Singapore: TVS Motor Company has announced the next phase of its expansion in Brazil, outlining plans to increase local production capacity and widen its sales and after-sales network in the country.
As part of the expansion, the company has opened its first flagship store in São Paulo at Avenida dos Bandeirantes, 1747, Vila Olímpia. The move aims to strengthen its presence in Brazil, one of the world's largest motorcycle markets.
Production Capacity to Reach 1.3 Lakh Units
TVS Motor currently has an annual production capacity of approximately 1.1 lakh units in Brazil. The company plans to increase this to 1.3 lakh units by 2027 to support its growth plans.
It is also working with local partner Mottu to expand its retail and service network. The partnership provides access to around 500 points of sale and 168 service locations across the country.
TVS Motor plans to open three additional exclusive stores in 2027, with an initial focus on Brazil's Southeast and Central-West regions.
TVS Showcases Four Motorcycle Models
The company showcased four models for the Brazilian market: TVS NTORQ 125, TVS Raider 125, TVS Apache 160 and TVS Apache 200. The portfolio is designed to cater to different customer segments.
Peyman Kargar, President – International Business at TVS Motor Company, said Brazil is strategically important to the company's international growth plans. He added that investments in local production capacity, retail presence and after-sales services would support the development of a sustainable business in the country.
TVS Motor has been present in Latin America for more than 15 years and currently operates across 18 markets in the region. The latest expansion is expected to strengthen its distribution network and position in Brazil.
