Eyeing on the Indonesian two-wheeler market, the motorcycle maker TVS is planning to invest about Rs 10 crore at its recently completed assembly plant in West Java, the company official said.TVS had invested Rs 4.5 crore in its plant which had a production capacity of 300,000 units per year, B L P Simha, president director of TVS Motors in Indonesia, said.
TVS would make all types of motorcycles at its plant located in the Surya Cipta Industrial Estate in Karawang, such as mopeds, sports and automatic motorcycles.The company would market 110 cc mopeds with the brandname "Nio" and in the next three or four years, 100 to 150 cc motorcycles.
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