TVS sales have been falling steadily YoY due to the lack of new models by the company. To arrest this fall in sales, Venu Srinivasan, Chairman and Managing Director of TVS Motor, has decided to increase investment in FY14 by Rs 50 crore.
Venu Srinivasan -
K N Radhakrishnan, President and CEO -
TVS also hopes that with its new launches its Indonesian division will also break even.
Source: TVS to launch 5 models by December 2014 | Business Standard




Comment