVS Motor expands presence in UAE; Inks distribution accord with Public Motors
TVS Motor expands presence in UAE; Inks distribution accord with Public Motors
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India’s leading two-wheeler manufacturer, TVS Motor Company informed the Stocked exchanges that it has signed a new distribution partnership with Public Motors, a part of the reputed Ghaf Investments in the United Arab Emirates (UAE).  

As a part of the association, a 2,000-Sqft marquee showroom was inaugurated along Sheikh Zayed Road in Dubai. The showroom will provide spare parts and feature a service facility apart from hosting a wide range of two-wheelers. Through this partnership, the company aims to introduce product offerings that will cater to the personal commuting and delivery segments in the UAE.  

Speaking on the occasion, R Dilip, Executive Vice President - International Business, TVS Motor Company, said that the association is a strategic step towards expanding the company’s market presence, driving innovation through best-in-class products, and setting a customer experience benchmark.   

On Tuesday Mid-noon session, the stock of TVS Motor Company is trading at Rs 639.70 per share, up by 1.43 percent from the previous closing on the National Stock Exchange. The stocks One-year high is recorded at Rs 659.90 while its One-year low is Rs 240.10 on the NSE.  

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