TVS is confident to gain 8-10% profit in the next fiscal
TVS is confident to gain 8-10% profit in the next fiscal
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India's third largest two-wheeler manufacturer TVS is having the fully planned strategy to have a blast in the next fiscal year. The company is planning to invest a large amount of money for its upcoming products.

The company is planning to invest RS 350 crore for its capital expenditures, this investment will be used to launch two more vehicles till the next fiscal. As per the reports, the new vehicles will be of different - one would be the scooter and other would be a bike.

President and CEO at TVS Motors KN Radhakrishnan given the statement, "We were just about 15% market share in Q3 of current fiscal, But, the November-December-January period was pretty… slow. Otherwise, we would have gone beyond that number."

 

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