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23 April, 2024 20:03 IST
TVS Motor Co bets big on Philippines with new product launches
Source: IRIS | 16 Aug, 2018, 09.54AM
Rating: NAN / 5 stars.
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TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer in India, launched two new products for the Philippines market - TVS Dazz and TVS King. Developed to meet Euro 3 standards, TVS Dazz is an exciting 110cc scooter while TVS King is a 200cc three-wheeler offering designed to be the perfect passenger carrier.

TVS Motor Company ranks amongst the top ten two-wheeler companies in the world. It is one of the leading two-wheeler and three-wheeler exporter in India, distributing to over 60 countries.

KN Radhakrishnan, President & CEO, TVS Motor Company, said, ''TVS Motor Company is synonymous with quality and class-leading technology across the 60 countries we operate in and our approach in Philippines is aligned to the same ethos. We have been present in the country since 2016 and the market has responded positively to our diverse offerings ranging across Underbones, Backbone Solo and Business Backbone. The launch of TVS King and TVS Dazz has opened two new segments for us and we are confident that both products will be well-received by the rapidly growing market.''

R Dilip, Senior Vice President, International Business, TVS Motor Company said, ''We are delighted to launch two new products in the Philippines market today as both offerings have been designed to suit specific customer requirements in the country. TVS King, our premium state-of-the-art threewheeler offering is an amalgamation of durability, comfort and convenience and is targeted at the tricycle passenger carrier market for both Government units as well as personal transport. The TVS Dazz, on the other hand, is a powerful 110cc scooter designed for the modern commuters who seek a practical as well as stylish offering. Our commitment to our customers extends to providing full-time after sales-service support as well as innovative programmes such as TVS Experience camps which run across the country.'' 

Shares of the company declined Rs 2.25, or 0.43%, to trade at Rs 517.10. The total volume of shares traded was 2,795 at the BSE (9.46 a.m., Thursday).

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