TVS Motor Company on Tuesday announced plans to invest ₹2,000 crore in Karnataka over the next five years to establish a Global Capability Centre (GCC) and expand its production and engineering facilities in Mysuru.
This initiative aims to boost innovation, attract top talent, and strengthen research capabilities, supporting the company's 2030 growth targets.
The investment was revealed at the Global Investors Meet (GIM), Invest Karnataka 2025, where TVS Motor managing director Sudarshan Venu outlined the company’s vision.
Venu stated that they envision a capability centre that will attract top talent and innovative ideas and possess research capabilities to serve as the birthplace of next-generation bikes.
The company has signed an agreement with the Karnataka government, which includes plans to set up a test track and build new office infrastructure. The centre will bring together engineers, designers, and AI/ML experts to drive future innovations.
Venu stated that the proposed plan seeks to provide substantial solutions for both personal and commercial mobility, establishing new standards
Expansion Plans in Mysuru
According to reports, TVS Motor already operates a manufacturing facility in Mysuru with over 3,500 employees and an annual production capacity of 1.5 million vehicles. The factory caters to both domestic and export markets, generating ₹7,600 crore in revenue, with ₹1,200 crore from exports alone.
With the new investment, TVS aims to double its exports and overall revenue from Mysuru operations.
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