TVS Motor to launch new models

TVS Motor Company Ltd is planning to introduce new models in the market during the next four months, a company official said in Kolkata.

R P Arvind, area manager of TVS, told reporters that the company had been able to capture a market share of 20 per cent in the East, while it was 28 per cent in the North-east market.

He said the company had been able to register a growth rate of 2 per cent during the last year.

TVS, which had a plant in Chennai, is planning to set up another facility in South East Asia.

The company on Tuesday launched Fiero FX, a variant of Fiero in the premium segment.