TVS Motor enters Venezuelan market

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TVS Motor Company on Friday revealed its entry into the Venezuelan market, with intentions to introduce 14 products, encompassing both two-wheelers and three-wheelers.

TVS Motor Company disclosed that it will introduce these products in collaboration with its local distributor, SERVISUMINISTROS JPG, as stated in a regulatory filing.

The lineup of products comprises high-end motorcycles from the company, including models such as RR 310, Apache RTR 200 FI, Apache RTR 160, and Apache RTR 200. Additionally, it features commuter motorcycles like TRAK 150, Sport 100, and HLX, among others.

Furthermore, they will also launch the sporty scooter NTORQ 125 and three-wheeled options in the form of KING GS and KING CARGO.

“Our presence in this dynamic market marks a significant achievement for our global expansion strategy and is a historic step towards our global ambitions,” TVS Motor Company Vice President – International Business Rahul Nayak said.

SERVISUMINISTROS JPG CEO Nino Conersa Giancarlo Olivieri said, “We believe that the fusion of Indian engineering excellence with the rich cultural landscape of Venezuela will result in a thrilling experience for all motorcycle enthusiasts.” TVS has a presence in over 80 countries across Africa, Southeast Asia, the Indian Subcontinent, Latin America and the Middle East.

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