TVS Motor Company announced on Tuesday its plan to invest ₹2,000 crore in Karnataka over the next five years to enhance its operations in the state. This development was highlighted during the Global Investors Meet (GIM) 2025 held in Bengaluru, where the company signed a Memorandum of Understanding (MoU) with the Karnataka government.
The investment will be utilized to establish a global capability center, enhance production and engineering capabilities in Mysuru, build a test track, and develop new office infrastructure, as stated in a press release.
Sudarshan Venu, Managing Director of TVS Motor Company, expressed the company’s vision for the new capability center, which aims to attract top talent and innovative ideas. This center will focus on research and development to advance the next generation of motorcycles. The new office and supporting infrastructure will facilitate collaboration among engineers, designers, and experts in artificial intelligence (AI) and machine learning (ML) to shape the future of mobility.
TVS Motor Company is recognized as the world’s fourth-largest manufacturer of two-wheelers, serving 58 million customers globally. The company currently operates an advanced facility in Mysuru, which employs over 3,500 individuals and has an annual production capacity of 1.5 million vehicles, generating total revenues of ₹7,600 crore—of which ₹1,200 crore comes from exports. With this new investment, TVS Motor aims to double both its export volumes and overall revenue from the Mysuru operations.
In addition to the Mysuru plant, TVS Motor operates two other manufacturing facilities in India: one spans 300 acres in Hosur, near Bengaluru, and the other is situated in Nalagarh, Himachal Pradesh.
