KOLKATA: TVS Motor would ramp up its existing operations of manufacturing two-wheelers at Uluberia in Howrah over the next three years, a senior official of the company said.
"We are going to increase production of motorcycles at the Uluberia plant from 1600 units per year to 2.4 lakh units per year over a period of three years", TVS chairman Venu Srinivasan told reporters on the concluding day of Bengal Leads 2012 here today.
He said that total investment would around Rs 400 crore to be spent over three years.
Earlier, TVS had entered into a JV with Mahabharat Motors of Universal Success to manufacture two-wheelers on 44 acres of land.
Srinivasan said that on the remaining 56 acres, the JV would set up an auto ancillary unit.
Talks with vendors were on, he said.
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