TVS plans pan-India expansion
July 27, 2012
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TVS Automobile Solutions is aiming at pan-India expansion by the end of 2012. The brand already has set-ups in eastern and western markets. The company plans to have 100 company owned and 300 franchise workshops and these plans will be accomplished with a private equity funds of over Rs 78 crore.
For franchisees, TVS will target local dealers who have experience in automobile industry. Furthermore, they are taking up the joint venture route to set up company owned outlets and will add to the existing two joint ventures.
Headquartered in Chennai, TVS is a key player in South with 29 exclusive outlets and 50 franchise stores. In the eastern region, they have entered a JV with Rajgarhia Group and in Gujarat, with ABC Bearings. The company is in talks with a company in Delhi-NCR for expansion and JVs there as well.
Over five outlets in West Bengal and seven in Gujarat should be functional by the end of the year.
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Comments
Amit August 05, 2012 at 4:57 pm
I am a sales manager working with a reputed group dealing in durable goods and lifestyle products,wanted to establish my wife as an enterprenuer.She is having good experience in back end sales with IT products.\r\nWe both are actively participating in sales and marketing activities like Dealer distcributor management,Franchisee Handling,BTL activities etc.\r\nPL. suggest us a business where there is a low investment and High involvement to get the result at Noida/Delhi
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khalid August 04, 2012 at 7:13 pm
what is the procedure & criteria to get the frenchise in Jharkhand & bihar
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Avanish Rastogi August 03, 2012 at 10:39 am
Its good to hear that TVS is expanding in India.I wish to Join you as an franchisee partner or joint business partner in northern India.I belong to Lucknow but willing to move in suitable business location in Northern India. I am graduate and 24 years work experience in sales and marketing in FMCG \'s and Telecom like Pepsico and Etisalat.Want\'s to establish my own business in association with you.Good financial capacity required to invest in business.\r\nWilling to hear from you soon.
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Deepak Bansal August 02, 2012 at 11:52 am
joint venture is best policy for company & the person who dose not know about companys
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dilip patidar July 31, 2012 at 11:03 pm
i am from Dhar (M.P.),want to know about investment and project report for franchisee
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Sandesh Gupta July 31, 2012 at 3:36 pm
Interested in taking up the challenge to work with TVS motors.
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Avanish Rastogi August 10, 2012 at 12:05 pm
Sir,\r\nI am a sales and marketing professional with 24 years of experience in FMCG and telecom.Wants to associate myself in your expansion in franchise workshops or joint venture in company owned outlets. Good financial capability and full devotion in business.\r\nLooking forward for your respose.
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