TVS Motor Company, the India motorcycle manufacturer which has team-up with BMW Motorrad, has announced that it will launch 5 new motorcycles during the current financial year. The company spokes person did not revealed to much technical information, but it seemed that some of the 5 new motorcycles would also be for export markets.
Also TVS Motor Company also announced that the company's Indonesian subsidiary, PT TVS Motor Company Indonesia, will break even by next year and that they had allocated more financial resources for the company. TVS Motor, who had suffered in units sold due to the lack of fresh models said it would not shy away from investment. Compared to the financial year 2013, the company will invest an additional 40 percent.