TVS Srichakra forays into Indonesian market with Eurogrip range of tyres

The manufacturer of two and three-wheeler tyres, TVS Srichakra, on Tuesday announced its foray into the Indonesian market, with the Eurogrip range of tyres

tyre, tyres, rubber
Representative image
Press Trust of India Mumbai
2 min read Last Updated : Aug 31 2021 | 5:19 PM IST

The manufacturer of two and three-wheeler tyres, TVS Srichakra, on Tuesday announced its foray into the Indonesian market, with the Eurogrip range of tyres, in its bid to strategically build a strong presence in the Southeast Asian nation.

The first product line to be launched is "Eurogrip Bee City" a range of two-wheeler tyres completely customized to suit the needs of Indonesian riders' urban lifestyle and road conditions, the company said in a release.

These tyres are suited for popular scooter and motorbike models in Indonesia and come in five sizes to start with. The range will be available immediately in Jakarta, Bandung, Semarang and Surabaya.

In the second phase, these tyres will be available in seven other cities -- Palembang, Medan, Pontianak, Samarinda, Manado, Banjarmasin and Makassar, it stated.

TVS Srichakra is committed to strategically build a strong presence in the attractive Indonesian two-wheeler tyre market, the company said.

"Indonesia will be one of our important international markets going forward and we will invest in terms of infrastructure, sales processes as well as brand, said Madhavan, EVP for sales and marketing, TVS Srichakra Ltd.

Eurogrip Bee City is the first of many products that the company has planned under the "Bee" sub-brand for this market, he said, adding, "we have upcoming products in the Sport and On-Off segments being developed under the same sub-brand".

These tyres have high-flexibility polymer compounds that provide uniform traction and wear with skid-proofing on wet roads as well as excellent wet and dry grip. The stronger reinforced casing gives high durability and long tyre life, the company said.

They are compatible with a wide range of bike models such as Yamaha Jupiter Z, Suzuki Smash, Honda Beat, among others, it said.

"We are confident that these tyres will delight our Indonesian customers with an effortless riding experience suited for different conditions," said Sivaramakrishnan V, Chief Technology Officer, TVS Srichakra Ltd.

To start with, customers can choose from a product line consisting of five tyre sizes, three patterns and 13 products and will be offered with a 4-year warranty period, TVS Srichakra said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :TVS AutomobileTVS MotorIndonesia

First Published: Aug 31 2021 | 5:17 PM IST

Next Story