TVS Motor Company, a reputable manufacturer of two-wheelers and three-wheelers, today announced the launch of 100,000 units of the BMW Motorrad 310cc motorcycle series. The motorcycle was deployed from TVS Motor’s Hosur plant by KN Radhakrishnan, director and CEO of TVS Motor Company and Rainer Baumel, product manager, 1, 2 cylinder and urban mobility, BMW Motorrad.
In 2013, TVS Motor Company and BMW Motorrad signed a cooperation agreement to develop and produce motorcycles under 500cc for the global market. This strategic partnership introduced three products on the 310cc platform, namely BMW G 310 R, BMW 310 GS and TVS Apache RR 310 from TVS Motor Company. All three products are manufactured in the Hosur factory of TVS Motor Company.
Commenting on this important milestone, KN Radhakrishnan, Director and CEO of TVS Motor Company, said: “We are delighted to take a historic milestone in our journey with BMW Motorrad today. This achievement is a strong testimony to the success of our eight-year partnership. , which created a common learning platform for the two companies. Our partnership has been truly exceptional in creating ambitious products designed for the global market. We are proud to be a part of this journey and look forward to continuing the partnership with BMW Motorrad. “
Markus Schramm, Director of BMW Motorrad, said: “Our strong synergies with TVS Motor Company have led to the development of impressive offerings in the sub-500cc segment. Since their launch, the BMW G 310 R and BMW G 310 GS single-cylinder models continue to enjoy unparalleled popularity. With the launch of the 100,000 units of the BMW Motorrad 310cc series, these two agile all-rounders are an integral part of the BMW Motorrad success story. We look forward to the future of our cooperation with TVS Motor Company. “
TVS Motor Company’s Hosur manufacturing plant produces around 10 percent of BMW Motorrad’s volumes worldwide. BMW Motorrad – BMW G 310 R and BMW 310 GS models are now available in 120 countries.
Shares of TVS Motor Company Limited were last trading in BSE at Rs. 576.95 from the previous close of Rs. 573.65. The total number of shares traded during the day was 106,364 in more than 3,250 trades.
The action hit an intraday high of Rs. 586.25 and an intraday low of 574.00. The net turnover during the day was Rs. 61610859.00.