TVS Motor to Invest ₹2,000 Crore in Karnataka, Set Up Global Capability Centre

TVS Motor Company (TVSM), a global leader in two- and three-wheelers, has announced a ₹2,000 crore investment in Karnataka over the next five years. As part of this expansion, the company will establish a Global Capability Centre (GCC) in the state. Additionally, it will enhance production and engineering facilities in Mysuru, build a new test track, and develop office infrastructure.

At the Invest Karnataka 2025 Global Investors Meet, TVSM signed a memorandum of understanding (MoU) with the Karnataka government to support these initiatives.

Vision for Innovation

TVS Motor’s Managing Director, Sudarshan Venu, emphasised that the new capability centre will attract top talent and foster innovation. It will serve as a hub for engineers, designers, and experts in artificial intelligence (AI) and machine learning (ML) to develop the next generation of two-wheelers.

“As we move towards our 2030 goals, these initiatives will help create new and impactful solutions for personal and commercial mobility,” said Venu.

Mysuru Facility and Growth Plans

TVSM currently operates a state-of-the-art factory in Mysuru, employing over 3,500 people with an annual production capacity of 1.5 million vehicles. The factory caters to both domestic and international markets, contributing ₹1,200 crore in export revenue from a total of ₹7,600 crore. With the new investment, TVSM aims to double its exports and overall revenue from Mysuru.

Other Manufacturing Facilities

Apart from Mysuru, TVS Motor has two other manufacturing plants:

• Hosur, Karnataka – Spanning 300 acres on the outskirts of Bengaluru
• Nalagarh, Himachal Pradesh – Supporting production for northern markets

With these expansions, TVS Motor aims to strengthen its position as the world’s fourth-largest two-wheeler manufacturer, currently serving 58 million customers worldwide.

TVS Motor Company share price is currently trading at ₹2,479.70, down by ₹5.30 (0.21%) as of 1:35 PM on February 12. The stock opened at ₹2,500.00, reached a high of ₹2,502.50, and a low of ₹2,420.00. With a market capitalization of ₹1.18 lakh crore, the company has a P/E ratio of 59.67 and a dividend yield of 0.32%. The 52-week high stands at ₹2,958.00, while the 52-week low is ₹1,873.00.

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