Financial Daily from THE HINDU group of publications
Wednesday, Sep 14, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Corporate - Announcements
Marketing - New Products & Services


TVS Motor launches 2 motorcycle variants

Our Bureau

Kolkata , Sept. 13

TWO-Wheeler major TVS Motor Company Ltd is looking at a revenue growth of 15-20 per cent this fiscal. In 2004-05, the company notched revenues of Rs 2,900 crore.

Mr Prasad Narasimhan, Vice-President in-charge of Marketing of TVS Motors, was addressing a news conference held here on Tuesday to announce the launch of Victor Edge and StaR City motorcycle variants.

He said the company's motorcycle sales are growing at around 20 per cent per month against the industry average of between 15 and 20 per cent. With the launch of StaR City,

TVS Motor is hopeful of growing much faster in the economy segment for motorcycles. Victor Edge has been designed for the executive segment and its variants will be available in the Rs 40,900-43,000 range.

StaR City, priced at Rs 33,900, has been positioned for the economy segment. The company hopes to sell around 30,000 units of Victor Edge and 50,000 units of StaR City every month.

Mr Narasimhan said that in addition to the two motorcycle variants already launched, the company would introduce one more motorcycle variant under the Fierro brand in the months ahead.

The focus at present, however, would be on consolidation of the existing brands before launching new ones, said Mr Narasimhan.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Banknet India Tata Safari Dicor

Stories in this Section
Kothari Sugars settles dues to lenders


TVS Motor launches 2 motorcycle variants
Asianet to set up digital head end in Kochi
Finolex to foray into electrical switches
Lupin drug gets US nod
PSL raises $40 m through FCCB issue
Indus Networks plans $7-m GDR issue
Nod for Suven's global offering
Deccan Chronicle FCCB offering
Goldman ups holding in Suven
Flextronics to set up Rs 450-cr facility in TN
Suryajyoti Spinning's plans
Ranbaxy enters Italy thru' 100 pc arm
NBCC signs pact with ONGC
Titan Energy enters joint venture to make lead-free solar battery
Chennai desalination project: Pact with IVRCL signed
FACT revival package to be discussed on Sept 19
ONGC sees prospects in crisis management
BHEL Tiruchi may get Rs 475 cr for expansion
T.R Prasad joins Suven Life board


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line