TVS Motor Company, a global manufacturer of two-wheelers and three-wheelers, has achieved a remarkable milestone by becoming the first Indian automobile manufacturer to venture into the Venezuelan market. The company has introduced an impressive range of 14 product offerings in collaboration with local distributor SERVISUMINISTROS JPG.
This strategic move by TVS Motor Company exemplifies its commitment to expanding its global presence and seizing fresh growth opportunities in the region. By entering Venezuela, the company aims to cater to the diverse needs of the market and explore avenues for further expansion.
Rahul Nayak, Vice President of International Business at TVS Motor Company, expressed his enthusiasm, stating, “TVS Motor Company has set a benchmark in catering to diverse needs of customers globally. We are excited to introduce TVS Motor’s diverse lineup of motorcycles, scooters, and three-wheelers in Venezuela, making us the first Indian manufacturer to enter the market. Our presence in this dynamic market marks a significant achievement for our global expansion strategy and is a historic step towards our global ambitions.”
Nino Conersa Giancarlo Olivieri, CEO at SERVISUMINISTROS JPG, anticipates an exciting journey as they merge Indian engineering excellence with Venezuela’s rich cultural landscape. This collaboration is expected to provide a thrilling experience for motorcycle enthusiasts and bring high-quality products to the Venezuelan market, reflecting TVS Motor Company’s dedication to global growth and customer satisfaction.