TVS sees sluggish sales growth as the Middle East conflict impacts
India, May 14 -- TVS Motor Company is expecting a sluggish growth pace in FY27. The homegrown two-wheeler giant has attributed the slow growth trajectory to the rising shipping costs and commodity prices due to the Middle East conflict. TVS has also stated that it would raise prices of its two-wheelers in order to offset the rising input costs. TVS has already increased the prices of its multiple two-wheelers earlier this year, citing growing input costs as a reason. Now, the motorcycles and scooters of the company are expected to see another price hike.
The third largest two-wheeler manufacturer in India, TVS Motor Company, is expecting to register a single-digit growth in this financial year, owing to the ongoing crisis. The automaker ...
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