TVS Motor to invest ₹2,000 cr in Karnataka for GCC and other expansions

TVS Motor Company on Tuesday said it will make an investment of ₹2,000 crore in Karnataka over the next five years, strengthening its presence in the State with new infrastructure and expanded capabilities. The announcement came as the leading two and three-wheeler maker signed a Memorandum of Understanding (MoU) with the Karnataka government at the Global Investors Meet (GIM) 2025 in Bengaluru.

Capability centre

The investment will be directed towards establishing a global capability centre, expanding production and engineering capabilities in Mysuru, constructing a test track, and setting up new office infrastructure, according to a statement.

“We envision a capability centre that will attract top talent and great ideas, with research capabilities that will drive the next generation of bikes. The office and allied infrastructure will bring together engineers, designers, AI (artificial intelligence) and ML (machine learning) experts to define the future of mobility,” Sudarshan Venu, Managing Director, TVS Motor , said.

TVS Motor, the world’s fourth-largest two-wheeler company with 58 million customers globally, currently operates a state-of-the-art facility in Mysuru. The plant, which employs over 3,500 people, has an annual production capacity of 1.5 million vehicles. It generates total revenues of ₹7,600 crore, with exports alone contributing ₹1,200 crore. With the new investment, TVS Motor aims to double both export and overall revenues from the Mysuru operations.

In addition to the Mysuru plant, TVSM operates two other factories in India—one spread over 300 acres in Hosur, near Bengaluru, and another in Nalagarh, Himachal Pradesh.