TVS Motor has signed an agreement with the Karnataka government to invest ₹2,000 crore over the next five years. The investment will be used to establish a Global Capability Centre (GCC) in Karnataka and expand its existing operations in Mysuru.
A GCC is a specialized unit that manages IT and business functions of an organization. The new TVS Motor plant will have a test track and office space, supporting research and development of next-generation bikes.
TVS Motor, the world’s fourth-largest two-wheeler company with 5.8 crore customers worldwide, aims to access top talent and increase innovation. Managing Director Sudarshan Venu said the new capability centre will bring together engineers, designers, and AI-ML experts to shape the future of mobility.
The company’s Mysuru plant, which employs over 3,500 people, has the capacity to produce 15 lakh vehicles annually. The plant generates ₹1,200 crore in export revenue, of the total revenue of ₹7,600 crore generated by the company. TVS plans to double its exports as well as overall revenue from this plant.
TVS Motor also has two other factories at Hosur (Tamil Nadu) and Nalagarh (Himachal Pradesh).
The Karnataka government has released an Industrial Policy 2025-30, with a target of ₹7.5 lakh crore of investments and 20 lakh new jobs by 2030. The state also launched an AI-powered single-window system in collaboration with Microsoft to speed up industrial clearances.
At the same Invest Karnataka 2025 event, chipmaker Lam Research announced an investment of ₹10,000 crore in Karnataka. The event concludes on February 14.
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Source: Moneycontrol
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