TVS Motor company has planned further expansion in its East India operations by de-merging its two wheeler business with Mahabharat Motors Manufacturing Company in West Bengal.
The Commerce and Industry Minister of West Bengal, Partha Chaterjee, has on Saturday, handed over the permission for the demerger.
TVS Motor Company, which had entered into a Memorandum of Understanding with Mahabharat Motors in West Bengal, will now take a larger role in the demerged company to facilitate stronger presence in the eastern region of the Indian market.
As per the MoU signed in 2008, TVS Motor Company was to provide technical support for the manufacturing facility along with personnel training.
TVS Motor reported that it plans to retain the existing staff and workers of Mahabharat Motors and use the facility as a hub to service West Bengal and North East markets.
It expects to initially manufacture around 1000 motorcycles per month
TVS Motor Company currently has three manufacturing facilities in Tamilnadu, Karnataka and Himachal Pradesh for two and three wheeler production.


Source : TVS Motor to expand operations in Eastern India - NDTV Profit