TVS Srichakra Limited will invest Rs. 49.20 Crore in its Madurai and Uttarakhand facilities to expand tyre production capacity by approximately 6-7% for growing demand.
TVS Srichakra Limited inaugurated two new exclusive Eurogrip Tyres retail outlets in Aligarh, Uttar Pradesh and Bhowali, Uttarakhand. These openings expand the company's branded retail network in North India.
TVS Srichakra Limited announced the opening of three new exclusive retail stores in Gujarat and Uttar Pradesh. This expansion increases the company's total branded retail network to 19 stores.
TVS Srichakra approved a ₹220 Crore capital investment for capacity expansion at its Madurai manufacturing units. The project targets growing demand for two-wheeler and off-highway tyres.