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TVS Motor looks to gain speed in performance bike market despite Covid-19

Having acquired iconic British brand Norton in April, the Chennai-based company is looking to gain speed in the performance bike market

For TVS, the premium push picked up speed in April this year when it acquired Norton for Rs 153.12 crore
premium

For TVS, the premium push picked up speed in April this year when it acquired Norton for Rs 153.12 crore

T E Narasimhan Chennai
In 1982, TVS Motor began its journey on the road to becoming a premium two-wheeler company by launching a racing team. But it gained momentum only in 2005 with the 150 cc performance bike TVS Apache. Since then, it has steadily accelerated this premium drive with the recently-acquired British legacy brand Norton and a high-end 200 cc brand called Zeppelin on the launch pad. The pandemic-induced downturn will not change this strategy, the company says.

“Premiumisation,” to use marketing jargon, has been a buzzword at TVS over the past decade against the backdrop of rising disposable incomes. Premium bikes, which