Hyderabad, June 26 -- Eurogrip Tyres, the two- and three-wheeler tyre brand of TVS Srichakra Ltd., on Thursday announced the opening of five new exclusive retail stores in Hyderabad as part of its expansion strategy to strengthen its retail presence across India.
Of the five outlets, three have been launched under a franchise model in collaboration with the company's business partner and Hindustan Petroleum Corporation Limited (HPCL).
The new stores were inaugurated in the presence of Eurogrip Design Head (Milan) Silvio Montanari.
Speaking on the occasion, TVS Srichakra Ltd Chief Operating Officer T.K. Ravi said Hyderabad is a key market for the company owing to its rapidly growing two-wheeler population.
He said the new stores would en...