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TVS and BMW may start a Joint Venture

Current financial year might be technically beneficial in terms of joint venture between TVS and BMW. TVS will get entry in the series of high-end bikes and company has launched its new bike Phoenix drum break worth Rs.49, 990.

Indian two-wheeler Manufacturer Company TVS many join German automobile maker BMW. This venture will start for two-wheeler vehicles. The marketing president of TVS H.S.Goindy said that the discussion is going on regarding the matter and the decision will be made till the end of this financial year.

He has denied about saying on the type of partnership and it may happen that this partnership will be fruitful in term of technical issues. Company will show its strong presence in the market with TVS high-end bikes.

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12th, Dec 2012 4:39 PM
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