On April 8th the final result was announced . TVS made a collaboration with the BMW and they signed their agreement recently to make the bikes ranges from 250cc to 500cc . The bike is going to achieve a great fame for the companies.
In collaboration with BMW and TVS bikes , the TVS chairman MR . VENU SRINIVASAN has signed for a agreement to invest 140 crore ( in rupees ) that is 1400 millions .
TVS has started their work to produce their bikes in Mysore and Hosur
They are going to produce their bikes which ranges from 250cc to 500cc . On next year 2014 the bike is to be presented on auto expo show in Delhi . On 2015 the first bike is going to be launched in the world .
On the same time ,On the same engine , On from the same factory the bike is coming out into the market .
The bike may be made with both the BMW and TVS batches .
Therefore the advantages behind this agreement is:
1 . The TVS bikes are going to be launched in to the foreign countries also with the help of the world popular company BMW this will give more profit for the companies. Currently the TVS made APACHE bike with 160cc and also 180cc , the bike was very good but it did not became popular all over the world.
2 . At the same time the BMW bikes will get into India with the name of BMW and TVS Bikes .Due to this collaboration, BMW can sell their bikes with lowest rates . And also the BMW has got a local partner in india .
” On next year the BMW is going to launch their electric scooter ” said Mr STEPHAN SCHALLER president of BMW motorrad . This collaboration is profitable for those two companies .
This bike will create a different experience for bike riders .
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