TVS plans ₹3,500 cr capex for growth amid challenges
after close1 source ↓written by the desknot a recommendation
- production capacity
- 1.5 million units
- in FY26
- 11% increase
TVS Motor Company announced a capex budget of ₹3,500 cr for FY27, focusing on expanding production capacity by 1.5 million units. Despite challenges from commodity inflation and logistics issues in West Asia, the company anticipates high single-digit growth in the two-wheeler sector following an 11% increase in FY26. The investment aims to bolster demand for scooters, premium bikes, and EVs.
Not investment advice. For informational purposes only.